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5 Schemes From SBI Mutual Fund With The Best 5-Year Returns
At the very beginning we wish to clarify that the is article is not a recommendation into any mutual fund scheme. The article merely highlights returns from some of the top SBI Mutual Fund Schemes. Investors should do their own research before investing.
Top 5 SBI performers of SBI Mutual Fund
| Scheme name | 3-year returns | 5-year returns |
|---|---|---|
| SBI Contra Fund, Direct, Growth | 41.29% | 19.94% |
| SBI Magnum, Midcap. Direct, Growth | 37.34% | 19.95% |
| SBI Small Cap Fund, Direct, Growth | 36.59% | 20.82% |
| SBI Consumption Opportunities, Direct, Growth | 35.25% | 15.75% |
| SBI Infra, Direct, Growth | 31.65% | 17.56% |
Please note, the data is sourced from Groww. The returns are annualized, which means the absolute returns could be even higher. The 3-year returns look very good large because 3-years ago the world saw covid, which resulted in markets crashing. The 5-year returns are more reliable in that sense. Having said that the returns from these mutual fund schemes are far better than the traditional bank deposits. Having said that we are not so sure that 3-year returns of 41% on an annualized basis can be sustained in the longer run. The SBI Contra Fund has been the best performer from SBI Mutual Fund and its investment is more contrarian. The fund has investments in stocks like GAIL, ICICI Bank, Equitas Small Finance Bank etc.
The other top performer is the SBI Magnum Midcap Fund. The fund has invested in stocks like Crisil, Schaeffler India, Tube Investments, Page Industries etc. As is well known that midcap stocks can be risky and hence the fund is not appropriate for those who are willing to take a risk. The third top performer from the list is the SBI Small Cap Fund, Direct, Growth, which again being a small cap may have some element of risk associated with the same. As we write markets have hit a historic peak of 65,000 points, so do be a little circumspect before putting lumpsum.
Disclaimer
The above article is for information only. Please note, we have highlighted the best performing schemes from SBI Mutual Fund and these are not recommendations to buy, hold or sell. This is not a recommendation of either Greynium Information nor the author. Neither Greynium Information Technologies, nor the author should be held responsible for losses caused based on a decision from the article.
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