SBI SIP Plan - 2023 - Detail Analysis

1. SBI Technology Opportunities Fund - Regular Plan-Growth

SBI Technology Opportunities Fund - Regular Plan - Growth fund aims to generate capital appreciation by investing in companies belonging to the technology sector. The fund invests in a diversified portfolio of technology companies, including large-cap, mid-cap, and small-cap companies.

NAV	Expense Ratio	Fund type	Min investment
₹153.25	2.06%s	Equity	Rs. 5000

SBI Technology Opportunities Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	22.31%	1,20,000	15,538
3 year	24.31%	3,60,000	1,73,121
5 year	19.59%	6,00,000	4,22,329
10 year	16.76%	12,00,000	19,09,071

2. SBI Small Cap Fund Regular Plan-Growth

SBI Small Cap Fund Regular Plan Growth fund aims to generate capital appreciation by investing in small-cap companies. The fund invests in a diversified portfolio of small-cap companies, including companies from various sectors. This is the best sip plan as it uses a bottom-up approach to stock selection, focusing on factors such as financial performance, management quality, and industry trends.

NAV	Expense Ratio	Fund type	Min investment
₹130.301	1.69%	Equity	Rs. 500

SBI Small Cap Fund Regular Plan Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	18.07%	1,20,000	12,419
3 year	30%	3,60,000	2,27,339
5 year	21.82%	6,00,000	4,90,911
10 year	25.85%	12,00,000	44,45,158

3. SBI Magnum Midcap Fund Regular Growth

SBI Magnum Midcap Fund Regular Growth fund aims to generate capital appreciation by investing in mid-cap companies. This is the best SBI SIP plan which uses a bottom-up approach to stock selection, focusing on factors such as financial performance, management quality, and industry trends.

NAV	Expense Ratio	Fund type	Min investment
₹174.77	1.78%	Equity	Rs. 500

SBI Magnum Midcap Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	21.64%	1,20,000	15,039
3 year	34.33%	3,60,000	2,27,339
5 year	21.45%	6,00,000	4,79,159
10 year	20.68%	12,00,000	27,96,650

4. SBI Infrastructure Fund Regular Growth

SBI Infrastructure fund's regular growth generates capital appreciation by investing in equity and equity related instruments of companies in the infrastructure sector. This fund is suitable for investors who have a high risk appetite and are looking to invest in the infrastructure sector for the long term.

NAV	Expense Ratio	Fund type	Min investment
₹34.4171	2.240%	Equity	Rs. 5000

SBI Infrastructure Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	35.4%	1,20,000	21,813
3 year	34.73%	3,60,000	1,68,326
5 year	20.82%	6,00,000	5,18,364
10 year	17.43%	12,00,000	18,17,495

5. SBI Contra Fund Regular Growth

SBI Contra fund Regular growth generates capital appreciation by investing in a diversified portfolio of equity and equity related instruments of companies across market capitalizations, sectors and industries It is the best SBI SIP plan fund as it has outperformed its benchmark and category over the long term

NAV	Expense Ratio	Fund type	Min investment
₹272.50	1.730%	Equity	Rs. 500

SBI Contra Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	29%	1,20,000	14,641
3 year	38.76%	3,60,000	1,50,714
5 year	22.17%	6,00,000	5,62,951
10 year	17.31%	12,00,000	18,17,495

6. SBI Large & Midcap Fund Regular Growth

SBI Large & Midcap Fund Regular Growth generate capital appreciation by investing in equity and equity-related instruments of companies in the large and midcap segment.

This fund is suitable for investors who have a high-risk appetite and are looking to invest in large and midcap stocks for the long term.

NAV	Expense Ratio	Fund type	Min investment
₹437.79	0.850%	Equity	Rs. 500

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	17.22%	1,20,000	7,409
3 year	28.38%	3,60,000	91,647
5 year	16.92%	6,00,000	3,48,445
10 year	17.3%	12,00,000	14,41,733

7. SBI Magnum Global Fund Regular Growth

SBI Magnum Global Fund generates capital appreciation by investing in equity and equity-related instruments of companies across the globe.

This fund is suitable for investors who have a very high-risk appetite and are looking to invest in global stocks for the long term.

NAV	Expense Ratio	Fund type	Min investment
₹322.762	1.900%	Equity	Rs. 500

SBI Magnum Global Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	15.8%	1,20,000	6,313
3 year	21.43%	3,60,000	59,302
5 year	15.39%	6,00,000	2,89,398
10 year	17.13%	12,00,000	12,23,732

8. SBI Flexicap Fund Regular Growth

SBI Flexicap Fund growth generates capital appreciation by investing in equity and equity related instruments across market capitalization spectrum. This fund is suitable for investors who have a high risk appetite and are looking to invest in a diversified basket of equity stocks for the long term.

NAV	Expense Ratio	Fund type	Min investment
₹83.50	1.720%	Equity	Rs. 500

SBI Flexicap Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	15.15%	1,20,000	8,763
3 year	22.55%	3,60,000	74,821
5 year	13.66%	6,00,000	2,89,398
10 year	16.36%	12,00,000	12,23,732

9. SBI Equity Hybrid Fund Regular Growth

SBI Equity hybrid fund generates capital appreciation by investing in a mix of equity and debt instruments. The fund aims to invest 65%-80% in equity and equity-related instruments and 20%-35% in debt instruments. This is the best SBI SIP plan for investors who have a moderately high-risk appetite and are looking to invest in a hybrid fund that offers a combination of equity and debt exposure.

