Top 10 Sbi Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
SBI Magnum Constant Maturity FundDebtModerately Low9.4%4star343
SBI Magnum Medium Duration FundDebtModerate6.5%4star1,563
SBI Short Term Debt FundDebtModerately Low6.0%4star5,997
SBI Credit Risk FundDebtModerate6.6%4star5,385
SBI Magnum Gilt FundDebtModerate4.5%4star1,587
SBI Magnum Low Duration FundDebtModerately Low7.4%3star6,421
SBI Savings FundDebtModerately Low7.5%3star5,504
SBI Banking & PSU FundDebtModerate7.5%3star4,003
SBI Magnum Income FundDebtModerate4.8%3star1,315
SBI Dynamic Bond FundDebtModerate5.7%3star997
SBI Magnum Ultra Short Duration FundDebtLow7.9%3star0
SBI Liquid FundDebtLow7.4%3star0
View All Top 10 Sbi Mutual Funds

Best SBI Debt Mutual Funds

With a robust and wealthy history of the State Bank of India cluster, SBI Funds Management Pvt. Ltd. has been serving to millions of investors through their years of experience. With a wide network of over 222 service points across India, SBI has been delivering to value and create trust amongst investors. They have systematically delivered the optimum worth to its investors over the years. SBI Funds Management company has joined the key players within the Indian investment trust business with an array of funds in multiple sectors like money establishments, native and international quality management corporations, pension funds, etc. SBI MF has conjointly unified end-to-end made-to-order quality management product for establishments, discretionary and non-discretionary portfolio management services.

SBI Funds Management has been effectively managing and guiding India’s dedicated offshore funds since 1988. SBI Funds Management is famed because it was the 1st bank to come up with ‘SBI Resurgent Asian nation Opportunities Fund’. The target for these funds was to supply investors with never-before opportunities in semi-permanent growth in capital in a very kind of stocks of Indian corporations.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

SBI Magnum Constant Maturity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 9.91% annualized returns in the last 3 years. In the last 1 year, it gave 9.39% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.39% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dinesh Ahuja

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM343Cr
1Y Returns9.4%

SBI Magnum Medium Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 10.34% annualized returns in the last 3 years. In the last 1 year, it gave 6.5% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.5% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dinesh Ahuja, Ruchit Mehta

Launch Date27 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM1,563Cr
1Y Returns6.5%

SBI Short Term Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.74% annualized returns in the last 3 years. In the last 1 year, it gave 5.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.96% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rajiv Radhakrishnan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM5,997Cr
1Y Returns6.0%

SBI Credit Risk Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 8.68% annualized returns in the last 3 years. In the last 1 year, it gave 6.59% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.59% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Lokesh Mallya, Mansi Sajeja

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM5,385Cr
1Y Returns6.6%

SBI Magnum Constant Maturity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.87% annualized returns in the last 3 years. In the last 1 year, it gave 4.48% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.48% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dinesh Ahuja

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM1,587Cr
1Y Returns4.5%

SBI Magnum Low Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.55% annualized returns in the last 3 years. In the last 1 year, it gave 7.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.37% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rajiv Radhakrishnan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM6,421Cr
1Y Returns7.4%

SBI Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 8% annualized returns in the last 3 years. In the last 1 year, it gave 7.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: R Arun

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM5,504Cr
1Y Returns7.5%

SBI Banking & PSU Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 7.89% annualized returns in the last 3 years. In the last 1 year, it gave 7.47% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.47% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rajiv Radhakrishnan

Launch Date6 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM4,003Cr
1Y Returns7.5%

SBI Magnum Income Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 8.67% annualized returns in the last 3 years. In the last 1 year, it gave 4.81% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.81% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dinesh Ahuja

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,315Cr
1Y Returns4.8%

SBI Dynamic Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 8.79% annualized returns in the last 3 years. In the last 1 year, it gave 5.71% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.71% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dinesh Ahuja

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM997Cr
1Y Returns5.7%

SBI Magnum Ultra Short Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.91% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Rajiv Radhakrishnan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM0Cr
1Y Returns7.9%

SBI Liquid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.37% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: R Arun

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM0Cr
1Y Returns7.4%

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What does investing in SBI Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in SBI Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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