The SBI Mutual Funds is one of India's most prominent mutual fund asset management firms by the size of their investments. The SBI Mutual Fund is a joint venture between Amundi, which is a European asset management firm and SBI. The SBI Mutual Funds was set up in June, 1987 and has remained active for more than 30 years. The SBI Mutual Fund offers a large variety of investment schemes to choose from, which contain equity funds, hybrid schemes and debt schemes.
Equity funds are those mutual funds that invest in the stocks of various companies and these equity funds make up around 40%-50% of all SBI mutual funds. Equity funds generally offer the highest returns among other types of mutual funds but also are somewhat higher risk in comparison. Various mutual fund options offered by SBI Mutual Funds in 2022 are aimed at providing investors with a wide variety of options.
Best SBI Mutual Funds To Invest In 2022
Let's take a look at the best SBI mutual funds that you can purchase in 2022:
SBI Small Cap Fund
The SBI Small Cap Fund has given annualised returns of 33.12% over the past 3 years and around 19% annualised returns over the last 5 years. The minimum investment required for this mutual fund via SIP is ₹500 and ₹5,000 for lump sum investments. The market size of this mutual fund is ₹12,825 crore. This mutual fund falls under the Equity Fund category.
SBI Bluechip Fund
The SBI Bluechip Fund also comes under the equity fund category and has provided 17.57% annualised returns over the last 3 years. Over the past 5 years, the fund has given annualised returns of 11.94% over the past 5 years. The minimum investment required for this mutual fund via SIP is ₹500 and ₹5,000 for lump sum investments. The market size of this mutual fund is ₹34,043 crore.
SBI Flexicap Fund
The SBI Flexicap Fund, which is an equity fund, has provided 17.15% annualised returns over the past 3 years and around 11.73% annualised returns over the past 5 years. The minimum investment required for this mutual fund via SIP is ₹500 and ₹1,000 for lump sum investments. The market value of this mutual fund is ₹16,208 crore.
SBI Financial Services Fund
The SBI Banking and Financial Services Fund is an equity fund that has provided annualised returns of 14.03% in the past 3 years. When considering the past 5 years, the mutual fund has provided annualised returns of 12.96%. The minimum investment required for this mutual fund via SIP is ₹500 and ₹5,000 for lump sum investments. The market size of the SBI Banking and Financial Services Fund is ₹3,712 crore.
SBI Focused Equity Fund
The SBI Focused Equity Fund has provided annualised returns of 19.76% over the past 3 years. It's an equity mutual fund and when it comes to the annualised returns of the past 5 years, the percentage is 15.25%. The minimum investment required for this mutual fund via SIP is ₹500 and ₹5,000 for lump sum investments. The market size of the SBI Focused Equity Fund is ₹27,450 crore.
SBI Equity Hybrid Fund
The SBI Equity Hybrid Fund has provided annualised returns of 15.37% over the past 3 years. This mutual fund falls under the hybrid mutual fund category and has given 12.37% annualised returns in the past 5 years. The minimum investment required for this mutual fund via SIP is ₹500 and ₹1,000 for lump sum investments. The market size of the SBI Equity Hybrid mutual fund is ₹55,268 crore.
SBI Nifty Index Fund
The SBI Nifty Index Fund has provided 16.63% annualised returns over the past 3 years and 12.5% in the last 5 years. The minimum investment required for this mutual fund via SIP is ₹500 and ₹1,000 for lump sum investments. The market size of the SBI Nifty Index Fund is ₹2,854 crore.
Also Read: More Than Half Of SBI Mutual Fund SIPs Now Come From Small-Town India
Some other major SBI mutual funds that you can consider are:
SBI Technology Opportunities Fund
SBI Gold Fund
SBI Consumption Opportunities Fund
Disclaimer: The annualised rates of return and market sizes of SBI mutual funds have been recorded at the time of writing and are subject to change. This article does not intend to pass on any financial advice and BQ Prime does not endorse any of the funds/schemes mentioned above. Please invest at your own discretion.
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