Money Earning Scheme: Invest in THESE SBI Mutual Funds Schemes to get Strong Profit- Check Return Calculator Here
Best 3 SBI Mutual Funds
The mutual funds with the highest returns over the past five years have been SBI Small Cap Fund Direct-Growth, SBI Contra Fund, and SBI Technology Opportunities Fund. The annualised returns from these mutual funds have reached 23 percent. All of these growth option plans are direct plans.
SBI Technology Opportunities Fund
By investing in a diverse portfolio of equities and equity-related securities in technology and technology-related companies, SBI Technologies Opportunities Fund offers investors long-term capital appreciation.
Five years ago, if you had put Rs 12,000 per month into the SBI Technologies Opportunities Fund, you would have gotten an 84.47 percent return. You would end up with a corpus of Rs 13.3 lakhs for a total investment of Rs 7.2 lakh spread over 5 years.
SBI Contra Fund
Through active investment management and a contrarian investment approach, SBI Contra Mutual Fund, an equity mutual fund programme, provides investors with long-term capital appreciation.
SBI Contra Fund had absolute returns of 95.16 percent and annualised returns of 14.3 percent over a five-year period. The annualised return is higher than both the benchmark return of 11.69 percent and the category average of 13.85 percent.
The current net asset value of the company is Rs 241.69 crore. Five years ago, if you had put Rs 12,000 per month into the SBI Contra Fund, you would have gotten a return of 79.31 percent. You would end up with a corpus of Rs 12.9 lakh for a total investment of Rs 7.2 lakh spread over 5 years.
SBI Small Cap Fund
SBI Small Cap Fund is a mutual fund strategy that invests primarily in a well-diversified pool of equity stocks of small cap firms, giving investors prospects for long-term capital growth.
SBI Small Cap Fund had absolute returns of 84.28 percent and annualised returns of 14.29 percent over the course of five years. The annualised return is higher than both the benchmark return of 7.57 percent and the 13.65 percent category average return. Its present net asset value of it is Rs 124.7.
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