Overview of SBI Mutual Fund

Do you want a mutual fund that can also be a partner for your life? Then you need to stop searching for anything else, as SBI Fund Management Private Ltd. is here to turn all your investment goals into a reality. Since its inception in 1988, it has been bringing value to the customers through expert handling of their mutual funds. 

Came out as the result of the collaboration between State Bank of India (SBI) - which is the largest bank of India - and a French company AMUNDI that is one of the world’s leading fund management companies. SBI Fund Management Pvt. Ltd. offers a wide range of asset management schemes such as equity, debt, hybrid, and tax-planning funds. You can choose the one which is more suitable for achieving your financial goals according to your risk appetite. 

SBI Mutual Fund Schemes

SBI offers a plethora of equity, debt and hybrid mutual fund schemes suitable for investors with different risk appetite.

SBI Equity Funds 

SBI Equity funds primarily invest in equity and equity-related instruments that can be shares of top-rated companies. These funds have shown an impeccable consistency over the years because of which people with high-risk appetite prefer these funds. SBI has a total of 16 equity funds from which you can choose the most appropriate one for you. These all are mentioned below.

  • SBI Focused Equity Fund
  • SBI Small Cap Fund
  • SBI Contra Fund
  • SBI Magnum Taxgain Fund
  • SBI Magnum Equity ESG Fund
  • SBI Consumption Opportunities Fund
  • SBI Magnum Midcap Fund
  • SBI Magnum Multicap Fund
  • SBI BluechipFund
  • SBI Magnum COMMA Fund
  • SBI Infrastructure Fund
  • SBI PSU Fund
  • SBI Magnum Global Fund
  • SBI Healthcare Opportunities Fund
  • SBI Large & Midcap Fund
  • SBI Technology Opportunities Fund

SBI Focused Equity Fund:  Earlier known as the SBI emerging Business Fund, this SBI equity fund aims to achieve long-term capital appreciation by investing in equity and equity-related instruments. This fund allocates almost 50% of its assets in large caps and the rest percentages in mid and small-cap.

SBI Contra Fund: As the name of this SBI equity fund suggests, this fund follows the contrarian investment strategy to earn the long term returns by investing in equity and equity-related securities. 65% of this fund invests in those companies that follow the contrarian strategy. The other 35% can be invested in debt or money market instruments.  

SBI Magnum Taxgain Fund: This SBI equity scheme is a kind of an Equity-linked savings scheme (ELSS), used as a tool for tax savings. This fund invests primarily (around 80%) in the equity-related instruments, fully convertible debentures, bonds, etc. 

SBI Magnum Equity ESG Fund: Having its top holdings in companies like HDFC Bank, Reliance Industries, Infosys, this fund invests in companies qualifying the criteria of Environmental, Social, and Governance (ESG). This fund invests in 80-100% in equity and equity-related instruments. 

SBI Consumption Opportunities Fund: Having its investment objective as the wealth creation, this fund invests predominantly (minimum 80%) in the stocks of the consumption sector industry that can be the companies functioning in consumers' durables, retail, textiles, etc.

SBI Magnum Midcap Fund: This SBI equity fund primarily invests in equity and equity-related stocks with keeping the sole objective of capital growth in mind. This fund principally, a minimum of 65%,  invests in mid-cap stocks (101st to 250th company in terms of full-market capitalization)

SBI Magnum Multicap Fund: Looking to achieve a long-term capital appreciation, this fund invests 65% of its assets in equity and equity-related instruments and rest 35% in debt & money market-related instruments. 

SBI BluechipFund: Suitable for investors who look for long-term growth, this fund invests in diversified large-cap stocks (minimum of 80%) and has been functioning for over a decade. 

SBI Magnum COMMA Fund: Holding a high percentage of risk, this fund invests 80% of its stocks in the companies in the commodity-related space like oil & gas, material, metals, agriculture, etc and rest 20% in debt or money market instruments. 

