SBI Mutual Fund
- AMC AGE 34 years
- AMC AUM (In Cr) ₹ 8,25,038.89
- Number of Schemes 104
SBI Mutual Fund is one of India’s oldest and most trusted asset management companies, sponsored by the State Bank of India. Set up in the late 1980s as a pioneer in the domestic mutual fund industry, it has grown into a large, diversified fund house offering solutions across equity, debt, hybrid, index, and thematic categories. Over the years, SBI Mutual Fund has combined SBI’s deep retail reach with professional fund management and a research-driven approach.
The AMC operates as a joint venture between State Bank of India and Amundi, a leading European asset manager, bringing together strong local understanding and global investing frameworks. Its investment philosophy focuses on disciplined risk management, bottom-up stock selection, and long-term wealth creation for investors.
Some of the popular SBI mutual fund schemes include well-known names in large-cap, hybrid, and contra strategies, managed by experienced fund managers such as R. Srinivasan (CIO - Equity) and specialised CIOs across fixed income and alternatives. For many investors, SBI Mutual Fund is often the first choice when exploring stable, core portfolio holdings.
List of SBI Mutual Funds
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
SBI Gold Fund - Direct Growth
|
14,998 | 33.10% | 24.47% | |
SBI US Specific Equity Active FoF - Dir Growth
|
1,113 | 32.11% | 19.09% | |
SBI PSU Fund - Direct Growth
|
5,891 | 31.18% | 25.40% | |
SBI Healthcare Opportunities Fund - Direct Growth
|
4,064 | 27.93% | 16.87% | |
SBI Children's Fund - Investment Plan-Dir Growth
|
5,158 | 24.94% | 26.45% | |
SBI Nifty Midcap 150 Index Fund - Direct Growth
|
885 | 22.76% | - | |
SBI Comma Fund - Direct Growth
|
939 | 21.60% | 13.10% | |
SBI Nifty Smallcap 250 Index Fund - Direct Growth
|
1,306 | 21.36% | - | |
SBI Infrastructure Fund - Direct Growth
|
4,109 | 21.15% | 20.83% | |
SBI Long Term Advantage Fund - Series V -Dir Growth
|
320 | 20.86% | 17.73% |
SBI Mutual Fund Key Information
- Name of the Mutual Fund
- SBI Mutual Fund
- Date of Incorporation
- 07 February 1992
- Setup Date
- 29 June 1987
- Sponsor Name
- State Bank of India
- Trustee Name
- SBI Mutual Fund Trustee Company Private Limited
- Managing Director / Chief Executive Officer
- Mr. Nand Kishore
- Compliance Officer
- Ms. Vinaya Datar
- Chief Investment Officer
- NA
- Investment Service Officer
- Mr. C A Santosh
- Auditor
- NA
- Custodian
- HDFC Bank Ltd., SBI-SG Global Securities Services Private Limited
- Registrars
- Datamatics Business Solutions Limited, Computer Age Management Services Ltd
- Address (Head Office)
- 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East)
- Telephone No
- 022 - 61793000
- Fax No
- 022 – 67425687
SBI Mutual Fund Managers
Mr R. Srinivasan is the CIO-Equity and manages about fourteen funds at SBI Mutual Fund. He joined SBI Funds Management as a Senior Fund Manager in May 2009. He carries more than 25 years of experience in equities, having worked with Future Capital Holding, Principal PNB, Oppenheimer & Co (later Blackstone), Indosuez WI Carr and Motilal Oswal, among others. He manages an AUM of INR 1,14,343 crores.
Mr Richard D’ Souza has been working at SBI MF since 2010. He is currently a fund manager and manages a total AUM of 945 crores at SBI Mutual Fund. He carries a total experience of 28 years. Before joining SBI Mutual Funds, he worked at ASK Investment Managers Private Limited and Alchemy Shares and Brokerage Firm. He manages SBI Magnum COMMA Fund and SBI PSU Fund at SBI MF.
