As India’s oldest and largest mutual fund company, investors are often attracted to SBI Mutual Fund plans. With over 30 years of experience in the market, SBI Mutual Funds has a broad investor base of over 5 million. The company offers numerous mutual fund programs to cater to all types of investors. Investing in these programs allows investors to plan for all their short, medium and long-term financial goals.
Some SBI Mutual Funds programs have the potential to generate excellent long-term returns. These funds were shortlisted based on several key parameters, including assets under management, net asset value, historical performance, peer group average returns, and other key parameters. Let’s see more precise information about these funds and why you should invest in them.
Why invest in SBI Mutual Funds?
Capital increase: Investing in SBI MF will increase capital for low- and high-risk investments, depending on your chosen fund.
Safety: SBI’s mutual fund program is one of the most trusted fund programs in the country. Various options: Investing in SBI Mutual Funds offers a wide range of opportunities. You can invest in the programs offered by SBI for the short, medium and long term.
Excellent reviews: Many SBI equity programs have a CRISIL rating of 3 or higher.
Domestic and international money management: The company has expertise in managing domestic and offshore funds.
Tax incentives: Using the SBI investment trust makes it easier to save tax. We offer stock-linked savings schemes for investors to save taxes.
NRI investment: The company also allows NRI to invest in mutual funds. See below for more information.
Top SBI Mutual Funds to Invest In 2023
1. SBI Dynamic Asset Allocation Fund:-Â The purpose of this fund is to provide investors with the opportunity to invest in a combined portfolio of equities, equity-related securities and bonds. Allocations between fixed-income and equity instruments are dynamically managed, providing investors with long-term capital growth.
- Launch Date:- 03/26/2015
- Net Asset Value:- Rs 15.9463
- Net Worth (Cr):- Rs 655 Crores
- Category Hybrid – Dynamic Allocation
- AMC’- SBI Funds Management Private Limited
- Minimum Investment:- 5,000 Rupees
- Minimum SIP Investment:- 500 Rupees
ReturnsÂ
1 Month:- 1%
3 Month:- 3.9%
6 Month:- 6.2%
1 Year :- 25.1%.
2. SBI Infrastructure Fund:-Â The SBI Infrastructure Fund provides investors with long-term investment opportunities through active management of investments in a diversified equity basket of companies directly or indirectly involved in infrastructure growth in the Indian economy and through debt and money market instruments. Provide significant capital growth opportunities.
- Launch Date:- 06/07/3007
- Net Asset Value:- Rs 29.9127
- Net Worth (Cr):- Rs 977 Crores
- Category:- Equity – Sectoral
- AMC’- SBI Funds Management Private Limited
- Minimum Investment:- 5,000 Rupees
- Minimum SIP Investment:- 500 Rupees
ReturnsÂ
1 Month:- 4.5%
3 Month:- 9.4%
6 Month:- 6.1%
1 Year:- 22.5%
3. SBI PSU Fund:-Â The purpose of this plan is to create long-term capital growth opportunities along with the liquidity of open-ended funds through active management of investments in domestic public sector companies and a diverse equity basket of bonds and bonds. To provide to investors. Money market instruments issued by a PSU and issued to others.
- Launch Date:- 07/07/2010
- Net Asset Value:- Rs 16.0408
- Net Worth (Cr):- Rs 557 Crores
- Category:- Equity – Sectoral
- AMC:- SBI Funds Management Private Limited
- Minimum Investment:- 5,000 Rupees
- Minimum SIP Investment:- 500 Rupees
 ReturnsÂ
1 Month:- -1.3%
3 Month:- 6.1%
6 Month :- -1.8%
1 Year:- 22.2%
ConclusionÂ
Depending on the underlying assets, there are different types of mutual funds, such as stock funds, ELSS, focus funds and sector funds. So, if you are wondering which SBI mutual fund is the best for you, the answer depends on many factors, such as your investment goals. , risk appetite and return expectations. Do you want to build wealth for the long term? You can also consider stock mutual funds.
If you want to benefit from attractive returns and tax incentives, ELSS or Equity Linked Savings Scheme may be the right choice. Before investing in mutual funds, compare the competition with other fund companies and choose the best one.