SBI Infrastructure Fund: This fund primarily invests in the stocks of those companies who are actively or passively associated with the infrastructure development in the Indian economy to achieve long-term growth.

SBI PSU Fund: This SBI equity fund invests a minimum of 80% in equity stocks of domestic public undertakings and upto 20% in debt and money market instruments issued by PSUs. Top holdings of this fund contain companies NTPC, Power grid Electronics, etc. 

SBI Magnum Global Fund: This equity fund majorly invests equity and equity-related investments in the stocks of the MNC (Multinational Companies).

SBI Healthcare Opportunities Fund: This SBI fund invests in equity related stocks in healthcare space (Companies related to pharmaceuticals, hospitals, medical equipment, etc) to get strong capital appreciation over a longer period. 

SBI Large & Midcap Fund: This SBI Equity essentially aims to achieve a significant increase in the capital over a long period by investing in equity and equity-related instruments of largecap and midcap companies. 

SBI Technology Opportunities Fund: This fund primarily invests in equity and equity-related instruments of companies functioning in technology-related sectors like internet tech, electric tech, Telecomm, etc.

SBI Debt Fund Schemes

If your financial goal is to earn a stable and regular income over a period, then a debt fund will suffice all your needs. SBI Fund Management Pvt. Ltd. has a wide range of debt funds which primarily invests in debt related instruments of various companies to ensure a stable return with minimal risk involved. You can choose from the following list of debt funds to generate regular income.

  • SBI Magnum Gilt Fund
  • SBI Banking and PSU Fund
  • SBI Magnum Medium Duration Fund
  • SBI Magnum Low Duration Fund
  • SBI Magnum Income Fund
  • SBI Credit Risk Fund
  • SBI Savings Fund
  • SBI Overnight Fund
  • SBI Dynamic Bond Fund 

SBI Magnum Gilt Fund: This debt fund by SBI aims to invest returns to the investors earned through investment made in securities issued by the government with a moderate risk involved. 

SBI Banking and PSU Fund: This SBI debt mutual fund aims to achieve a regular income and capital appreciation through investing in debt and money market instruments of banks, public sector undertakings, etc. 

SBI Magnum Medium Duration Fund: Appropriate for a 3 to 4-year investment period, this fund capitalizes through investing in debt and money market instruments. 

SBI Magnum Low Duration Fund: As the name suggests, this debt fund is perfect for an investment horizon of 6 months to 12 months. It aims to generate regular income by investing primarily in debt and money market instruments. 

SBI Magnum Income Fund: Having the objective of getting a regular income by investing in debt related instruments for an investment horizon between 4 to 7 years.

SBI Credit Risk Fund: This debt fund from the SBI invests dominantly in corporate bonds rated AA and below in order to earn attractive returns. 

SBI Savings Fund: Having a moderately low-risk profile, this SBI debt fund gives its investors a chance to invest in money market instruments. 

SBI Overnight Fund: This debt fund by SBI aims to get a regular income through investment in overnight securities maturing on the next business day. 

SBI Dynamic Bond Fund: This fund aims to earn attractive interest by investing in highly liquid debt and money market instruments because of the varying interest rate. 

SBI Hybrid Fund Schemes

A hybrid fund invests in two or more asset classes to give you the benefit of two worlds - capital appreciation and regular income. The asset classes can be securities, stocks, gold or even cash. The allocation of these assets classes tends to change basis the changes that take place in the market. SBI offers a wide range of hybrid funds from which you can choose the suitable one for you after understanding your financial goals. You can have a look at the SBI hybrid funds mentioned below. 

  • SBI Equity Hybrid Fund
  • SBI Debt Hybrid Fund
  • SBI Multi Asset Allocation Fund
  • SBI Arbitrage Opportunities Fund

SBI Equity Hybrid Fund: This hybrid fund by SBI aims to achieve capital appreciation with minimal risk involved by investing in around 65% of the corpus in equity and equity-related instruments and the remaining in debt instruments.

