7 Best SBI Mutual Funds with Good 3-year Returns upto 29.48%

Описание: SBI Mutual Fund is the largest mutual fund house by asset size in India. The fund house manages assets worth (AUM) of Rs 3.74 lakh crore for the quarter ending March, 2020. The asset size of the fund house increased by 5.92% from its December 2019 quarterly figure. The fund house has been around nearly for 30 years.

SBI Mutual Fund is a joint venture between State Bank of India, the largest state-owned bank in India, and Amundi, a French asset management company. Amundi is the largest fund manager in Europe and one of the top 10 investment managers in the world. They possess sound investment expertise and have a network of over 222 points of acceptance across India. Also, SBI Mutual Fund actively manages its investor's assets and delivers superior value to its investors.

SBI Mutual Fund offers approx. 147 schemes to investors. It offers 29 equity schemes, 82 debt schemes, 26 hybrid schemes and 10 ETFs, Gold & Fund of funds schemes. Some of the well-known equity schemes from its stable are SBI Bluechip Fund, SBI Small Cap Fund, SBI Focused Equity Fund etc. SBI Mutual Fund also offers some good debt funds. Some of the prominent debt schemes are SBI Magnum Gilt Fund, SBI Dynamic Bond Fund, SBI Magnum Income Fund etc. SBI Equity Hybrid Fund is a prominent name in hybrid schemes category. The percentage of schemes beating the benchmark across its various categories for 1-year time period collectively is approx. 55%.

please subscribe to the channel for more bank news and financial Updates.