Top 7 SBI Mutual Funds With Highest SIP Returns in 3 Years: No. 1 scheme has converted Rs 25,000 monthly SIP into Rs 17.73 lakh; know what others have done
Top 7 SBI SIP Mutual Funds in 3 Years: As one of India's oldest AMCs, established in 1987, SBI Mutual Fund House runs as many as 61 mutual fund schemes, of which 37 are equity mutual fuds, 22 are debt funds, 11 are hybrid funds and 2 are other funds.
Top 7 SBI Mutual Funds With Best SIP Returns in 3 Years: As many as 44 assets management (AMC) companies are operating in India. State Bank of India Mutual Fund tops the chart with the highest assets under management worth Rs crore over. As one of India's oldest AMCs, the fund house runs as many as 61 mutual fund schemes, of which 37 are equity mutual funds, 22 are debt funds, 11 are hybrid funds, and 2 are other funds. In this write-up, we take you through the top 7 SBI mutual funds in in terms of the highest SIP returns (XIRR) in 3 years. Also, know how Rs 25,000 monthly SIP in each fund has given to investors in these 3 years.
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SBI PSU Direct Plan-Growth
The thematic fund has given 49.53 per cent annualised SIP returns in the 3 years.
It has assets under management (AUM) of Rs 4,851 crore, while its net asset value (NAV) is Rs 35.36.
Benchmarked against BSE PSU TRI, the fund has given 12.98 per cent annualised returns (CAGR) since its launch in January 2013.