7 Best Equity Mutual Funds by SBI MF 2023
SBI Mutual Fund is one of the most trusted and popular mutual fund companies in India. It offers a wide range of equity mutual funds for investors with different investment objectives and risk appetites. In this essay, we will discuss the 7 best equity mutual funds by SBI MF that investors can consider investing in 2023.
- SBI Contra Fund:
The SBI Contra Fund is an open-ended equity scheme that invests in contrarian investment opportunities. The fund aims to provide long-term capital appreciation by investing in undervalued stocks that have the potential to generate high returns in the long run. The fund has a diversified portfolio of stocks across different sectors, and its AUM stands at around Rs. 2,600 crore.
The SBI Contra Fund has delivered an average annual return of 14.51% over the past 5 years, 10.67% over the past 3 years, and 25.21% over the past year. The fund has outperformed its benchmark and peers in terms of returns over the long term.
- SBI Magnum Mid Cap Fund:
The SBI Magnum Mid Cap Fund is an open-ended equity scheme that invests in mid-cap companies with strong growth potential. The fund aims to provide long-term capital appreciation by investing in high-quality mid-cap stocks with sustainable business models and strong growth potential. The fund has a well-diversified portfolio of mid-cap stocks across different sectors, and its AUM stands at around Rs. 6,800 crore.
The SBI Magnum Mid Cap Fund has delivered an average annual return of 16.19% over the past 5 years, 13.53% over the past 3 years, and 39.12% over the past year. The fund has consistently delivered superior returns compared to its benchmark and peers, and is a good investment option for investors looking for exposure to mid-cap stocks.
- SBI Small Cap Fund:
The SBI Small Cap Fund is an open-ended equity scheme that invests in small-cap companies with strong growth potential. The fund aims to provide long-term capital appreciation by investing in high-quality small-cap stocks with sustainable business models and strong growth potential. The fund has a well-diversified portfolio of small-cap stocks across different sectors, and its AUM stands at around Rs. 11,000 crore.
The SBI Small Cap Fund has delivered an average annual return of 20.17% over the past 5 years, 16.84% over the past 3 years, and 72.08% over the past year. The fund has consistently delivered superior returns compared to its benchmark and peers, and is a good investment option for investors looking for exposure to small-cap stocks.
- SBI Consumption Opportunities Fund:
The SBI Consumption Opportunities Fund is an open-ended equity scheme that invests in companies that benefit from the growing consumption demand in India. The fund aims to provide long-term capital appreciation by investing in high-quality companies across different sectors that are expected to benefit from the rising consumption demand in India. The fund has a well-diversified portfolio of stocks across different sectors, and its AUM stands at around Rs. 2,000 crore.
The SBI Consumption Opportunities Fund has delivered an average annual return of 12.69% over the past 5 years, 9.94% over the past 3 years, and 33.35% over the past year. The fund has outperformed its benchmark and peers in terms of returns over the long term, and is a good investment option for investors looking to benefit from the rising consumption demand in India.
- SBI Infrastructure Fund:
The SBI Infrastructure Fund is an open-ended equity scheme that invests in companies that are involved in infrastructure development in India. The fund aims to provide long-term capital appreciation by investing in high-quality infrastructure companies across different sectors that are expected to benefit from the government’s focus on infrastructure development in India. The fund has a well-diversified portfolio of stocks across different sectors, and its AUM stands at around Rs. 1,400 crore.
The SBI Infrastructure Fund has delivered an average annual return of 14.69% over the past 5 years, 9.55% over the past 3 years, and 46.38% over the past year. The fund has outperformed its benchmark and peers in terms of returns over the long term, and is a good investment option for investors looking to benefit from the government’s focus on infrastructure development in India.
- SBI Technology Opportunities Fund:
The SBI Technology Opportunities Fund is an open-ended equity scheme that invests in companies that are involved in the technology sector. The fund aims to provide long-term capital appreciation by investing in high-quality technology companies across different sectors that are expected to benefit from the increasing adoption of technology in India. The fund has a well-diversified portfolio of stocks across different sectors, and its AUM stands at around Rs. 3,600 crore.
The SBI Technology Opportunities Fund has delivered an average annual return of 23.70% over the past 5 years, 21.77% over the past 3 years, and 50.09% over the past year. The fund has consistently delivered superior returns compared to its benchmark and peers, and is a good investment option for investors looking to benefit from the increasing adoption of technology in India.
- SBI Large and Midcap Fund:
The SBI Large and Midcap Fund is an open-ended equity scheme that invests in both large-cap and mid-cap companies. The fund aims to provide long-term capital appreciation by investing in high-quality companies across different sectors that have the potential to deliver sustainable growth over the long term. The fund has a well-diversified portfolio of stocks across different sectors, and its AUM stands at around Rs. 8,300 crore.
The SBI Large and Midcap Fund has delivered an average annual return of 15.44% over the past 5 years, 12.59% over the past 3 years, and 39.89% over the past year. The fund has consistently delivered superior returns compared to its benchmark and peers, and is a good investment option for investors looking for exposure to both large-cap and mid-cap stocks.
Conclusion:
In conclusion, SBI Mutual Fund offers a wide range of equity mutual funds for investors with different investment objectives and risk appetites. The 7 best equity mutual funds by SBI MF that we have discussed in this essay are the SBI Contra Fund, SBI Magnum Mid Cap Fund, SBI Small Cap Fund, SBI Consumption Opportunities Fund, SBI Infrastructure Fund, SBI Technology Opportunities Fund, and SBI Large and Midcap Fund. These funds have consistently delivered superior returns compared to their benchmarks and peers, and are good investment options for investors looking to create wealth over the long term. However, it is important for investors to do their own research and consult with a financial advisor before making any investment decisions.
