Top 5 SBI Mutual Fund Schemes: Rs 1 lakh lump sum investment has grown to Rs 2.84 lakh-3.50 lakh in 5 years; see list
Top 5 SBI Mutual Funds by Lump Sum Investment Return: Over the years, SBI Mutual Fund—the country’s largest fund house by assets under management (AUM)—has delivered several benchmark-beating mutual fund schemes to the domestic mutual fund industry. Here are some of the fund house’s top-performing schemes across fund categories by one-time investment returns.
Five such schemes have rewarded investors with annualised returns to the tune of 23-28.5 per cent in 5 years, turning Rs 1 lakh one-time investments into approximately Rs 2.84 lakh-3.50 lakh in 5 years, as of February 19, AMFI data shows.
Let’s learn about these mutual fund schemes in detail, comparing their lump sum and SIP returns:
Top 5 SBI Mutual Fund Schemes by One-time Investment Returns
At the top of the list is SBI Contra Fund, with an annualised 28.51 per cent return in 5 years. This contra fund is followed by SBI Healthcare Opportunities Fund (25.82 per cent), SBI Technology Opportunities Fund (25.47 per cent), SBI Magnum Midcap Fund (23.73 per cent), and SBI Infrastructure Fund (23.18 per cent).
The five funds have easily outperformed their benchmarks’ returns of 17-23.7 per cent during this period.