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SBI Mutual Fund

SBI Funds Management Pvt. Ltd., a joint venture between SBI and AMUNDI (France), is one of the leading fund management companies in India, with 30 years of experience in fund management. The fund house currently has a network of 222+ points of acceptance across the country and manages investment portfolios of more than 5.4 million investors. The fund house has emerged as one of the leading players in the industry advising different financial institutions, pension funds and local & international asset management companies.

SBI Funds Management makes customized asset portfolio recommendations on the basis of investors' requirements and terms of risk/return expectations. The fund house additionally offers institutions end-to-end customized asset management solutions. Besides mutual funds, the fund house also offers services in portfolio management and advisory services, offshore funds and alternative investment funds (AIF).

Best SBI Mutual Funds

SBI Funds Management has established itself as one of the most trusted fund houses in the country. The company, in addition to the SBI brand name it holds, has witnessed positive performance of its mutual funds over the years. Here is a quick look at the top 10 funds of SBI mutual funds:

Scheme NameNAV (as on 3rd August) 1-year Return (%)3-year Return (%)5-year Return (%)
SBI Bluechip Fund39.1847.310.020.1
SBI Infrastructure Fund14.9671.58.118.9
SBI Magnum Multi Cap Fund48.3469.912.323.4
SBI Focused Equity Fund137.99118.114.022.7
SBI Small Cap Fund - Direct Plan57.75920.219.4-
SBI Equity Hybrid Fund 130.10710.110.118.9
SBI Magnum Comma Fund37.4192.613.619.9
SBI Large & Midcap Fund - Direct Plan221.5599.410.222.3
SBI Short Term Debt Fund20.2794.27.38.2
SBI Magnum Medium Duration Fund30.6514.38.410.5

Salient Features of SBI Mutual Fund Products

Some of the salient features of SBI mutual fund products are as under:

  • SBI mutual fund products are designed keeping in mind the company’s vision, which reads “To be the most preferred and the largest fund house for all asset classes, with a consistent track record of excellent returns and best standards in customer service, product innovation, technology and HR practices.”

  • Investors can choose to park their funds in equity schemes, hybrid schemes, debt schemes, solution oriented schemes and other schemes like Nifty Index, ETF Gold, etc.

  • The fund house, in addition to actively managing investors’ assets, also provides its institutional investors a number of offshore funds and portfolio management advisory services.

  • Although the performance of all funds is benchmarked against a specific index, the index composition is not replicated by the investment team with the fund portfolio.

Different Types of SBI Mutual Funds

SBI mutual funds are managed by SBI Funds Management Pvt. Ltd. These funds are regarded as a feasible investment instrument to a wide section of investors since it offers domestic as well as offshore funds. Here is a look at the different types of schemes that SBI Funds Management offers its investors:

Equity Schemes

The main motive of equity schemes is ensuring investors’ capital growth. SBI mutual fund offers medium and long-term equity investments for capital growth. SBI mutual fund offers 26 schemes under this category, of which 18 are open-ended schemes, while 8 are close-ended schemes.

Some of the equity schemes offered by SBI mutual fund are

Scheme Name1-year Return (%)3-year Return (%)5-year Return (%)
SBI Arbitrage Opportunities Fund - Direct Plan - Dividend6.86.47.6
SBI Banking & Financial Services Fund- Direct Plan - Dividend18.321.9-
SBI Blue Chip Fund - Regular Plan - Growth5.79.820.8
SBI Contra Fund1.99.617.4
SBI Emerging Businesses Fund17.513.623.1
SBI Long Term Advantage Fund - Series III - Regular Plan - Growth-16.4--
SBI Magnum Fund10.29.918.3
SBI Nifty Index Fund- Regular Plan - Dividend13.810.415.6
SBI PSU Fund - Regular Plan - Growth-11.82.811.7
SBI Pharma Fund- Direct Plan - Dividend-19.7- 6.218.6
SBI Small & Midcap Fund - Direct Plan - Dividend21.420.5-
SBI Tax Advantage Fund- Series III - Regular Plan - Growth8.810.8-

Debt Schemes

Investments in debt assets are aimed at fetching regular and steady income. Debt funds mainly invest in fixed income securities, money market instruments and bonds. The fund house offers 13 open-ended schemes in this category.

Some of the debt schemes offered by SBI mutual funds are

Scheme Name1-year Return (%)3-year Return (%)5-year Return (%)
SBI Dynamic Bond Fund0.15.97.6
SBI Corporate Bond Fund4.77.19.1
SBI Debt Fund Series7.38.8-

Hybrid Schemes

Hybrid schemes are a combination of equity and debt that offers income and growth. Under this category, SBI mutual fund houses 14 schemes, of which 8 are open-ended and 6 are close-ended.

Some of the hybrid schemes offered by SBI mutual funds are

Scheme Name1-year Return (%)3-year Return (%)5-year Return (%)
SBI Debt Hybrid Fund0.27.410.0
SBI Multi Asset Allocation Fund4.37.210.5
SBI Arbitrage Opportunities Fund6.15.97.0
SBI Dynamic Asset Allocation Fund8.79.6-

Solution-Oriented Schemes

These schemes are aimed at retirement planning and children benefit. Under this category, SBI mutual fund offers one scheme, referred to as SBI Magnum Children’s Benefit Plan. The investment proportion is done as per the interest rates, liquidity, economic conditions and risks associated. A small portion of the capital will be invested in equity and its related instruments.

