Top 5 Sbi Mutual Fund 2024: The share market gives their customers many options to make money. Mutual Fund is one of them. If you plan to invest your savings amount for the long term then Mutual funds come to the top. A mutual fund is Known to give a good Return on your investment amount. Its Return is increased with increased time. If you are planning to invest in a Mutual fund then our article will help you to provide the right direction.
In this article, we will be covering the Top 5 Sbi Mutual Fund 2024 and its related important terms. Let’s Delve into the article and learn about it.
What are Mutual Funds?
A mutual fund is a kind of fund in Which a company collects funds from the share market through a sip and Lumpsum Fund and invests a large amount of these funds in the share market.
In the share market, they spend funds in the Technology Sector, Medical sector, Construction sector, Energy Sector, and many other sectors.
After Getting a good return on funds Investment becomes beneficial for both the investor and the company. Because the company is given a return for their investors according to their investment.
Brief Details SBI Mutual Funds
SBI Mutual Fund is a fund which is operated by the government of India. SBI is a government banking sector. Apart from banking facilities, it provides Mutual funds, Exchange-traded funds, Index funds, Gold exchange-traded products, Commodities, Real estate investment trusts, Government bonds, Corporate bonds, Asset management, and Risk management.
If we talk about the Mutual fund service of SBI Bank. Then currently SBI runs many mutual funds services. According to high return and good performance Top 5 Sbi Mutual Fund 2024 are :
- SBI PSU Direct Plan-Growth
- SBI Small Cap Fund Direct-Growth 25000
- SBI Long-Term Equity Fund Direct Plan-Growth
- SBI Bluechip Direct Plan-Growth
- SBI Magnum Mid Cap Direct Plan-Growth
Also Read: Quant Mutual Fund Return In 2024
Top 5 Sbi Mutual Fund 2024
In the Top 5 Sbi Mutual Fund 2024, we select the category according to high return, fund amount, and fund investment.
SBI PSU Direct Plan-Growth
In the Top 5 Sbi Mutual Fund 2024, SBI PSU Direct Plan-Growth comes first.
Top Holding Company
This Fund is held by a Total of 23 Companies. Top Companies are :
- State Bank of India (11.14%)
- Power Grid Corporation of India Limited (8.69%)
- NTPC Limited (7.77%)
- Oil & Natural Gas Corporation Limited (4.94%)
- Hindustan Copper Limited (4.59%)
- Housing & Urban Development Corporation Limited (4.34%)
- Bharat Heavy Electricals Limited (3.96%)
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 30.3% |
| Others Sector | 6.0% |
| Energy Sector | 39.1% |
| Metals & Mining Sector | 13.8% |
| Capital Goods Sector | 10.8% |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 97.3% | 93.5% |
| 3-Year | 43.9% | 45.4% |
| 5-Year | 26.4% | 26.3% |
| All Time | 13.1% | – |
SBI Small Cap Fund Direct-Growth
In the Top 5 SBI Mutual Fund 2024, SBI Small Cap Fund Direct-Growth comes Second.
Top Holding Company
This Fund is held by a Total of 57 Companies. Top Companies are :
- Blue Star Limited (4.71%)
- Kalpataru Projects International Limited (3.79%)
- Chalet Hotels Limited (3.37%)
- Finolex Industries Limited (3.20%)
- GE T&D India Limited (2.81%)
- Lemon Tree Hotels Limited (2.57%)
- Carborundum Universal Limited (2.46%)
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 14.1% |
| Others Sector | 9.6% |
| Capital Goods Sector | 12.4% |
| Chemical Sector | 9.9% |
| Consumer Discretionary | 14.9% |
| Service Sector | 17.6% |
| Construction Sector | 11.2% |
| Consumer Staples | 10.3% |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 42.3% | 57.1% |
| 3-Year | 26.1% | 28.4% |
| 5-Year | 26.9% | 26.9% |
| All Time | 26.3% | – |
SBI Long-Term Equity Fund Direct Plan-Growth
In the Top 5 Sbi Mutual Fund 2024, SBI Long-Term Equity Fund Direct Plan-Growth comes Third.
Top Holding Company
This Fund is held by a Total of 65 Companies. Top Companies are :
- Torrent Power Limited (3.86%)
- GE T&D India Limited (3.84%)
- ICICI Bank Limited (3.69%)
- State Bank of India (3.20%)
- Cummins India Limited (3.13%)
- Bharti Airtel Limited (3.11%)
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 23.1% |
| Others Sector | 17.0% |
| Energy Sector | 16.2% |
| Healthcare Sector | 9.3% |
| Automobile Sector | 8.6% |
| Capital Goods Sector | 8.6% |
| Construction Sector | 5.1% |
| Techonology Sector | 7.0% |
| Metals & Mining | 5.1% |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 61.1% | 39.8% |
| 3-Year | 29.6% | 20.4% |
| 5-Year | 22.8% | 18.0% |
| All Time | 17.4% | – |
SBI Bluechip Direct Plan-Growth
In the Top 5 Sbi Mutual Fund 2024, SBI Bluechip Direct Plan-Growth comes Fourth.
Top Holding Company
This Fund is held by a Total of 50 Companies. Top Companies are :
- HDFC Bank Limited (8.08%)
- ICICI Bank Limited (7.82%)
- Larsen & Toubro Limited (6.23%)
- ITC Limited (4.81%)
- Bajaj Finance Limited (4.55%)
- Reliance Industries Limited (4.22%)
- Infosys Limited (3.98%)
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 26.3% |
| Others Sector | 18.3% |
| Automobile Sector | 15.1% |
| Healthcare Sector | 8.0% |
| Consumer Staples | 9.8% |
| Technology Sector | 5.1% |
| Construction Sector | 12.3% |
| Concumer Staples | 9.8% |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 25.8% | 39.0% |
| 3-Year | 17.4% | 18.9% |
| 5-Year | 16.3% | 15.9% |
| All Time | 15.8% | – |
SBI Magnum Mid Cap Direct Plan-Growth
In the Top 5 SBI Mutual Fund 2024, SBI Magnum Mid Cap Direct Plan-Growth comes Fifth.
Top Holding Company
A total of 72 Companies hold this Fund. Top Companies are :
- Crisil Limited (4.20%)
- Torrent Power Limited (4.16%)
- Thermax Limited (3.76%)
- Sundaram Finance Limited (3.66%)
- Tube Investment of India Limited (3.10%)
- The Indian Hotels Company Limited (3.04%)
Equity Sector Allocation
| Sector | Percentage |
| Financial Sector | 14.0% |
| Others Sector | 17.4% |
| Automobile Sector | 14.3% |
| Healthcare Sector | 9.1% |
| Capital Goods | 8.5% |
| Service Sector | 13.3% |
| Construction Sector | 10.8% |
| Textiles Sector | 6.9% |
| Chemical Sector | 5.6% |
Annualized Returns on SIP
| Year | Funds Returns | Category Average |
| 1-Year | 41.4% | 54.9% |
| 3-Year | 25.5% | 25.7% |
| 5-Year | 24.8% | 23.2% |
| All Time | 20.6% | – |
Conclusion
A mutual fund is the best option for saving your money; here you can get a good return on your investment. To invest in a mutual fund you can invest a minimum amount of Rs 100 and get a good return on it.
If you are planning to invest in SBI mutual fund then our article helps you to find the best SBI mutual fund. In this, we covered the Top 5 Sbi Mutual Fund 2024. If you have any suggestions related to this article then drop your suggestion into the comment box.
