SBI Mutual Fund
SBI Funds Management Private Limited
About SBI Mutual Fund
The SBI Mutual Fund is one of India’s largest and oldest Mutual Funds. It is run by the reputed SBI brand, particularly - the SBI Mutual Fund Trustee Company Private Limited. In fact, the SBI Mutual Fund is a Joint Venture (JV) between State Bank of India and Amundi, which is a French asset management company.
SBI MF is registered with the Securities and Exchange Board of India or SEBI. It has many firsts to its name - such as being India’s first ‘Contra’ fund, called the SBI Contra Fund, and the first ESG (Environment, Social and Governance) fund for sustainable investment in major markets.
In 2015, an investment of Rs 5,000 Crore was made by the Employees’ Provident Fund of India for the first time in a Mutual Fund in India. It was towards the SBI MF Sensex Exchange Traded Funds. SBIMF is the 3rd largest Mutual Fund body in India based on Assets under Management. The fund’s AUM has grown to ₹3.73 trillion as of March 2020 as compared with ₹2.83 trillion in the same quarter of 2019. This amounts to a growth of 32%.
With various investment options such as stocks, gold, real estate, mutual funds, SBI MF help you invest as per your needs and risk appetite.
Types of SBI Mutual Fund
SBI MF provides equity, debt, hybrid, and other solution-oriented funds. These funds are available for short, medium, and long-run. Determining the best SBI mutual fund for your needs will be based on a combination of your investment goals, risk appetite, and investment horizon.
Top 10 SBI Mutual Funds:
Here are the top 10 best SBI mutual funds:
- SBI Healthcare Opportunities Fund
- SBI Gold Fund
- SBI Magnum COMMA Fund
- SBI Magnum Global Fund
- SBI Small Cap Fund
- SBI Magnum Income Fund
- SBI Multi-Asset Allocation Fund
- SBI Magnum Medium Duration Fund
- SBI Technology Opportunities Fund
- SBI Magnum Gilt Fund
SBI Healthcare Opportunities Fund
This is an Equity - Sectoral fund that provides growth opportunity through equity investments in stocks of growth-oriented sectors of the economy. It is a fund classified as High risk and as of 2020, has yielded an annualized return of 14.2% since its launch in 2004.
SBI Gold Fund
The SBI Gold fund scheme aims to deliver returns closely corresponding to the returns delivered by the SBI ETF Gold. This one is a Moderately High risk fund, and has delivered a CAGR/Annualized return of 6% since its launch. Fund return in 2019 was 22.8%, in 2018 was 6.4% and in 2017 was 3.5%
SBI Magnum COMMA Fund
This fund aims to generate opportunities with consistent returns. Its portfolio consists of stocks of companies engaged in the commodity business within Oil & Gas, Metals, Materials & Agriculture, and in debt & money market instruments. This one is a High risk equity fund, having delivered a CAGR/Annualized return of 9.8% since launch. In 2019, the returns were 11.8%.
SBI Magnum Global Fund
The Magnum Global fund seeks to deliver investors growth opportunities backed by a portfolio of high growth potential industries with Indian equities, bonds, PCDs, and FCDs.. It is an Equity -Sectoral fund with Moderately High risk and as of 2020, has given an annualized return of 16.1% since its launch.
SBI Small Cap Fund
The Small Cap fund seeks to generate long term capital with a diversified portfolio that’s dominated by equity and equity-related securities featuring small & midcap companies. This one is Moderately High risk and has delivered a CAGR/Annualized return of 16.7% since its launch. Ranked 4 in the Small Cap category, the fund yielded a return of 6.1% in 2019.
SBI Magnum Income Fund
This fund provides investors an opportunity to make either capital gains or earn regular dividends. It is a Debt - Medium to Long term fund with Moderate risk and has given a CAGR/Annualized return of 8% since its launch. The fund return in 2019 was 11.7% and 4.7% in 2018.
