State Bank of India vs Axis Bank SIP Comparison

Compare SIP returns, minimum investments, and top schemes to make an informed decision

State Bank of India

Minimum Investment

500

Average Return

12%

Top Schemes

SBI Bluechip Fund

SBI Small Cap Fund

SBI Equity Hybrid Fund

Key Features

Largest bank network in India

Low minimum investment of ₹500

Trusted government backing

Wide range of fund options

Axis Bank

Minimum Investment

500

Average Return

12.8%

Top Schemes

Axis Bluechip Fund

Axis Small Cap Fund

Axis Long Term Equity Fund

Key Features

Consistent performance

Strong equity funds

Tax-saving ELSS options

Modern digital platform

Calculate SIP Returns for Both

Calculate with SBI

Investment Details

Monthly Investment

Expected Return Rate (p.a.)

Time Period

Expected Returns

Total Invested

₹60,000

Est. Returns

₹56,170

Total Value

₹1,16,170

Invested Amount: 60,000
Estimated Returns: 56,170
Total Value: 1,16,170

SIP Growth Projection

Calculate with Axis

Investment Details

Monthly Investment

Expected Return Rate (p.a.)

Time Period

Expected Returns

Total Invested

₹60,000

Est. Returns

₹61,865

Total Value

₹1,21,865

Invested Amount: 60,000
Estimated Returns: 61,865
Total Value: 1,21,865

SIP Growth Projection

State Bank of India vs Axis Bank: Which is Better for SIP?

SBI Mutual Fund is one of India's largest and most trusted asset management companies, backed by the State Bank of India. With a strong track record and wide network, SBI offers diverse mutual fund schemes suitable for all investor types.

Axis Mutual Fund has quickly established itself as a premier fund house with strong performance across categories. Their focus on research and risk management makes them a preferred choice for systematic investors.

Making Your Choice

Both SBI and Axis are reputable mutual fund houses in India. Your choice should depend on your investment goals, minimum investment capacity, and preference for specific fund categories. Consider factors like minimum investment amount, average returns, fund options, and the institution's track record.

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