SBI Savings Fund

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

The SBI Savings Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 6.98% since inception. SBI Savings Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.82% 7.0% 5.79% 6.37% 6.98%

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

The SBI Savings Fund has an expense ratio of 0.66% , 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)
₹42.8884+0.04% 1 day change	6.98% p.a.	App exclusive #NA View Ranked Funds	₹33,642 Cr

Historical NAV & returns

NAV: ₹42.8884 as on Feb 02, 2026

This fund Category average

SBI Savings Fund overview

AUM (Fund size)	₹33,642 Cr
Exit load	0%
Lock-in Period	Nil
Age	21 yrs 6 m since Jul 05, 2004
Benchmark	CRISIL Money Market A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.66% 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 Savings 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	0.3%	0.3%
3 Months	1.25%	1.13%
6 Months	2.61%	2.54%
1 Year	6.82%	6.8%
2 Years	6.99%	7.09%
3 Years	7.0%	7.12%
4 Years	6.39%	6.53%
5 Years	5.79%	5.91%
7 Years	5.97%	6.03%
10 Years	6.37%	6.77%

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

A1+ 86.61%

SOV 14.44%

Others 0.28%

Cash & Call Money -1.33%

Top Debt Holdings

Bank Of Baroda 8.26%

Reserve Bank of India 8.0%

Punjab National Bank 6.24%

HDFC Bank Ltd. 6.21%

Allocation by Instruments

Certificate of Deposit 52.95%

Commercial Paper 33.660000000000004%

Treasury Bills 8.0%

State Development Loan 3.9899999999999993%

Other Holdings

Others 0.28%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Savings Fund	0.3%	2.61%	6.82%	7.0%	5.79%	6.37%
UTI Money Market Fund	0.3%	2.77%	7.17%	7.46%	6.27%	6.7%
Aditya Birla Sun Life Money Manager Fund	0.24%	2.67%	6.99%	7.41%	6.25%	6.78%
Sundaram Money Market Fund	0.29%	2.71%	7.05%	7.22%	5.98%	4.5%
Nippon India Money Market Fund	0.28%	2.7%	7.1%	7.41%	6.27%	6.7%
Aditya Birla Sun Life Money Manager Fund	0.24%	2.67%	6.99%	7.41%	6.26%	6.78%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Savings Fund	0.35	0.47	1.81	3.14
UTI Money Market Fund	0.37	0.53	2.85	4.38
Aditya Birla Sun Life Money Manager Fund	0.39	0.59	2.61	3.44
Sundaram Money Market Fund	0.37	0.53	2.25	3.49
Nippon India Money Market Fund	0.39	0.55	2.61	4.03
Aditya Birla Sun Life Money Manager Fund	0.39	0.59	2.61	3.44

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Savings Fund	N.A.	33,642 Cr	21 yrs 6 m	0.66%
UTI Money Market Fund	N.A.	19,301 Cr	16 yrs 6 m	0.22%
Aditya Birla Sun Life Money Manager Fund	N.A.	27,449 Cr	20 yrs 3 m	0.37%
Sundaram Money Market Fund	N.A.	1,835 Cr	7 yrs 4 m	0.32%
Nippon India Money Market Fund	N.A.	20,190 Cr	20 yrs 7 m	0.38%
Aditya Birla Sun Life Money Manager Fund	N.A.	27,449 Cr	22 yrs 8 m	0.37%

View all Money Market funds

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

Alpha	1.51 vs. 3.16 Underperformed at beating benchmark
Sharpe	1.81 vs. 2.89 Poor risk-adjusted returns
Beta	0.47 vs. 1.71 Less sensitive to market ups & downs
Standard deviation	0.35 vs. 0.31 More volatile performance

Compare SBI Savings Fund in detail with

About this fund

About SBI Savings Fund

SBI Savings Fund is a Money Market mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 21 yrs 6 m, having been launched on 05/07/2004. SBI Savings Fund has ₹33,642 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 Savings Fund as of 02/02/2026 is ₹42.89. The fund has an expense ratio of 0.66%, which is higher than what most other Money Market funds charge.

SBI Savings Fund returns of last 1-year are 6.83%. Since launch, it has delivered 6.98% average annual returns. The fund has doubled the money invested in it every 11 yrs.
SBI Savings 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 very high indicating it has lent to borrowers whose quality is excellent. 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 Bank Of Baroda, Reserve Bank of India, Punjab National Bank, HDFC Bank Ltd., Cholamandalam Investment and Finance Company Ltd..

...

Fund AUM	33,642 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Rajeev Radhakrishnan

Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA. Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Investment objective

The scheme seeks to provide the investors an opportunity to invest in money market instruments.

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 Savings Fund?

The current Net Asset Value (NAV) of the SBI Savings Fund plan is approximately ₹42.8884 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Savings Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 6.98% since inception.

SBI Savings Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.82%	7.0%	5.79%	6.37%	6.98%

How much does this mutual fund charge as expense ratio?

The SBI Savings Fund has an expense ratio of 0.66%, 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 Savings Fund currently has assets under management (AUM) or fund size valued at approximately 33,642 Cr as on Dec 31, 2025.

To whom does SBI Savings Fund lend to?

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

Holding Name	Percentage of Portfolio
Bank Of Baroda	8.26%
Reserve Bank of India	8.0%
Punjab National Bank	6.24%

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 Savings Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	86.61%
SOV	14.44%
Others	0.28%

What is risk level of SBI Savings Fund?

This is a Money Market 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 Savings Fund?

Redeeming your investments in the SBI Savings 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 Money Market

#NA

Return Outperformance: This fund has generated highest return amongst Money Market funds in the last 1 Year.
Exit Load: This fund has no exit load.
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.
Return/Risk: The fund is performing poorly than its category.