Top News

SBI Mutual Fund | SBI Mutual Fund's great plan, investors are becoming rich, no chance
News Update | March 6, 2025 4:24 PM CST

SBI Mutual Fund Many mutual fund schemes have enriched investors for long -term investment. These include SBI Mutual Fund's SBI Banking and Financial Services Fund. This scheme has completed 10 years. The performance of this scheme has been excellent since the beginning. During this period, the direct scheme of the scheme has given a return of 14.94%. The regular plan has given a return of 13.73%.

SBI Banking and Financial Services Fund
The Fund Scheme of SBI Banking and Financial Services was launched on 26 February 2015. You can guess the returns of this scheme from the fact that if you had started an SIP of Rs 10,000 per month on the launch of the scheme, then today your money would have been Rs 27.67 lakh. This is a CAGR return of 15.98%. SBI Mutual Fund has given this information.

Investor rice
If you had invested a one -time one lakh rupees at the time of the launch of the SBI Banking and Financial Services Services, then your money in your direct plan would have been Rs 4.03 lakh. In a regular plan, your return will be Rs 3.62 lakh. Its return was 14.26% CAGR in the last five years. In comparison, the benchmark Nifty Financial Services TRI gave a return of 12.62%.

AUM 6,481 crores
The fund has given a return of 15.71% in the last three years, which is much higher than the return of 10.22% of the benchmark. Last year, the fund gave a return of 14.82%, which exceeds the benchmark's 14.38% return. As of January 31, 2025, properties under the management of funds were Rs 6,481 crore. The fund manager of this fund is Milind Aggarwal. Fund invests in shares of banking and financial services companies.


READ NEXT
Cancel OK