There are many schemes of SBI Mutual Fund, which have proved to be return machines for the investors. Looking at the 10-year return chart, lump sum investors have got up to 9 times returns here.
SBI Best Mutual Fund Scheme: There are many fund houses in the market, which are offering mutual fund schemes. There is also an SBI Mutual Fund in these, which is the mutual fund arm of the country’s largest public sector bank State Bank of India (SBI). SBI Mutual Fund is offering schemes for investors in various categories considering their age, risk profile and requirement.
Whether largecap, midcap, smallcap or sectoral fund, there is an option for investors in every category. It is one of the oldest mutual funds in the country, some of whose schemes are 20 years old or more. There are many schemes of SBI Mutual Fund, which have proved to be return machines for the investors.
Looking at the 10-year return chart, lump sum investors have got up to 9 times returns here. In these, those doing SIP have also been successful in raising huge funds. Here we have listed the best 5 schemes based on their 10-year performance.
SBI Small Cap Fund
SBI Small Cap Fund is the highest returning scheme of SBI Mutual Fund in the last 10 years. It has given 25% CAGR returns in 10 years. Here a lump sum investment of 1 lakh became 9 lakhs in 10 years. On the other hand, those who did a monthly SIP of Rs 5000 during this period, got a fund of 22.5 lakhs.
In this scheme, at least Rs 5000 lump sum and SIP of at least Rs 500 can be done. The total assets of the fund stood at Rs 11,288 crore as on January 31, 2022, while the expense ratio as on December 31, 2021 was 1.73 per cent.
SBI Tech Opportunities Fund
10 Year Returns: 20% CAGR
SBI Tech Opportunities Fund has given 20% CAGR returns in 10 years. Here a lump sum investment of 1 lakh became 6.35 lakhs in 10 years. On the other hand, those who did a monthly SIP of Rs 5000 during this period, got a fund of Rs 20 lakh.
In this scheme, at least Rs 5000 lump sum and SIP of at least Rs 500 can be done. The fund had total assets of Rs 2,313 crore as on January 31, 2022, while the expense ratio as on December 31, 2021 was 2.23 per cent.
SBI Magnum Midcap Fund
10 Year Returns: 20% CAGR
SBI Magnum Midcap Fund scheme has also proved to be a return machine for the investors. The fund has given 20% CAGR returns in 10 years. Here a lump sum investment of 1 lakh became 6.16 lakhs in 10 years. On the other hand, those who did a monthly SIP of Rs 5000 during this period, got a fund of Rs 16.5 lakh.
In this scheme, at least Rs 5000 lump sum and SIP of at least Rs 500 can be done. The total assets of the fund stood at Rs 6,859 crore as on January 31, 2022, while the expense ratio as on December 31, 2021 was 1.94 per cent.
SBI Focused Equity Fund
10 Year Returns: 18% CAGR
SBI Tech Opportunities Fund has given 18% CAGR returns in 10 years. Here a lump sum investment of 1 lakh became 5.28 lakhs in 10 years. On the other hand, those who did a monthly SIP of Rs 5000 during this period, got a fund of Rs 15.5 lakh.
In this scheme, at least Rs 5000 lump sum and SIP of at least Rs 500 can be done. The total assets of the fund stood at Rs 23,186 crore as on January 31, 2022, while the expense ratio as on December 31, 2021 was 1.92 per cent.
SBI Consumption Opportunities Fund
10 Year Return: 17.87% CAGR
SBI Consumption Opportunities Fund is also included in the top 5 in terms of giving top returns in 10 years of SBI Mutual Fund. It has given 17.87% CAGR returns in 10 years. Here a lump sum investment of 1 lakh became 5.18 lakhs in 10 years. On the other hand, those who did a monthly SIP of Rs 5000 during this period, got a fund of Rs 14 lakh.
In this scheme, at least Rs 5000 lump sum and SIP of at least Rs 500 can be done. The fund’s total assets as on January 31, 2022 were Rs 892 crore, while the expense ratio as on December 31, 2021 was 2.44 per cent.
