Best SBI Mutual Funds That Have Offered Attractive Returns in 5 Years
The mutual fund industry has been witnessing rapid growth since its establishment in 1963. SBI Mutual Fund, a well-known fund, has the largest assets under management (AUM) of Rs.11,16,708 crore. It was set up on June 29, 1987 and was incorporated on February 7, 1992. The SBI Mutual Fund was formed through a joint venture between the State Bank of India and Amundi, which is a French asset management company. The fund house has 124 schemes in equity, hybrid, and debt funds, and some of the schemes have passed two decades. Let’s take a look at the best performers under this scheme that have offered a good return in 5 years.
1. SBI Long Term Equity Fund
- Net Asset Value (NAV): Rs.415.42
- Assets Under Management (AUM): Rs.27,306 crore
- Annualised SIP Return (5 Years): 23.21%
- Benchmark: BSE 500 TRI
- Annualised Return Since Launch (Jan 2013): 16.05%
- Expense ratio: 0.95%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 for 5 years would have become around Rs.14.19 lakh now.
2. SBI PSU Fund
- Net Asset Value (NAV): Rs.29.07
- Assets Under Management (AUM): Rs.4,543 crore
- Annualised SIP Return (5 Years): 27.12%
- Benchmark: BSE PSU TRI
- Annualised Return Since Launch (Jan 2013): 10.69%
- Expense ratio: 0.79%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 would have become around Rs.15.58 lakh over the period of 5 years.
3. SBI Healthcare Opportunities Fund Direct Plan-Growth
- Net Asset Value (NAV): Rs.436.68
- Assets Under Management (AUM): Rs.3,522 crore
- Annualised SIP Return (5 Years): 22.17%
- Benchmark: BSE Healthcare TRI
- Annualised Return Since Launch (Jan 2013): 17.68%
- Expense ratio: 0.9%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 would have become around Rs.13.84 lakh over the period of 5 years.
4. SBI Technology Opportunities Fund Direct-Growth
- Net Asset Value (NAV): Rs.226.7431
- Assets Under Management (AUM): Rs.4,573 crore
- Annualised SIP Return (5 Years): 20.01%
- Benchmark: BSE Teck TRI
- Annualised Return Since Launch (Jan 2013): 20.71%
- Expense ratio: 0.85%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 would have become Rs.13.14 lakh over the period of 5 years.
5. SBI Contra Fund
- Net Asset Value (NAV): Rs.371.65
- Assets Under Management (AUM): Rs.41,634 crore
- Annualised SIP Return (5 Years): 24.44%
- Benchmark: BSE 500 TRI
- Annualised Return Since Launch (Jan 2013): 16.23%
- Expense ratio: 0.6%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 would have become around Rs.14.92 lakh over the period of 5 years.
6. SBI Magnum Mid Cap Direct Plan-Growth
- Net Asset Value (NAV): Rs.229.45
- Assets Under Management (AUM): Rs.21,177 crore
- Annualised SIP Return (5 Years): 20.49%
- Benchmark: NIFTY Midcap 150 TRI
- Annualised Return Since Launch (Jan 2013): 18.86%
- Expense ratio: 0.82%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 would have become Rs.13.29 lakh over the period of 5 years.
7. SBI Infrastructure Fund
- Net Asset Value (NAV): Rs.45.71
- Assets Under Management (AUM): Rs.4,867 crore
- Annualised SIP Return (5 Years): 22.74%
- Benchmark: NIFTY Infrastructure TRI
- Annualised Return Since Launch (Jan 2013): 14.65%
- Expense ratio: 0.84%
- Minimum SIP investment: Rs.500
- Minimum lump sum investment: Rs.5000
A monthly SIP of Rs.13,333 for 5 years would have become around Rs.14.04 lakh now.