SBI Debt Hybrid Fund: Having a moderate risk profile, this SBI fund predominantly invests in debt related instruments and remaining in equity-related instruments to give investors a type of cushion against any market fluctuations.

SBI Multi Asset Allocation Fund: As the name suggests, this fund invests in more than two asset classes to achieve a diverse investment portfolio. These asset classes can be debt, equity and commodity instruments. 

SBI Arbitrage Opportunities Fund: This type of fund is perfect for someone who likes to take advantage of arbitrage opportunity as this fund invests upto 85% of its assets in it and the remaining 15% in debt and money market instruments.  

Various Methods by Which You Can Invest in SBI Mutual Fund 

You can invest in SBI mutual funds mainly by two methods which are mainly popular - Lumpsum and SIP (Systematic Investment Plan). The first method - Lumpsum - can be used when you have a large chunk of money at your disposal and you want to invest the whole amount for a definite period. 

While, in the latter method which is SIP, you can invest a definite amount of money scheduled at a fixed interval for a fixed period. This interval can be daily, weekly, fortnightly, monthly, quarterly, half-yearly or annually. 

SBI Mutual Fund SIP Calculator

After getting to know about the investment methods, you must be wondering how can you have an estimate about the SIP amount if you have a definite financial goal in your mind by a certain period? Well, with the help of the SBI mutual fund SIP calculator, you can have an accurate estimate of the amount that you must invest in the SBI mutual fund to achieve your goal. SIP method brings a much needed disciplined approach in your investing habit. For using this calculator, you will need basic details mentioned below.

Desired tenure in which you like to achieve your financial goal
The desired sum that you want as the return after the tenure
Expected Rate of return (Choose according to your financial goal)

For example, if you want to get a sum of INR 10 lakh as a return over 10 years with a 12% per annum expected rate of return. Then, after filling all these details into the calculator, as soon as you hit the calculate button, you’ll get the SIP amount as INR 4,304. You’ll need to invest this amount every month to meet with your financial target. All this can be done in a hassle-free manner with the help of the SBI mutual fund SIP calculator.

What is SBI Mutual Fund NAV? 

The Net Asset Value (NAV) of any fund can be defined as the net value of any mutual fund. By knowing the NAV of an SBI fund, you can have an estimate about the fund’s performance and overall worth. The thing which one must remember that the NAV of any fund depends on the market fluctuations. NAV of any fund represents the per share/unit price of that fund at a specific time. If you want to invest in the mutual fund, NAV is the price at which you’ll buy that fund.

How to Check the Performance of SBI Mutual Fund?

Any fund’s performance can be predicted by observing its past performance and the returns it has given to the customers over a period. Based on the fund’s performance and your defined financial goals, you can choose the right SBI mutual fund for you to invest in.

SBI Mutual Fund Common application form

To download the common application form, you need to follow the steps mentioned below. 

  • Go to the official website of SBI Mutual Fund.
  • On scrolling down, you will see a ‘Forms and Downloads’ category.
  • Click on the Form section of this category from where you can download the Key Information Memorandum (KIM) and Common Application Form for Equity schemes and Debt & Liquid schemes available for both new and existing investors. 

How Can You Invest in SBI Mutual Fund Online @Wishfin?

You can invest in SBI Mutual Fund, that fits your financial goals, online via Wishfin, an online financial marketplace where you can also compare different mutual funds and their performances. You just need to follow a few steps which are shown below. 

Step I - Go to the ‘Mutual Fund’ tab and then scroll to the SBI Mutual Fund Login’ link.

Step II - Click on it and get to a page asking you to feed either your mobile number or email ID as well as an OTP, which you can receive on your phone by clicking on ‘Get OTP’. 

Step III- Enter the OTP sent to your mobile number 

Step IV - Next, you will see a page, titled as ‘Invest Ready’

Step V- Fill up all your personal and professional details and start investing instantly. 

