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3 SBI Mutual Fund SIPs That Have Reaped The Best Return In Last 5 Years
Investors can take on to mutual fund schemes via the SIP route regardless of the market conditions as they in future course of time, will certainly be able to find a opportunity to reduce their cost and benefit by more of units. Now here though past performance is always not a sole criteria to gauze and decide on investments be it any, here we will discuss 3 such mutual fund SIPs that have reaped the highest return in 5 years time.
Note SBI mutual fund has a broad portfolio across categories equity, debt, hybrid, solution-oriented and index funds and is said to have over 60 schemes.
1. SBI Technology Opportunities Fund:
This investment has reaped the highest return among the SBI funds taken for analysis for a 5-year time frame. The investment option with sectoral mandate as in here come with high risk and hence can fetch a higher return. This is a 22 year old plan and since inception has fetched a return of 16.46%. Benchmark of the scheme is S&P BSE Teck TRI and assets under the scheme are to the extent of just Rs. 1150, while its NAV as on September 3, 2021- 148.89.
Exoense ratio of the scheme is 2.36 percent and the SIP in the scheme can be started for Rs. 500. Top stocks in the fund's portfolio include technology giant companies such as Infosys, Alphabet, HCL, Tech Mahindra, TCS and L&T among others.
2. SBI Focused Equity:
This is a focused equity scheme that aims at providing long-term capital appreciation by investing in a concentrated portfolio of equity. The major portion of the equity schemes is targeted at large caps. This is an over 16 year old plan and since inception yielded return to the tune of 20.42%.
The fund's performance is measured against the benchmark S&P BSE 500 TRI. SIP in the fund can be started for Rs. 500.
Top holdings of the fund include Muthoot Finance, Alphabet Class A, HDFC Bank, Divi's Labs, P&G Hygiene etc.
3. SBI Magnum Equity ESG Fund:
This is again a thematic or sectoral fund from the stable of SBI Mutual fund. The fund commands a reasonable AUM of over Rs. 4000 crore. The fund's NAV as on September 3 is 162.93. Mutual fund risk-o-meter has again classified the fund to be moderately high on risk.
The fund is over 30 years old and is deemed suitable for goals like education and retirement. The scheme's investments are in companies with focus on ESG or Environmental, Social and Governance. SIP in the fund can be started for Rs. 500.
Top holdings of the fund include Infosys, HDFC Bank, ICICI Bank, TCS, L&T and Tata Motors among others.
3 SBI Funds That Have Yielded Good Returns In The Last 5 Years
| SBI Mutual fund | Rating | SIP Annualised return in the last 5 years | Value of Rs. 10000 monthly as of now started 5 years ago |
|---|---|---|---|
| SBI Technology Opportunities Fund | Unrated | 36.75% | Rs. 14.51 lakh |
| SBI Focused Equity | Value Research 4 star and CRISIL 4-star | 21.88% | Rs. 10.23 lakh |
| SBI Magnum Equity ESG Fund | CRISIL 1-Star rated | 19.57% | Rs. 9.68 lakh |
Disclaimer:
Note the SBI schemes mentioned here are just for information and an extensive analysis is not undertaken for the entire SBI portfolio schemes, but the given schemes over a tenure have performed considerably well. Further, the data has been collated just for informational use and should not be taken for investment advice in these schemes.
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