Over the past decade, SBI Mutual Fund’s disciplined SIP offerings have delivered impressive wealth accumulation, with annualized 10‑year SIP returns ranging from 19.23% to 20.91%. A ₹10,000 monthly SIP started 10 years ago in the SBI Technology Opportunities Fund would today be worth over ₹36 lakh, illustrating the power of rupee cost averaging and long‑term compounding of equity investments.
SIP vs Lumpsum: The Investor’s Dilemma
Systematic Investment Plans (SIPs) allow investors to commit smaller sums regularly, thereby minimizing the risk of market timing and harnessing market volatility in their favour. By averaging into the market over time, SIPs offer stress‑free investing and make equity exposure accessible even to those with limited capital. In contrast, lump sum investments require larger upfront capital and carry the risk of entering the market at a peak.
Top 5 SBI Mutual Funds with Highest SIP Returns Over 10 Years
1. SBI Technology Opportunities Fund – Direct Plan
- 10‑Year SIP Return: 20.91% (annualised)
- Value of ₹10,000 Monthly SIP: ~₹36.14 lakh
- 10‑Year Lump Sum Return: 18.06% (annualised)
- AUM: ₹4,225 crore (as on April 30, 2025)
This sectoral/thematic fund, launched in January 2013, has consistently capitalized on the technology sector’s growth, making it the top performer in SBI’s stable of equity schemes.
2. SBI Contra Fund – Direct Plan
- 10‑Year SIP Return: 20.73% (annualised)
- Value of ₹10,000 Monthly SIP: ~₹35.75 lakh
- 10‑Year Lump Sum Return: 16.78% (annualised)
- AUM: ₹44,069 crore (as on April 30, 2025)
As SBI’s flagship contra fund, it invests contrarianly across sectors, delivering robust performance through cycles.
3. SBI Small Cap Fund – Direct Plan
- 10‑Year SIP Return: 20.48% (annualised)
- Value of ₹10,000 Monthly SIP: ~₹35.35 lakh
- 10‑Year Lump Sum Return: 19.93% (annualised)
- AUM: ₹31,790 crore (as on April 30, 2025)
Focusing on smaller companies, this fund has harnessed the high‑growth potential of the small‑cap universe to reward long‑term investors.
4. SBI Infrastructure Fund – Direct Plan
- 10‑Year SIP Return: 19.94% (annualised)
- Value of ₹10,000 Monthly SIP: ~₹34.24 lakh
- 10‑Year Lump Sum Return: 16.40% (annualised)
- AUM: ₹4,872 crore (as on April 30, 2025)
This sectoral fund taps into India’s infrastructure growth story, from highways to power, to generate long‑term capital appreciation.
5. SBI PSU Fund – Direct Plan
- 10‑Year SIP Return: 19.23% (annualised)
- Value of ₹10,000 Monthly SIP: ~₹33.00 lakh
- 10‑Year Lump Sum Return: 13.72% (annualised)
- AUM: ₹5,035 crore (as on April 30, 2025)
Investing in public sector undertakings, this thematic fund has combined stability with reasonable growth over the last decade.
Comparison Table
| Fund Name | 10‑Year SIP Return (p.a.) | SIP Value of ₹10k/month | 10‑Year Lump Sum Return (p.a.) | AUM (₹ Cr) |
|---|---|---|---|---|
| SBI Technology Opportunities Fund | 20.91% | ₹36.14 lakh | 18.06% | 4,225 |
| SBI Contra Fund | 20.73% | ₹35.75 lakh | 16.78% | 44,069 |
| SBI Small Cap Fund | 20.48% | ₹35.35 lakh | 19.93% | 31,790 |
| SBI Infrastructure Fund | 19.94% | ₹34.24 lakh | 16.40% | 4,872 |
| SBI PSU Fund | 19.23% | ₹33.00 lakh | 13.72% | 5,035 |
Conclusion
These five SBI funds showcase the potential of equity SIPs to create substantial wealth over a 10‑year horizon. While past performance does not guarantee future returns, their track records—from technology to infrastructure and small‑cap to PSU themes—offer a diversified mix suited to different risk profiles. Always align your choice with your investment horizon, risk appetite and financial goals, and consider consulting a certified financial advisor before making investment decisions.