SBI Mutual Fund

SBI Mutual Fund is a joint venture between two financial bigwigs - State Bank of India (the largest bank in India) and AMUNDI (one of the leading global asset management companies in France). Established in 1987, it has the distinction of being India's first non-UTI Mutual Fund.

SBI Mutual Fund has completely lived up to its vision statement of being the most trusted and respected asset management company in the country. In the last three decades, it has demonstrated a robust and consistent track record. Its expert team is highly skilled at judicious stock selection, insightful research and optimal risk management.

This Mutual Fund Company offers a host of investment solutions - equity schemes, debt schemes, hybrid schemes, ETFs, Index Funds, etc. It also has solution-oriented offerings that help in the realization of specific financial goals such as retirement planning, children education, etc.

TWith its extensive reach throughout the country (through more than 222 acceptance centres), it caters to 5.8 million investors and manages assets worth more than ₹3,73,000 crores.

SBI Mutual Fund caters to investors with varying needs, risk appetite and investment horizon. The performance of mutual funds is calculated based on different parameters like past performance, the track record of the fund managers, the different financial ratios and the AUM growth of the fund. Currently, investors can choose from 50 SBI Mutual Fund schemes across various categories. Here is a list of the top-performing SBI Mutual Funds across different fund categories.

SBI Equity Mutual funds seeks to maximize capital appreciation over the long run. They invest predominantly in equity or equity-related instruments which have the potential for generating high returns. The risk quotient of these SBI Mutual Fund ranges between moderately high to high due to the inherent volatility associated with equity investments.

Currently, there are 18 open-ended schemes of Pure Equity SBI Mutual Funds. These equity funds of SBIMF vary from large-cap to mid-cap to small and micro-cap to sectoral funds. The total AUM of these 18 schemes is more than Rs. 80,000 Crores.

Here is a list of the top-performing SBI Mutual Funds in the equity category.

SBI Debt Mutual funds invest in debt and money market instruments. These include fixed income securities such as government bonds, T-Bills, Commercial Papers, Commercial Deposits, etc. The core objective of these SBI Mutual Fund schemes is to provide regular and steady income to the investors. The risk quotient of these schemes ranges between low to moderate. Due to this, they are perfect for conservative or risk-averse investors. Currently, SBI Mutual Funds offers 14 open-ended schemes in this category.

The debt category mutual funds consist of SBI Liquid Funds (AUM ₹51,614 Cr crores, as on 30-April-2020), SBI Gilt Funds ( AUM ₹2,433 Cr crores, as on 30-April-2020), Fixed Maturity Plans approx. ( AUM ₹31,000 crores, as on 30-April-2020) and other Debt Schemes, both open-ended as well as close-ended ones (AUM ₹61,181.04 crores, as on 30-April-2020).

Here is a list of the top-performing SBI Mutual Funds in the debt category.

SBI Hybrid Mutual funds invest across debt and equity funds in order to offer investors regular income as well as capital growth. The proportion of each component depends on the scheme's overall objective.

SBI Mutual Funds offer a wide range of hybrid funds with varying risk quotients ranging from moderately low to moderately high. Currently, there are Six Hybrid schemes offered by SBI Mutual funds.

SBI Tax Saving Mutual Funds fall under the category of ELSS (Equity Linked Savings Scheme). They provide dual benefit to investors - capital appreciation through equity investment and income tax savings as per Sec 80C. Investments in this mutual fund scheme are subject to a mandatory lock-in period of three years. Compared to other conventional tax-saving options, these are better with a shorter lock-in period and potential for higher returns. One can invest in these SBI Mutual Funds online with as low as ₹500.

There is only one open-ended SBI Tax Saving Scheme called SBI Long term Equity fund with an AUM of ₹6,215 crores as on 30-April-2020 which has a 3-year lock-in period.

This fund under the hood are typically Multi-cap Equity funds, which means this can invest in companies of all sizes and sectors, thus creating a diversified portfolio. This way your risk will be handled better as your investments are spread out.

• SBI Blue Chip Fund

  • Investment Objective:

    The Fund Objective of the SBI BlueChip Fund is to provide an opportunity for investors for long-term capital appreciation through active management of the portfolio in the segment of large-cap equity investment.

  • Fund Details:

    The Fund Category is Equity- Large Cap Fund with an AUM of ₹19,785 crores as on 30-April-20. The scheme was launched on 14-Feb-2006. The NAV for the Direct Plan, Growth was ₹36.64 as on 2nd-June-2020 and the same for Regular Plan, Growth was ₹34.31. The fund has given 11.06% return since inception. The benchmark for this scheme is S&P BSE 100 TRI Index and the Fund Manager is Ms Sohini Andani.

    The Fund Category is Equity- Large Cap Fund with an AUM of ₹19,785 crores as on 30-April-20. The scheme was launched on 14-Feb-2006. The NAV for the Direct Plan, Growth was ₹36.64 as on 2nd-June-2020 and the same for Regular Plan, Growth was ₹34.31. The fund has given 11.06% return since inception. The benchmark for this scheme is S&P BSE 100 TRI Index and the Fund Manager is Ms Sohini Andani.

