Top SBI large vs mid vs small cap SIP mutual funds: Know which has given best return on Rs 20,000 monthly SIP
Top SBI Mutual Funds: State Bank of India (SBI) Mutual Fund house is India's biggest asset management company (AMC) in terms of the asset base. It had Rs 9,13,780.06 crores as AUM as of March 31, 2024. It meant it held 17.11 per cent of the industry's AUM. The fund house runs mutual fund schemes in all categories, be they equity, hybrid, or debt. In terms of equity MFs, it runs schemes in three popular caps: large, mid, and small. In this write-up, learn what are annual SIP returns (XIRR) of SBI Mutual Fund's large-, mid-, and small-cap mutual funds in the five-year period and what Rs 20,000 monthly SIP in each of the funds has given in the same period.
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SBI Bluechip Fund
The fund has given a 21.98 annual SIP return in the five years. It has a large asset under management (AUM) of Rs 49,177 crore, while its net asset value (NAV) is worth Rs 89.2200. benchmarked against BSE TRI, the fund has a 0.83 per cent expense ratio against the category average of 0.91 per cent. The minimum lump sum investment in it is Rs 5,000, while the minimum SIP investment in the fund is Rs 500.
SBI Bluechip Fund
The fund has 97.62 per cent of its investment in domestic equities, of which 66.73 per cent is in large-cap stocks. Launched in July 2014, the fund has a 50-stock portfolio against the category average of 51.32. HDFC Bank, ICICI Bank, Reliance Industries Limited, Larsen & Toubro, and Infosys are the biggest stocks in its portfolio.
A Rs 20,000 monthly SIP in the fund has turned into Rs 20.69 lakh in the five-year period.
SBI Magnum Mid Cap Direct Plan-Growth
The mid-cap mutual fund has given 32.32 per cent annual SIP returns in the five-year time frame. The fund has an AUM of Rs 20,316 crore, while its NAV is worth Rs 259.8744. NIFTY Midcap 150 TRI, the fund has Rs 5,000 as the minimum lump amount and Rs 500 as the minimum amount. Launched in January 2013, it has an expense ratio of 0.82 per cent.
SBI Magnum Mid Cap Direct Plan-Growth
It has 94.59 per cent of its investments in equities with 65.06 per cent in mid caps. The fund's 72-stock portfolio has Torrent Power, Sundaram Finance, Schaeffler India, and Carborundum Universal Ltd. as its main stocks.
A Rs 20,000 monthly SIP in the fund has turned into a total of Rs 26.44 lakh in the five-year period.
SBI Small Cap Fund Direct-Growth
The small-cap fund from the SBI Mutual Fund house has given a 33.29 per cent SIP return in the five-year period.
Benchmarked against BSE 250 SmallCap TRI, the fund has an asset base of Rs 30,836 crore, while its NAV is Rs 204.3766. The fund has given a 27.08 per cent return since its inception in January 2013.
SBI Small Cap Fund Direct-Growth
At an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP investment. The fund has a portfolio of 56 stocks with 87.49 per cent of its investments in small-cap stocks. Nifty 50, Blue Star Ltd, Finolex Industries Ltd, and Kalptaru Projects International Ltd are the main stocks in its portfolio. A Rs 20,000 monthly SIP in the fund has given a total of Rs 27.04 lakh in the five years.