Sbi Mutual Fund Share Price

SBI Mutual Fund is a well-established asset management company in India, operating for more than three decades. It is a collaboration between the State Bank of India and Amundi Asset Management, a renowned global asset management firm. SBI MF holds the position as the largest mutual fund house in India.

The organization possesses a strong distribution system, comprising of more than 223 branches, 33 Investor Service Centres, and a formidable online presence. It has also been honored with numerous accolades for its exceptional investment performance and expertise in fund management.

SBI Mutual Fund Share Price Update as of March 31, 2023

SBI Funds Management Limited has a total of 50,33,05,156 outstanding shares with a face value of Rs. 1 per equity share. The ISIN code for their unlisted shares is INE640G01020 and the lot size for these shares is 100. The share price of SBI Funds Management Limited is considered to be the best in the industry.

SBI Mutual Fund Stock Price

The code U65990MH1992PLC065289 is associated with SBI Mutual Fund.

Incorporation Date of SBI Funds Management Limited

On 07 February 1992, the share price of SBI Mutual Fund experienced changes.

Category/Sub-category of SBI Funds Management Limited

A company that is limited by shares and not affiliated with the government.

The address is located on the 9th floor of Crescenzo building in Bandra Kurla Complex, Mumbai.

SBI Mutual Fund Share Price

Mr. Krishan Kant, the Chief Manager of Zuari Finserv Limited located in New Delhi, can be contacted at Plot No. 2, Community Centre Zamrudpur, Kailash Colony Extension, New Delhi-110048.

What is the return of SBI Mutual Fund last 3 years?

Fund Performance: Over the past 3 years, the SBI Large & Midcap Fund has delivered annualized returns of approximately 21.4%, while over the past 5 years, it has achieved returns of around 20.96%. These figures indicate that the fund has performed well and generated attractive returns for investors.

Equity Category: The SBI Large & Midcap Fund falls under the Equity category of SBI Mutual Funds. This means that the fund primarily invests in stocks or shares of companies listed on stock exchanges. Investing in equity funds can provide potential long-term growth opportunities as they aim to generate higher returns by investing in a diversified portfolio of stocks across different sectors.

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Minimum Investment Amount: To invest in the SBI Large & Midcap Fund, there are minimum investment requirements depending on whether you choose to make a lump sum investment or opt for Systematic Investment Plan (SIP). For lump sum investments, a minimum amount of ₹5,000 is required to start investing in this fund. On the other hand, if you prefer SIP mode where you invest regularly at fixed intervals, such as monthly or quarterly, then a minimum investment amount of ₹500 is needed.

For example, if Mr. Sharma wants to invest his surplus savings for retirement planning over an extended period of time (more than five years), he may consider allocating some portion towards equity funds like SBI Large & Midcap Fund due to its historical performance track record and potential for capital appreciation over time.

However, if Mrs. Verma has short-term goals or a lower risk appetite, she might prefer to invest in debt funds or other conservative investment options that offer stability and regular income.

Principal Business Activities of SBI Funds Management Limited

The following table presents the details of shareholders and their respective shareholdings in SBI Mutual Fund. The Promoters Group holds 99.35% of the total shares, which amounts to 50,00,33,672 shares. On the other hand, Public Shareholding accounts for only 0.65%, with a total of 32,71,484 shares. In total, there are 50,33,05,156 shares representing 100% ownership in the company.

SBI Life mutual fund: Share price inquiry

List:

– The stock has decreased by -1.22% from its last closing price.

– SBI Life Insurance Company has achieved a growth rate of 0.50% this year.

– Over the last five days, there has been an increase of 0.30%.

Industry Outlook

The mutual fund sector plays a crucial role in the financial services industry, offering investors a wide array of investment choices. Despite facing certain difficulties in recent times, the mutual fund industry continues to show resilience and growth.

Passive investing strategies have become increasingly popular in the mutual fund industry, providing investors with cost-effective access to different asset classes. As a result, active fund managers are facing the challenge of proving their worth and delivering favorable returns to justify their fees. Additionally, there has been a rise in environmental, social, and governance (ESG) investing as individuals aim to align their investments with their personal values.

The mutual fund sector is currently encountering regulatory scrutiny, mainly concerning fees and the disclosure of information. Additionally, the emergence of fintech and robo-advisors poses a competitive risk as they provide investors with cost-effective investment choices and customized guidance.

In general, it is anticipated that the mutual fund sector will continue to develop and adjust in order to cater to the evolving requirements and choices of investors. Despite potential temporary obstacles, this industry is expected to maintain its significance as a major participant within the financial services domain.