NAV	Expense Ratio	Fund type	Min investment
₹219.57	1.460%	Hybrid	Rs. 1000

SBI Equity Hybrid Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	10.45%	1,20,000	6,702
3 year	17.57%	3,60,000	53,321
5 year	12.62%	6,00,000	2,10,157
10 year	16.36%	12,00,000	10,11,579

10. SBI Bluechip Fund Regular Growth

SBI Bluechip Fund Regular Growth is a large-cap equity mutual fund managed by SBI Mutual Fund. It is an open-ended fund that seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of large-cap equity stocks.

NAV	Expense Ratio	Fund type	Min investment
₹69.00	1.57%	Equity	Rs. 500

SBI Bluechip Fund Return Analysis

Year	Returns	Invested amount (10,000/per month)	Estimated Return
1 year	18.12%	1,20,000	7,135
3 year	23.19%	3,60,000	71,219
5 year	14.35%	6,00,000	2,75,595
10 year	14.95%	12,00,000	11,61,001

How to Start an SBI SIP: Step-by-Step Guide:

Investing in mutual funds through a Systematic Investment Plan (SIP) has never been easier, especially with the convenience and expertise offered by ZFunds, a trusted platform for mutual fund investments. If you're ready to take control of your financial future and embark on a journey of wealth creation, follow this step-by-step guide to start an SBI SIP using the best mutual fund app provided by ZFunds.

Step 1: Download and Install the ZFunds App:

Head to your app store and search for the ZFunds app.
Download and install the app on your smartphone for easy access.

Step 2: Sign Up or Log In:

If you're a new user, sign up for a ZFunds account. Provide the required information and complete the verification process.
If you're an existing user, simply log in to your account.

Step 3: Explore Available SBI SIP Plans:

Once logged in, navigate to the "Investments" section.
Browse through the list of available SBI SIP plans facilitated by ZFunds.

Step 4: Choose the Right SBI SIP Plan:

Assess your financial goals, risk tolerance, and investment horizon.
Select the SBI SIP plan that aligns with your objectives.

Step 5: Fund Allocation and Investment Amount:

Decide the amount you want to invest in the chosen SBI SIP plan.
Allocate funds from your bank account to your ZFunds wallet.

Step 6: Set Up SIP Frequency:

Choose your preferred investment interval – weekly, monthly, or quarterly.
ZFunds offers flexible options to match your income cycle.

Step 7: Authorize Auto-Debit:

Link your bank account to authorize automatic debits for SIP investments.
ZFunds ensures hassle-free contributions without manual intervention.

Step 8: Review and Confirm:

Review your selected SBI SIP plan, investment amount, and SIP frequency.
Confirm the details to initiate your SIP investment.

Step 9: Monitor and Manage:

ZFunds' best mutual fund app provides real-time updates on your SIP investments.
Track your portfolio's performance, returns, and growth.

Step 10: Stay Informed and Grow:

ZFunds offers educational resources, market insights, and investment tips.
Regularly update your investment strategy based on changing goals.

Why Choose ZFunds and SBI SIP:

ZFunds offers a seamless user experience and a wide range of investment options.
SBI SIP plans facilitated through ZFunds provide expert-managed funds and historical performance data.
Enjoy the benefits of automated investing, disciplined wealth creation, and convenient portfolio management.

SBI SIP Calculator

A general idea regarding returns from SBI SIP plans can help investors make informed investment decisions. However, gauging returns from SIP plans can be a challenging task. That’s where the SBI SIP calculator comes into the picture! This online calculator can help you understand your returns from your State Bank of India SIP plan. All you need to do is provide a few inputs, such as your investment amount and investment duration, and the tool calculates your total returns at the time of maturity. You can use ZFunds’ online SIP calculator to understand your returns from State Bank of India mutual fund SIP investments.

Frequently Asked Questions about SBI SIP Investment Plan

Q. What are the charges for investing in an SBI SIP investment plan?

A. SBI Mutual Fund charges a small fee, known as the expense ratio, which is deducted from the investment amount. The expense ratio varies from scheme to scheme and is disclosed in the scheme's offer document.

Q. What is the minimum amount for SBI SIP?

A. The minimum SIP investment amount depends on the mutual fund scheme. While most SBI mutual fund schemes have a minimum monthly SIP amount of INR 500, there are some schemes that need investors to put in at least INR 1000 per month.

Q. What if I miss an SBI SIP installment?

A. There is no penalty for missing a SIP installment. However, it is important to note that your systematic investment plan may be canceled if you miss three consecutive SBI SIP installments.

Q. What is the benefit of the SBI SIP plan?

A. Investing in SBI mutual funds through a SIP plan has several benefits. For instance, you do not have to worry about timing the market as a systematic investment plan always averages your buying price. Moreover, SIPs also make you disciplined as you invest a part of your earning every week, month, quarter, or year.

Q. How do I start an SBI SIP plan?

Answer: To start an SBI SIP plan, you need to follow these steps:

Open an SBI mutual fund account if you don't already have one.
Select the mutual fund scheme you wish to invest in.
Determine the SIP amount and frequency (e.g., monthly).
Fill out the SIP registration form and provide the necessary documents.
Set up an auto-debit mandate for your bank account.
Once approved, your SIP will start automatically.

Q. Can I Change or Pause my SBI SIP Plan?

Answer: Yes, you can make changes to your SBI SIP Plan. You can increase or decrease your SIP amount, change the frequency, or even pause your SIP temporarily if needed. These changes can usually be done through the SBI Mutual Fund's online portal or by contacting their customer support.