    The expense of the SBI BlueChip Fund is 1.90% for regular plans and 1.04% for direct plans. There would be an exit load would be 1% if you redeem before completion of one year from date of investment.

    SBI Bluechip fund has a strong exposure in the banking and finance sector. Among all of these, it has maximum exposure to ICICI Bank and HDFC Banks. Here is the detailed table on holding for this scheme.

    The portfolio holding as on 30-April-2020 is:

    Company	Sector	% Assets
    HDFC Bank	Financial	9.5
    ICICI Bank	Financial	6.18
    Reliance Industries	Energy	4.96
    Divi's Laboratories	Healthcare	4.26
    Nestle India	FMCG	4.16

    The minimum lump sum investment in SBI Bluechip Fund is ₹5000 and for SIP it is ₹500.

• SBI Magnum Multicap Fund

  • Investment Objective:

    The Fund Objective of the SBI Magnum Multicap Fund is to provide an opportunity for investors to create wealth along with long-term capital accumulation along with liquidity. This funds can invest across market capitalisation in the entire spectrum of equity investments. These funds can invest in any market cap as per the market conditions whether it is large cap, mid cap or small cap.

  • Fund Details:

    The Fund Category is Equity with an AUM of ₹7912 crores as on 30-April-20. The scheme was launched on 29-Sep-2005. The NAV for the Direct Plan, Growth was ₹44.69 as on 02-june-2020 and the same for Regular Plan, Growth was ₹41.88. The fund has given a 12.25% return since inception as on 30-April-20. The benchmark for this scheme is S&P BSE 500 TRI Index and the Fund Manager is Mr. Anup Upadhyay.

    The expense of the SBI Magnum Multicap Fund is 2.01% for regular plans and 1.01% for direct plans. There would be an exit load would be 1% if you redeem before completion of one year from the date of investment.

    The portfolio holding as on 30-April-2020:

    Company	Sector	% Assets
    HDFC Bank	Financial	9.09
    ICICI Bank	Financial	6.79
    Tata Consultancy Services	Technology	6.11
    ITC	FMCG	4.6
    Kotak Mahindra Bank	Financial	3.81

    The minimum lump sum investment in SBI Bluechip Fund is ₹1000 and for SIP it is ₹500.

• SBI Focused Equity Fund

  • Fund Details:

    This fund seeks to provide the investor with the opportunity of long term capital appreciation by investing in a concentrated portfolio of equity and equity related securities. The scheme was launched on 11 oct 2004. The NAV for the Direct plan, Growth was 142.29 as on 2nd June 2020 and the same for Regular Plan, Growth was 133.06. The benchmark for this scheme is S&P BSE 500 TRI Index.

    The expense of the SBI Focussed Equity Fund is 1.99% for regular plans and 0.86% for direct plans. There would be an exit load of 1% if you redeem before completion of one year from the date of investment.

    The portfolio holding of the top stocks as on 30-April-2020 is:

    Company	Sector	% Assets
    HDFC Bank	Financial	9.68
    State Bank of India	Financial	9.56
    Alphabet Inc Class A	Technology	7.47
    P&G Hygiene & Health Care	FMCG	7.11
    Bajaj Finance	Financial	6.98

    The minimum lump sum investment in SBI Bluechip Fund is ₹5000 and for SIP it is ₹500.

• SBI Small Cap Fund

  • Fund Details:

    This fund seeks to provide investors with opportunities for long term growth by investing predominantly in a well diversified basket of equity stocks of small cap companies.

    The scheme was launched on 09-Sep-2009. The NAV for the Direct Plan, Growth was ₹50.97 as on 3rd June-20 and the same for Regular Plan, Growth was Rs. 46.89 with a 15.48% return since inception as on 30-April-20. The benchmark for this scheme is S&P BSE Small Cap TRI Index

    The expense of the SBI Small Cap Fund is 2.24% for regular plans and 0.92% for direct plans. There would be an exit load of 1% if you redeem before completion of one year from the date of investment.

    SBI Small Cap Fund has a strong exposure in the Consumer Goods and Industrial Manufacturing sector. Hawkins Cooker Limited, and Dixon Technologies (India) Ltd has the maximum share of holding. Here is the detailed portfolio holding of the top stock as on 30-April-2020:

    Company	Sector	% Assets
    Hawkins Cookers	Cons Durable	5.16
    Dixon Technologies	Engineering	4.76
    Elgi Equipments	Engineering	4
    Navin Fluorine International	Chemicals	3.79
    Bajaj Finance	Financial	6.98

    The minimum lump sum investment in SBI Small Cap Fund is ₹5000 and for SIP it is ₹500.

