SBI Mutual Fund | This SBI scheme is Kuber's treasure, you will get crores of returns on investment, invest money here
SBI Mutual Fund SBI Mutual Fund is India's largest mutual fund house with assets under management (AUM) worth Rs 11,34,051 crore. It runs 72 primary schemes, of which 37 are equity funds, 22 debt schemes and 2 other funds. It runs some of the oldest mutual fund schemes in India, some of which have consistently performed tremendously. Many of these have increased investors' wealth manifold. In this article, we take you through the top SBI mutual fund schemes in terms of highest SIP returns in 20 years. Also know in which scheme the monthly SIP investment has turned into lakhs in that period.
SBI PSU Direct Plan – Growth
* NAV – Rs 35.5657 * Fund size: Rs 4,851.11 crore * Expense ratio: 0.72% * 5 year SIP return: 39.5%
Got a return of Rs 15.66 lakh on investment
With this rate of annual return, a SIP that started at Rs 10,000 per month five years ago would have now turned into Rs 15.66 lakh.
SBI Infrastructure Fund Direct-Growth
* NAV – Rs 58.71 * Fund size: Rs 4,790.48 crore * Expense ratio: 1% * 5 year SIP return: 37.52%
Got a return of Rs 14.96 lakh on investment
At this rate of annual return, the SIP of this fund, which started at Rs 10,000 per month five years ago, would now have become Rs 14.96 lakh.
SBI Contra Direct Plan-Growth
* NAV: Rs 431.49 * Fund size: Rs 39,432.5 crore * Expense ratio: 0.57% * 5 year SIP return: 36.82%
Got a return of Rs 14.72 lakh on investment
With this growth rate, a monthly SIP of Rs 10,000 would now be Rs 14.72 lakh.
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