SBI Mutual Fund is India’s Second Largest Mutual Fund after Reliance Mutual Fund. SBI stands for State Bank of India, India’s Largest Public sector Bank.
I Personally love SBI Mutual Funds because of its perfect fund management. Here is the official website of SBI Mutual Fund.
SBI Mutual Fund has several Equity, Debt & Balanced schemes under it. But among all of the schemes, My favourite schemes are two. One is SBI Magnum Global Fund, Mid Cap Fund & second is SBI Magnum Umbrella Contra Fund, Large Cap Diversified Fund. Both of these schemes are my all time favourite schemes. Any Portfolio’s Core Holdings should be any one or both of these schemes. Both of these schemes have an excellent record of Past Performance (More than 5 years).
There are several other schemes also by SBI Mutual Fund which are popular among small Investors. Over all SBI Mutual Fund House is a reputed fund house. The main advantage of SBI Mutual Fund Schemes is that, they are available all over the India very easily at any SBI Branch. SBI is country’s largest Bank so it has branches all over the India.
Anther thing I like about SBI is, Transparent & Excellent Fund Management by its Fund Managers. SBI MF has very intelligent fund managers having a past record of several years. So if you are a new to Mutual Fund Investing than I recommend you to start from SBI Mutual Fund schemes. Simply choose 1 or 2 good schemes as a core holding of you portfolio and start Investing Now…!!!
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