Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,252 monthly SIP investment in No. 1 scheme has sprung to Rs 3,74,615; know about others
Top 7 SBI Mutual Funds With Highest SIP Returns in 1 Year: SBI is among the oldest PSU mutual fund houses in India, running as many as 123 schemes. The fund house has equity, hybrid, and debt funds as part of its portfolio. Many of its mutual fund schemes have been benchmark beaters in the short and the long term.
Top 7 SBI Mutual Funds With Highest SIP Returns in 1 Year: In India, as many as 43 asset management companies (AMCs) run mutual fund schemes of various types and sizes. UTI Mutual Fund is the oldest mutual fund house in India. In 1987, public sector undertakings (PSUs) were given the licence to launch their fund houses. Among the 6 PSUs that got the right to run mutual fund schemes, SBI Mutual Fund House was the one. The fund house has grown to the largest AMC in India ever since with assets worth Rs 11,09,710 crore, as per Value Research. The fund house runs as many as 123 schemes, including equity, hybrid, and debt funds. Some of its schemes have been benchmark beaters in the short and long term. Some of its mutual funds are also among the oldest schemes in India. Here, we take you through the top 7 SBI mutual fund schemes with highest SIP returns (XIRR) in the 1 year. Also know how a Rs 25,252 monthly SIP investment in each scheme has performed in the same time frame.
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SBI Healthcare Opportunities Fund Direct Plan-Growth
The fund has given 38.66 per cent annualised SIP return in the 1-year period.
It has assets under management (AUM) of Rs 3,460 crore, while its net asset value (NAV) is Rs 491.33.
Benchmarked against BSE Healthcare TRI, the fund has given 19.12 per cent annualised return (CAGR) since its beginning in January 2013.
SBI Healthcare Opportunities Fund Direct Plan-Growth
At an expense ratio of 0.89 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in 1 year, or a total investment of Rs 3,03,024, has zoomed to Rs 3,74,615.93.
SBI Technology Opportunities Fund Direct-Growth
The fund has given 37.56 per cent annualised SIP return in the 1-year time frame.
It has AUM of Rs 4,586 crore, while its NAV is Rs 257.21.
Benchmarked against BSE Teck TRI, the fund has given 22.32 per cent annualised return since its starting in January 2013.
SBI Technology Opportunities Fund Direct-Growth
With an expense ratio of 0.83 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in the 1-year period has converted into Rs 3,72,335.81.
SBI Multicap Fund Direct - Growth
The fund has given 21.38 per cent annualised SIP return in 1 year.
It has an asset base of Rs 18,941 crore, while its unit price is Rs 16.89.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.84 per cent annualised return since its debut in February 2022.
SBI Multicap Fund Direct - Growth
At an expense ratio of 0.87 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in the 1-year time frame has swelled to Rs 3,40,514.7.
SBI International Access - US Equity FoF Direct - Growth
The fund has given 18.71 per cent annualised SIP return in the 1-year period.
It has a fund size of Rs 981 crore, while its NAV is Rs 17.31.
Benchmarked against S&P 500 TRI, the fund has given 15.61 per cent annualised return since its inception in March 2021.
SBI International Access - US Equity FoF Direct - Growth
With an expense ratio of 0.9 per cent, the fund has Rs 1,000 as the minimum SIP investment.
A Rs 25,252 monthly SIP investment in 1 year has jumped to Rs 3,35,560.3.
SBI Consumption Opportunities Fund Direct-Growth
The fund has given 18.56 per cent annualised SIP return in the 1-year time frame.
Its AUM is Rs 3,074 crore, while its NAV is Rs 369.41.
Benchmarked against NIFTY India Consumption TRI, the fund has given 18.17 per cent annualised return since its launch in January 2013.
SBI Consumption Opportunities Fund Direct-Growth
At an expense ratio of 0.9 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in the 1-year period has grown to Rs 3,35,284.36.
SBI Nifty Smallcap 250 Index Fund Direct - Growth
The fund has given 17.73 per cent annualised SIP return in 1 year.
It has an asset base of Rs 1,248 crore, while its unit price is Rs 19.31.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 34.1 per cent annualised return since its beginning in February 2022.
SBI Nifty Smallcap 250 Index Fund Direct - Growth
With an expense ratio of 0.41 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in the 1-year time frame has sprung to Rs 3,33,762.06.
SBI Banking & Financial Services Fund Direct-Growth
The fund has given 16.50 per cent annualised SIP return in the 1-year period.
It has a fund size of Rs 6,548 crore, while its unit price is Rs 42.44.
Benchmarked against NIFTY Financial Services TRI, the fund has given 15.56 per cent annualised return since its starting in February 2015.
SBI Banking & Financial Services Fund Direct-Growth
At an expense ratio of 0.73 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,252 monthly SIP investment in the 1-year time frame has converted into Rs 3,31,520.31.