Data released by the Association of Mutual Funds in India (AMFI) clearly shows that the size of the mutual fund industry is growing rapidly. According to recent data, the majority of new investments in mutual funds are coming in equity-related schemes. About 87% of individual investors have preferred to invest in equity-linked schemes.
In September 2024, the proportion of equity-oriented schemes in industry assets was 61%, up from 54.1% in September 2023. In this article, we will select the top five equity schemes of SBI Mutual Fund based on the returns of the last 10 years. Top 5 SBI Mutual Fund Schemes that have given the best returns in 10 years.
SBI Small Cap Fund
NAV: ₹203.88
Fund size: ₹34,217 crore (as on 30-Sep-2024)
Expense ratio: 0.66%
10-year return: 23.50%
10-year SIP return: 23.68%
₹10,000 per month SIP yields ₹42.85 lakh.
SBI Consumption Opportunities Fund
NAV: ₹370.57
Fund size: ₹3,101 crore
Expense ratio: 0.9%
10-year return: 18.13%
10-year SIP return: 20.64%
₹10,000 per month SIP yields ₹36.29 lakh.
SBI Magnum Midcap Fund
NAV: ₹261.64
Fund size: ₹22,338 crore
Expense ratio: 0.77%
10-year return: 18.01%
10-year SIP return: 20.2%
₹10,000 per month SIP yields ₹35.42 lakh.
SBI Technology Opportunities Fund
NAV: ₹236.23
Fund size: ₹4,435 crore
Expense ratio: 0.84%
10-year return: 17.75%
10-year SIP return: 21.83%
₹10,000 per month SIP yields ₹38.73 lakh.
SBI Infrastructure Fund
NAV: ₹54.84
Fund size: ₹5,071 crore
Expense ratio: 0.95%
10-year return: 17.70%
10-year SIP return: 21.77%
₹10,000 per month SIP turned into ₹38.61 lakh.
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