SBI Multi-Asset Allocation Fund
This fund seeks to provide regular income, liquidity, and attractive returns to investors. It also hedges the impact of interest rate risk through an actively managed portfolio which consists of
- Floating rate and fixed-rate debt instruments,
- Equity,
- Money market instruments and
- Derivatives
It is a Hybrid - Multi-Asset fund with Moderate risk and has given a CAGR/Annualized return of 8% since its launch. It yielded a return of 10.6% in 2019.
SBI Magnum Medium Duration Fund
This fund provides attractive returns to the unitholders by giving periodic dividends or through capital appreciation. The portfolio consists of a balanced debt, equity, and money market instruments. It is a Debt - Medium-term Bond fund with Moderate risk and has given a CAGR/Annualized return of 8.2% since its launch. It has yielded a healthy return of 11.1% in 2019. 6.2% in 2018 and 7,6% in 2017.
SBI Technology Opportunities Fund
This fund is ideal for investors seeking lucrative opportunities via equity investments in growth-oriented sectors. It is an Equity - Sectoral fund that’s classified as High risk, and has given a CAGR/Annualized return of 16.8% since its launch. The fund yielded a return of 12.2% in 2019, 17.1% in 2018, and 13% in 2017.
SBI Magnum Gilt Fund
This gilt fund generates returns through investments in government securities issued by the Central Government and / or a State Government. It is a Debt - Government Bond fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch. It delivered returns of 13.1% in 2019 and 5.1% in 2018.
How to Invest in SBI Mutual Funds Online?
There are two primary ways of investing in SBI mutual funds. You can invest either online or offline. Investing in SBI mutual funds online lets you carry out and manage your investments remotely from any device. Here’s how you can start:
- Step 1 - First, log in to your Mobikwik account. If you do not have an account, you can register and create a new one right away.
- Step 2 - Complete your KYC. (Valid documentation details include Aadhaar, PAN, Voter ID card, Passport, Driving License, ID issued by either the Central or State government).
- Step 3 - Provide your bank account details.
- Step 4 - Determine your investment duration and select the best SBI Mutual Fund according to your criteria.
- Step 5 - If you wish to invest a lump sum amount, click on “Buy Now.” Alternatively, you can start a SIP by clicking on "Start SIP."
Your SBI Mutual Fund investment will reflect in your personal Mobikwik account within 3-4 working days.
Documents Required to Invest in SBI Mutual Fund Online
You have to submit/upload the following documents along with your KYC:
- Proof of identity: - Photo PAN Card. In case of a Non-Photo PAN Card, you can submit a copy of the PAN Card with Driving License / Passport copy / Voter ID /Bank Photo Passbook.
- Proof of address (any one of the following) -
- Aadhaar card
- Passport copy
- Voter ID
- Driving License
- Photograph (passport sized).
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incorporated
Feb-07-1992
-
CEO / MD
Mrs. Anuradha Rao
-
Address
191"E", Maker Tower,Cuffe Parade
Mumbai - 400 005
Maharashtra -
Phone
91-22-22189663
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Email
partnerforlife@sbimf.com
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Registrar & Transfer Agent
Computer Age Management Svcs
New No.10, Old No.178, Kodambakkam High Road, Opp. Hotel Palmgrove, Nungambakkam
Chennai - 600 034
Tamil Nadu
91-44-28283610
enq_L@camsonline.com -
Auditors
M/s. M. M. Nissim & Co.
3rdFloor, B Wing, Barodawala Mansion, 81, Dr. Annie Besant Road, Worli,
Mumbai - 400018
Maharashtra
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Total Net Assets of SBI Mutual Fund as of March 2018 - 151,791cr
SBI Mutual Fund - Estimated fund Flows for March 2018
Frequently Asked Questions on SBI Mutual Fund
How Can I Withdraw my SBI Mutual Fund Online?
Head over to your MobiKwik mutual fund investment dashboard, and click on ‘redeem’. Then, enter the number of units you wish to redeem and the amount will be credited to your registered bank account.
How Can I Track My SBI Mutual Fund?
