Sbi Banking And Financial Services Fund Direct Growth

Invest in the SBI Banking and Financial Services Fund Direct Growth effortlessly by following a straightforward three-step investment process. Experience the benefits of your investments quickly and easily.

What is the monthly SIP amount for a 10-year investment period that totals to 4000?

If you have a monthly investment of Rs. 4,000 for a period of 10 years with an expected rate of return at 10%, you can input these values into the designated boxes on the calculator. The calculator will then provide you with the total corpus that you would earn. In this particular scenario, your total corpus would amount to Rs. 8.3 lakhs.


– You want to invest Rs. 4,000 per month for a duration of 10 years.

– The expected rate of return is set at 10%.

– Input these values in the specified boxes on the calculator.

– The calculator will generate and display the corpus earned.

– For this specific case, your total corpus amounts to Rs. 8.3 lakhs

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Frequently Asked Questions

Equity funds are investment plans that primarily focus on investing in shares of companies with varying market values.

Understanding the classifications of equity funds: large cap, mid cap, small cap, and multi cap

SEBI classifies listed companies according to their market capitalization. Large-cap funds focus on the top 100 companies, while mid-cap funds target those ranked between 101 and 250. Small-cap funds invest in companies ranked from 251st onwards. Multi-cap funds have a more diversified approach, investing in small cap, mid cap, and large cap companies.

What are ELSS funds?

ELSS funds are mutual funds that offer tax benefits and primarily invest in equity schemes. These funds come with a mandatory lock-in period of 3 years.

Understanding Bluechip Funds

Bluechip funds are investment funds that focus on purchasing stocks of established companies with a proven track record of strong financial performance over an extended period.

Understanding the concept of lock-in period

The lock-in period refers to the duration during which your investment in a mutual fund remains inaccessible. While many mutual funds do not have any lock-in period, tax-saving schemes like ELSS have a minimum lock-in of 3 years, which is the shortest among other options eligible for tax deduction under section 80C. The lock-in period starts from the date of investment and may vary for investments made through SIPs.

Is KYC mandatory for BLACK?

All fund houses require KYC documentation. If you choose to invest through BLACK, completing your KYC process once will suffice for all future investments.

Understanding the Mandate (Auto-SIP) Concept

A Mandate is a single registration that allows you to authorize your bank account to deduct a specific amount of money from your account on a daily basis for investing in an SIP portfolio. Once you have registered for the Mandate, there is no need to go through the payment process every time you want to invest in the SIP.

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What is the 10-year SIP for an amount of 5000?

According to the SIP calculator, if you invest Rs 5000 every month in the direct plan of SBI Banking and Financial Services Fund, your investment would have grown to approximately Rs 27.7 lakh in 10 years. On the other hand, if you choose the regular plan, your monthly SIP of Rs 5000 would have grown to around Rs 24.8 lakh in the same time period.

SBI Banking and Financial Services Fund is a mutual fund scheme offered by SBI Mutual Fund. It falls under the category of banking and financial services funds, which means that it primarily invests in stocks or securities related to banks and financial institutions.

Investing through a systematic investment plan (SIP) allows individuals to regularly invest a fixed amount at predefined intervals into their chosen mutual fund scheme. This helps them benefit from rupee cost averaging and potentially earn higher returns over time.

– Investing the same amount for the same duration but opting for its regular plan may yield around Rs 24.8 lakh.

– This mutual fund scheme focuses on banking and financial services companies.

Which SIP offers the highest return over a 5-year period?

Quant Small Cap Fund, the leading performer in its category, has delivered impressive returns of 46.70% on SIP investments over a five-year period. This fund has consistently outperformed its peers and has become a popular choice among investors seeking high growth potential in small-cap stocks. With its strong track record and robust investment strategy, Quant Small Cap Fund has proven to be an excellent option for those looking to capitalize on the potential of smaller companies.

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On the other hand, Nippon India Small Cap Fund stands as the largest scheme in the small-cap category based on assets managed. Despite facing market volatility and economic uncertainties, this fund has managed to offer attractive returns of 37.92% on SIP investments over a five-year horizon. Its ability to navigate through challenging market conditions while generating consistent growth is commendable.

What is the highest return of any SBI Mutual Fund in 5 years?

SBI Small Cap Fund Direct Growth Fund Performance:

– The SBI Small Cap Fund has delivered annualized returns of 25.8% over the past three years and 27.35% over the last five years.

– The SBI Small Cap Fund falls under the Equity category of SBI Mutual Funds.