SBI’s three mutual funds SBI Technology Opportunities Fund SBI Focused Equity and SBI Magnum Equity ESG Fund have given investors great returns in the last 5 years. You can get better returns by investing in them.
f you are looking to invest in Mutual Fund SIP and want to make good profit then you can invest in these three mutual funds of SBI, SBI Technology Opportunities Fund, SBI Focused Equity and SBI Magnum Equity ESG Fund. In the last 5 years, all these three SBI Mutual Funds have given stupendous returns to both the lump sum investors and SIP investors.
SBI Technology Opportunity Fund
According to data from Value Research, if an investor had invested a lump sum amount of Rs 1 lakh 5 years ago, his Rs 1 lakh would have become Rs 3.26 lakh today. However, SIP investors who started their monthly SIP in this SBI Mutual Fund 5 years ago with Rs 10,000, today the full value of their investment would have been Rs 14.51 lakh.
SBI Focused Equity
This mutual fund of SBI has given great returns to the investors both in lump sum and monthly SIP. As per data from Value Research, if an investor had invested Rs 1 lakh in lump sum in SBI Focused Equity Plan 5 years back, the value of his investment today would have been Rs 2.19 lakh while Rs 10,000 monthly SIP for investors, would be the full amount of their investment. The value of the investment today would have been Rs 10.23 lakh.
SBI Magnum Equity ESG Fund
This mutual fund plan offered by SBI is one of the highest paying mutual fund plans in the last 5 years. If an investor had invested a lump sum amount of Rs 1 lakh in this SBI scheme 5 years ago, then today the value of his investment would have been Rs 1.93 lakh.
However, as per Value Research data, in case of a monthly SIP of Rs 10,000 initiated 5 years back in SBI Magnum Equity ESG Fund, the investment value would have been Rs 9.68 lakh.