5 Top Performing Schemes From SBI Mutual Fund

SBI Mutual Fund is one of the largest asset management companies in India, it was establised in 29 June 1987. It manages assets worth Rs 7.22 lakh crore (December 2022, as per AMFI). It is a joint venture between SBI and AMUNDI (France), one of the world's leading fund management companies. SBI currently holds 63% stake in SBIFML and the 37% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding.

SBI MF is the first fund house to launch India's first contra fund SBI Contra Fund and ESG Fund. Today it offers a wide range of mutual fund schemes across equity, debt, hybrid, and other categories, including ETFs, and index funds.

Recently we intercepted top 5 performing equity schemes from SBI Mutual Fund. These schemes have given annualised returns above 25% in 3-years.

Scheme Name	3-month	6-month	1-year	3-year	5-year
SBI Contra Fund	-1.23	3.04%	21.50%	36.56%	15.86
SBI Technology Opportunities Fund	0.06	7.47	-2.99	32.04	21.83
SBI Small Cap Fund	-4.63	-4.31	14.53	29.94	15.86
SBI Magnum Midcap Fund	-1.25	-5.01	14.72	29.44	14.17
SBI Infrastructure Fund	-0.85	1.76	18.92	26.77	13.46

All the funds considered are growth direct plans and the returns are taken from ValueResearch.

SBI Contra Fund

Its a diversified equity scheme which holds investments in equity (90.74%), debt (6.57%), and cash and cash equivalents (2.69%). Top 3 sector holdings are financial (23.37%), energy(16.59%) and technology (6.64%), with Gail, ICICI Bank and HDFC bank as the top 3 stock holdings with highest weight in the portfolio. It has extreme high risk and Valueresearch has given a 5-star rating.

SBI Technology Opportunities Fund

It is thematic equity scheme which holds investments in equity (96.98%), and cash and cash equivalents (3.02%). Top 3 sector holdings are technology (62.99), services (12.37%) and communication(9.53%), with Infosys, Tata Consultancy and Bharti Airtel as the top 3 stock holdings with highest weight in the portfolio. It has extreme high risk and Valueresearch has not given any rating.

SBI Small Cap Fund

It is a small cap equity scheme which holds investments in equity (94.88%), and cash and cash equivalents (5.12%). Top 3 sector holdings are services (15.9%), consumer discretionary (14.63%) and capital goods (13.62%), with Blue star, Carborundrum Universal and Kalpaturu Power transmission as the top 3 stock holdings with highest weight in the portfolio. It has very high risk and Valueresearch has given a 4-star rating.

SBI Magnum Midcap Fund

It is a mid cap equity scheme which holds investments in equity (97.96%), debt (0.12%), and cash and cash equivalents (1.92%). Top 3 sector holdings are automobile (16.75%), capital Goods (12.84%) and financials (9.94%), with Crisil, Tube Investments of India and Gail as the top 3 stock holdings with highest weight in the portfolio. It has very high risk and Valueresearch has given a 4-star rating.

SBI Infrastrcuture Fund

It is also a thematic equity scheme which holds investments in equity (97.06%), and cash and cash equivalents (2.94%) only. Top 3 sector holdings are energy(18.36%), constructions (14.85%) and metals & mining (14.26%), with Reliance, Bharti Airtel and Larsen & Toubro as the top 3 stock holdings with highest weight in the portfolio. It has very high risk and Valueresearch has given a 4-star rating.

Disclaimer

Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.