You do not have to invest all of your money in mutual funds, however, simply because of the fact that you do not have to do so. As you might imagine, a mutual fund is a unique financial instrument because, despite its title.
You might think it's a simple investment vehicle, but this investment vehicle actually attracts capital from a wide array of individual investors at the same time.
As a result, they use the funds raised to spread around the business and invest those funds into various forms of securities, such as stocks, bonds, money market instruments, and various other investments, which help fund and expand the business.
By managing the fund's assets, mutual fund managers attempt to earn income for the fund's investors by allocating the fund's assets, developing strategic plans for the fund, and also attempting to generate capital gains for the fund's investors.
In order for a mutual fund's portfolio to meet the investment objectives as stated in its prospectus, it is structured and maintained in accordance with these objectives.
To help you get started, a list of 15 best SBI mutual fund has been provided for you.
15 Best SBI Mutual Fund (2022)
1. SBI Small Cap funds direct growth
Fund Performance: In the past three years, the SBI Small Cap Fund has produced an annualised return of 24.95 %. In the last five years, it has delivered an annualised return of 19 .43 %.
As a member of the SBI Mutual Funds' Equity category, the SBI Small Cap Fund fits into this category.
1 Year Return: 11.5%
Investment Amount: Amount of Rs. 5,000 is required for investing in SBI Small Cap Fund by way of lump-sum investing, and if you plan on investing via SIP, you will need an amount of Rs. 500. This is best SBI mutual fund for SIP.
2. SBI Bluechip direct plan growth
Fund Performance: For the past three years, the SBI Bluechip Fund has given returns of 12.41 % annualised and for the past five years, it has given returns of 11.2 %. This comes in one of the top SBI Mutual Fund.
Listed under the Equity category of the Mutual Funds of SBI group, SBI Bluechip Fund belongs to the Equity category.
1 Year Return: 6.6%
Investment Amount: Amount of Rs. 5,000 is required for investing in SBI Small Cap Fund by way of lump-sum investing, and if you plan on investing via SIP, you will need an amount of Rs. 500.
3. SBI Flagship fund direct growth
Fund Performance: In the past three years, the SBI Flexicap Fund has generated an annualised return of 12.63 % and in the past five years, an annualised return of 11.92%. There is a SBI Flexi Cap Fund, which is a Mutual Fund that is part of the Equity sector of SBI Mutual Funds.
1 Year Return: 6.29%
Investment Amount: Investing in SBI Flexi Cap Fund via lump sum requires an investment of 1,000 rupees whereas investing in SIPs requires an investment of 500 rupees.
4. SBI Banking & Financial Service funds direct growth
Fund Performance: Over the last five years, the SBI Banking & Financial Services Fund has given annualised returns of 7.2%, and over the last three years, it has given annualised returns of 12.33%. Funds in the SBI Banking & Financial Services category of the SBI Mutual Funds portfolio belong to the Equity category.
1 Year Return: -1.6%
Investment Amount: SBI Banking & Financial Services Fund requires that an investor invest at least Rs. 5,000 in a lump sum or Rs.500 in recurring instalments, at least once a year.
5. SBI Focused Equity Fund Direct Plan-Growth
Fund Performance: In the past three years, the SBI Focused Equity Fund has generated an annualised return of 14.5%. In the past five years, it has generated an annualised return of 15.56 per cent.
This fund falls under the Equity category of SBI Mutual Funds, part of the SBI Focused Equity segment
1 Year Return: 8.2%
Investment Amount: In order to put money in the SBI Focused Equity Fund, a lump sum investment amount of Rs. 5,000 and a regular investment amount of Rs. 500 is required.
6. SBI Equity hybrid fund direct plan growth
Fund Performance: For the last three years and for the last five years, the SBI Equity Hybrid Fund has yielded an annualised return of 12.59 percent. In line with SBI Mutual Funds' Hybrid category, the SBI Equity Hybrid Fund belongs to this category.
1 Year Return: 7.9%
Investment Amount: SBI Equity Hybrid Fund requires a minimum investment amount of Rs. 1,000 by way of lump sum, and Rs. 500 by way of monthly investment plan.
7. SBI Nifty index direct plan growth
Fund Performance: For the last three years, the returns earned by investment in Index Fund of the SBI have been 11.81 percent and for the last five years they have been 12.11 percent.
In the category of Other Mutual Funds offered by SBI Mutual Funds, SBI Nifty Index Fund is one of the funds.
1 Year Return: 7.8%
Investment Amount: To invest in SBI Nifty Index Fund, you need to pay a minimum of Rs. 5,000 via lump sum and a minimum of Rs. 500 by monthly instalments.
8. SBI technology opportunities fund direct growth
Fund Performance: In the past three years, SBI Technology Opportunities Fund has generated an annualised return of 28.02 percent, and in the past five years, 24.86%.
There are two types of funds offered by SBI Mutual Funds namely the Technology Opportunities Fund and the Debt Fund.
1 Year Return: 13.7%
Investment Amount: A maximum of 5,000 rupees can be invested by lump sum, and a maximum of 500 rupees can be invested through a systematic investment plan.
9. SBI gold direct plan growth
Fund Performance: Over the past three years, SBI Gold Fund has generated annualised returns of 16.61% while in the last five years, returns have been 11.3%. Within the Other category of SBI Mutual Funds, the SBI Gold Fund comes under.
1 Year Return: 4.6%
Investment Amount: There is a minimum investment requirement of Rs. 5,000 if one wishes to invest in the paying a lump sum to the SBI Consumption Opportunity Fund, and a minimum investment requirement of Rs. 500 if one wishes to invest via SIP.
