Top 10 Sbi Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
SBI Focused Equity FundEquityModerately High-0.2%5star3,068
SBI Banking & Financial Services FundEquityHigh11.6%5star493
SBI Magnum Multi Cap FundEquityModerately High-1.6%4star4,086
SBI Magnum COMMA FundEquityHigh-13.7%4star261
SBI Infrastructure FundEquityHigh-13.7%4star459
SBI Small Cap FundEquityModerately High-15.4%4star1,141
SBI Consumption Opportunities FundEquityHigh0.8%4star459
SBI Technology Opportunities FundEquityHigh28.8%4star137
SBI Bluechip FundEquityModerately High-1.3%4star19,097
SBI PSU FundEquityHigh-23.7%3star161
SBI Healthcare Opportunities FundEquityHigh-5.8%3star1,076
SBI Large and Midcap FundEquityModerately High-1.1%3star2,217
SBI Magnum Equity ESG FundEquityModerately High5.7%3star1,962
SBI Contra FundEquityModerately High-12.1%2star1,484
SBI Magnum Tax Gain SchemeEquityModerately High-5.1%2star6,133
View All Top 10 Sbi Mutual Funds

Best SBI Equity 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.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

Let's have a closer look

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

SBI Focused Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 14.29% annualized returns in the last 3 years. In the last 1 year, it gave -0.23% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.23% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Rama Iyer Srinivasan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM3,068Cr
1Y Returns-0.2%

SBI Banking & Financial Services Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 24.12% annualized returns in the last 3 years. In the last 1 year, it gave 11.61% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.61% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sohini Andani

Launch Date25 Feb 2015
Min Investment Amt5,000
Groww Rating5star
AUM493Cr
1Y Returns11.6%

SBI Magnum Multi Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 13.94% annualized returns in the last 3 years. In the last 1 year, it gave -1.58% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.58% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anup Upadhyay

Launch Date3 Jan 2013
Min Investment Amt1,000
Groww Rating4star
AUM4,086Cr
1Y Returns-1.6%

SBI Magnum COMMA Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 16.76% annualized returns in the last 3 years. In the last 1 year, it gave -13.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -13.72% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Richard Dsouza

Launch Date3 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM261Cr
1Y Returns-13.7%

SBI Infrastructure Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 9.77% annualized returns in the last 3 years. In the last 1 year, it gave -13.67% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -13.67% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Richard Dsouza

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM459Cr
1Y Returns-13.7%

SBI Small Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 17.06% annualized returns in the last 3 years. In the last 1 year, it gave -15.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -15.44% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Rama Iyer Srinivasan

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM1,141Cr
1Y Returns-15.4%

SBI Consumption Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 17.75% annualized returns in the last 3 years. In the last 1 year, it gave 0.83% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.83% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Saurabh Pant

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM459Cr
1Y Returns0.8%

SBI Technology Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 11.78% annualized returns in the last 3 years. In the last 1 year, it gave 28.83% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 28.83% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anup Upadhyay

Launch Date8 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM137Cr
1Y Returns28.8%

SBI Bluechip Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 11.48% annualized returns in the last 3 years. In the last 1 year, it gave -1.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.3% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sohini Andani

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM19,097Cr
1Y Returns-1.3%

SBI PSU Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 4.41% annualized returns in the last 3 years. In the last 1 year, it gave -23.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -23.74% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Richard Dsouza

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM161Cr
1Y Returns-23.7%

SBI Healthcare Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided -5.49% annualized returns in the last 3 years. In the last 1 year, it gave -5.78% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.78% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Tanmaya Desai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,076Cr
1Y Returns-5.8%

SBI Large and Midcap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 12.38% annualized returns in the last 3 years. In the last 1 year, it gave -1.14% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.14% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Saurabh Pant

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM2,217Cr
1Y Returns-1.1%

SBI Magnum Equity ESG Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 12.1% annualized returns in the last 3 years. In the last 1 year, it gave 5.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.73% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Rama Iyer Srinivasan

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating3star
AUM1,962Cr
1Y Returns5.7%

SBI Contra Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Contra segment and provided 7.88% annualized returns in the last 3 years. In the last 1 year, it gave -12.14% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -12.14% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Rama Iyer Srinivasan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM1,484Cr
1Y Returns-12.1%

SBI Magnum Tax Gain Scheme - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 8.97% annualized returns in the last 3 years. In the last 1 year, it gave -5.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.12% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Dinesh Balachandran

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating2star
AUM6,133Cr
1Y Returns-5.1%

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What does investing in SBI Equity 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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