SBI Mutual Funds is an ace product with about 28 years of proven experience in fund management. The product has been through multiple market cycles and is known for its journey across asset classes and styles. This product is a joint venture between the State Bank of India and AMUNDI which is one of the world’s most renowned and trusted asset management company. With the recent collaboration of SBI, it is one of the largest banks in the world. With about 160 branches around the nation, one only falls short while talking about the reliability and performance of this bank.
The State Bank of India is known for its commitment to innovation, reliability, transparency and ethical practices in the process of sharing information, creating awareness amongst its customers and lending a helping hand to its investors during crucial decision making moments. Let us know in depth about what this product has on offer for the investors!
SBI Mutual Fund Schemes
SBI Mutual Fund Schemes are about 74 in number including equity schemes, debt schemes, new fund offer, hybrid schemes, liquid schemes, fixed maturity plans, exchange traded schemes and fund of funds. With individual benefits of each of the schemes, an investor can pick out any as per his/her convenience, investment capacity, the willingness to take risk and financial goals.
The bank takes keen interest in providing assistance to its investors and help them out with the dilemma to find the right investment plan for themselves. SBI aims to help its customer find his/her desired investment plan in just three steps.
The first step helps the individual assess his/her risk profile. As per the convenience of the investor, an asset class or scheme is determined keeping in mind the ability of the individual to take risk. In the second step, a financial goal needs to be set. Be it a retirement need, child’s education need or a vacation home, a financial goal helps to ascertain the regular investment amount and the time period that is at hand to achieve it. In the third step, a Mutual Funds expert suggests the apt plan of investment customized as per your needs, objective and risk profile. Hence, in three simple steps, your way to mutual funds investment is sorted!
SBI Mutual Fund SIP
SBI Mutual Fund SIP is a way in which an individual can invest on a regular basis in mutual funds. Through a Systematic Investment Plan, you can invest in a disciplined and systematic way to achieve your financial goals over a specific period of time. With enough patience and a wise choice of plan, you can start with a small amount of investment but on a regular basis-monthly, quarterly or yearly- and follow the pattern religiously to reach your goals.
SBI Mutual Fund NAV
NAV or Net Asset Value is the price of one unit of a particular investment scheme. Technically explaining, it is the difference between the assets of a scheme and its liabilities divided by the number of outstanding units held by an investor. Hence, NAV or Net Asset Value is the market value of the scheme held by an investor and therefore is the marker of the performance of a scheme. The factors controlling the capital market cause the upward or downward movement of the NAV. This value of the scheme changes regularly and is ascertained accordingly. To know the current NAV of any scheme, one can always visit the website of the bank to which that scheme belongs.
SBI Mutual Fund Calculator
SBI provides its customers with the following Mutual Funds Calculators:
SBI SIP Calculator: The SBI SIP Calculator helps the customers ascertain their monthly installments and the returns that they would be receiving by the end of the tenure at the prescribed rate of interest. This tool is highly beneficial when one is trying to gauge the possibilities and benefits of an SIP investment as this would give them the true picture of what their investment is going to look like after the completion of the time period.
SBI Family Solutions Tool: The SBI Family Solutions Tool helps an investor plan his/her financial goal and the investment required to fulfil it thereafter. Whether its your retirement plan, investment for your dream home, an extravagant vacation of your child’s marriage, this tool will help you ascertain your financial goal and the investment that you need to make to see it come true.
SBI Return Value Calculator: The SBI Return Value Calculator helps an investor figure out the returns that he/she would be able to garner with his/her current investment. The tool gives you an option to find returns for your lump sum amount investment and/or your SIP. You can choose the investment amount in thousands, lacs and crores and set the figure in it. After that, you need to feed in the investment duration and the expected rate of return that is provided to you. With this you will be able to find out the returns that you would be getting after the completion of your investment period.
SBI Mutual Fund Online
SBI Mutual Fund Online is the online access provided to each investor by the bank so as to help them stay in touch with their investments and the progress that its going through. Through this facility, an investor can constantly keep reviewing his/her progress and the status of his/her scheme and investment plan. This saves a lot of time and effort of the customer and allows them to check the details of their plans as per their convenience. SBI has always kept in mind the convenience and ease of access of its customers and has worked towards creating a better relationship with them. This facility also aids a better communication channel between the bank and the customer and helps them stay on the same page.
SBI Mutual Fund Statement
SBI Mutual Fund Statement charts out the progress of the investment plan of the customer since day one. This journal helps the investor keep a track of his/her investment and stay aware of the progress that he/she is making towards his/her financial goal. As a statement of records, this statement functions as a document of record keeping and enables the customer to look back and check details whenever the need be.
SBI Mutual Fund Customer Care
SBI Mutual Fund Customer Care can be contacted through various channels. The constantly aware and consistently well-performing division takes care of the queries and grievances of the customers pertaining to mutual funds in specific. You call always give them a call on their toll free helpline number- 1800-425-5425. You can also write to them at customer.delight@sbimf.com. You can also send an SMS saying ‘SBIMF’ to 56161 and expect a call back or assistance from the bank for your investment. The bank also provides an online portal on its website for the customers to check the status of their complaint, apart from the complaints filed by other customers, and their redressal status.
No comments:
Post a Comment