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Invest in these schemes of SBI became rich, got great returns in 5 years

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SBI Mutual Fund: In today’s era, according to which inflation is increasing, it should not affect you, so investing in the right place has become very important.


In such a situation, if you are worried about what would be a better option for investment, then let us tell you that Mutual Fund SIP (Systematic Investment Plan) can be a better option. According to tax and investment experts, if we invest in SIP for medium and long term, then the chances of losing the principal are less. But how you choose it is more important.

If we talk about State Bank of India Mutual Funds then SBI Technology Opportunities Fund, SBI Focused Equity and SBI Magnum Equity ESG Fund are the plans which have given excellent returns over the last 5 years. The good thing is that they have given great returns both in lump sum and SIP. Let us know where the maximum benefit has been-

1- SBI Technology Opportunities Fund: According to Value Research data, if a lump sum deposit of Rs 1 lakh is made, it becomes Rs 3.26 lakh in 5 years. At the same time, if SIP investors start the month with 10 thousand rupees, after 5 years it has become Rs 14.51 lakh in today’s time.

2- SBI Focused Equity: People investing here have also got very good returns. According to Value Research data, if a person had invested a lump sum of Rs 1 lakh in this scheme 5 years ago. So in today’s time it has increased to 2.19 lakhs. At the same time, if someone started with a monthly SIP of Rs 10 thousand, then now it has increased to Rs 10.23 lakh.


3- SBI Magnum Equity ESG Fund : People investing here too have been able to get great returns in the last five years. If an investor had started with a monthly SIP of Rs 10,000 five years ago, he would get Rs 9.68 lakh as of today. At the same time, a person who deposited Rs 1 lakh in lump sum would have received Rs 1.93 lakh.

 

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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