Top 7 SBI Mutual Funds With Best SIP Returns in 15 Years: Rs 8,333 monthly SIP investment in No 1 fund is now worth Rs 1,06,51,565; here's what others have given
Top 7 SBI Mutual Funds With Highest SIP Returns in 15 Years: As the largest mutual fund house in India, SBI Mutual Fund runs many schemes which have been consistent performers for long-term investors. Many of them have multiplied investor wealth by many times.
Top 7 SBI SIP Mutual Funds in 15 Years: Some mutual fund schemes give handsome returns in the short term.
A lot of investors flock to invest in them because of the fear of missing out factor (FOMO).
Such funds may perform well for a year or 2, but they may fizzle out in the long run.
For investors with long-term vision, it is important to select a bunch of mutual fund schemes that can give consistent returns to them and can solidify their portfolio to help them meet financial goals.
Among all asset management companies (AMCs), SBI is the largest fund house in terms of assets under management (AUM) with assets worth Rs 11,06,466 crore, as per Value Research data.
It has 128 schemes in equity, hybrid, and debt mutual funds.
In this write-up, know which have been the top 7 SBI mutual funds with highest SIP returns (XIRR) in 15 years and what each fund has given on a Rs 8,333 monthly SIP investment during that period.
SBI Small Cap Fund
The small cap mutual fund has given 23.29 per cent annualised SIP returns in 15 years.
It has assets under management (AUM) of Rs 33,107 crore, while its net asset value (NAV) is Rs 178.3251.
Benchmarked against BSE 250 SmallCap TRI, the fund given 20.91 per cent annualised returns since its inception in September 2009.
With an expense ratio of 1.56 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
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Rs 8,333 monthly SIP in the fund in the 15-year period, or a total investment of Rs 14,99,940, has converted into Rs 1,06,51,565.
SBI Magnum Midcap Fund
The fund has given 19.42 per cent annualised SIP returns in the 15-year time frame.
It has AUM of Rs 21,407 crore, while its NAV is Rs 236.3409.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 17.48 per cent annualised returns since its debut in March 2005.
At an expense ratio of 1.65 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 8,333 monthly SIP in the fund has jumped to Rs 75,65,375 lakh in the 15-year period.
SBI Technology Opportunities Fund
The fund has given 19.27 per cent annualised SIP returns in the 15-year period.
It has AUM of Rs 4,304 crore, while its unit price is Rs 129.1804.
Benchmarked against BSE Teck TRI, the fund given 15.91 per cent annualised returns since its launch in July 1999.
With an expense ratio of 1.90 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 8,333 monthly SIP in the fund has swelled to Rs 74,64,784 in the 15-year time frame.
SBI Consumption Opportunities Fund
The fund has given 19.07 per cent annualised SIP returns in 15 years.
It has AUM of Rs 3,015 crore, while its NAV is Rs 197.8586.
Benchmarked against NIFTY India Consumption TRI, the fund given 16.17 per cent annualised returns since its beginning in July 1999.
At an expense ratio of 1.65 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 8,333 monthly SIP in the fund has ballooned to Rs 73,37,513 in the 15-year period.
SBI Healthcare Opportunities Fund
The fund has given 18.25 per cent annualised SIP returns in the 15-year time frame.
It has an asset base of Rs 3,416 crore, while its NAV is Rs 425.9037.
Benchmarked against BSE Healthcare TRI, the fund given 17.13 per cent annualised returns since its starting in July 1999.
With an expense ratio of 1.95 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 8,333 monthly SIP in the fund has converted into Rs 68,25,260 in 15 years.
SBI Contra Fund
The fund has given 17.66 per cent annualised SIP returns in the 15-year time period.
Its AUM is Rs 40,486 crore, while its NAV is Rs 381.4091.
Benchmarked against BSE 500 TRI, the fund given 19.75 per cent annualised returns since its debut in July 1999.
At an expense ratio of 1.51 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 8,333 monthly SIP in the fund has grown to Rs 64,78,513 in 15years.
SBI Long Term Equity Fund - Regular Plan
The fund has given 17.15 per cent annualised SIP returns in the 15-year time frame.
It has an asset base of Rs 27,559 crore, while its unit price is Rs 431.4059.
Benchmarked against BSE 500 TRI, the fund given 17.28 per cent annualised returns since its inception in March 1993.
With an expense ratio of 1.59 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 8,333 monthly SIP in the fund has grown to Rs 61,97,977 in the 15-year period.
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