Top five equity funds offered by SBI mutual fund!
In terms of total assets under management, the SBI mutual fund ranks first. In this post, we will discuss the top five best SBI MF equity funds. So, keep an eye out!
According to data from the mutual fund industry, assets under management (AUM) stood at Rs 37.92 lakh crore as of December 2021, representing a 22.46 per cent rise over December 2020. As of December 2021, the relative share of equity-oriented schemes is 48.2 per cent, while debt-oriented schemes account for 25.4 per cent of industry assets.
Having said that, there has been a large growth in ETF market share, which has increased from 8.7 per cent in December 2020 to roughly 11 per cent in December 2021. In terms of asset management company (AUM), SBI Mutual Fund leads the pack, followed by ICICI Prudential Mutual Fund and HDFC Mutual Fund.
SBI Mutual Fund had an average AUM of Rs 6.2 lakh crore as of December 2021, followed by ICICI Prudential Mutual Fund and HDFC Mutual Fund, which had average AUMs of Rs 4.84 lakh crore and Rs 4.5 lakh crore, respectively. We will highlight the top five finest equity funds from SBI Mutual Fund in this post.
|
Trailing Returns (%)
|
1-Year
|
3-Year
|
5-Year
|
10-Year
|
|
SBI Small Cap Fund
|
41.2
|
30.9
|
22.2
|
25.6
|
|
SBI Magnum COMMA Fund
|
52.1
|
31.5
|
17.2
|
13.2
|
|
SBI Technology Opportunities Fund
|
43.6
|
31.7
|
28.1
|
20.8
|
|
SBI Contra Fund
|
36.6
|
25.6
|
16.7
|
15.0
|
|
SBI Magnum Midcap Fund
|
40.0
|
26.2
|
14.6
|
20.8
|