How does SBI Mutual Fund work?

As you invest a fixed sum every month through a Systematic Investment Plan (SIP) or lump sum when possible for the long term, your investments grow over time as the returns you earn on them, earn returns as well. So do continue to buy the things you like but ensure you put money itself on your shopping list too!

How can I invest in mutual funds from SBI?

How to Invest

  1. Login on YONO SBI app.
  2. Go to Investment section.
  3. Click on Invest in MF.
  4. Select scheme for Investment.

How do I learn basic mutual funds?

Beginners Guide to Mutual Funds

  1. Start with any amount (as low as 500)
  2. Diversify across multiple stocks and other instruments like debt, gold etc.
  3. Start automated monthly investments (SIP)
  4. Invest without requiring to open DMAT account.

Which SBI Mutual Fund is best for 5 years?

3 SBI Funds That Have Yielded Good Returns In The Last 5 Years

SBI Mutual fund Rating SIP Annualised return in the last 5 years
SBI Technology Opportunities Fund Unrated 36.75%
SBI Focused Equity Value Research 4 star and CRISIL 4-star 21.88%
SBI Magnum Equity ESG Fund CRISIL 1-Star rated 19.57%

Is SBI Mutual Fund Safe?

Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes. Variety of Options: Investing in SBI Mutual Fund comes with a broad Range of choices, you can invest for a short-term, mid-term and long-term in these schemes offered by the SBI.

Which is best SBI Mutual Fund?

SBI MF Top Rated Funds

  • SBI Small Cap Fund Direct-Growth.
  • SBI Magnum Mid Cap Direct Plan-Growth.
  • SBI Focused Equity Fund Direct Plan-Growth.
  • SBI Infrastructure Fund Direct-Growth.
  • SBI Large & Midcap Fund Direct Plan-Growth.
  • SBI Flexicap Fund Direct-Growth.
  • SBI Magnum Equity ESG Fund Direct Plan-Growth.

Which SBI Mutual Fund is best for SIP?

Best Performing SBI Mutual Fund Schemes for SIP Investment

Fund Name 1 Year Return 3 Years Returns
SBI Magnum Multi-cap Fund 10.84% 15.56%
SBI Magnum Tax Gain Fund 7.46% 9.99%
SBI Short Term Debt Fund 4.17% 7.19%
SBI Small and Midcap Fund 20.93% 21.91%

How is NAV calculated?

NAV is calculated by dividing the total value of all the cash and securities in a fund’s portfolio, minus any liabilities, by the number of outstanding shares. The NAV calculation is important because it tells us how much one share of the fund should be worth.