Scheme Name1-year Return (%)3-year Return (%)5-year Return (%)
SBI Magnum Children’s Benefit Plan10.614.318.0

Exchange Traded Funds

Under this, SBI mutual fund offers a range of ETFs schemes for investors to choose from. Some of the schemes that come under this category are

Scheme Name1-year Return (%)3-year Return (%)5-year Return (%)
SBI Nifty Index Fund13.815.015.6
SBI - ETF GOLD2.94.70.4
SBI - ETF Sensex15.911.617.2
SBI - ETF Nifty Next 503.412.2-

Team at SBI Mutual Fund

The returns generated come down to the ability of the fund managers to capture the growth potential of securities and manage complex portfolios. At SBI Funds Management, the fund managers put together the best investment strategies with a sharp eye to monitor, and understand the market trends and changes. By undertaking advanced securities selection via research, fund managers at SBI mutual fund are able to ensure minimization of risks while protecting investors' interests.

Management Team

  • Smt. Anuradha Rao
  • Mr. Nicolas Simon
  • Mr. Binod Kumar Mishra
  • Mr. Navneet Munot
  • Mr. R. S. Srinivas Jain
  • Mr. D. P. Singh
  • Ms. Aparna Nirgude
  • Ms. Vinaya Datar
  • Mr. Rahul Mayor

Board of Directors - AMC

  • Smt. Anuradha Rao
  • Mr. Fathi Jerfel
  • Mr. Jashvant Raval
  • Mr. Nicolas Simon
  • Mr. Om Prakash Gahrotra
  • Dr. Prafulla Agnihotri
  • Mr. Dinesh Kumar Khara
  • Mr. Jean-Yves Glain
  • Mr. C. N. Ram

Equity Team

  • Mr. R Srinivasan
  • Ms. Sohini Andani
  • Mr. Richard D'Souza
  • Mr. Dinesh Balachandran, CFA
  • Mr. Anup Upadhyay, CFA
  • Ms. Nidhi Chawla
  • Mr. Saurabh Pant
  • Mr. Tanmaya Desai
  • Mr. Ruchit Mehta
  • Mr. Shashank Tulsyan, CFA
  • Ms. Kanchan Mahbubani
  • Ms. Namrata Mittal

Fixed Income Team

  • Mr. Rajeev Radhakrishnan, CFA
  • Mr. Dinesh Ahuja
  • Mr. R. Arun
  • Ms. Mansi Sajeja, CFA
  • Mr. Lokesh Mallya, CFA
  • Mr. Mohit Jain, CFA
  • Ms. Ranjana Gupta
  • Mr. Mahak Khabia,FRM,CFA
  • Mr. Ravi Ratanpal

Why Choose SBI Mutual Fund?

SBI Funds Management is a prominent and well-known fund house catering to the needs of investor across the nation. The following are the key features of schemes offered under SBI mutual fund:

  • In case of deposits, it offers offshore and domestic funds.
  • Investors can choose from a wide range of customized investment plans.
  • Tax deductions can be claimed under Section 80C of the Income Tax Act, 1961, for ELSS investments.
  • NRIs are eligible to make investments in SBI mutual funds.

FAQs on SBI Mutual Fund

Am I required to add nominees to my portfolio?

Nomination facility is generally mandatory in case of new folios or accounts opened by individuals with single holdings. For joint holdings, it is usually not mandatory to have a nominee. However, financial planners encourage investors to always include one.

How much returns shall my nominees get?

The returns generated will depend on the performance of the schemes where the investor's money has been parked in. The proportion of the returns given to the nominees will depend on the percentage you have allotted to them in the nomination form.

What is switch?

Switching refers to transferring mutual fund units from one scheme to another within an Asset Management Company.

How do I contact SBI Mutual Fund Company?

The contact details of the fund house are as under:

Address: 9th Floor, Crescenzo, C-38 and 39, G Block,Bandra-Kurla Complex, Mumbai, Maharashtra India - 400051 Phone number: 1800 209 3333 or 1800 425 5425 Email address:customer.delight@sbimf.com

How do I buy SBI mutual fund plan online?

SBI mutual fund’s online portal is a quick and efficient tool that allows users to carry out and manage their investments online. All that an individual has to do is complete the KYC process and register on the portal. To begin investing, the individual simply has to click on the ‘Invest Now’ button mentioned against the scheme name.

How do I login SBI Mutual Fund Company website?

As a registered user, you can login using their registered user ID and password. New users who want to register can do so by entering their PAN, Email Address, Mobile Number and creating a new password.

What is SBI Mutual Fund Company's contact number?

The fund house can be contacted on 1800 209 3333 or 1800 425 5425.

What type of investor should invest in a smallcap scheme?

In case of small-cap funds, fund managers can have 65% to 90% exposure to stocks of small companies. Investors who wish to take on higher risks can consider putting their money in this category.

Which SBI mutual fund scheme should I invest?

Below are some of the top performing SBI mutual funds that investors can consider parking their money in:

Scheme NameNAV (as on 3rd August) 1-year Return (%)3-year Return (%)5-year Return (%)
SBI Bluechip Fund39.1847.310.020.1
SBI Infrastructure Fund14.9671.58.118.9
SBI Magnum Multi Cap Fund48.3469.912.323.4
SBI Focused Equity Fund137.99118.114.022.7
SBI Small Cap Fund - Direct Plan57.75920.219.4-
SBI Equity Hybrid Fund130.10710.110.118.9
SBI Magnum Comma Fund37.4192.613.619.9
SBI Large & Midcap Fund - Direct Plan221.5599.410.222.3
SBI Short Term Debt Fund20.2794.27.38.2
SBI Magnum Medium Duration Fund30.6514.38.410.5
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