SBI Mutual Fund House, India’s largest Asset Management Company (AMC), managed assets worth ₹91,37,80.06 crore as of March 31, 2024.
The company offers 72 mutual fund schemes, including 37 equity funds, 22 debt funds, 11 hybrid funds, and 2 in other categories.
With a 37-year history, SBI Mutual Fund House manages several top-performing schemes.
Here, we explore the top 7 SBI mutual fund schemes that have delivered the highest SIP returns (XIRR) over a 3-year period.
Additionally, learn how a monthly SIP of ₹21,000 in all 7 funds has grown over these 3 years.
SBI PSU Direct Plan-Growth
This thematic fund has provided 54.21% annualized SIP returns over 3 years. It manages assets worth ₹4,602 crore, with a net asset value (NAV) of ₹37.42.
SBI Infrastructure Fund Direct-Growth
This sectoral fund has delivered 41.82% annualized SIP returns in 3 years. It has ₹4,524 crore in assets under management (AUM) and an NAV of ₹57.63.
SBI Long Term Equity Fund Direct Plan-Growth
This sectoral fund has recorded 39.75% annualized SIP returns over the 3-year period. It holds ₹27,527 crore in assets, and its NAV stands at ₹481.68.
SBI Healthcare Opportunities Fund Direct Plan-Growth
This sectoral fund has generated 36.39% annualized SIP returns in 3 years. Its AUM is ₹2,980 crore, while the NAV is ₹463.25.
SBI Nifty Next 50 Index Fund Direct – Growth
This sectoral fund has returned 36.28% annualized SIP gains over 3 years. Its assets total ₹1,209 crore, with an NAV of ₹20.68.
SBI Contra Fund
This fund has achieved 36.26% annualized SIP returns over 3 years. It manages ₹37,846 crore in assets, and its NAV is ₹431.668.
SBI Consumption Opportunities Fund Direct-Growth
This sectoral fund has provided 33.34% annualized SIP returns in 3 years. Its AUM is ₹2,674 crore, with an NAV of ₹383.23.
SBI Small Cap Fund Direct-Growth
This sectoral fund has produced 31.02% annualized SIP returns in 3 years. It has assets worth ₹32,761 crore, with an NAV of ₹208.4168.
