The State bank of India is one of the most trusted banks in the country. There are many bank products which they offer to the customer to fulfill their financial needs and help them with funds. Now, you have a great chance to multiply your money and create wealth for yourself by investing in mutual fund SBI. The mutual funds is a good way to invest if you want good returns. It is slightly less risky as the funds are managed by the fund managers who are the professional expert. The return is also high as compared to the returns given by banks.
In today's world the investment is necessary and one of the vital part for the financial stability. As the monetary need is one of the utmost requirement of life. There are several needs and dreams which we aspire and wants it to turn into reality. But we all know that everything is related to finance and to accomplish our aim and reach the goal we will need money. Be it traveling, retirement plans, marriage education, child's education So, you should start making smart choices to not only save but to increase your money as well. And Mutual Fund SBI is one of the most reliable sources to do it. You should equip yourself with all kinds of investment before opting for the right scheme for yourself. Read the article to know everything about the mutual fund SBI.
About SBI Mutual Fund:
The SBI Mutual fund Management Pvt. Ltd. Is an Asset Management Company (AMC) which was set up in 1927. It is the joint venture between the State Bank Of India and AMUNDI one of the best asset management company of the world. They have together built the trust and have served the investors. There are several scheme and plan which an investor can choose to multiply the deposited wealth. Given below is the information about the schemes and various plans under the scheme:
Equity Schemes:
These are the plans in which the investment is made in the equity market or shares. It can earn you high returns as compared to others. It is a long term investment. These type of investment is made on growth stock and value stock to get good returns in a long time. The investment is made on the growing stock which has the potential to provide maximum growth opportunities. The different scheme under this categories is as follow:
- SBI Magnum Equity Fund
- SBI Magnum Global Fund
- SBI Magnum Midcap Fund
- SBI Bluechip Fund
- SBI Magnum Multiplier Fund
- SBI Magnum Taxgain Scheme
- SBI FMCG Fund
- SBI Pharma Fund
- SBI IT Fund
- & much more
Debt Scheme:
This is the type of scheme in which the investment is done on the debt, money market securities, corporate bonds, government securities etc. The investment is done for the medium or short term. It ensures the regular and steady flow of income so that you can live your dreams and fulfill your monetary needs. The plans provided under the debt scheme are as follows:
- SBI Magnum Income Fund
- SBI Dynamic Bond Fund
- SBI Savings Fund
- SBI Magnum Gilt Fund- Short Term
- SBI Ultra Short Term Debt Fund
- SBI Short Term Debt Fund
- SBI Magnum Gilt Fund-Long Term
- SBI Corporate Bond Fund
- SBI Treasury Advantage Fund
Hybrid Scheme:
It is the type of investment in which the money is put in the equity market and stocks as well as in the debt or securities. It gives the dual benefit as the funds are diversified in different plans to extract benefit from both the asset investment. It creates the balance between return and risk. The plan under the hybrid scheme are-
- SBI Dual Advantage Fund- Series XVII
- SBI Magnum Balanced Fund
- SBI Magnum Child’s Benefit Plan
- SBI Regular Savings Fund
- SBI Magnum Monthly Income Plan
- SBI Magnum Monthly Income Plan Floater
- SBI Dual Advantage Fund- Series I
- SBI Dual Advantage Fund- Series I
- SBI Dual Advantage Fund- Series III
- SBI Dual Advantage Fund- Series IV
- SBI Dual Advantage Fund- Series V
- SBI Dual Advantage Fund- Series VI
- SBI Dual Advantage Fund- Series VII
- SBI Dual Advantage Fund- Series VIII
- SBI Dual Advantage Fund- Series IX
- SBI Equity Savings Fund
- SBI Dynamic Asset Allocation Fund
- & much more.
Article Source: http://articles.org/invest-in-mutual-fund-state-bank-of-india/
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