Top 7 SBI Mutual Funds That Turned ₹25,000 into ₹17.73 Lakh in Just 3 Years!
Top 7 SBI SIP Mutual Fund With Highest SIP Returns: Investors looking for robust returns on their Systematic Investment Plans (SIPs) should take a look at the top SBI mutual funds that have delivered the best performance over the last three years. With 44 asset management companies operating in India, State Bank of India Mutual Fund stands out, managing an impressive asset base. The fund house offers 61 mutual fund schemes, including 37 equity funds, 22 debt funds, 11 hybrid funds, and 2 others. Here’s a look at the top 7 SBI mutual funds based on their SIP returns (XIRR) over three years, along with how a monthly investment of ₹25,000 has fared.
1. SBI PSU Direct Plan - Growth
This thematic fund has generated an impressive annualized SIP return of 49.53% over the past three years. With an asset under management (AUM) of ₹4,851 crore and a net asset value (NAV) of ₹35.36, it is benchmarked against the BSE PSU TRI. Since its inception in January 2013, it has provided a 12.98% annualized return. A ₹25,000 monthly SIP has turned into ₹17.73 lakh over three years.
2. SBI Infrastructure Fund - Direct Plan
The sector-specific SBI Infrastructure Fund has delivered annualized SIP returns of 47.57% in the same period. With an AUM of ₹4,790 crore and an NAV of ₹58.98, it is benchmarked against the NIFTY Infrastructure TRI and has achieved a 17.77% annualized return since January 2013. Investors contributing ₹25,000 monthly have seen their investment grow to ₹16.46 lakh in three years.
3. SBI Long Term Equity Fund - Direct Plan - Growth
As an Equity Linked Savings Scheme (ELSS), this fund has provided 40.30% annualized SIP returns over the last three years. It holds an AUM of ₹4,790 crore, with an NAV of ₹485.76, and is benchmarked against the BSE 500 TRI, yielding an 18.27% annualized return since its inception in January 2013. A ₹25,000 monthly SIP has grown to ₹15.8 lakh.
4. SBI Healthcare Opportunities Fund - Direct Plan - Growth
This sectoral fund has generated annualized SIP returns of 38.29% over three years. With an AUM of ₹3,203 crore and an NAV of ₹475.63, it is benchmarked against the BSE Healthcare TRI, yielding a 19.27% annualized return since its inception. A ₹25,000 monthly investment has grown to ₹15.39 lakh.
5. SBI Nifty Next 50 Index Fund - Direct - Growth
This index fund has delivered 36.65% annualized SIP returns over three years. It has an AUM of ₹1,311 crore and an NAV of ₹20.73, with a benchmark of NIFTY Next 50 TRI, achieving a 24.26% annualized return since April 2021. A ₹25,000 monthly SIP in this fund has appreciated to ₹15.07 lakh.
6. SBI Contra Direct Plan - Growth
The SBI Contra fund has yielded 36.47% annualized SIP returns over the past three years. With an AUM of ₹39,433 crore and an NAV of ₹434.26, it is benchmarked against BSE 500, providing an 18.45% annualized return since its inception. A monthly SIP of ₹25,000 has grown to ₹15.04 lakh.
7. SBI Consumption Opportunities Fund - Direct Growth
This thematic fund has achieved annualized SIP returns of 36.22% over three years. It holds an AUM of ₹2,854 crore with an NAV of ₹399.59, and is benchmarked against NIFTY India Consumption TRI, yielding a 19.42% annualized return since January 2013. A ₹25,000 monthly SIP has resulted in ₹14.99 lakh.
These mutual funds from SBI demonstrate strong performance and can be a solid choice for investors looking to grow their wealth through systematic investments. As always, potential investors should evaluate their risk tolerance and investment goals before making any decisions.
