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SBI Mutual Fund | SBI's great scheme! You will get a return of ₹ 93 lakh on investment of ₹ 1000
News Update | August 27, 2024 4:24 AM CST

SBI Mutual Fund | SBI's PSU, infrastructure, contra and midcap funds have performed well in the last five years. Funds like SBI PSU have given investors three times returns in five years. We are all looking for investment options for better returns. Many banks have launched new schemes for better returns. SBI Bank is also giving good returns to its customers. SBI Mutual Fund has also given huge returns. SBI Mutual Fund's PSU, infrastructure, contra and midcap funds have performed well in the last five years. Funds like SBI PSU have almost tripled investors' wealth in five years. Some schemes of SBI Mutual Fund, run by the country's largest public sector bank SBI, are among the oldest schemes in the country. Those who invested money in this scheme have become rich. This fund invests investors' money only in large cap and midcap.

SBI Large & Midcap Fund
This fund was earlier called SBI Magnum Multiplier Plus. This fund was launched on February 28, 1993. It is a midcap fund with an AUM of Rs 27,382 crore. If you had started a SIP of Rs 1000 every month in this fund in September 1994, your money would have grown to Rs 93 lakh today. This SIP has given a return of 17.4% in 30 years.

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News Title : SBI Mutual Fund 26 August 2024.


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