Top 7 SBI Mutual Funds Delivering The Best SIP Returns In 5 Years: See How Rs 15,000 Monthly SIP Grew To Over Rs 21 Lakh
SBI Mutual Fund House, established in 1987, stands as one of India's most trusted and oldest asset management companies. With assets under management (AUM) exceeding ₹11,06,466 crore as of November 2024, the fund house offers a diverse range of schemes in equity, hybrid, and debt categories. Many of these schemes have consistently outperformed benchmarks, making them a preferred choice for investors. Let’s dive into the top seven SBI mutual funds that have delivered impressive annualised returns on systematic investment plans (SIPs) over the past five years.
1. SBI PSU Fund – Direct Plan
The SBI PSU Fund – Direct Plan emerges as the top performer, delivering an outstanding 36.45% annualised return over the last five years. With an AUM of ₹4,471 crore and an NAV of ₹34.0139, the fund is benchmarked against the BSE PSU TRI index. Since its inception in 2013, it has offered an annualised return of 12.42%.
- Investment Insights: With a monthly SIP of ₹15,000, totalling ₹9,00,000 over five years, the investment would now be worth ₹21,88,409.
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.76%
Known for its contrarian investment approach, the SBI Contra Fund – Direct Plan has delivered 32.46% annualised returns over five years. With ₹40,486 crore in AUM and an NAV of ₹406.5672, it is benchmarked against the BSE 500 TRI index, providing 17.52% annualised returns since 2013.
- Investment Growth: A ₹15,000 monthly SIP in this fund would have grown to ₹19,93,824 in five years.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.59%
Specialising in infrastructure-related investments, the SBI Infrastructure Fund – Direct Plan has given 31.64% annualised returns in five years. With an AUM of ₹4,963 crore and an NAV of ₹52.8232, the fund is benchmarked against the NIFTY Infrastructure TRI index, offering 16.42% annualised returns since its launch.
- Investment Growth: A monthly SIP of ₹15,000 would have turned into ₹15,64,474 in five years.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.91%
4. SBI Long Term Equity Fund – Direct Plan
An ELSS (Equity-Linked Savings Scheme), the SBI Long Term Equity Fund – Direct Plan offers tax-saving benefits along with strong returns. Over five years, it has delivered 29.8% annualised returns. With an AUM of ₹27,559 crore and an NAV of ₹456.1327, the fund is benchmarked against the BSE 500 TRI.
- Investment Growth: A ₹15,000 monthly SIP has grown to ₹18,72,724 in five years.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹500
- Expense Ratio: 0.94%
This sectoral fund focuses on healthcare and pharmaceutical companies, offering 29.09% annualised returns over five years. With an AUM of ₹3,416 crore and an NAV of ₹474.7602, the fund is benchmarked against the BSE Healthcare TRI index, providing 18.96% returns since inception.
- Investment Growth: A ₹15,000 monthly SIP would now be worth ₹18,41,259.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.89%
6. SBI Magnum Midcap Fund – Direct Plan
Focusing on mid-cap companies, the SBI Magnum Midcap Fund – Direct Plan has provided 28.26% annualised returns over the last five years. The fund manages ₹21,407 crore in AUM with an NAV of ₹256.1471. Benchmarking against the NIFTY Midcap 150 TRI, it has generated 20.45% returns since its inception.
- Investment Growth: A ₹15,000 SIP would have grown to ₹18,05,723 in five years.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.79%
Targeting small-cap companies, the SBI Small Cap Fund – Direct Plan has delivered 25.78% annualised returns over five years. With ₹21,407 crore in AUM and an NAV of ₹196.9679, the fund is benchmarked against the BSE 250 SmallCap TRI.
- Investment Growth: A ₹15,000 SIP has grown to ₹18,01,912 over five years.
- Key Features:
- Minimum SIP: ₹500
- Minimum Lump Sum: ₹5,000
- Expense Ratio: 0.66%
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