SBI best 3 mutual funds: In the last five years, the high return mutual funds have been SBI Technology Opportunities Fund, SBI Contra Fund and SBI Small Cap Fund Direct Growth. These mutual funds have provided annualised returns of up to 23%. These are all direct plans under the growth option. (SBI best 3 mutual funds). Here are the details.
SBI Technology Opportunities Fund
SBI Technologies Opportunities Fund offers investors long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in technology and technology related companies.
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If you had invested Rs 12,000 monthly in SBI Technologies Opportunities Fund 5 years ago, you would have received an 84.47% return. For a total investment of Rs 7.2 lakh spread over 5 years, you will receive a corpus of Rs 13.3 lakhs at the end of the term.
SBI Contra Fund
SBI Contra Mutual Fund is an equity mutual fund scheme that offers investors long-term capital appreciation through active investment management using a contrarian investment strategy.
In 5 years, SBI Contra Fund delivered an absolute return of 95.16% and annualised returns of 14.3%. The annualised return exceeds the category average of 13.85% and the benchmark return of 11.69%. It currently has a net asset value of Rs 241.69 crore. If you invested Rs 12,000 monthly in SBI Contra Fund 5 years ago, you would have received a return of 79.31%. For a total investment of Rs 7.2 lakh spread over 5 years, you will receive a corpus of Rs 12.9 lakh at the end of the term.
SBI Small Cap Fund
SBI Small Cap Fund is an equity mutual fund scheme which provides investors long-term capital growth opportunities by investing primarily in a well-diversified pool of equity stocks of small cap companies.
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In 5 years, SBI Small Cap Fund delivered an absolute return of 84.28% and annualised returns of 14.29%. The annualised return exceeds the category average return of 13.65% as well as the benchmark return of 7.57%. It currently has a net asset value of Rs 124.7.
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