SBI Mutual Funds

SBI Mutual Fund

Formed under the Trust Act of 1882, SBI Funds Management Ltd (SBIFML) holds the distinction of being India’s oldest public sector fund house. SBI Mutual Fund is a joint venture between the State Bank of India and Amundi, which is a French asset management company. 

Registered with the Securities and Exchange Board of India (SEBI), the firm is renowned as the 1st mutual fund player in the Indian industry to launch Contra and ESG (Environmental, social, and governance) Fund. With assets managed over Rs. 886,151.89 crore as of 31 December 2023, this leading Indian AMC has surpassed Aditya Birla and HDFC Mutual Funds to become the 3rd largest mutual fund body by AUM (Assets under Management). 

Invest in SBI Mutual Fund

Best SBI Mutual Funds

  • Equity Funds
  • Debt Funds
  • Hybrid Funds
Fund Name
AUM
1 Yr Return
Exp. Ratio
SBI Small Cap Fund Direct Plan Growth
SBI Small Cap Fund Direct Plan Growth
₹340280629000 Cr
-1.42%
0.70%
Invest
SBI Contra Fund Direct Growth
SBI Contra Fund Direct Growth
₹454957123000 Cr
3.26%
0.62%
Invest
SBI Long Term Equity Fund Direct Growth
SBI Long Term Equity Fund Direct Growth
₹296674052000 Cr
3.97%
0.93%
Invest
SBI Psu Fund - Direct Plan - Growth
SBI Psu Fund - Direct Plan - Growth
₹52586823000 Cr
-1.14%
0.81%
Invest
SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth
₹522511360000 Cr
6.56%
0.81%
Invest
SBI Nifty Index Fund Direct Growth
SBI Nifty Index Fund Direct Growth
₹98387743000 Cr
5.75%
0.22%
Invest
SBI Magnum Midcap Fund Direct Growth
SBI Magnum Midcap Fund Direct Growth
₹224061161000 Cr
2.88%
0.82%
Invest
SBI Large & Midcap Fund Direct Growth
SBI Large & Midcap Fund Direct Growth
₹312955644000 Cr
7.16%
0.74%
Invest
SBI Focused Equity Fund Direct Plan Growth
SBI Focused Equity Fund Direct Plan Growth
₹371222847000 Cr
8.95%
0.76%
Invest
SBI Nifty Next 50 Index Fund Direct Growth
SBI Nifty Next 50 Index Fund Direct Growth
₹17253772000 Cr
-5.58%
0.34%
Invest
SBI Technology Opportunities Fund Direct Growth
SBI Technology Opportunities Fund Direct Growth
₹45299932000 Cr
15.55%
0.88%
Invest
SBI Nifty Smallcap 250 Index Fund Direct Growth
SBI Nifty Smallcap 250 Index Fund Direct Growth
₹14222653000 Cr
0.84%
0.45%
Invest
SBI Flexicap Fund Direct Growth
SBI Flexicap Fund Direct Growth
₹217471673000 Cr
2.26%
0.85%
Invest
SBI Banking And Financial Services Fund - Direct Plan-growth
SBI Banking And Financial Services Fund - Direct Plan-growth
₹79987766000 Cr
15.00%
0.74%
Invest
SBI Healthcare Opportunities Fund Direct Growth
SBI Healthcare Opportunities Fund Direct Growth
₹36892846000 Cr
21.86%
0.90%
Invest
SBI Multicap Fund Direct Growth
SBI Multicap Fund Direct Growth
₹205588730000 Cr
11.12%
0.86%
Invest
SBI Infrastructure Fund Direct Growth
SBI Infrastructure Fund Direct Growth
₹50602525000 Cr
-3.14%
0.98%
Invest
SBI Nifty Midcap 150 Index Fund Direct Growth
SBI Nifty Midcap 150 Index Fund Direct Growth
₹8472541000 Cr
3.65%
0.45%
Invest
SBI Consumption Opportunities Fund Direct Plan Growth
SBI Consumption Opportunities Fund Direct Plan Growth
₹30518569000 Cr
1.84%
0.93%
Invest
SBI Us Specific Equity Active Fof Direct Plan Growth
SBI Us Specific Equity Active Fof Direct Plan Growth
₹9447065000 Cr
14.23%
0.94%
Invest

Key Information

Mutual Fund Name

SBI Mutual Fund

Established

June, 1987

Trustee Organisation

SBI Mutual Fund Trustee Company Private Limited

How to Start investing in SBI Mutual Fund?

After you have understood how SBI Mutual Funds are, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.

Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).