Ms Sohini Andani has been working at joined SBI MF since 2007 and is currently the Research Head. Currently, she manages funds with an AUM of INR 36,724 crores. She worked at ING Investment Management, ASK Raymond James & Associates Private Limited, KR Choksey Shares & Securities Private Limited, LKP Shares & Securities Limited, and CRISIL.
Mr Dinesh Balachandran joined SBI MF as a Senior Credit Analyst in 2012 and currently holds the position of Head of Research. He currently manages an AUM of INR 38,525 crores. At SBI MF, Mr Balachandran manages SBI Balanced Advantage Fund, SBI Contra Fund, SBI Long Term Equity Fund, and SBI Multi-Asset Allocation Fund. Before joining SBI MF, he worked with Fidelity in the US.
Mr Rohi Shimpi joined SBI MF in 2006 and has been managing international funds since March 2011. He is an equity analyst and fund manager at SBI MF and manages an AUM of INR 5,830 crores at SBI Mutual Fund. He has previously worked at CNBC TV18 and JP Morgan.
Mr Rajeev Radhakrishnan joined SBI Mutual Funds as a fixed income portfolio manager in 2008. He is currently the CIO of the fixed income desk at SBI Mutual Fund. Before joining SBI MF, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. He manages an AUM of INR 45,976 crores.
How to Invest in SBI Mutual Fund?
Investing in SBI mutual fund schemes through 5paisa is straightforward and completely online. The platform is built to support both new investors and experienced market participants with a clean interface, helpful filters, and a transparent process.
Step 1: Create or log in to your 5paisa account
Visit the 5paisa website or app, sign in with your credentials, or register using your mobile number and email if you are a new user.
Step 2: Complete your KYC
Upload standard identity and address documents (such as PAN and Aadhaar) and complete the in-app verification. A KYC-complete profile is mandatory before you can invest in any SBI mutual fund scheme.
Step 3: Define your goals and time horizon
Decide whether you are investing for short-term needs, medium-term goals, or long-term wealth creation. This will help you narrow down the best SBI mutual fund options for your profile.
Step 4: Assess your risk appetite
Identify whether you are conservative, moderate, or aggressive. Equity-heavy SBI mutual fund schemes suit higher risk tolerance, while hybrid and debt-oriented options may suit more conservative investors.
Step 5: Browse SBI mutual fund schemes on 5paisa
Use category filters (equity, debt, hybrid, tax-saving, etc.) and compare different SBI mutual fund schemes based on their objectives, asset allocation, and strategy. Avoid relying solely on past SBI mutual fund returns; always read the scheme information document and understand the risk factors.
Step 6: Choose SIP or lump sum
Once you’ve identified the best SBI mutual fund for your needs, you can either start a Systematic Investment Plan (SIP) for disciplined monthly investing or opt for a one-time (lump sum) investment.
Step 7: Confirm and track
Submit your investment order through 5paisa. After processing, the units will reflect in your mutual fund portfolio, and you can track your holdings, future SIP instalments, and statements directly on the platform.
This process gives you a clear, digital pathway on how to invest in SBI mutual fund schemes without paperwork or branch visits.
How to Invest in SBI Mutual Fund ?
Investing in SBI mutual fund schemes through 5paisa is straightforward and completely online. The platform is built to support both new investors and experienced market participants with a clean interface, helpful filters, and a transparent process.
Step 1: Create or log in to your 5paisa account
Visit the 5paisa website or app, sign in with your credentials, or register using your mobile number and email if you are a new user.
Step 2: Complete your KYC
Upload standard identity and address documents (such as PAN and Aadhaar) and complete the in-app verification. A KYC-complete profile is mandatory before you can invest in any SBI mutual fund scheme.
Step 3: Define your goals and time horizon
Decide whether you are investing for short-term needs, medium-term goals, or long-term wealth creation. This will help you narrow down the best SBI mutual fund options for your profile.
Step 4: Assess your risk appetite
Identify whether you are conservative, moderate, or aggressive. Equity-heavy SBI mutual fund schemes suit higher risk tolerance, while hybrid and debt-oriented options may suit more conservative investors.
