SBI Mutual Fund is headed by Mr Dinesh Kumar Khara, Chairman and Mr Vinay Tonse, Managing Director and Chief Executive Officer. Mr Ashwini Tewari and Mr Fathi Jerfel are Associate Directors.
SBI MF runs more than 140 mutual fund schemes in India across categories like equity, debt, balanced, ELSS, ETF, Fixed Maturity Plans, Liquid, and the like. The company’s portfolio includes the following: View More
SBI Mutual Fund Key Information
- Founded on
- 29th June 1987
- Name of the Mutual Fund
- SBI Mutual Fund
- Sponsor Name
- State Bank of India
- Trustee Name
- SBI Mutual Fund Trustee Company Private Limited
- Managing Director & Chief Executive Officer
- Mr Vinay M. Tonse
- Compliance Officer
- Ms Vinaya Datar
- Auditor
- C N K & ASSOCIATES LLP Chartered Accountants Narain Chambers, 5th Floor, Vile Parle (E), Mumbai – 400 057
- Address
- 9th Floor, Crescenzo, C- 38 & 39, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 Tel: +91 22 61793000 • Fax : + 91 22 67425687 Website : www.sbimf.com
SBI Mutual Fund Managers
R. Srinivasan
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.
Richard D’Souza
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.
Sohini Andani
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.
Dinesh Balachandran
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.
Rohit Shimpi
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.
Rajeev Radhakrishnan
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?
If you want to invest in SBI Mutual Funds, the process is straightforward on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add SBI and other mutual funds to your portfolio. The steps to invest in SBI Mutual Fund online is as follows: View More
Top 10 SBI Mutual Fund to Invest
- Fund Name
- Min SIP Investment Amt
- AUM (Cr.)
- 3Y Return
SBI Banking & Financial Services Fund is an Sectoral / Thematic scheme that was launched on 26-02-15 and is currently under the management of our experienced fund manager Milind Agrawal. With an impressive AUM of ₹4,018 Crores, this scheme's latest NAV is ₹29.4671 as of 09-06-23.
SBI Banking & Financial Services Fund scheme has delivered a return performance of 18.6% in the last 1 year, 25.1% in the last 3 years, and an 13.9% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹4,018
- 3Y Return
- 18.6%
SBI Focused Equity Fund is an Focused scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager R Srinivasan. With an impressive AUM of ₹27,962 Crores, this scheme's latest NAV is ₹264.6852 as of 09-06-23.
SBI Focused Equity Fund scheme has delivered a return performance of 14.3% in the last 1 year, 22.7% in the last 3 years, and an 14.9% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Focused funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹27,962
- 3Y Return
- 14.3%
SBI Equity Hybrid Fund is an Aggressive Hybrid scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager R Srinivasan. With an impressive AUM of ₹56,299 Crores, this scheme's latest NAV is ₹231.1259 as of 09-06-23.
SBI Equity Hybrid Fund scheme has delivered a return performance of 10.8% in the last 1 year, 18.4% in the last 3 years, and an 14.4% since its launch. With a minimum SIP investment of just ₹1,000, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid funds.
- Min SIP Investment Amt
- ₹1,000
- AUM (Cr.)
- ₹56,299
- 3Y Return
- 10.8%
SBI Large & Midcap Fund is an Large & Mid Cap scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Saurabh Pant. With an impressive AUM of ₹10,512 Crores, this scheme's latest NAV is ₹444.7445 as of 09-06-23.
SBI Large & Midcap Fund scheme has delivered a return performance of 22.1% in the last 1 year, 30.4% in the last 3 years, and an 16.7% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Large & Mid Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹10,512
- 3Y Return
- 22.1%
SBI Magnum Global Fund is an Sectoral / Thematic scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager R Srinivasan. With an impressive AUM of ₹5,539 Crores, this scheme's latest NAV is ₹333.626 as of 09-06-23.
SBI Magnum Global Fund scheme has delivered a return performance of 20.8% in the last 1 year, 23.5% in the last 3 years, and an 16.3% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹5,539
- 3Y Return
- 20.8%
SBI Small Cap Fund is an Small Cap scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager R Srinivasan. With an impressive AUM of ₹16,592 Crores, this scheme's latest NAV is ₹134.1118 as of 09-06-23.
SBI Small Cap Fund scheme has delivered a return performance of 21% in the last 1 year, 37.8% in the last 3 years, and an 25.2% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Small Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹16,592
- 3Y Return
- 21%
SBI Magnum Gilt Fund is an Gilt scheme that was launched on 03-01-13 and is currently under the management of our experienced fund manager Dinesh Ahuja. With an impressive AUM of ₹6,463 Crores, this scheme's latest NAV is ₹59.335 as of 09-06-23.
