Top SBI PSU vs Infra vs ELSS Mutual Fund With Highest SIP Returns in 3 Years: Which of 3 has converted Rs 25,000 monthly SIP investment into Rs 18.94 lakh?
Top 3 SBI Mutual Funds in 3 Years: The SBI mutual fund house is India's largest asset management company (AMC) in India with assets under management (AUM) of Rs 9,90,090 crore. As one of the oldest mutual fund houses in India, it was set up in 1987 and runs 60 schemes. Many of its mutual fund schemes have been consistent performers over the time. If we cast a glance at the performance of the of the top 3 SBI mutual funds in terms of SIP annualised returns (XIRR) in 3 years, SBI PSU Fund, SBI Infrastructure Fund, and SBI Long Term Equity Fund top the chart. In this write-up, know about these 3 funds that have given up to 55.06 per cent annualised SIP returns in 3 years. Also know what Rs 25,000 monthly investment in each fund has given in 3 years.
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SBI PSU Direct Plan-Growth
The PSU mutual fund is the top performing mutual fund category in 3 years with 45.01 per cent annualised returns, as per Value Research data. SBI PSU Direct Plan-Growth has too jumped on the bandwagon with a 3-year annualised SIP return of 55.06 per cent. The fund has AUM of Rs 4,602 crore, while its net asset value (NAV) is Rs 36.97.
SBI PSU Direct Plan-Growth
Benchmarked against BSE PSU TRI, the fund has given 13.55 per cent annualised returns (CAGR) since its inception in January 2013. At an expense ratio of 0.78 per cent, the minimum lump sum investment is Rs 5,000, and the minimum SIP investment is Rs 500. The fund has 90.98 per cent investment in equity, of which 66.81 per cent in large cap stocks and 20.9 per cent in small cap stocks.
SBI PSU Direct Plan-Growth
In a portfolio of 25 stocks, the fund has SBI, Power Grid, GAIL (India), and BEL as its main holdings.
A Rs 25,000 monthly SIP in the fund in 3 years, or a total investment of Rs 9 lakh, has turned into Rs 18.94 lakh.
SBI Infrastructure Fund Direct-Growth
If we talk about a mutual fund category that has grown the fastest in 3 years after the PSU MF, it is thematic infrastructure category. The category's 3-year return is 32.09 per cent. SBI Infrastructure Fund Direct-Growth has too benefited from the rise of the infra category. It has given 41.72 per cent annualised SIP returns in the 3-year period. It has AUM of Rs 4,524 crore, while its NAV is Rs 56.52.
SBI Infrastructure Fund Direct-Growth
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.53 per cent annualised returns (CAGR) since its launch in January 2013. With an expense ratio of 1.17 per cent, the fund has a minimum lump sum investment of Rs 5,000, while the minimum SIP investment is Rs 500. The fund has 90.83 per cent of its investments in equity, of which 37.06 per cent are in large cap, 34.28 per cent in small cap, and 19.49 per cent in mid cap stocks.
SBI Infrastructure Fund Direct-Growth
In a portfolio of 47 stocks, the fund has RIL, Larsen & Toubro, Bharti Airtel, and Indian Energy Exchange as its main stocks.
A Rs 25000 monthly SIP in the fund has given a total of Rs 16.08 lakh in the 3-year period.
SBI Long Term Equity Fund Direct Plan-Growth
The ELSS mutual fund is also one of the top performer schemes from the fund house. The fund has given 39.07 per cent annualised SIP return in 3 years. It has AUM of Rs 25,738 crore, while its NAV is Rs 469.93. Benchmarked against BSE 500 TRI, the fund has had a CAGR of 18.12 per cent since its inception in January 2013. At an expense ratio of 0.93 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 500 as the minimum SIP investment in the fund.
SBI Long Term Equity Fund Direct Plan-Growth
The fund has 90.62 per cent of its investment in equity, of which 51.24 per cent is in large cap, 23.65 per cent in mid cap, and 15.73 per cent in small cap stocks. In its portfolio of 61 stocks, the ELSS fund, which also provides up to Rs 1.50 lakh tax benefits under Section 80c of the Income Tax Act, 1961, in a financial year, has GE T&D India, HDFC Bank, Mahindra and Mahindra, and ICICI Bank as the main holdings.
SBI Long Term Equity Fund Direct Plan-Growth
A Rs 25,000 monthly SIP in the fund has given a total of Rs 15.54 lakh in the 3-year period.