Top 7 SBI Mutual Funds With Best SIP Returns in 10 Years: Rs 11,111 monthly SIP investment in No 1 fund has sprung to Rs 47 lakh; know all details
Top 7 SBI Mutual Funds With Best SIP Returns in 10 Years: Being one of the oldest PSU mutual fund houses in India, SBI runs some of the oldest and most established mutual fund schemes that have given consistent annualised SIP returns in the short and long terms.
Top 7 SBI Mutual Funds With Best SIP Returns in 10 Years: SBI Mutual Fund House was established in 1987, and over the years, it has emerged as the largest Asset Management Company (AMC) in India, holding assets worth Rs 11,07,710 crore, as per Value Research data. The fund house runs as many as 123 mutual fund schemes, which include equity, hybrid, and debt funds. Many of its equity funds have been in existence for over one decade. They have given good returns in the short and long runs in terms of highest annualised lump sum (CAGR) and SIP (XIRR) returns. In this write-up, we take you through the top 7 SBI mutual fund schemes in terms of highest annualised SIP returns in 10 years. Also know how Rs 11,111 monthly SIP investment has performed in each of them.
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SBI Small Cap Fund - Direct Plan
The small cap fund has given 23.81 per cent annualised SIP return in the 10-year period.
It has assets under management (AUM) of Rs 33,285 crore, while its net asset value (NAV) is Rs 209.4705.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 26.29 per cent annualised return since its beginning in January 2013.
SBI Small Cap Fund - Direct Plan
With an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in 10 years, or a total investment of Rs 13,33,320, has grown to Rs 46,98,624.
SBI Technology Opportunities Fund - Direct Plan
The sectoral fund has given 23.73 per cent annualised SIP return in 10 year.
It has AUM of Rs 4,586 crore, while its NAV is Rs 263.8625.
Benchmarked against BSE Teck TRI, the fund has given 22.68 per cent annualised return since its starting in January 2013.
SBI Technology Opportunities Fund - Direct Plan
At an expense ratio of 0.84 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 10-year period has jumped to Rs 46,78,535.
SBI Contra Fund - Direct Plan
The value-oriented fund has given 22.2 per cent annualised SIP return in the 10-year time frame.
It has AUM of Rs 41,907 crore, while its NAV is Rs 422.3744.
Benchmarked against BSE 500 TRI, the fund has given 17.81 per cent annualised return since its inception in January 2013.
SBI Contra Fund - Direct Plan
With an expense ratio of 0.59 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in 10 years has sprung to Rs 43,07,972.
SBI Infrastructure Fund - Direct Plan
The sectoral fund has given 22.03 per cent annualised SIP return in the 10-year period.
It has AUM of Rs 5,006 crore, while its unit price is Rs 56.0770.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 16.92 per cent annualised return since its launch in January 2013.
SBI Infrastructure Fund - Direct Plan
At an expense ratio of 0.91 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 10-year time frame has converted into Rs 42,68,277.
SBI Consumption Opportunities Fund - Direct Plan
The thematic fund has given 20.78 per cent annualised SIP return in 10 years.
It has a fund size of Rs 3,074 crore, while its unit price is Rs 377.3036.
Benchmarked against NIFTY India Consumption TRI, the fund has given 18.46 per cent annualised return since its debut in January 2013.
SBI Consumption Opportunities Fund - Direct Plan
With an expense ratio of 0.90 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 10-year period has swelled to Rs 39,89,622.
SBI PSU Fund - Direct Plan
The thematic fund has given 20.66 per cent annualised SIP return in the 10-year time frame.
It has an asset base of Rs 4,686 crore, while its NAV is Rs 35.5987.
Benchmarked against BSE PSU TRI, the fund has given 12.79 per cent annualised return since its starting in January 2013.
SBI PSU Fund - Direct Plan
At an expense ratio of 0.76 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in 10 years has grown to Rs 39,62,943.
SBI Magnum Midcap Fund - Direct Plan
The mid cap fund has given 20.52 per cent annualised SIP return in the 10-year period.
It has a fund size of Rs 21,455 crore, while its unit price is Rs 268.9072.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.83 per cent annualised return since its beginning in January 2013.
SBI Magnum Midcap Fund - Direct Plan
With an expense ratio of 0.79 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 10-year time frame has converted into Rs 39,34,152.