Top 7 SBI Mutual Funds With Best SIP Returns in 3 Years: Rs 16,666 monthly SIP investment in No. 1 scheme has grown to Rs 11,06,116; what about others?
Top 7 SBI Mutual Funds With Highest SIP returns in 3 years: SBI Mutual Fund House is one of the oldest Asset Management Companies run by a public sector undertaking (PSU). The fund house, established in 1987, runs as many as 123 schemes.
Top 7 SBI Mutual Funds With Highest SIP returns in 3 Years: SBI Mutual Fund house is the largest Asset Management Company (AMC) among all mutual fund houses with assets worth Rs 11,06,466 crore, as per Value Research data. The fund house runs as many as 123 mutual fund schemes under equity, hybrid, and debt funds. The fund house has some of the most consistent schemes, many of which have beaten their respective benchmarks. Some of them have been over 20 years old and have been delivering good returns for their investors. On the other hand, many have also given good returns in the short term. Know about the top 7 SBI mutual funds in terms of highest annualised SIP returns (XIRR) in 3 years, and how Rs 16,666 monthly SIP, or Rs 200,000 investment in a year, has converted into during that period.
Photos: Unsplash/Pixabay
SBI PSU Fund - Direct Plan
The thematic fund has given 44.02 per cent annualised SIP return in the 3-year period.
It has assets under management (AUM) of Rs 4,471 crore, while its net asset value (NAV) is Rs 35.0490.
Benchmarked against BSE PSU TRI, the fund has given 12.68 per cent annualised return since its debut in January 2015.
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 16,666 monthly SIP investment in 3 years, or a total investment of Rs 2,00,000, has jumped to Rs 11,06,116.
SBI Healthcare Opportunities Fund - Direct Plan
The sectoral fund has given 36.14 per cent annualised SIP return in 3 years.
It has AUM of Rs 3,416 crore, while its NAV is Rs 480.9243.
Benchmarked against BSE Healthcare TRI, the fund has given 19.05 per cent annualised return since its launch in January 2013.
SBI Healthcare Opportunities Fund - Direct Plan
With 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 16,666 monthly SIP investment in the fund has converted into Rs 10,00,132 in the 3-year time frame.
SBI Long Term Equity Fund - Direct Plan
The fund has given 33.39 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 27,559 crore, while its unit price is Rs 480.9243.
Benchmarked against BSE 500 TRI, the fund has given 17.49 per cent annualised return since its inception in January 2013.
SBI Long Term Equity Fund - Direct Plan
At an expense ratio of 0.94 per cent, the fund has Rs 500 as the minimum SIP investment and lump sum investment each.
A Rs 16,666 monthly SIP investment in the fund has swelled to Rs 9,64,852 in the 3-year period.
SBI Infrastructure Fund - Direct Plan
The sectoral fund has given 33.37 per cent annualised SIP return in the 3-year period.
It has a fund size of Rs 4,963 crore, while its NAV is Rs 54.3297.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 16.66 per cent annualised return since its starting in January 2013.
SBI Infrastructure Fund - Direct Plan
With 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 16,666 monthly SIP investment in the fund has converted into Rs 9,64,540 in 3 years.
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan
The aggressive hybrid fund has given 29.79 per cent annualised SIP return in 3 years.
Its AUM is Rs 2,825 crore, while its unit price is Rs 54.3297.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 41.74 per cent annualised return since its starting in September 2020.
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan
At an expense ratio of 0.81 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 converted into Rs 9,19,900 in the 3-year time frame.
SBI Contra Fund - Direct Plan
The value oriented fund has given 29.51 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 40,486 crore, while its NAV is Rs 414.3851.
Benchmarked against BSE 500 TRI, the fund has given 17.68 per cent annualised return since its debut 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 16,666 monthly SIP investment in the fund has converted into Rs 9,16,450 in the 3-year period.
SBI Nifty Next 50 Index Fund - Direct Plan
The sectoral fund has given 29.13 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 1,395 crore, while its unit price is Rs 19.4208.
Benchmarked against NIFTY Next 50 TRI, the fund has given 20.64 per cent annualised return since its inception in May 2021.
SBI Nifty Next 50 Index Fund - Direct Plan
At an expense ratio of 0.33 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 converted into Rs 9,11,838 in 3 years.