SBI Mutual Fund Top Schemes with High SIP Return: Many equity schemes of SBI Mutual Fund, one of the leading fund houses of the country, have given very attractive returns in the last 3 years on investments made through Systematic Investment Plan (SIP). Among these, there are at least 5 mutual fund schemes whose SIP returns in the last 3 years have been 27 to 35 percent. These schemes giving excellent returns include all types of funds, from PSU funds investing in government companies to Healthcare Opportunities Fund, Children’s Benefit Fund, Infrastructure Fund and Equity Linked Saving Scheme (ELSS). Among these, the annualized return of the scheme which gives the highest profit in 3 years on SIP is more than 35 percent.
SBI Mutual Fund scheme giving highest returns on SIP
Here we are giving information about those 5 equity funds of SBI Mutual Fund, which have given 27 percent or more returns on SIP in the last 3 years. Along with the name of each scheme, its SIP return figures for the last 3 years and the fund value of Rs 5,000 monthly SIP in 3 years are also given. All the figures are from the direct plans of these schemes.
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1. SBI PSU Fund – Direct
3 Year SIP Return (Annualized): 35.66%
Fund value of 5 thousand monthly SIP in 3 years: Rs 3,00,807
Asset Under Management (AUM): Rs 4,611.03 crore
2. SBI Healthcare Opportunities – Direct
3 Year SIP Return (Annualized): 33.85%
Fund value of 5 thousand monthly SIP in 3 years: Rs 2,90,772
Asset Under Management (AUM): Rs 3,564.87 crore
3. SBI Magnum Children’s Benefit Fund – Investment Plan – Direct
3 Year SIP Return (Annualized): 28.89%
Fund value of 5 thousand monthly SIP in 3 years: Rs 2,72,989
Asset Under Management (AUM): Rs 3,186.36 crore
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4. SBI Long Term Equity Fund (ELSS) – Direct
3 Year SIP Return (Annualized): 28.49%
Fund value of 5 thousand monthly SIP in 3 years: Rs 2,72,211
Asset Under Management (AUM): Rs 27,429.83 crore
5. SBI Infrastructure – Direct Plan
3 Year SIP Return (Annualized): 27.37%
Fund value of 5 thousand monthly SIP in 3 years: Rs 2,68,517
Asset Under Management (AUM): Rs 4,895.87 crore
(Source: AMFI, Value Research)
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you have any of these schemes SIP?
If you have invested in any of the above mentioned equity schemes of SBI Mutual Fund through SIP, then you must be getting its benefits. But if you have not done so yet and are thinking of investing in equity funds, then by getting information about these schemes you can reach a decision.
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Pay attention to these things before investing
The SIP return figures for the last 3 years of all these schemes of SBI Mutual Fund are excellent. But just looking at these figures is not enough to decide about investment. Before investing in any share or equity mutual fund, it is important to understand that there is market risk associated with them. However, by investing through SIP this risk reduces to some extent. It should also be kept in mind that the full benefit of investing in equity is available only by making regular investments for a long period. Therefore, only those people should invest in equity funds who want to make long term investments and have the ability to take market risk to get higher returns.
(Disclaimer: The purpose of this article is only to provide information and not to recommend investment in any scheme. The past returns of equity mutual funds cannot be considered as a guarantee of future performance. Any investment decision should be taken after getting complete information and Do this only after taking advice from a SEBI approved investment advisor.)
