Top Performing SBI Mutual Fund Schemes Over the Last 10 Years

Strategic Insights -

SBI Mutual Fund, India's largest bank-backed mutual fund, has several top-performing schemes across categories. The fund house, the mutual fund arm of India's largest PSU bank SBI, has schemes ranging from equity, debt to hybrid category. Over the last 10 years, some of these schemes have generated average annual returns of up to 26%, making lump sum investors' wealth multiply by over 10 times during this period. Systematic Investment Plan (SIP) investors also made enormous wealth by sticking to disciplined investing in various SBI Mutual Fund plans.

Key Takeaways:

  • SBI Small Cap Fund -- Direct Plan has given an annual return of 26.24% and an absolute return of 930% over the last 10 years to investors who invested lump sum.
  • An investment of Rs 1 lakh in SBI Small Cap Fund would have grown to more than Rs 10 lakh at this rate of return over a 10-year period.
  • SBI Small Cap Fund has yielded investors over 30% annualised return on lump sum investment in the last 5 years.
  • SBI Magnum Midcap Fund -- Direct Plan has given an annual return of over 20% and an absolute return of 526% in 10 years to those who invested lump sum, making a lump sum investment of Rs 1 lakh into Rs 6,25,550.
  • SBI Contra Fund -- Direct Plan -- Growth has given an annualised return of 19.23% over the last 10 years, making a lump sum investment of Rs 1 lakh into Rs 5.81 lakh.
  • SBI Large & Midcap Fund has given an annualised return of over 20% in 10 years to those who invested lump sum money into this scheme, making a lump sum investment of Rs 1 lakh Rs 5.28 lakh.
  • SBI Focused Equity Fund -- Direct Plan has given an annualised return of over 29% in 10 years to those who invested lump sum, making a lump sum investment of Rs 1 lakh into Rs 4.95 lakh.

Statistics:

  • SBI Small Cap Fund -- Direct Plan has given a 10-year absolute return of 930%.
  • SBI Magnum Midcap Fund -- Direct Plan has given a 10-year absolute return of 526%.
  • SBI Contra Fund -- Direct Plan -- Growth has given a 10-year absolute return of 482%.
  • SBI Large & Midcap Fund has given a 10-year absolute return of Rs 4,28,000.
  • SBI Focused Equity Fund -- Direct Plan has given a 10-year absolute return of Rs 4,95,000.
  • An SIP of Rs 10,000 in SBI Small Cap Fund would have grown to over Rs 45 lakh in the last 10 years.
  • An SIP of Rs 10,000 in SBI Magnum Midcap Fund would have grown to Rs 36.58 lakh in 2024.
  • An SIP of Rs 10,000 in SBI Contra Fund -- Direct Plan -- Growth would have grown to over Rs 40 lakh, giving 23% annualised return.

Sources:

  • Mithilesh Jha SBI Mutual Fund
  • FinancialExpress.com
  • IE Online Media Services Pvt. Ltd.
  • Contify.com