SBI Mutual Fund’s top 5 schemes with up to 40% annualised returns in 5 years | Rs 10K SIP grows to Rs 16 lakh
SBI Mutual Fund is India’s largest bank-backed mutual fund with an asset under management of nearly Rs 9 lakh crore. The asset management company has several top performing schemes across categories. The fund house, the mutual fund arm of India’s largest PSU bank SBI, has schemes ranging from equity, debt to hybrid category.
It currently offers more than 120 funds across different risk-return profiles for investors to invest. In this article, we will discuss about top five schemes of the fund house based on their five-year performance.
Top 5 SBI Mutual Fund schemes with best returns in five years:
SBI PSU Direct Plan – Growth
NAV – Rs 35.5657
Fund Size : Rs 4,851.11 crore
Expense Ratio : 0.72%
5-year SIP return – 39.5%
With this rate of annualised return, an SIP started with Rs 10,000 per month five years ago would have turned into Rs 15.66 lakh now.
SBI Infrastructure Fund Direct-Growth
NAV – Rs 58.71
Fund Size : Rs 4,790.48 crore
Expense Ratio : 1%
5-year SIP return – 37.52%
At this rate of annualised return, the fund would have turned an SIP started with Rs 10,000 per month five years ago into Rs 14.96 lakh now.
SBI Contra Direct Plan-Growth
NAV – Rs 431.49
Fund Size : Rs 39,432.5 crore
Expense Ratio : 0.57%
5-year SIP return – 36.82%
With this growth rate, Rs 10,000 monthly SIP would have turned into Rs 14.72 lakh now.
SBI Long Term Equity Fund Direct Plan-Growth
NAV – Rs 483.43
Fund Size : Rs 28,000.03 crore
Expense Ratio : 0.93%
5-year SIP return – 33.63%
With this rate of annualised return, an SIP started with Rs 10,000 per month five years ago would have turned into Rs 13.67 lakh now.
SBI Small Cap Fund Direct-Growth
NAV – Rs 212.19
Fund Size : Rs 33068.53 crore
Expense Ratio : 0.63%
5-year SIP return – 33.01%
With this rate of annualised return, an SIP started with Rs 10,000 per month five years ago would have turned into Rs 13.47 lakh now.
Please note that the returns mentioned for these funds are based on past performance and do not guarantee future returns. Investors should conduct thorough research and consult a personal finance advisor or mutual fund before making any investment decisions.