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Is it possible to invest 2000 rupees in a mutual fund?

To start investing in a mutual fund with SBI (State Bank of India) Mutual Fund, all you need to do is decide on the amount of money you want to put in each month and enter that amount when making your investment decision.

SBI AMC Frequently Asked Questions

The SBI Mutual Fund online portal is designed to provide a seamless and user-friendly experience for investors in India. Here are some of the key features and services offered by the platform:

1. Easy Investment Management: The online portal allows investors to easily manage their mutual fund investments from anywhere, at any time. It provides a convenient way to track portfolio performance, view transaction history, and make additional investments or redemptions.

2. Online Account Opening: Investors can open an account with SBI Mutual Fund through the online portal without any hassle. The process is simple and requires minimal documentation, making it easier for individuals to start investing in mutual funds.

3. Variety of Funds: The platform offers a wide range of mutual fund schemes across different asset classes such as equity, debt, hybrid, and more. Investors can choose funds based on their investment goals, risk appetite, and time horizon.

5. Online Transactions: With the secure online platform provided by SBI Mutual Fund, investors can conveniently carry out various transactions like purchasing units or redeeming units directly from their registered bank accounts.

6. Portfolio Analysis Tools: The online portal also offers tools that help investors analyze their portfolios effectively. These tools provide insights into asset allocation patterns, historical returns analysis, risk assessment measures like standard deviation or beta values etc., enabling informed decision-making.

Should I consider purchasing SBI Life?

The policy offered by SBI Mutual Fund provides excellent coverage, with a 90 percent rate of coverage. Moreover, the claims made through this fund are approximately five percent higher than the initial investment amount. This indicates that investors have the potential to earn significant returns on their investments.

In addition to its strong financial performance, SBI Mutual Fund also excels in providing efficient and timely services. The team at Policybazaar has consistently delivered high-quality service to its customers, ensuring that all queries and concerns are addressed promptly. This level of professionalism instills confidence in investors and strengthens their trust in the company.

How to earn 5 cr in a decade?

Investors looking to create a substantial corpus over a period of time often turn to mutual funds for their potential returns. SBI Mutual Fund is one such option that investors consider due to its reputation and track record. To achieve a target corpus of Rs 5 crore in 10 years, an investor would need to invest Rs 2.15 lakh per month consistently.

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By investing this amount every month for the entire duration, the total investment made by the end of 10 years would be approximately Rs 2.58 crore. This means that out of the final corpus of Rs 5 crore, around half would come from the principal investment itself.

P.S: Investing in mutual funds involves market risks, and past performance does not guarantee future results. It is advisable for investors to conduct thorough research and seek professional advice before making any investments.

What SIP offers 10000 monthly for a duration of 5 years?

The Mirae Asset Large & Midcap Fund has been delivering an impressive annual return of 23.09%. Managed by the renowned Mirae Asset Mutual Fund, this plan has gained recognition as one of the top 10,000 SIPs for a period of 5 years. With its high-risk profile and a substantial asset under management (AUM) amounting to ₹33,295 Crs, this large and midcap mutual fund scheme has successfully attracted investors seeking potential growth opportunities.

Investors who are willing to take on higher risks in pursuit of potentially higher returns may find the Mirae Asset Large & Midcap Fund appealing. This fund primarily invests in a mix of large-cap and mid-cap stocks, aiming to capitalize on their growth potential. The strong track record showcased by this fund over its 11-year existence further adds to its appeal among investors looking for long-term wealth creation.

How much is 5000 for 5 years in SIP?

If you decide to invest Rs. 5,000 every month for a period of 5 years through the Systematic Investment Plan (SIP), with an assumed return rate of 12%, you can expect your total returns to amount to approximately Rs. 1,12,432. This means that by the end of the investment tenure, the value of your investment is estimated to reach around Rs. 4,12,431.

The SIP method allows investors to regularly contribute a fixed amount towards their mutual fund investments at predetermined intervals. By investing in small amounts over a longer duration like five years, individuals can benefit from rupee cost averaging and potentially earn higher returns compared to lump sum investments.

In this scenario, if you consistently invest Rs. 5,000 per month for five years with an expected annual return rate of 12%, your cumulative investment would be Rs.3 lakh (Rs.5000 x 60 months). However, due to compounding effect and market fluctuations over time along with reinvestment of dividends or capital gains earned on your initial investments; it is projected that your total returns will be around Rs.1,12,432.

Investing in mutual funds through SIPs offers potential benefits such as disciplined savings habit-building and long-term wealth creation opportunities while minimizing risks associated with timing the market entry point or making lump sum investments all at once.