Top 10 SBI Funds Recommended By GetMyIndia Capitals
1-SBI Banking and Financial Services Fund
An open ended Equity Scheme investing in Banking and Financial Services sector
Investment Objective –
The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.
FUND METRICS-
| NAV | ₹ 44.27 (0.97% one day change)as on Sep 23, 2024 |
| Age | 26 Feb, 2015 |
| AUM | ₹ 6120.42 Cr (as on 31 Aug 2024) |
| Exit Load | For exit after 30 days from the date of allotment - Nil.
For exit on or before 30 days from the date of allotment - 0.50%; |
| Lock-in Period | 0 Years 0 Months |
| Returns | 6 Month: +23.15%
1 Year: +41.11% 3 Year: +62.43% |
2-SBI Consumption Opportunities Fund
An open ended equity scheme following consumption theme
Investment Objective –
To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Consumption space.
FUND METRICS-
| NAV | ₹ 402.02 (0.61% one day change) as on Sep 23, 2024 | Age | 05 Jul, 1999 | AUM | ₹2853.9Cr as on 31 Aug 2024 | Exit Load | For exit on or before 30 days from the date of allotment - 0.10%
For exit after 30 days from the date of allotment – Nil |
| Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +34.18%
1 Year: +48.40% 3 Years: +115.92% |
3-SBI Contra Fund
An open-ended Equity Scheme following contrarian investment strategy.
Investment Objective –
To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy.
FUND METRICS-
| NAV | ₹ 436.91 (0.61% one day change)
as on Sep 23, 2024 |
Age | 05 Jul, 1999 | AUM | ₹39432.5Cr
as on 31 Aug 2024 |
Exit Load | For exit within 1 year from the date of allotment - 1%;
For exit after 1 year from the date of allotment - Nil. |
Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +23.51%
1 Year: +44.21% 3 Years: +114.33% |
4-SBI Energy Opportunities Fund
An open-ended equity scheme following the energy theme
Investment Objective –
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to sectors such as oil & gas, utilities and power.
FUND METRICS-
| NAV | ₹ 11.6947 (+0.75% one day change) as on Sep 23, 2024 | Age | 26 Feb, 2024 | AUM | ₹11270.09Cr
As on 31 Aug 2024 |
Exit Load | Nil. | Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +18.27%
1 Year: +16.71% |
5-SBI ESG Exclusionary Strategy Fund
An open-ended Equity scheme investing in companies following the ESG theme with exclusionary strategy
Investment Objective –
The scheme is to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental, Social and Governance (ESG) criteria using exclusionary strategy. However, there is no assurance that the investment objective of the scheme will be achieved.
FUND METRICS-
| NAV | ₹ 270.53 (1.25% one day change)
As on Sep 20, 2024 |
Age | 01 Jan, 1991 | AUM | ₹6035.5Cr
As on 31 Aug 2024 |
Exit Load | For exit within 1 year from the date of allotment - 1%
For exit after 1 year from the date of allotment - Nil. |
Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +23.58%
1 Year: +33.65% 3 Years: +55.01% |
6-SBI Healthcare Opportunities Fund
An open-ended Equity Scheme investing in healthcare sector
Investment Objective –
To provide the investors with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Healthcare space.
FUND METRICS-
| NAV | ₹ 477.97 (0.49% one day change)
As on Sep 23, 2024 |
Age | 05 Jul, 1999 | AUM | ₹3202.66Cr
As on 31 Aug 2024 |
Exit Load | For exit within 15 days from the date of allotment – 0.50%
For exit after 15 days from the date of allotment – Nil |
Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +27.72%
1 Year: +51.20% 3 Years: +86.52% |
7-SBI Infrastructure Fund
An open ended equity scheme investing in infrastructure and allied sectors
Investment Objective –
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies directly or indirectly involved in the infrastructure growth in the Indian economy and in debt & money market instruments.
FUND METRICS-
| NAV | ₹ 59.43 (0.76% one day change) as on Sep 23, 2024 | Age | AUM | ₹4790.47Cr
As on 31 Aug 2024 |
Exit Load | For exit on or before 30 days from the date of allotment - 0.50%
For exit after 30 days from the date of allotment - Nil |
Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +24.38%
1 Year: +61.08% 3 Years: +126.63% |
8-SBI Long Term Equity Fund (ELSS)
An open ended Equity Linked Saving Scheme with a statutory lock-in period of 3 years and tax benefit
Investment Objective –
To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.
FUND METRICS-
| NAV | ₹ 489.02 (0.67% one day change)as on Sep 23, 2024 | Age | 31 Mar, 1993 | AUM | ₹28000.03Cr
as on 31 Aug 2024 |
Exit Load | Nil | Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +24.24%
1 Year: +56.30% 3 Years: +108.95% |
9- SBI Retirement Benefit Fund Aggressive Plan
An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
Investment Objective –
The investment objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes. However, there can be no assurance that the investment objective of the Scheme will be realized.
FUND METRICS-
| NAV | ₹ 22.35 (0.44% one day change) as on Sep 23, 2024 | Age | 10 Feb 2021. | AUM | ₹2763.34Cr
As on 31 Aug 2024 |
Exit Load | Nil | Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +21.48%
1 Year: +34.01% 3 Years: +74.21% |
10-SBI Technology Opportunities Fund
An open-ended Equity Scheme investing in technology and technology related sectors
Investment Objective -
This fund to provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in technology and technology related companies.
FUND METRICS-
| NAV | ₹ 248.03 (0.96% one day change)
As on Sep 20, 2024 |
Age | 05 Jul, 1999 | AUM | ₹4387.45Cr As on 31 Aug 2024 |
Exit Load | For exit within 15 days from the date of allotment– 0.50%.
For exit after 15 days from the date of allotment– Nil. |
Lock-in Period | 0 Years 0 Months | Returns | 6 Months: +24.11%
1 Year: +37.50% 3 Years: +50.73% |
Documents required to invest in SBI Mutual Fund
The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.
PROOF OF IDENTITY
1. PAN Card (Mandatory)
2. Voter ID Card
3. Driving License
4. Passport
5. Aadhaar Card
6. Any other valid identity card issued by Central or State Government
PROOF OF ADDRESS
1. Voter ID Card
2. Driving License
3. Passport
4. Ration Card
5. Aadhaar Card
6. Bank account statement or bank passbook
7. Utility bills like electricity or gas bills