SBI Magnum Gilt Fund scheme has delivered a return performance of 9.7% in the last 1 year, 5.4% in the last 3 years, and an 9.4% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Gilt funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹6,463
- 3Y Return
- 9.7%
SBI Long Term Equity Fund is an ELSS scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Dinesh Balachandran. With an impressive AUM of ₹12,998 Crores, this scheme's latest NAV is ₹275.2829 as of 09-06-23.
SBI Long Term Equity Fund scheme has delivered a return performance of 24% in the last 1 year, 28.6% in the last 3 years, and an 14.4% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in ELSS funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹12,998
- 3Y Return
- 24%
SBI Contra Fund is an Contra scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Dinesh Balachandran. With an impressive AUM of ₹9,719 Crores, this scheme's latest NAV is ₹264.7325 as of 09-06-23.
SBI Contra Fund scheme has delivered a return performance of 26.3% in the last 1 year, 41.8% in the last 3 years, and an 15.4% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Contra funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹9,719
- 3Y Return
- 26.3%
SBI Technology Opportunities Fund is an Sectoral / Thematic scheme that was launched on 10-01-13 and is currently under the management of our experienced fund manager Saurabh Pant. With an impressive AUM of ₹2,812 Crores, this scheme's latest NAV is ₹157.9786 as of 09-06-23.
SBI Technology Opportunities Fund scheme has delivered a return performance of 6.9% in the last 1 year, 30.9% in the last 3 years, and an 20.3% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹2,812
- 3Y Return
- 6.9%
Frequently Asked Questions
What is SBI Mutual Fund?
SBI Funds Management Private Limited (SBIFMPL) is the Investment and Asset Manager of SBI Mutual Fund. SBIFMPL is one of the largest mutual fund houses in India.
Where is SBI Mutual Fund’s Headquarters located?
SBIFMPL’s headquarters is located on the 9th Floor, Crescenzo, C- 38 & 39, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051.
How much should I invest in EMI in SBI Mutual Fund?
The right amount depends on your goals, risk tolerance and the availability of funds. After considering these factors, you can fix an amount along with the tenure for your EMI investments in SBI mutual funds.
Can you increase the SIP amount for an SBI Mutual Fund?
Yes, you can easily increase the SIP amount at any time. To do so, follow the process below:
- Go to the SIP section and select the SIP that you want to increase/revise the amount for
- Once you have selected the SIP of your choice, choose the EDIT SIP option
- Update the SIP amount, frequency, or instalment date as per your preference
- Once you have updated the details, you will receive a notification about the revisions to your SIP
Do I need a DEMAT account for investing in SBI Mutual Funds with 5Paisa?
You don’t necessarily have to open a DEMAT account to buy Mutual Funds. With 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App, you can easily invest in mutual funds. You can download 5paisa Invest App & instantly open an MF Account.
How many schemes are offered by SBI Mutual Fund?
SBI Mutual Fund currently offers 9 Market Cap oriented, 9 Thematic/ Sector schemes, 8 duration based, 6 hybrids, 12 passive strategies, 6 solution-oriented, 5 money market, 2 credit-oriented, 1 FoF Domestic, 1 FoF Overseas, and 87 close-ended mutual fund schemes.
Should I invest in lumpsum or EMI in SBI Mutual Fund?
The answer depends upon your goals and the availability of funds. If you have received a lump sum that you are looking to invest, you can invest it all in one go. In case you are at the end of the financial year and are looking to invest for tax-saving, you can again explore the option of lumpsum investment.
However, if you are looking at long-term wealth creation and prefer a more accessible investment instrument, you can consider the EMI option.
The latter also helps in averaging the cost and gives you the benefit when the market is down.
What is the minimum amount to start an SBI Mutual Fund SIP online?
The minimum amount for each SBI mutual fund depends on your selected option. However, the lowest amount you can choose for an SBI mutual fund SIP is INR 100, while it is INR 1000 for a lump sum investment.
What are the additional benefits of investing in SBI Mutual Funds with 5Paisa?
With 5Paisa, you can easily invest in SBI Mutual Fund and other investment options at ZERO commission. In addition, investing with 5Paisa is safe and enables you to the benefits such as:
- Professional Management
- Simple SIP or lump sum investment process
- Liquidity Transparency
- You can invest in mutual funds by starting a SIP as low as INR 500 or with
- Flexibility to choose from a wide range of options
Can you stop an SBI mutual fund online?
Yes, you can stop any SIP online at any time. All you need to do is place a Cancel SIP request. To stop or cancel the SIP, you can do so from the SBI website or simply do it via the 5Paisa account by following the steps below:
- Go to Mutual Fund order Book
- Click on the SIP section
- Click on the SBI scheme that you wish to stop
- Click on the Stop SIP button
That’s it! Your SIP will be stopped, and you can restart the SIP at any time.