• SBI Banking & Financial Service Fund

  • Fund Details:

    This fund seeks to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. The scheme was launched on 26-Feb-2016. The NAV for the Direct Plan, Growth was Rs. 14.95 as on 2nd June 2020 and the same for Regular Plan, Growth was Rs. 14.22 . The benchmark for this scheme is Nifty Financial Service Index TRI

    The expense of the SBI Banking & Financial Fund is 2.39% for regular plans and 1.14% for direct plans. There would be an exit load of 1% if you redeem before completion of one year from the date of investment.

    Here is the detailed table of holding of the top stocks as on 30-April-2020 is:

    Company	Sector	% Assets
    HDFC Bank	Financial	14.99
    ICICI Bank	Financial	4.76
    Kotak Mahindra Bank	Financial	10.24
    Axis Bank	Financial	8
    State Bank of India	Financial	7.35
    ICICI Lombard General Insurance Company	Financial	6.16

To know more about our SBI SIP Plans investors can contact at:

To invest in SBI mutual fund online an investor can head to ET Money which charges "Zero Commission" to provide an all-out solution for investors. Here one can explore funds and get clear details of risk, return and consistency before investing.

SBI mutual fund online investment can be done from ET Money. The investor needs to find 'MF by Category' and then choose forth between the subtypes like, 'Market capitalization', 'Diversification', 'Sector & Theme' or 'Solution'(eg.ELSS) and then can choose the SBI SIP or Lumpsum online. The Funds display the Current NAV and the Return % p.a. in the most comprehensible.

There is also a filter option to choose from, like 'Value Research', 'Risk Rating', 'Consistency' and 'Fund Size' and an investor might use these filter options to choose the amount of SBI SIP or lumpsum investment of his choice and requirement.

The SBI Mutual Fund Investment team has a bouquet of experienced and highly qualified professionals managing the funds of the investors at different levels and different job roles. There are stalwarts of the finance market who perform the required amount of research and invest through the clear judgment of their knowledge and experience to provide the best possible service and returns to its investors. Few such people involved in making the Fund Management of SBI Mutual Fund broad-based and strong are

• Mr. Navneet Munot:

  Executive Director and Chief Investment Officer

  Mr. Munot had joined the SBI Fund House as it's Chief Investment Officer in 2008 and is at present even the Executive Director along with holding on to his primary designation. He is taking care of the investment amount worth more than 54 Billion USD.

  Being a Chartered Accountant and a Charter Holder of the CAIA and CFA Institute, he is a veteran of the finance industry and has over 25years. He has the experience of working in various fields like foreign exchange, fixed income and hybrid funds and is the former Chief Investment Officer of Birla Sun Life Mutual Funds.

  He had also been the Executive Director and the Head of the Multi-Strategy Boutique at Morgan Stanley Investment Management post that. His expertise is a pillar for most of the funds in SBI.

• Mr. R. Srinivasan:

  Head of Equity

  Mr. Srinivasan had been a Fund Manager when he had joined SBI Mutual Funds and have moved on to become the Head of equity in the present date. He has had an exposure in the equity market for as long as 25 years.

  And with an experience of working for leading Financial Companies like Future Capitol Holding, Indosuez WI Carr, Principal PNB, Motilal Oswal, Oppenheimer & Co. (Blackstone), has the responsibility of managing many of the funds of SBI Mutual fund directly under him.

• Mr. Anup Upadhyay:

  Head of Research

  Mr. Upadhyay after passing out from IIT Kharagpur had done his Post-Graduation Diploma in Management from IIM Lucknow.

  He is also a Charter holder of the CFA Institute of USA and had started his career in SBI MF as an Equity Analyst for the IT Service Industry. He had been covering stocks of Telecom, Media and later on some Capital Good Stocks too.

  Presently he is the Head of Research at SBI MF and also the Fund Manager for Funds like Equity Opportunity Fund and SBI IT Fund.

• Mr. Rajeev Radhakrishnan:

  Head of Fixed Income and Fund Manager

  Mr. Radhakrishnan presently is the head of the Fixed Income Portfolio of SBI MF and he had joined the State Bank of India AMC as a Portfolio Manager of the Fixed Income Funds in 2008.

  He had remained the Co- Fund Manager of the Fixed Income Funds at UTI AMC for 7 years. He is an engineer and also holds a Postgraduate Degree in Finance from the Mumbai University and is also a charter holder of the CFA Institute, USA.

• Mr. Sanjeev Patkar:

  Portfolio Manager for AIF

  Mr. Patkar joined in 2011 as the Research Head and is the Portfolio Manager for AIF. His exposure to the Mutual Fund and Stock Market had been as long as 22 years.

  In those years he had trodden the journey of being a part of the portfolio management team in Kotak Securities and a core member of the investment team in ENAM. He's been on the buy-side for AMCs like Jardine Fleming and GE Capitals for 8 years.

  He had also been the Director - Research for Dolat Capital and Almondz Global Securities. He also has add-on expertise in Corporate Strategy at Welspun Group for 2 years.