Step 2: Once your Free investment account is ready, you can either search for an SBI mutual fund or go to the mutual fund section.

Step 3: Choose any SBI Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.

Step 4: You can choose to set up SIP in any SBI Mutual Funds or even invest as a lump sum. Once you are on the individual SBI mutual Fund page, SBI from the bottom “One-time” for lump sum investment or “SIP” for systematic investment plan.

Step 5: Choose the amount that you want to invest as SIP or Lumpsum.

Step 6: Set up payments. If you choose to set up SIP in any SBI mutual funds, you can do a free automatic pay set up via bank mandate or UPI. If you choose to invest in a lump sum (one-time), then you can pay via UPI, net banking, NEFT or RTGS.

List of SBI Funds Management Ltd Fund Managers

Name
Experience
Schemes
Anup Upadhyay
14 Years
9
Lokesh Mallya
9 Years
9
Saurabh Pant
12 Years
17
Dinesh Balachandran
10 Years
23
R. Srinivasan
11 Years
15
Mansi Sajeja
12 Years
28
Milind Agrawal
9 Years
3
Neeraj Kumar
13 Years
8
Raviprakash Sharma
20 Years
13
Nidhi Chawla
12 Years
11
Mohit Jain
6 Years
14
Rajeev Radhakrishnan
18 Years
31
Tanmaya Desai
11 Years
10
Ranjana Gupta
23 Years
116
Raj gandhi
16 Years
7
Harsh Sethi
18 Years
24

Contact Information

Address

9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400051

Phone Number

1800 209 3333 / 1800 425 5425

Email ID

customer.delight@sbimf.com 

Frequently asked questions

Can I redeem my SBI Mutual Funds units offline?

Yes, you can redeem your mutual fund units offered by SBI Funds Management Limited offline by visiting the nearest fund house and submitting a request form. 

Who manages the Canara Robeco Mutual Fund?

A team of skilled fund managers actively manages these funds. These managers use their expertise, research, and awareness of market trends to make investment decisions, aiming to deliver returns in line with the scheme’s objectives.

Can I pause my SIP in SBI mutual fund anytime I want?

The SBI Mutual Fund allows its investors to be able to pause their SIPs for a maximum tenure of 3 months. In case if you have directly invested in the funds, you need to also fill out the SIP pause form online on the host website and also specify the intended time- period you wish to pause your SIPs. On the expiry of the time period, the SIP shall continue automatically

Who is the trustee of SBI Funds Management Limited?

SBI Mutual Fund Trustee Company Private Limited is the trustee of SBI Funds Management Limited.

Do I need a demat account for investing in SBI Mutual Funds with INDmoney?

Yes, you need to open a demat account or link your existing one for investing in SBI Mutual Funds with INDmoney. 

How much money can I invest in SBI Mutual Funds in a month?

When it comes to investment in SBI Mutual Funds, there is no upper cap on the amount you can invest in a month. However, the minimum amount to invest is Rs. 500 per month. 

What are the documents required to invest in SBI Mutual Funds?

To invest in an SBI mutual fund, you have to submit identity and address proof documents along with your PAN card.

How to redeem my investment from SBI Investment Managers (India) Private Limited Ltd?

You can directly withdraw the amount invested in any scheme of SBI Investment Managers (India) Private Limited through the INDmoney app by visiting the scheme's page and clicking on the Redeem button. After submitting the request, the amount will be credited to your bank account within a few days. If you prefer the offline mode, you would have to visit the nearest branch and submit the redemption form. You can also redeem your investment by going to the official website of the SBI Investment Managers (India) Private Limited Limited and signing in with the folio number.

Compare SBI Mutual Fund with other AMCs

AMC
AUM(in Cr)
AUM change (1M)
AUM Rank
ICICI
ICICI
₹8.7L Cr
+ ₹23.7K Cr
1/44
Invest
HDFC
HDFC
₹8.3L Cr
+ ₹53.4K Cr
2/44
Invest
SBI
SBI
₹7.9L Cr
+ ₹20.8K Cr
3/44
Invest
Kotak
Kotak
₹5L Cr
+ ₹36.1K Cr
4/44
Invest
Nippon
Nippon
₹4.3L Cr
+ ₹28.5K Cr
5/44
Invest
Aditya Birla Sun Life
Aditya Birla Sun Life
₹4L Cr
+ ₹38.6K Cr
6/44
Invest
Axis
Axis
₹3.3L Cr
+ ₹2.1K Cr
7/44
Invest
UTI
UTI
₹2.4L Cr
+ ₹12.9K Cr
8/44
Invest