If you look at the return chart of SBI Mutual Fund Scheme, there are many funds that have made investors rich in the long term.
SBI Mutual Funds Best Schemes: The country’s largest government bank SBI also has its own mutual fund business. This asset management company by the name of SBI Mutual Fund offers schemes in different categories to the investors. If you look at the return chart of SBI Mutual Fund Scheme, there are many funds that have made investors rich in the long term. If you look at the returns of the last 20 years, then the investors who invested Rs 5000 every month in the schemes of SBI through Systematic Investment Plan ie SIP, they got a maximum return of 19.4% CAGR. On this basis, the value of his SIP became Rs 1.14 crore in 20 years. Here we have selected 5 such schemes of SBI Mutual Fund, which have given the highest SIP returns in 20 years.
SBI Consumption Opportunities Fund
20 Year SIP Return: 19.4% CAGR
Value of Rs 5000 Monthly SIP in 20 years: 1.14 crores
Minimum investment: Rs 5000
Minimum SIP: Rs 500
Total Assets: 953 Crore (April 30, 2022)
Expense Ratio: 2.51% (April 30, 2022)
SBI Magnum Global Fund
20 Year SIP Return: 19% CAGR
Value of Rs 5000 Monthly SIP in 20 years: 1.08 crores
Minimum investment: Rs 5000
Minimum SIP: Rs 500
Total Assets: 4953 Crore (April 30, 2022)
Expense Ratio: 2.03% (April 30, 2022)
SBI Large & Midcap Fund
20 Year SIP Return: 18.28% CAGR
Value of Rs 5000 Monthly SIP in 20 years: 1 crore
Minimum investment: Rs 5000
Minimum SIP: Rs 500
Total Assets: 6599 crore (April 30, 2022)
Expense Ratio: 2.08% (April 30, 2022)
SBI Contra Fund
20 Year SIP Return: 17.55% CAGR
Value of Rs 5000 Monthly SIP in 20 years: Rs 91 lakh
Minimum investment: Rs 5000
Minimum SIP: Rs 500
Total Assets: 4491 crore (April 30, 2022)
Expense Ratio: 2.10% (April 30, 2022)
SBI Technology Opportunities Fund
20 Year SIP Return: 17.44% CAGR
Value of Rs 5000 Monthly SIP in 20 years: Rs 91 lakh
Minimum investment: Rs 5000
Minimum SIP: Rs 500
Total Assets: 2432 Crore (April 30, 2022)
Expense Ratio: 2.32% (April 30, 2022)
(Source: value research)
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