SBI Mutual Fund is one of India’s largest public sector mutual fund houses, managing assets worth ₹10,90,735 crore as of February 2, 2025. The fund house operates 125 schemes across equity, hybrid, and debt categories.
In the past year, several SBI mutual funds have delivered over 20% annualized SIP returns, making them highly attractive for investors. Among them, SBI Gold Fund has emerged as the top performer, followed closely by SBI Technology Opportunities Fund and SBI Healthcare Opportunities Fund.
Here’s a detailed analysis of the top 7 SBI mutual funds that have delivered the highest SIP returns in one year.
Top 7 SBI Mutual Funds With Best SIP Returns (1-Year Performance)
| Rank | Fund Name | 1-Year SIP Return (%) | AUM (₹ Crore) | NAV (₹) | Benchmark Index |
|---|---|---|---|---|---|
| 1 | SBI Gold Direct Plan-Growth | 28.34% | 2,583 | 25.49 | Domestic Gold Price |
| 2 | SBI Technology Opportunities Fund Direct-Growth | 21.68% | 4,739 | 244.95 | BSE Teck TRI |
| 3 | SBI Healthcare Opportunities Fund Direct-Growth | 20.06% | 3,628 | 469.78 | BSE Healthcare TRI |
| 4 | SBI International Access – US Equity FoF Direct-Growth | 20.01% | 961 | 17.62 | S&P 500 TRI |
| 5 | SBI Focused Equity Fund Direct-Growth | 9.71% | 34,680 | 368.41 | BSE 500 TRI |
| 6 | SBI CRISIL IBX Gilt Index – June 2036 Fund Direct-Growth | 9.53% | 2,423 | 12.36 | CRISIL IBX Gilt – June 2036 |
| 7 | SBI Magnum Constant Maturity Fund Direct-Growth | 9.15% | 1,771 | 63.61 | NIFTY 10 Yr Benchmark G-Sec Index |
1. SBI Gold Direct Plan-Growth: Best Performer
- Annualized SIP Return: 28.34%
- AUM: ₹2,583 crore
- NAV: ₹25.49
- Benchmark: Domestic Gold Price
- Expense Ratio: 0.1%
- Minimum SIP Investment: ₹500
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year, totaling ₹3,99,996, has grown to ₹4.58 lakh.
Why This Fund?
- Tracks gold price, offering hedge against inflation.
- Safe-haven asset with consistent returns.
- Ideal for long-term wealth preservation.
2. SBI Technology Opportunities Fund Direct-Growth
- Annualized SIP Return: 21.68%
- AUM: ₹4,739 crore
- NAV: ₹244.95
- Benchmark: BSE Teck TRI
- Expense Ratio: 0.84%
- Minimum SIP Investment: ₹500
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.45 lakh.
Why This Fund?
- Invests in technology and digital innovation companies.
- High-growth potential in AI, fintech, and cloud computing.
3. SBI Healthcare Opportunities Fund Direct-Growth
- Annualized SIP Return: 20.06%
- AUM: ₹3,628 crore
- NAV: ₹469.78
- Benchmark: BSE Healthcare TRI
- Expense Ratio: 0.89%
- Minimum SIP Investment: ₹500
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.42 lakh.
Why This Fund?
- Invests in pharma and biotech companies, benefiting from healthcare advancements.
- Long-term growth prospects driven by medical innovations.
4. SBI International Access – US Equity FoF Direct-Growth
- Annualized SIP Return: 20.01%
- AUM: ₹961 crore
- NAV: ₹17.62
- Benchmark: S&P 500 TRI
- Expense Ratio: 0.94%
- Minimum SIP Investment: ₹1,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.42 lakh.
Why This Fund?
- Provides exposure to US equity markets, including top tech stocks.
- Ideal for diversification beyond Indian markets.
5. SBI Focused Equity Fund Direct-Growth
- Annualized SIP Return: 9.71%
- AUM: ₹34,680 crore
- NAV: ₹368.41
- Benchmark: BSE 500 TRI
- Expense Ratio: 0.75%
- Minimum SIP Investment: ₹500
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.21 lakh.
Why This Fund?
- Invests in a concentrated portfolio of high-growth stocks.
- Suitable for investors seeking stable returns with moderate risk.
6. SBI CRISIL IBX Gilt Index – June 2036 Fund Direct-Growth
- Annualized SIP Return: 9.53%
- AUM: ₹2,423 crore
- NAV: ₹12.36
- Benchmark: CRISIL IBX Gilt – June 2036
- Expense Ratio: 0.28%
- Minimum SIP Investment: ₹1,000
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.20 lakh.
Why This Fund?
- Low-risk government securities investment.
- Suitable for long-term stability seekers.
7. SBI Magnum Constant Maturity Fund Direct-Growth
- Annualized SIP Return: 9.15%
- AUM: ₹1,771 crore
- NAV: ₹63.61
- Benchmark: NIFTY 10 Yr Benchmark G-Sec Index
- Expense Ratio: 0.31%
- Minimum SIP Investment: ₹500
- Minimum Lump Sum Investment: ₹5,000
A ₹33,333 monthly SIP investment in this fund over the past year has grown to ₹4.19 lakh.
Why This Fund?
- Focuses on government bonds, ensuring capital safety.
- Suitable for risk-averse investors.
Where Should You Invest?
For high-growth investors, SBI Gold Fund and SBI Technology Opportunities Fund offer the best returns.
For balanced growth, SBI Healthcare and US Equity FoF provide diversification.
For low-risk investors, SBI Gilt and Constant Maturity Funds ensure stable returns.
Read More About SBI FIXED DEPOSIT
By carefully selecting funds based on risk appetite and investment goals, investors can maximize returns while minimizing risks.