You can track your funds using the Mobikwik dashboard. The MF dashboard enables you to see the detailed information of your SBI MF investments, including the latest NAVs, total investment, gain/loss, and return on investment.
Is SBI Mutual Fund Good?
SBI offers all types of mutual funds that are suitable for investors who are looking for long or short-term gains and are ready to hold some level of risk in their investment. They’re also highly accessible - with support for investment amounts as low as Rs 100.
Can I Withdraw Money from SBI Mutual Fund?
Yes, you can absolutely withdraw money from SBI mutual funds, subject to conditions specific to your mutual funds. Head over to your MobiKwik mutual fund investment dashboard, and click on ‘Redeem’ to initiate the process. On completion, the amount will be transferred to your bank account.
How Can I Transfer Money from SBI Mutual Fund to Bank Account?
Your redeemed amount from your SBI mutual fund investment will be transferred directly transferred to your registered bank account within 2 to 3 working days.
What is a SIP Account in SBI?
A SIP (Systematic Investment Plan) scheme in SBI deducts a fixed amount specified by you from your registered bank account and invests it in your SBI mutual fund of choice, on a specified date periodically. This period can be monthly, quarterly, or weekly. A SIP helps with cost averaging and long-term returns.
What is the Benefit of the SBI Mutual Fund?
If you are a novice or lack the time to track the market and knowledge to choose suitable investment options, SBI MF is the best option. With over 50 mutual funds to choose from, you can maximize returns on your investments in a variety of ways to reach your desired goal with SBI MF. Choose the desired SBI mutual fund to get expert fund management, diversify exposure, and fund options that suit your objective and risk appetite.
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SBI Mutual Fund Schemes
| NAME | RATING | Category | Nav | EXP Ratio | Assets | 1y | 3y | 5y |
|---|---|---|---|---|---|---|---|---|
| SBI Arbitrage Opportunities Fund Direct Growth | — | Others | 34.6022 | 0.42% | 31,422 cr | 8.17% | 7.01% | 5.88% |
| SBI Balanced Advantage Fund Direct Growth | Balanced | 15.1102 | 0.67% | 33,187 cr | 16.93% | 14.48% | — | |
| SBI Banking and PSU Fund Direct Plan Growth | Debt | 3155.5145 | 0.34% | 3,752 cr | 8.14% | 6.08% | 6.49% | |
| SBI Banking & Financial Services Direct Growth | Equity | 42.5832 | 0.73% | 6,548 cr | 22.78% | 19.76% | 14.94% | |
| SBI Bluechip Fund Direct Growth | Equity | 97.4078 | 0.81% | 50,502 cr | 16.99% | 15.64% | 16.87% | |
| SBI Conservative Hybrid Fund Direct Plan Growth | Balanced | 75.9035 | 0.62% | 10,064 cr | 12.56% | 10.18% | 11.71% | |
| SBI Consumption Opportunities Fund Direct Plan Growth | — | Equity | 365.9313 | 0.90% | 3,074 cr | 27.49% | 24.70% | 24.46% |
| SBI Contra Fund Direct Growth | — | Equity | 407.0316 | 0.57% | 41,907 cr | 24.62% | 25.70% | 30.46% |
| SBI Credit Risk Fund Direct Plan Growth | Debt | 46.9007 | 0.89% | 2,285 cr | 8.72% | 7.48% | 7.73% | |