10. SBI Consumption opportunities fund direct growth
Fund Performance: During the past three years, the SBI Consumption Opportunities Fund received an annualised return of 17.86%, while in the past five years, the fund delivered annualised returns of 14.23%.
A SBI Consumption Opportunities Fund is part of a group of SBI Mutual Funds that are devoted to equity funds.
1 Year Return: 19.6%
Investment Amount: SBI Consumption Opportunities Fund requires an initial investment of at least Rs. 5,000 in a lump sum and at least Rs. 500 through a Systematic Investment Plan.
11. SBI Magnum ultra-short duration fund direct growth
Fund Performance: In the last three years, the SBI Magnum Ultra Short Duration Fund had provided 5.17% annualised returns while in the last five years it generated 6.19% annualised returns.
A mutual fund that is part of the Debt fund category of the SBI Mutual Funds group, is the SBI Magnum Ultra Short Duration Fund.
1 Year Return: 3.4%
Investment Amount: SBI Magnum Ultra Short Duration Fund requires an initial investment of at least Rs. 5,000 in lump sum and at least Rs. 500 through a Systematic Investment Plan.
12. SBI magnum mid-cap direct plan growth
Fund Performance: In the past three years, the SBI Magnum Mid Cap Fund has produced annualised returns of 22.09%, and in the last five years, it has provided annualised returns of 12.75%. This is one of the best performing SBI Mutual Funds.
There are several equity mutual funds in the SBI Mutual Funds portfolio of which the SBI Magnum Mid Cap Fund is one of them.
1 Year Return: 16.2%
Investment Amount: SBI magnum mid-cap direct plan growth Fund requires an initial investment of at least Rs. 5,000 in lump sum and at least Rs. 500 through a Systematic Investment Plan.
13. SBI magnum medium duration fund direct growth
Fund Performance: In the past three years, the SBI Magnum Medium Duration Fund has delivered an annualised return of 7.98% and in the past five years, it has delivered an annualised return of 7.91%.
In the debt category of SBI Mutual Funds, SBI Magnum Medium Duration Fund is a fund that specialises in holding debt instruments.
1 Year Return: 3.0%
Investment Amount: SBI magnum medium duration fund direct growth requires an initial investment of at least Rs. 5,000 in lump sum and at least Rs. 500 through a Systematic Investment Plan.
14. SBI Conservative Hybrid fund direct growth
Fund Performance: During the past three years, this Conservative Hybrid Fund is managed by SBI Capital Management delivered an annualised return of 10.3% and in the last five years, an annualised return of 8.11%.
The SBI Conservative Hybrid Fund falls into there are two categories of hybrid funds in the SBI mutual fund lineup: Conservative Hybrid Fund and Balanced Hybrid Fund.
1 Year Return: 7.2%
Investment Amount: SBI Conservative Hybrid Fund direct growth requires an initial investment of at least Rs. 5,000 in lump sum and at least Rs. 500 through a Systematic Investment Plan.
15. SBI Magnum Gilt fund direct growth
Fund Performance: In the past three years, the SBI Magnum Gilt Fund has given an annualised return of 8.12% and in the last five years, it has given an annualised return of 7.21%. SBI Magnum Gilt Fund is a mutual fund from the SBI Mutual Funds Debt category.
1 Year Return: 2.3%
Investment Amount: SBI Magnum Gilt fund direct growth requires an initial investment of at least Rs. 5,000 in lump sum and at least Rs. 500 through a Systematic Investment Plan.
Conclusion
While SBI Mutual Fund, Equity and Debt schemes have performed fairly well despite reduced NAVs, value additions, and increases in expense and management ratios.
The SBI magnum global funds, midcap funds, tax advantage funds, income funds, and monthly income plans are among the top performers among the many investment schemes available from the company.
Among the SBI magnum global funds, three SBI midcap funds, and three SBI tax-advantage funds, each of those funds have become the frontrunners of their respective markets, and are gaining a significant amount of ground on their competitors.
Stock market volatility has also greatly influenced the performance of these schemes over the period under study.
Frequently Asked Questions
Q1. Which is SBI best mutual fund ?
Ans. The SBI mutual fund will give you the option of gaining capital appreciation, both in the event of investments with low risk and also in the event of investments with high risk, depending on the fund you want to put money in.
SBI Mutual Fund Schemes are one of the most trusted and reliable mutual fund schemes in the country, since they offer a high degree of safety.
Q2. What is the benefit of a mutual fund of SBI?
Ans. It is important to note that mutual funds can bring substantial benefits to the investor. An investment process is likely to have several advantages associated with it, such as the possibility of generating high returns.
The expertise of a fund's management team, tax benefits, diversification advantages, and liquidity. A parent can choose their child's risk tolerance, return expectations, and other factors based on their risk tolerance, return expectations, and other factors.
Q3. Which SBI Mutual Fund is best for good returns?
Ans.SBI Magnum MidCap Fund provides some of the best returns. It ranges to 16.2%, but has a really high risk. You have to take the risk and reward ratio in mind before investing your money and diversifying for best returns.
Q4. Which SIP is best in SBI?
Ans. It is a wise decision to invest regularly in the stock market. At any moment, you may decide to establish a Systematic Investment Plan (SIP). It would be beneficial to do so as soon as possible.
Please choose the mutual fund scheme that best suits your needs and start investing immediately. You can fill out the application form online, and bring it to the branch nearest you with the mentioned documents, and we will see to it that all your needs are met.
I hope you liked our article on best SBI Mutual Fund , if you have any comments or suggestions do share them in the comments below.