Step 5: Browse SBI mutual fund schemes on 5paisa
Use category filters (equity, debt, hybrid, tax-saving, etc.) and compare different SBI mutual fund schemes based on their objectives, asset allocation, and strategy. Avoid relying solely on past SBI mutual fund returns; always read the scheme information document and understand the risk factors.
Step 6: Choose SIP or lump sum
Once you’ve identified the best SBI mutual fund for your needs, you can either start a Systematic Investment Plan (SIP) for disciplined monthly investing or opt for a one-time (lump sum) investment.
Step 7: Confirm and track
Submit your investment order through 5paisa. After processing, the units will reflect in your mutual fund portfolio, and you can track your holdings, future SIP instalments, and statements directly on the platform.
This process gives you a clear, digital pathway on how to invest in SBI mutual fund schemes without paperwork or branch visits.
Top 10 SBI Mutual Fund to Invest
- SBI Gold Fund - Direct Growth is an FoFs Domestic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Viral Chhadva. With an impressive
AUM of ₹14,998 Crores, this scheme's latest NAV is ₹45.9607 as of 5/12/2026 12:00:00 AM.
SBI Gold Fund - Direct Growth scheme has delivered a return performance of 52.31% in the last 1 year, 33.10% in the last 3 years, and an 11.41 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in FoFs Domestic.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 14,998
- 3Y Return
- 33.10%
- SBI US Specific Equity Active FoF - Dir Growth is an FoFs Overseas scheme that was launched on 01-03-2021 and is currently under the management of our experienced fund manager Rohit Shimpi. With an impressive
AUM of ₹1,113 Crores, this scheme's latest NAV is ₹25.5075 as of 5/11/2026 12:00:00 AM.
SBI US Specific Equity Active FoF - Dir Growth scheme has delivered a return performance of 57.35% in the last 1 year, 32.11% in the last 3 years, and an 19.98 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in FoFs Overseas.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,113
- 3Y Return
- 32.11%
- SBI PSU Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Rohit Shimpi. With an impressive
AUM of ₹5,891 Crores, this scheme's latest NAV is ₹38.6204 as of 5/12/2026 12:00:00 AM.
SBI PSU Fund - Direct Growth scheme has delivered a return performance of 18.29% in the last 1 year, 31.18% in the last 3 years, and an 12.12 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 5,891
- 3Y Return
- 31.18%
- SBI Healthcare Opportunities Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Tanmaya Desai. With an impressive
AUM of ₹4,064 Crores, this scheme's latest NAV is ₹533.1953 as of 5/11/2026 12:00:00 AM.
SBI Healthcare Opportunities Fund - Direct Growth scheme has delivered a return performance of 13.15% in the last 1 year, 27.93% in the last 3 years, and an 17.73 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 4,064
- 3Y Return
- 27.93%
- SBI Children's Fund - Investment Plan-Dir Growth is an Childrens scheme that was launched on 08-09-2020 and is currently under the management of our experienced fund manager R Srinivasan. With an impressive
AUM of ₹5,158 Crores, this scheme's latest NAV is ₹49.7218 as of 5/11/2026 12:00:00 AM.
SBI Children's Fund - Investment Plan-Dir Growth scheme has delivered a return performance of 19.01% in the last 1 year, 24.94% in the last 3 years, and an 33.05 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Childrens Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 5,158
- 3Y Return
- 24.94%
- SBI Nifty Midcap 150 Index Fund - Direct Growth is an Index scheme that was launched on 21-09-2022 and is currently under the management of our experienced fund manager Viral Chhadva. With an impressive
AUM of ₹885 Crores, this scheme's latest NAV is ₹19.1023 as of 5/12/2026 12:00:00 AM.
SBI Nifty Midcap 150 Index Fund - Direct Growth scheme has delivered a return performance of 15.24% in the last 1 year, 22.76% in the last 3 years, and an 20.52 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Index Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 885
- 3Y Return
- 22.76%
- SBI Comma Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Dinesh Balachandran. With an impressive
AUM of ₹939 Crores, this scheme's latest NAV is ₹125.8322 as of 5/12/2026 12:00:00 AM.