| SBI Dynamic Bond Fund Direct Growth | Debt | 37.3018 | 0.62% | 3,322 cr | 9.39% | 7.41% | 7.23% | |
| SBI Equity Hybrid Fund Direct Growth | Balanced | 304.7096 | 0.73% | 71,585 cr | 17.54% | 12.83% | 14.46% | |
| SBI Equity Minimum Variance Fund Direct Growth | — | Equity | 23.4748 | 0.41% | 217 cr | 11.63% | 15.48% | 17.77% |
| SBI Equity Savings Direct Growth | Balanced | 25.5575 | 0.88% | 5,982 cr | 13.45% | 11.46% | 11.81% | |
| SBI ESG Exclusionary Strategy Fund Direct Growth | Equity | 252.374 | 1.31% | 5,806 cr | 16.71% | 13.74% | 15.95% | |
| SBI Flexicap Fund Direct Growth | Equity | 119.4801 | 0.82% | 22,206 cr | 19.02% | 14.97% | 17.12% | |
| SBI Focused Equity Fund Direct Plan Growth | Equity | 368.3396 | 0.74% | 34,747 cr | 20.76% | 12.13% | 17.67% | |
| SBI Healthcare Opportunities Fund Direct Growth | — | Equity | 484.1621 | 0.89% | 3,460 cr | 45.57% | 26.54% | 30.69% |
| SBI Infrastructure Fund Direct Growth | Equity | 53.4947 | 0.92% | 5,006 cr | 27.35% | 28.48% | 26.68% | |
| SBI Large & Midcap Fund Direct Growth | Equity | 635.9808 | 0.71% | 29,329 cr | 23.47% | 19.76% | 22.02% | |
| SBI Liquid Fund Direct Plan Growth | — | Liquid | 3977.0859 | 0.21% | 68,619 cr | 7.40% | 6.41% | 5.37% |
| SBI Long Term Equity Fund Direct Growth | Equity | 459.0194 | 0.93% | 27,847 cr | 33.86% | 26.75% | 25.02% | |
| SBI Magnum Children's Benefit Fund Direct Growth | — | Balanced | 116.6475 | 0.85% | 124 cr | 18.77% | 12.94% | 14.34% |
| SBI Magnum Comma Fund Direct Growth | — | Equity | 107.0402 | 1.89% | 653 cr | 20.11% | 14.15% | 21.99% |
| SBI Magnum Constant Maturity Fund Direct Growth | Debt | 62.9487 | 0.31% | 1,934 cr | 9.35% | 6.08% | 6.67% | |
| SBI Magnum Gilt Fund Direct Growth | Debt | 66.9342 | 0.46% | 11,185 cr | 9.22% | 7.33% | 7.56% | |
| SBI Magnum Income Fund Direct Growth | Debt | 72.7795 | 0.78% | 1,863 cr | 8.78% | 6.72% | 7.63% | |
| SBI Magnum Low Duration Fund Direct Plan Growth | Debt | 3481.6063 | 0.43% | 12,606 cr | 7.87% | 6.56% | 6.15% | |
| SBI Magnum Medium Duration Fund Direct Growth | Debt | 52.7324 | 0.69% | 6,642 cr | 8.62% | 6.72% | 7.54% | |
| SBI Magnum Midcap Fund Direct Growth | Equity | 261.8384 | 0.79% | 21,455 cr | 24.74% | 21.70% | 28.33% | |
| SBI Magnum Ultra Short Duration Fund Direct Plan Growth | Debt | 5842.5441 | 0.31% | 12,885 cr | 7.65% | 6.46% | 5.80% | |
| SBI Multi Asset Allocation Fund Direct Plan Growth | — | Balanced | 60.8864 | 0.50% | 6,986 cr | 15.92% | 15.57% | 14.90% |
| SBI Nifty Index Fund Direct Growth | — | Equity | 218.5008 | 0.20% | 8,679 cr | 12.54% | 13.45% | 14.82% |
| SBI Nifty Next 50 Index Fund Direct Growth | — | Equity | 18.9124 | 0.33% | 1,494 cr | 35.38% | 20.04% | — |
| SBI PSU Direct Growth | — | Equity | 33.9274 | 0.74% | 4,686 cr | 36.52% | 38.65% | 25.70% |
| SBI Savings Fund Direct Plan Growth | Debt | 42.6547 | 0.25% | 26,582 cr | 7.79% | 6.66% | 6.02% | |
| SBI Short Term Debt Fund Direct Growth | Debt | 32.4933 | 0.35% | 13,498 cr | 8.25% | 6.43% | 6.61% | |
| SBI Technology Opportunities Fund Direct Growth | — | Equity | 256.8757 | 0.83% | 4,586 cr | 35.04% | 14.83% | 28.81% |