Top News

SBI Mutual Fund | This scheme will make you rich, you can become a millionaire with small investment
News Update | August 5, 2024 5:24 PM CST

SBI Mutual Fund | SBI Mutual Fund Largest bank supported in India mutual fund This fund house is the mutual fund unit of the country's largest PSU bank SBI. It offers schemes ranging from equity, debt to hybrid categories.

Investment increased 10 times
If you look at the return charts of various SBI Mutual Fund schemes in the last 10 years, there are some that have generated an average annual return of up to 26%, which means one-time investors have seen their money grow 10 times. SIP investors created huge wealth with disciplined investments in various schemes of SBI Mutual Fund. A monthly investment of Rs 10,000 as SIP in SBI Mutual Fund schemes has crossed Rs 45 lakh in the last 10 years.

SBI Small Cap Fund – Direct Scheme
SBI Small Cap Fund has given 26.24 per cent annual return and 930 per cent absolute return to one-time investors in the last 10 years. At this rate, an investment of Rs 1 lakh will become more than Rs 10 lakh in a period of 10 years. SIP investors in this scheme have got an annual return of 25 per cent in the last 10 years. A SIP of Rs 10,000 under this scheme has become more than Rs 45 lakh in the last 10 years. SBI Small Cap Fund has given investors an annual return of more than 30 per cent on one-time investment in the last 5 years. The return in this small cap scheme has been 25 per cent in three years and more than 45 per cent in the last one year.

SBI Contra Fund – Direct Scheme – Growth
SBI Contra Fund Direct Plan has given an annual return of 19.23% in the last 10 years, converting a lump sum investment of Rs 1 lakh into Rs 5.81 lakh. In the last 10 years, the true return of the fund has been 482%. Similarly, a SIP of Rs 10,000 started 10 years ago will grow to over Rs 40 lakh with a 23% annual return. If you look at the returns of the fund for 5-year, 3-year and 1-year, it has given 31%, 30% and 49% returns, respectively.

SBI Large and Midcap Fund – Direct Plan
SBI Large and Midcap Fund has given an annual return of more than 20 percent to those who invested once in this scheme in 10 years. Those who invested Rs 1 lakh then will now get Rs 5.28 lakh. The 10-year SIP return is 19.54% per annum. At this rate of SIP return, people depositing Rs 10,000 every month will now deposit Rs 33.59 lakh. The 5-year return of the fund is 23 percent and the 3-year return is 22 percent. In the last one year, this scheme has increased by 38 percent.

Disclaimer : Investment in mutual funds and stock market is based on risk. Before investing in the stock market, consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.

News Title : SBI Mutual Fund Scheme NAV Today 05 August 2024.


READ NEXT
Cancel OK