SBI Comma Fund - Direct Growth scheme has delivered a return performance of 22.32% in the last 1 year, 21.60% in the last 3 years, and an 14.13 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 939
- 3Y Return
- 21.60%
- SBI Nifty Smallcap 250 Index Fund - Direct Growth is an Index scheme that was launched on 21-09-2022 and is currently under the management of our experienced fund manager Viral Chhadva. With an impressive
AUM of ₹1,306 Crores, this scheme's latest NAV is ₹18.2271 as of 5/12/2026 12:00:00 AM.
SBI Nifty Smallcap 250 Index Fund - Direct Growth scheme has delivered a return performance of 14.47% in the last 1 year, 21.36% in the last 3 years, and an 19.12 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Index Fund.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,306
- 3Y Return
- 21.36%
- SBI Infrastructure Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Bhavin Vithiani. With an impressive
AUM of ₹4,109 Crores, this scheme's latest NAV is ₹54.1462 as of 5/12/2026 12:00:00 AM.
SBI Infrastructure Fund - Direct Growth scheme has delivered a return performance of 8.95% in the last 1 year, 21.15% in the last 3 years, and an 14.86 since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 4,109
- 3Y Return
- 21.15%
- SBI Long Term Advantage Fund - Series V -Dir Growth is an ELSS scheme that was launched on 21-12-2017 and is currently under the management of our experienced fund manager Nidhi Chawla. With an impressive
AUM of ₹320 Crores, this scheme's latest NAV is ₹30.8315 as of 5/12/2026 12:00:00 AM.
SBI Long Term Advantage Fund - Series V -Dir Growth scheme has delivered a return performance of 7.13% in the last 1 year, 20.86% in the last 3 years, and an 15.13 since its launch. With a minimum SIP investment of just ₹, this scheme offers a great investment opportunity for those looking to invest in ELSS.
- Min SIP Investment Amt
- ₹
- AUM (Cr.)
- ₹ 320
- 3Y Return
- 20.86%
Current NFO
-
-
07 May 2026
Launch Date
18 May 2026
Closed Date
-
-
07 May 2026
Launch Date
18 May 2026
Closed Date
Closed NFO
-
-
16 Mar 2026
Launch Date
24 Mar 2026
Closed Date
Other Calculators
Frequently Asked Questions
SBI Mutual Fund is a leading Indian asset management company sponsored by the State Bank of India. It is popular because of its long history, wide presence, and diversified range of SBI mutual fund schemes across equity, debt, hybrid, and index categories.
There is no single “best SBI mutual fund” for everyone. The right choice depends on your risk profile, investment horizon, and financial objectives. On 5paisa, you can compare different SBI mutual fund schemes by category and strategy, then align them with your goals instead of chasing only past returns.
SBI mutual fund returns for each scheme are available on the scheme detail pages on platforms like 5paisa and on the official SBI Mutual Fund website. Always remember that historical performance is not a guarantee of future results and should be just one part of your decision-making.
You can invest in SBI mutual fund schemes on 5paisa by creating an account, completing KYC, browsing the list of SBI mutual fund schemes, and then placing an order either via SIP or lump sum. The entire journey is paperless and managed online.
Yes, you can invest in direct plans of SBI mutual fund schemes on 5paisa. Direct plans typically have a lower expense ratio than regular plans because there is no distributor commission involved.
No. While SBI manages several well-known equity funds, it also offers a wide range of debt, hybrid, and solution-oriented schemes. Investors can build diversified portfolios using a mix of SBI mutual fund schemes depending on their risk and return expectations.
Yes. You can initiate a new SIP, change the SIP amount or date (subject to scheme and platform rules), or stop an SIP in SBI mutual fund schemes through the SIP management section in your 5paisa account.
You need a PAN, valid address proof, a bank account in your name, and a completed KYC. Once these are in place, you can begin investing in SBI mutual fund schemes seamlessly through 5paisa.
It is fairly simple to increase your SIP amount in SBI Mutual Fund with 5paisa app. All you need to do is open up your running SIP on the 5paisa trading app and adjust the SIP amount or add another SIP in another scheme that is aligned with your plan.