SBI Mutual Fund: Best Reliable Fund for Your Portfolio

Investing is more than just a financial decision, it is a step toward securing your future. SBI Mutual Fund was established in 1987 by the largest public sector bank in India, the State Bank of India. Over the years, this AMC has empowered millions of investors with opportunities to grow their wealth. Whether you are a beginner or a professional investor this fund has something to offer everyone.

In this article, you will learn about benefits, the best SBI mutual fund, investment strategies and many other things.

What is SBI Mutual Fund?

This asset management company is one of the largest and most trusted funds in the country. It is a joint venture between the State Bank of India (SBI) and AMUNDI, a French AMC. It was set up on 29 June 1987 and since then it has been the most trusted and reliable mutual fund provider in the country. It is one of the oldest fund companies in India. It has a long and successful track record in the Indian Financial market. This fund offers a wide range of fund schemes such as equity funds, debt funds, hybrid funds and ETFs. This allows investors to choose funds with their choice and match their financial goals.

After understanding the about this fund lets see what are its investment strategies.

What is the Investment Philosophy of SBI Mutual Fund? 

SBI Mutual Funds investment strategy includes the creation of long term value for their investors using a disciplined approach. Such strategies are:

1. Value Investing

This fund finds companies that are fundamentally strong and possess good growth potential but are currently trading at a discounted valuation.

2. Growth Investing

Buying a company with fantastic growth expectations, even if its stock price is not justified at the moment.

3. Blend Investing 

Utilizing both elements of traditional value investing and growth investing.

4. Top Down / Bottom Up

Studying macroeconomic factors and industry as well as specific company fundamentals.

How can SBI mutual funds be beneficial for you?

1. Different Ways to Invest Money

This AMC has different types of mutual funds to suit different investors like high risk, moderate risk and low risk.

2. Well Managed Fund

This mutual fund employs experienced fund managers who make calculated investments to maximize profits and manage funds.

3. Easy to Invest

Investment can be made via several other channels too, such as online websites, mobile applications and banks.

4. Benefits of Systematic Investment Plans

Beginners as well as experienced investors can make small investments in wealth-generating SIPs regularly under SBI mutual fund calculators so that it will be easy to monitor the investment.

Top SBI Mutual Funds

1. SBI PSU Fund

This fund was launched on July 7, 2010. Since then it has been reliable and trustworthy to investors. This company has total assets of Rs. 4,542.83 Cr.

2. SBI Contra Fund

It is a Contra fund offered by SBI. It was established on July 14, 1999. This fund has total assets of Rs. 41,634 Cr. The smallest investment you can make in this fund is Rs. 5000.

3. SBI long term Equity Fund

This fund offers a lock-in for three years and offers to save tax also. This fund was launched on March 31, 1993. The total assets of this fund are Rs. 27,305.51 Cr.

These are the Top best SBI mutual funds you can consider investing.

Why should you invest in an SBI mutual fund?

Investing in this mutual fund offers many advantages like

1. Strong Parentage and Trust

Being backed by SBI, India’s most trusted public sector bank, gives SBI Mutual Fund a high degree of credibility and reliability.

2. Diversification

The fund invests in diverse sectors and companies to divide the risk and increase profit. This process minimizes the poor impact of a single sector or a company.

3. Shorter lock-in Period

The best thing to invest in this fund is the shorter lock-in period because the three lock-in period provided by one of its schemes makes it much shorter to save tax as compared to PPF which has 15 years and FD which is 6-7 years. This provides investors with high liquidity and more flexibility.

4. Dual advantage

The rare combination of tax saving and wealth creation made by ELSS mutual fund makes it more likable to the investor and it is suitable for the investor who is looking to achieve both financial goals.

Lets find out how you can find the best SBI mutual fund.

How to invest in an SBI Mutual Fund?

Investing In the right way is very important so let us see how you can invest:

1. SBI Mutual Fund Website

Investors can invest through their official website. They also have SBI mutual fund calculator  which provides the approximate returns right before investing through the user friendly UI.

2. Online Platform

Investors do have some well-known options when choosing which third party to deposit funds through. They can even initiate SIPs on these platforms and increase investment volumes step by step as well.

The investor simply needs to complete their KYC and verification processes using their PAN and Aadhar card before investing through any of the applications

3. Through Financial Adviser

Consulting a financial adviser can help you to align your overall investment and financial goals this makes this make the work easy for the investor to handle the portfolio.

After knowing all the facts about this AMC, let's conclude.

Conclusion

In short, this asset management company is one of the biggest and largest funds in the country. With a strong foundation backed by the State Bank of India, it provides various risk appetite and financial goals to the investors. With a different range of schemes, and strong fund management this fund become a reliable investment option for investors looking to grow their money. You can start SIP in every scheme offered by this fund so that you can invest periodically. Hence, this fund is the ultimate way to make you wealthy.