SBI Top MF Investment Schemes: The stock of the country’s largest public sector bank, SBI, has given strong returns of around 30 percent this year.
It has outperformed large-cap stocks. Like shares, many mutual fund schemes of SBI have also proved to be superhit this year.
Investors have got 15% to 29% returns this year in different systems of SBI Mutual Fund.
Mutual fund schemes are offered by SBI in many categories for investors considering their age, risk profile, and needs. SBI is one of the oldest mutual funds in the country.
SBI PSU Fund
SBI PSU Fund has given 29% returns in 1 year. The total asset of this mutual fund was Rs 535 crore as on November 30, 2022.
At the same time, the expense ratio is 1.45 percent. A minimum lump sum investment of Rs 5,000 can be made in this scheme. While at least 500 rupees SIP can be done.
SBI Nifty Bank ETF
SBI Nifty Bank ETF has given a 22% return in 1 year. The total asset of this mutual fund was Rs 4793 crore as on November 30, 2022.
Whereas till March 31, 2022, the expense ratio is 0.20 percent. A minimum lump sum investment of Rs 5,000 can be made in this scheme.
SBI Nifty Private Bank ETF
SBI Nifty Private Bank ETF has given 22% returns in 1 year. The total asset of this mutual fund was Rs 137 crore as on November 30, 2022.
Whereas till March 31, 2022, the expense ratio is 0.15 percent. A minimum lump sum investment of Rs 5,000 can be made in this scheme.
SBI Consumption Opportunities Fund
SBI Consumption Opportunities Fund has given 15% returns in 1 year. The total asset of this mutual fund was Rs 1194 crore as on November 30, 2022.
At the same time, the expense ratio to this date is 1.24 percent. A minimum lump sum investment of Rs 5,000 can be made in this scheme. While at least 500 rupees SIP can be done.
SBI Banking & Financial Services Fund
SBI Banking & Financial Services Fund has also given 15% returns in 1 year. The total asset of this mutual fund as on November 30, 2022, was Rs 3984 crore.
At the same time, the expense ratio to this date is 0.80 percent. A minimum lump sum investment of Rs 5,000 can be made in this scheme. While at least 500 rupees SIP can be done.
