SBI Gilt Fund

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

The SBI Gilt Fund is a 22 yrs 2 m old fund and has delivered average annual returns of 6.45% since inception. SBI Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.72% 6.64% 5.78% 7.73% 6.45%

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

The SBI Gilt Fund has an expense ratio of 0.96% , 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)
₹39.7526-0.39% 1 day change	6.45% p.a.	App exclusive #NA View Ranked Funds	₹10,817 Cr

Historical NAV & returns

NAV: ₹39.7526 as on Feb 02, 2026

This fund Category average

SBI Gilt Fund overview

AUM (Fund size)	₹10,817 Cr
Exit load	0%
Lock-in Period	Nil
Age	22 yrs 2 m since Nov 27, 2003
Benchmark	NIFTY All Duration G-Sec Index
Min. investment	This scheme is currently not buyable
Expense ratio	0.96% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Gilt 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%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 79.24%

Cash & Call Money 20.76%

Top Debt Holdings

GOI 67.55%

Reserve Bank of India 9.1%

Punjab State 2.59%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 3.37%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
Axis Gilt Fund	-0.3%	-0.07%	4.1%	6.95%	5.35%	7.08%
SBI Gilt Fund	0.08%	-0.14%	3.75%	6.65%	5.78%	7.73%
ICICI Prudential Gilt Fund	-0.25%	0.61%	5.7%	7.47%	6.18%	8.12%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Gilt Fund	3.08	0.84	0.2	0.29
SBI Gilt Fund	3.08	0.84	0.2	0.29
Axis Gilt Fund	3.0	0.82	0.3	0.46
SBI Gilt Fund	3.08	0.84	0.2	0.29
ICICI Prudential Gilt Fund	1.91	0.49	0.71	0.83

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
SBI Gilt Fund	N.A.	10,817 Cr	25 yrs 1 m	0.96%
Axis Gilt Fund	N.A.	686 Cr	14 yrs	0.82%
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
ICICI Prudential Gilt Fund	N.A.	9,181 Cr	26 yrs 6 m	1.1%

View all Gilt funds

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

Alpha	-0.63 vs. 1.57 Underperformed at beating benchmark
Sharpe	0.2 vs. 1.85 Poor risk-adjusted returns
Beta	0.84 vs. 0.43 More sensitive to market's ups & downs
Standard deviation	3.08 vs. 2.74 More volatile performance

Compare SBI Gilt Fund in detail with

About this fund

About SBI Gilt Fund

SBI Gilt Fund is a Gilt mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 22 yrs 2 m, having been launched on 27/11/2003. SBI Gilt Fund has ₹10,817 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 Gilt Fund as of 02/02/2026 is ₹39.75. The fund has an expense ratio of 0.96%, which is higher than what most other Gilt funds charge.

SBI Gilt Fund returns of last 1-year are 3.73%. Since launch, it has delivered 6.41% average annual returns. The fund has doubled the money invested in it every 10 yrs.
SBI Gilt Fund 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 above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Reserve Bank of India, Punjab State.

...

Fund AUM	10,817 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Sudhir Agrawal

Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA. Prior to joining SBI MF he has worked with UTI MF, TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Investment objective

The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.

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	3Y
SBI Credit Risk Fund	N.A.	2,175 Cr	7.27%	7.96%
SBI CRISIL IBX Gilt Index - April 2029 Fund	N.A.	2,038 Cr	7.67%	7.85%
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	2,737 Cr	5.6%	7.85%
SBI CRISIL IBX SDL Index - September 2027 Fund	N.A.	998 Cr	7.36%	7.54%
SBI Floating Rate Debt Fund	N.A.	750 Cr	6.84%	7.54%
SBI Medium Duration Fund	N.A.	6,889 Cr	6.65%	7.36%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Gilt Fund?

The current Net Asset Value (NAV) of the SBI Gilt Fund plan is approximately ₹39.7526 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Gilt Fund is a 22 yrs 2 m old fund and has delivered average annual returns of 6.45% since inception.

SBI Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.72%	6.64%	5.78%	7.73%	6.45%

How much does this mutual fund charge as expense ratio?

The SBI Gilt Fund has an expense ratio of 0.96%, 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 Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 10,817 Cr as on Dec 31, 2025.

To whom does SBI Gilt Fund lend to?

The top 3 debt holdings of SBI Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	67.55%
Reserve Bank of India	9.1%
Punjab State	2.59%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The SBI Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	79.24%
Cash & Call Money	20.76%

What is risk level of SBI Gilt Fund?

This is a Gilt fund comes with Moderate risk.

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

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

How can I redeem my investments in SBI Gilt Fund?

Redeeming your investments in the 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 Gilt

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.