How Can You Get the SBI Mutual Fund Account Statement?

A customer account statement will consist of information like the name of all holders, mobile number, registered email id, and all the transaction details. To get your statement of account, you need to visit the official website of SBI mutual fund and go to the statement of account category. There, by filling out a few details like your registered email address and PAN, you will get your SBI mutual fund account statement on your registered email id either in a smart format or in PDF format. It is advised to check your account statement from time to time to check for any errors in it.

How to contact SBI Mutual Fund Customer Care?

If you have any questions or problems regarding any mutual fund’s NAV, return value, account statement, etc you can always reach out to the SBI customer care executives on the toll-free number 1800-209-3333 or 1800-425-5425 available 24*7, 365 days. They will solve all your queries in a hassle-free manner.

Key People in SBI Fund Management Private Limited

You can see the names of individuals handling  the key functions as board of directors, trustees, and senior management in the SBI Fund Management Pvt. Ltd. mentioned below.

SBI Fund Board of Directors: AMC

The list of board of directors of the asset management company is mentioned below at which you want to have a look.

  • Shri Ashwani Bhatia ( Managing Director & Chief Executive Officer)
  • Mr. Fathi Zerfel ( Associate Director)
  • Mr. Jashvant Raval (Independent Director)
  • Mr. Nicolas Simon ( Deputy CEO)
  • Mr. Om Prakash Gahrotra (Independent Director)
  • Dr. Prafulla Agnihotri (Independent Director)
  • Mr. Dinesh Kumar Khara (Associate Director)
  • Mr. Jean-Yves Glain (Associate Director)
  • Mr. C. N. Ram (Independent Director)

SBI Fund Board of Directors: Trustee Company

The list of board of directors of the trustee company is mentioned below at which you want to have a look.

  • Mr. Dhruv Prakash (Independent Director)
  • Mr. Haridas K. V. (Associate Director)
  • Mr. Shriniwas Y. Joshi (Independent Director)
  • Mr. Krishnamurthy Vijayan  (Independent Director)
  • Mr. Richard Mendonca (Associate Director)

SBI Fund Management Team:

  • Shri Ashwani Bhatia (Managing Director & Chief Executive Officer)
  • Mr. Nicolas Simon ( Deputy CEO)
  • Mr. Naveen Kumar Jha (Executive Director & Chief OperatingOfficer)
  • Mr. Navneet Munot (Executive Director & Chief Investment Officer)
  • Mr. R. S. Srinivas Jain (Executive Director & Chief Marketing)
  • Mr. D. P. Singh (Executive Director & Chief Marketing)
  • Ms. Aparna Nirgude (Executive Director & Chief Risk Officer)
  • Ms. Vinaya Datar (Head – Compliance & Company Secretary)
  • Mr. Rahul Mayor (Investor Relations Officer)

SBI AMC Equity Fund Managers

You can have a look at the fund managers of SBI AMC given below

  • Mr. R Srinivasan (Head of Equity)
  • Sohini Andani (Fund Manager)
  • Mr. Richard D'Souza (Fund Manager)
  • Mr. Dinesh Balachandran, CFA (Fund Manager)
  • Mr. Anup Upadhyay, CFA (Head of Research)
  • Ms. Nidhi Chawla (Analyst & Fund Manager)
  • Mr. Saurabh Pant (Analyst & Fund Manager)
  • Mr. Tanmaya Desai (Analyst & Fund Manager)
  • Mr. Ruchit Mehta (Analyst & Fund Manager)
  • Ms. Namrata Mittal (Economist)
  • Sukanya Ghosh (Quantitative Analyst)
  • Mr. Rohit Shimpi, CFA (Fund Manager)
  • Mr. Milind Agrawal, CFA (Fund Manager)

SBI Fund Management Pvt. Ltd. Registrar

The registrar of SBI Fund Management Private Limited is Computer Age Management Services Pvt. Ltd.

Disclaimer: Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.