SBI Mutual Fund

SBI Mutual Fund is one of India’s largest Asset Management Companies (AMCs). The AMC was founded in 1987 as a joint venture between the State Bank of India or SBI, India’s largest public-sector bank, and AMUNDI, a French Asset Management Company. While SBI holds a 63% stake, AMUNDI India Holding holds a 37% stake in the AMC. SBI Mutual Fund has played a pioneering role in the Indian mutual fund industry. For example, it was the first Indian AMC to launch a ‘Contra’ fund that went against the established norms to find quality companies with immense growth potential. It is also the first fund house to launch an ESG (Environmental, Social, and Governance) fund to invest in companies that invest in sustainable resources.

Top 10 SBI Mutual Fund Schemes –

Fund Name
1Y Returns
Fund Size (in Cr)
SBI Long Term Advantage Fund – Series IV -Dir Growth Equity Moderately High 27.94 - 187
SBI Long Term Advantage Fund-Series IV -Dir (IDCW) Equity Moderately High 27.94 - 187
SBI Tax Advantage Fund – Series III – Direct Growth Equity Moderately High 21.86 - 31
SBI Tax Advantage Fund-Series III-Direct (IDCW) Equity Moderately High 21.86 - 31
SBI Technology Opportunities Fund – Direct Growth Equity Very High 17.40 - 2,432
SBI Technology Opportunities Fund – Direct (IDCW) Equity Very High 17.40 5 2,432
SBI Small Cap Fund – Direct Growth Equity Very High 16.30 4 12,098
SBI Small Cap Fund – Direct (IDCW) Equity Very High 16.30 5 12,098
SBI Healthcare Opportunities Fund – Direct Growth Equity Very High -5.21 - 1,763
SBI Healthcare Opportunities Fund – Direct (IDCW) Equity Very High -5.22 - 1,763

SBI Mutual Fund runs more than 100 schemes across categories like equity, debt, balanced, ELSS, ETF, Fixed Maturity Plans, Liquid, and the like. The AMC has a physical presence in 222 locations across India. Its SIP (Systematic Investment Plan) book has grown five times between 2016 and 2021, from INR 458 crore to 1,382 crores. The company’s Profit After Tax (PAT) has increased from INR 60,555 lakh in FY-20 to INR 86,276 lakh in FY-21.

SBI Mutual Fund Key Information

(As of 15th July 2021)

Name of the Mutual Fund SBI Mutual Fund
Asset Management Company Name SBI Funds Management Ltd. (SBIFML)
Founded on 29th June 1987
Date of Incorporation 7th February 1992
Sponsor Name State Bank of India
Trustee Name SBI Mutual Fund Trustee Company Private Limited
Chairman Mr Dinesh Kumar Khara
Managing Director & Chief Executive Officer Mr Vinay Tonse
Chief Operating Officer Mr. Ganesan Sonaimuthu
Auditor C N K & ASSOCIATES LLP Chartered Accountants Narain Chambers, 5th Floor, Vile Parle (E), Mumbai – 400 057
Registered Office 9th Floor, Crescenzo, C- 38 & 39, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 Tel: +91 22 61793000 Fax : + 91 22 67425687

How to Invest in SBI Mutual Funds on 5paisa?

You can invest in any SBI Mutual fund schemes via 5paisa App & Website. You need to have an All-in-one account with 5paisa to start your mutual fund investments. If you do not have one, open an account today! Opening All-in-one account with 5paisa is simple and hassle-free Below are the steps to invest in SBI Mutual Fund on 5paisa – Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away. Step 2 – Once logged in to your account, you can search for the preferred SBI Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose SBI AMC from the filter. Step 3 – Select the Best fund according to your criteria. Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”. Step 5 – Once you have made the payment, you will see the investment status in your orderbook. Your SBI Mutual Fund Online Investment with 5paisa is complete and you can enjoy the returns!  Download 5paisa App and start investing in Mutual Funds easily.

SBI Mutual Fund – Top Fund Managers

Mr Richard D’ Souza

Mr Richard D’ Souza joined SBIFMPL as Fund Manager in 2010. He initially managed the Retail PMS division before moving to the equity funds segment. Before joining SBIFMPL, he worked as Portfolio Manager at ASK Investment Managers Private Limited and as an Analyst at Alchemy Shares and Brokerage Firm. Richard’s total experience is over 28 years.