State Bank of India vs Groww Mutual Fund 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

Groww Mutual Fund


Minimum Investment

₹100

Average Return

12%

Top Schemes

  • Groww Nifty Total Market Index Fund
  • Groww ELSS Tax Saver Fund
  • Groww Value Fund

Key Features

  • Lowest minimum investment
  • Zero commission
  • Modern digital platform
  • Young and tech-savvy approach

Calculate SIP Returns for Both

Calculate with SBI

Investment Details

Expected Returns

₹1,16,170

estimated value

Invested₹60,000
Returns₹56,170

Growth Projection

Calculate with Groww

Investment Details

Expected Returns

₹23,234

estimated value

Invested₹12,000
Returns₹11,234

Growth Projection


State Bank of India vs Groww Mutual Fund: 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.

New entrant in the AMC space from India's leading investment platform. Offers zero-commission mutual funds with modern technology and user-friendly investing experience.

Making Your Choice

Both SBI and Growware 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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