State Bank of India vs Union 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

Union Mutual Fund

Minimum Investment

1000

Average Return

11.8%

Top Schemes

Union Flexi Cap Fund

Union Equity Savings Fund

Union Multi Cap Fund

Key Features

Union Bank backing

Public sector trust

Wide bank network

Conservative investing

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 Union

Investment Details

Monthly Investment

Expected Return Rate (p.a.)

Time Period

Expected Returns

Total Invested

₹1,20,000

Est. Returns

₹1,09,592

Total Value

₹2,29,592

Invested Amount: 1,20,000
Estimated Returns: 1,09,592
Total Value: 2,29,592

SIP Growth Projection

State Bank of India vs Union 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.

Sponsored by Union Bank of India, offering systematic investment solutions backed by one of India's major public sector banks.

Making Your Choice

Both SBI and Union 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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