Meet the Investment Goals with SBI Mutual Fund

We all have some goals in life, and we keep on developing ideas for achieving them. After fulfilling one desire, we switch to another one. The most important fact which helps us to accomplish a goal is a good support. Without a driver a car cannot move, similarly, without the wings, a bird cannot fly, here a driver and the wings are acting as supporters.

We all have monies with us, but do we have the power of converting the money into wealth? SBI mutual fund has it. The money that we put into various investment strategies provides different benefits. But if we can get some extra of it with a supporting drive, then why not go for the same! The State Bank of India, which is one of the greatest achievers in its field has the power to provide the best support to a mutual fund investor, by the SBI mutual fund.

SBI MF, is a product from India’s largest bank, the State Bank of India. It was incorporated on 7th February 1992, under the trusteeship of the SBI Mutual Fund Trustee Company Private Limited. Till then it is performing at a growing rate in the investment market. It has the assets managed Rs. 100054.58 crore as on 31st December 2015, which shows a sound market position of the same. We always want to join hands with a renowned organisation so that we could have complete trust on the same. SBI mutual funds provide the same.

There are various schemes run by the SBI mutual funds which are categorised as under:

1. Equity Funds: The plan structured under this are aimed for long-term investment, providing capital appreciation and growth. They offer good returns to the investor but higher in the long run.
2. Debt Funds: The schemes herein provide regular and fixed income returns. The investments are made in the debt capital of the companies and fetch interest. These are less prone to the risk factor.
3. Hybrid Funds: Hybrid provides the mixture of both the funds viz., debt and equity. The investment under this category is made in both these funds proportionately.
4. Exchange Traded Funds: SBI mutual funds provides an Exchange Traded Fund (ETF) which is a basket of securities that is traded on the stock exchange. The units of ETFs can be bought and sold on the exchange during the trading hours.
5. Liquid Schemes: Under this class, the plans are made to provide a short-term benefit to the investor. Those who wish to invest for a shorter span of time can take the benefits of the schemes. These are highly liquid which means it provides easy cash convertibility.
6. Fixed Maturity Plans: This category covers the close-ended schemes which have fixed maturity period and cannot be withdrawn before the due date.

Accordingly, the investor is left with a choice to opt any scheme of any class as per his desire. This can be assured with the overwhelming record of the SBI mutual funds that they shall provide everything to meet the goals of investment of an investor.

SBI mutual funds online provide ease to the investor of buying the funds online. If you too are looking for investing in the SBI mutual fund, you can take the best help from My SIP Online wherein you can get some of the best SBI mutual fund schemes, which shall help you to meet your goals of investment.