This SBI Mutual Fund Is Ranked No. 3 By CRISIL, Gave Over 1000% Absolute Return In 10 Yrs

Since the mutual funds schemes inception dates, a number of small-cap mutual fund schemes have provided promising annualised returns between 24% and 30%, and robust absolute returns. Some mutual fund schemes are over ten years old and have historically provided strong returns on investments.

Investors should be aware that there is neither a promise nor a guarantee that the fund will continue to offer such high returns in the future.

SBI Small Cap Fund

SBI Small Cap Fund is an open-ended equity mutual fund predominantly investing in small-cap stocks. The fund was launched more than 10 years ago and has given a promising absolute return. The fund was launched on 09 September 2009 as per information on fund's website.

Rating agency CRISIL has ranked this mutual funds scheme No. 3 in the Small-cap Fund category under the Direct Plan. While the Value Research has rated the fund 4-star.

The scheme under the direct plan has given 966.53% absolute return since inception, whereas, it has given 25.40% annual average return since its inception. The fund has also performed well on SIP investments.

It has Rs. 17,572 crore Assets Under Management as on 31st May 2023 with 0.72% expense ratio. The fund charges 1% on redemption within 365 days or a year. It has no lock-in period. The scheme tracks S&P BSE 250 Small Cap Total Return Index (TRI), its benchmark.

Returns On Lump-Sum Investments

Returns Under Direct Plan option

This fund has the majority of investments in Equity (92.8%) followed by Cash & Cash Equivalent (7.2%). In its portfolio, there are a total 53 stocks. The top 5 holds 16.02%, which includes Blue Star, Carborundum Universal, Triveni Turbine, Elgi Equipments and Kalpataru Projects International. The fund has major exposure to Services (15.03%), Capital Goods (13.99%), Consumer Discretionary (13.21%), Financial (8.13%), and Metals & Mining (7.89%) sectors.

Disclaimer - The above mutual fund scheme has been picked based on CRISIL rating. The funds considered are growth direct plans, the returns are taken from ValueResearch. Investors should note Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.