Top 7 SBI mutual funds with best SIP returns in 3 years: Rs 16,666 monthly SIP investment in No. 1 fund is now worth Rs 9,90,020
Top 7 SBI mutual funds with best SIP returns in 3 years: SBI Mutual Fund house holds assets worth Rs 10,90,735 crore and runs as many as 123 mutual fund schemes across equity, hybrid, and debt mutual funds.
Top 7 SBI mutual funds with best SIP returns in 3 years: India's mutual fund investment arena has a vast horizon, having as many as 43 assets management companies (AMCs) offering more than 2,000 schemes. While UTI was the earliest mutual fund company, Public Sectors Undertakings (PSUs) started their AMCs in 1987. SBI was one of the 6 PSUs which started its own AMC in that year. The fund house emerged as the largest AMC in the country, holding as many as 123 schemes across equity, hybrid, and debt mutual funds. It has assets worth Rs 10,90,735 crore as per Value Research. The fund also runs some of the oldest and most consistent schemes. Many of its funds have performed well in the short term as well. We take you through the top 7 SBI mutual funds with the highest annualised SIP returns (XIRR) in the 3-year period. Also know what a Rs 16,666 monthly SIP investment in each of them has given during that period.
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SBI Healthcare Opportunities Fund - Direct Plan
The fund has given 35.35 per cent annualised SIP return in the 3-year period.
It has assets under management (AUM) of Rs 3,628 crore, while its net asset value (NAV) is Rs 487.5871.
Benchmarked against BSE Healthcare TRI, the fund has given 18.99 per cent annualised return since its inception in January 2013.
SBI Healthcare Opportunities Fund - Direct Plan
At an expense ratio of 0.89 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP investment in 3 years, or a total investment of Rs 5,99,976, has jumped to Rs 9,90,020.
SBI PSU Fund - Direct Plan
The fund has given 33.36 per cent annualised SIP return the 3-year time frame.
It has assets under management (AUM) of Rs 4,572 crore, while its net asset value (NAV) is Rs 80.5500.
Benchmarked against BSE PSU TRI, the fund has given 11.69 per cent annualised return since its launch in January 2013.
SBI PSU Fund - Direct Plan
With an expense ratio of 0.74 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP investment in the 3-year period has converted into Rs 9,64,588.
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan
The fund has given 29.88 per cent annualised SIP return in the 3-year period.
It has a fund size of Rs 3,245 crore, while its unit price is Rs 44.0171.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 41.32 per cent annualised return since its debut in September 2020.
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan
At an expense ratio of 0.80 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP investment in the fund has jumped to Rs 9,21,079 the 3-year time frame.
SBI Long Term Equity Fund - Direct Plan
The fund has given 28.82 per cent annualised SIP return in 3 years.
Its AUM is Rs 27,791 crore, while its NAV is Rs 449.6178.
Benchmarked against BSE 500 TRI, the fund has given 17.02 per cent annualised return since its starting in January 2013.
SBI Long Term Equity Fund - Direct Plan
With an expense ratio of 0.93 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP investment in the fund has grown to Rs 9,08,023 in 3 years.
SBI Infrastructure Fund - Direct Plan
The fund has given 26.73 per cent annualised SIP return in 3 years.
It has AUM of Rs 4,999 crore, while its NAV is Rs 51.2874.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 15.94 per cent annualised return since its debut in January 2013.
SBI Infrastructure Fund - Direct Plan
At an expense ratio of 0.92 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP investment in the fund has jumped to Rs 8,82,838 the 3-year period.
SBI Technology Opportunities Fund - Direct Plan
The fund has given 25.39 per cent annualised SIP return in the 3-year period.
It has an asset base of Rs 4,739 crore, while its NAV is Rs 253.5591.
Benchmarked against BSE Teck TRI, the fund has given 22.11 per cent annualised return since its inception in January 2013.
SBI Technology Opportunities Fund - Direct Plan
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 16,666 monthly SIP investment in the fund has jumped to Rs 8,66,879 the 3-year time frame.
SBI Contra Fund - Direct Plan
The fund has given 24.4 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 5,406 crore, while its unit price is Rs 398.9354.
Benchmarked against BSE 500 TRI, the fund has given 17.13 per cent annualised return since its beginning in January 2013.
SBI Contra Fund - Direct Plan
At an expense ratio of 0.57 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP investment in the fund has jumped to Rs 8,55,237 the 3-year period.