Regardless of market trend bullish, bearish or sideways, Mutual Fund SIP (Systematic Investment Plan) is an investment tool that can be started anytime. According to tax and investment experts, for medium to long term SIPs, an investor’s money becomes average at the time of redemption. Hence, the chances of losing the principal are less in medium to long term mutual fund SIP investments. In fact, if chosen in the right way, one can get strong returns on mutual fund investments. SBI Mutual Fund – SBI Technology Opportunities Fund, SBI Focused Equity and SBI Magnum Equity ESG Fund – are prime examples. Over the last 5 years, these SBI Mutual Funds have given great returns to both the lump sum investors and SIP investors. These SBI Mutual Funds have not only beaten the rise in inflation in the last 5 years; They have outperformed the returns given by fixed income instruments by a huge margin.
Here we list the complete details of the above mentioned SBI Mutual Fund performance over the last 5 years:
1]SBI Technology Opportunity Fund: According to data from Value Research, if an investor has invested ₹5 years ago 1 lakh lump sum amount, its ₹would have been 1 lakh ₹3.26 lakh today. However, for SIP investors who started their ₹10,000 Monthly SIP in this SBI Mutual Fund 5 years ago, today would have been the absolute value of his investment ₹14.51 lakhs.
2]SBI Focused Equity: This mutual fund of SBI has given excellent returns to the investors both in lump sum and monthly SIP. According to data from Value Research, if an investor has invested ₹1 lakh lump sum amount in SBI Focused Equity Plan 5 years ago, today his investment would have been the absolute value ₹2.19 lakh while ₹10,000 monthly SIP investors, the absolute value of their investment would be ₹10.23 lakh today.
3]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 ₹1 lakh lump sum amount in this plan of SBI 5 years ago, today one’s money would have absolute value ₹1.93 lakhs. However, in case of monthly SIP ₹10,000 in SBI Magnum Equity ESG Fund that debuted 5 years ago, Value Research data says investor’s money would have absolute value today ₹9.68 lakhs.
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