Top News

Funds like SBI PSU have tripled investors' wealth in five years…..
Sandy Verma | June 23, 2024 9:24 AM CST

In today's time, everyone is looking for the best fund for high returns. Today we are going to tell you about some such funds, which have been successful in giving the best returns in the last five years. The fund we are talking about now is SBI Mutual Fund, which has given the best returns in the last five years. Its PSU, Infrastructure, Contra and Mid-Cap funds have performed well in the last five years. Funds like SBI PSU have increased the wealth of investors almost three times in five years.

Here we have discussed about the top 4 SBI mutual funds and also explained how a SIP of Rs 20,000 has created a fund of Rs 33 lakh in a time frame of five years. This is how a fund of Rs 33 lakh was created SBI Thematic Equity Fund has been the best performing SBI mutual fund with a SIP return of 42.48% in the last five years.

It has assets under management (AUM) of Rs 3,071 crore, while its net asset value (NAV) is Rs 36.21. A SIP of Rs 20,000 or a total investment of Rs 12 lakh has turned into Rs 33.50 lakh in five years. SBI, Power Grid, NTPC and Coal India are the main stocks in its portfolio. This sectoral infrastructure fund has given a SIP return of 37.70 per cent in a period of five years. Its AUM is Rs 3,088 crore, while its NAV is Rs 55.72. A SIP of Rs 20,000 in the fund has given Rs 30.02 lakh in a period of five years.

The key stocks in its portfolio are Reliance Industries Limited, Bharti Airtel, L&T and Carborundum Universal Limited. These funds of SBI were also performersSBI's Contra Fund has given 36.54 percent annual SIP return in five years. Its AUM is Rs 30,520 crore, while its NAV is Rs 401.08. A SIP of Rs 20,000 in the fund has turned into Rs 29.13 lakh in five years. The key stocks in its portfolio are Nifty Bank, HDFC Bank, SBI and GAIL (India).

?It has given 33.25 per cent annual SIP return in five years. Its AUM is Rs 18,399 crore, while its NAV is Rs 259.8. A SIP of Rs 20,000 in the fund has given Rs 27.07 lakh in a period of five years. The key stocks in its portfolio are Torrent Power, Schaeffler India, Thermax Ltd and Sundaram Finance Ltd.


Post Views: 55


READ NEXT
Cancel OK