SBI Mutual funds has launched several mutual funds that are performing well in the markets. They are generating consistent returns for the past 6 months, 1 year and 3 years. SBI launched some of the schemes with systematic investment plans. This was a huge success as most of the retail investors benefited from this scheme, as they were able to invest a part of their savings every month.
A lot of SBI schemes are available with systematic investment plans. You have to compare the best SBI sip plan and invest in that particular scheme, so that you can generate more returns for your investments.
Some of the SBI Schemes that have SIP options are:
- SBI Magnum Sector Funds Umbrella – Contra Fund
- SBI Magnum Sector Funds Umbrella – Emerging Fund
- SBI Magnum Midcap Fund
- SBI Magnum Taxgain scheme 93.
Compare the best SBI SIP Plan:
You have to compare the best SBI SIP plan so that you can generate more returns for your investments. You should get the details of the past returns generated by the SBI sip plans for the past 6 months, 1 years and 3 years. You should analyze if the returns generated by these schemes were consistent. Some of the schemes would have performed well even when the stock markets were in recession. Such plans would generate good returns. This shows the ability of the corresponding fund managers to take wise decisions in critical situations. But please note that in mutual funds, the past performance is not guaranteed in future.
Next Step: Start investing in the best SIP Plan:
You should analyze the best scheme and invest in that scheme. You can apply online for the SIP scheme from the leading websites.