SBI Comma Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The SBI Comma Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.82% since inception. SBI Comma Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 19.4% 19.02% 18.25% 18.57% 13.82%

Q: How much does this mutual fund charge as expense ratio?

The SBI Comma Fund - Direct Growth has an expense ratio of 1.6% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹118.3406-1.42% 1 day change	13.82% p.a.	App exclusive #NA View Ranked Funds	₹863 Cr

Historical NAV & returns

NAV: ₹118.3406 as on Feb 02, 2026

This fund Category average

SBI Comma Fund overview

Expense ratio	1.6% as on Feb 02, 2026
Exit load	0.5% Exit load of 0.50% if redeemed within 30 days.!
AUM (Fund size)	₹863 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NIFTY Commodities TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

SBI Comma Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.45%	-5.86%
3 Months	-0.16%	-6.31%
6 Months	5.63%	-2.47%
1 Year	19.4%	4.55%
2 Years	9.23%	6.88%
3 Years	19.02%	16.62%
4 Years	10.4%	12.48%
5 Years	18.25%	15.36%
7 Years	19.43%	15.54%
10 Years	18.57%	13.48%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 52.93%

Mid Cap 17.92%

Small Cap 24.18%

Other Cap 0%

Top holdings

Tata Steel Ltd.8.92%

Reliance Industries Ltd.7.73%

Indian Oil Corporation Ltd.4.82%

Vedanta Ltd.4.73%

Top sectors

Metals & Mining 32.61%

Energy 31.62%

Materials 15.850000000000001%

Chemicals 6.6499999999999995%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.33%

Allocation by Instruments

Repo 5.88%

Treasury Bills 0.33%

Other Holdings

Others 5.88%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Comma Fund	-2.45%	5.63%	19.4%	19.02%	18.25%	18.57%
ICICI Prudential Manufacturing Fund	-4.29%	0.56%	12.31%	25.11%	23.08%	14.14%
ICICI Prudential Exports and Services Fund	-4.74%	0.97%	9.13%	19.25%	17.99%	14.59%
Sundaram Services Fund	-5.94%	0.44%	9.19%	19.21%	19.1%	14.12%
UTI Transportation and Logistics Fund	-6.66%	6.64%	15.26%	24.57%	19.93%	15.06%
ICICI Prudential Commodities Fund	-1.54%	7.25%	23.21%	20.06%	26.31%	17.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Comma Fund	15.12	1.03	0.83	1.36
ICICI Prudential Manufacturing Fund	15.88	1.05	1.12	1.61
ICICI Prudential Exports and Services Fund	11.2	0.83	1.13	2.19
Sundaram Services Fund	12.28	0.88	1.03	1.69
UTI Transportation and Logistics Fund	15.99	0.9	1.07	1.39
ICICI Prudential Commodities Fund	14.62	0.95	0.94	1.44

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Comma Fund	N.A.	863 Cr	13 yrs 1 m	1.6%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	7 yrs 4 m	0.79%
ICICI Prudential Exports and Services Fund	N.A.	1,434 Cr	13 yrs 1 m	1.67%
Sundaram Services Fund	N.A.	4,809 Cr	7 yrs 5 m	0.68%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	13 yrs 1 m	0.83%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	6 yrs 4 m	1.0%

View all Thematic funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.32 vs. 1.81 Higher outperformance against benchmark
Sharpe	0.83 vs. 2.69 Poor risk-adjusted returns
Beta	1.03 vs. 0.36 More sensitive to market's ups & downs
Standard deviation	15.12 vs. 4.47 More volatile performance

About this fund

About SBI Comma Fund

SBI Comma Fund Direct-Growth is a Thematic mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. SBI Comma Fund Direct-Growth has ₹863 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Comma Fund Direct-Growth as of 02/02/2026 is ₹118.34. The fund has an expense ratio of 1.6%, which is higher than what most other Thematic funds charge.

SBI Comma Fund Direct-Growth returns of last 1-year are 16.15%. Since launch, it has delivered 13.83% average annual returns. The fund has doubled the money invested in it every 5 yrs.
SBI Comma Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Metals & Mining, Energy, Materials, Chemicals, Consumer Staples sectors. It has taken less exposure in Metals & Mining, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in Tata Steel Ltd., Reliance Industries Ltd., Indian Oil Corporation Ltd., Vedanta Ltd., Ultratech Cement Ltd..

...

Fund AUM	863 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Dinesh Balachandran

Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA. Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.

Investment objective

The scheme seeks to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,63,745 Cr as on Dec 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI PSU Fund	N.A.	5,817 Cr	21.1%	29.59%
SBI Contra Fund	N.A.	49,967 Cr	7.43%	22.18%
SBI Infrastructure Fund	N.A.	4,727 Cr	1.77%	21.26%
SBI ELSS Tax Saver Fund	N.A.	32,609 Cr	7.71%	19.85%
SBI Midcap Fund	N.A.	23,315 Cr	0.98%	18.9%
SBI Large & Midcap Fund	N.A.	37,443 Cr	12.87%	18.61%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of SBI Comma Fund Direct-Growth?

The current Net Asset Value (NAV) of the SBI Comma Fund - Direct Growth plan is approximately ₹118.3406 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Comma Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.82% since inception.

SBI Comma Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
19.4%	19.02%	18.25%	18.57%	13.82%

How much does this mutual fund charge as expense ratio?

The SBI Comma Fund - Direct Growth has an expense ratio of 1.6%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The SBI Comma Fund currently has assets under management (AUM) or fund size valued at approximately 863 Cr as on Dec 31, 2025.

What are the top stock holdings of SBI Comma Fund?

The SBI Comma Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Tata Steel Ltd.	8.92%
Reliance Industries Ltd.	7.73%
Indian Oil Corporation Ltd.	4.82%
Vedanta Ltd.	4.73%
Ultratech Cement Ltd.	4.64%
JSW Steel Ltd.	4.05%
CESC Ltd.	4.02%
Steel Authority Of India Ltd.	4.0%
Oil And Natural Gas Corporation Ltd.	3.9%
Hindustan Petroleum Corporation Ltd.	3.47%

What are the top sectors SBI Comma Fund has invested in?

The SBI Comma Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Metals & Mining	32.61%
Energy	31.62%
Materials	15.850000000000001%
Chemicals	6.6499999999999995%
Consumer Staples	3.8%
Textiles	2.79%
Services	1.71%

What is risk level of SBI Comma Fund?

This is a Thematic fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in SBI Comma Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for SBI Comma Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the SBI Comma Fund is complete.

How can I redeem my investments in SBI Comma Fund?

Redeeming your investments in the SBI Comma Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Thematic

#NA

Return Outperformance: This fund has generated highest return amongst Thematic funds in the last 10 Years.
Age: This is the 2nd oldest Thematic fund.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 13.53% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50% if redeemed within 30 days.