An intelligent way to grow your money is to invest in mutual funds, and SBI Mutual Fund has a variety of plans that can cater to different investing goals. The best 5 SBI mutual funds are discussed here, focusing on their performance and features to help you make informed decisions.
1.The SBI Small Cap Fund:
The objective of this SBI mutual fund is to invest in small-cap companies with a lot of scope for growth.
Performance:
Three-Year Annualized Returns: 17.42%
Five-Year Annualized Returns: 33.75%
Investment Details:
The minimum lump sum investment is ₹5,000.
The minimum SIP investment is ₹500.
Risk Profile: High. Suitable for high-risk investors seeking long-term large gains.
2.SBI Blue chip fund:
The Objective of SBI mutual fund aims at steady and long-term returns through investment mostly in large-cap companies with a successful history.
Performance:
Three-Year Annualized Returns: 14.55%
Five-Year Annualized Returns: 25.66%
Investment Details:
Minimum lump sum investment of ₹5,000.
Minimum SIP investment of ₹500.
Risk profile of moderate. Ideal for those who desire relatively risky returns that are comparatively stable.
3.SBI Flexi Cap Fund:
By investing in companies with various market capitalizations, the SBI mutual fund offers the ability to capitalize on opportunities in the market.
Performance:
Three-Year Annualized Returns: 11.81%
Five-Year Annualized Returns: 25.64%
Investment Details:
Minimum lump sum investment is ₹1,000.
Minimum SIP investment is ₹500.
Risk Profile: Moderate to High. suitable for investors who have a greater risk appetite and want to have diversified exposure.
4.SBI Banking & Financial Service Fund:
The goal of this sector fund is to profit from the expansion of the banking and financial services industry by investing in these sectors.
Performance:
Three Years Annualized Returns: 20.16%
Five-years Annualized Returns: 26.46%
Investment Specifics:
₹5,000 is the minimum lump sum investment.
₹500 is the minimum SIP investment.
Profile of Risk: High. Perfect for investors that have a strong belief in the expansion of the banking industry and a high risk tolerance.
5.SBI Focus Equity Fund:
The objective of this SBI mutual fund is to invest in a focused portfolio of equity and equity-related securities of up to 30 companies with a mix of market capitalizations.
Performance:
Three-Year Annualized Returns: 13.67%
Five-Year Annualized Returns: 25.46%
Investment Details:
Minimum lumpsum investment is ₹5,000.
Minimum SIP investment is ₹500.
Moderately to highly risky. Suitable for those investors who are willing to absorb more risk for potentially larger rewards through a concentrated investment approach.
Conclusion
SBI Mutual Fund offers a diverse range of schemes catering to various investment objectives and risk appetites. When selecting a mutual fund, consider factors such as your financial goals, investment horizon, and risk tolerance. It’s advisable to consult with a financial advisor to ensure that your investment choices align with your overall financial plan.
Note: The performance data mentioned is based on past records and does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing.
