SBI Mutual Fund Plans – Top Performing SIP Schemes

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What are SIP mutual funds? Mutual funds are professionally managed investment vehicles that raise capital from multiple investors. Investors buy MF systems as shares or shares of companies and the profits generated are then distributed among investors according to the ratio of money invested. SIP or Systematic Investment Plan is a method of investing in mutual funds. You can invest by making a lump sum payment or making periodic investments. The regular investment process in the MF system can be referred to as SIP. This means that you agree to pay a fixed sum, say one thousand rupees a month. At the end of the year, you will have invested twelve thousand dollars in the project. Some SIP plans require monthly payments, while others allow payments once every three or six months. The amount of the payment also depends on the scheme.

The advantage of opting for SIP funds is that it introduces financial discipline into your life, requiring you to regularly save a certain amount of your earnings. Plus, regular payments make it affordable for more people. All types of mutual funds do not offer SIP facilities. Liquid funds, cash registers and variable rate debt funds do not have the SIP option. All types of equity, debt and balanced funds generally offer a SIP facility.

SBI plans are a great option for novice investors. SBI MF has more than twenty years of experience and has consistently generated high returns for its investors throughout these years. With an investor base of more than 5.8 million people, it is one of the largest active companies in the country. Here are some of SBI's top performing SIP plans.

  • SBI Magnum Global (growth)
  • SBI Magnum Sector Umbrella – Emerging Companies
  • SBI Magnum Taxgain
  • Scheme SBI Magnum Multiplier Plus


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