SBI Mutual Fund

Best SBI Mutual Funds SIP Schemes

Fund Name	Category Bench Mark	5 Years Return
SBI Focussed Equity Fund	S&P BSE 500 India TR INR	13.4%
SBI Large & Midcap Fund	IISL Nifty LargeMidcap 250 TR INR	13.6%
SBI Gold Fund	Price of Physical Gold TR INR	10.5%
SBI Magnum Equity ESG Fund	Nifty 100 ESG TR INR	11.7%

1. SBI Focussed Equity Fund Regular Growth

Focused funds have the potential to deliver inflation-beating returns in the long term. SBI Focused Fund (Growth) has consistently delivered consistently good returns over the period of time. Since the fund has been in existence for 18 years and the fund provides an extended history of performance analysis and track record. Moreover, with an AUM of Rs 24,707 crores, the scheme is a leader in terms of its size. The scheme carries a superior investment outlook in comparison to other funds in this category. 

Who Should Invest in SBI Focussed Equity Fund (Growth) For SIP?

A focused mutual fund is an open-ended equity mutual fund that invests in a limited number of stocks. These funds can invest in a maximum of 30 stocks. Also, these funds have no restrictions and can invest in any market segment, including large cap, midcap, small-cap, etc. SBI Focused Fund (Growth) is like a multi-cap fund with a concentrated diversified portfolio. Since this fund consists of limited stocks, they are exposed to relatively higher volatility. Hence, a focussed fund requires a longer investment horizon of 10 years to 15 years with a minimum period of 5 years. Hence, this fund is suitable for investors with relatively high-risk tolerance levels for a longer investment horizon.

SBI Focussed Equity Fund (Growth) Details
SIP Minimum Amount	Rs. 1000
Launched	Oct 11, 2004
Risk Level	Very High Risk
ISIN	INF200K01370
Benchmark	S&P BSE 500 India TR INR

2. SBI Large & Midcap Fund For SIP

SBI Large & Midcap Fund (Growth) is a fund in the large and mid cap category. The fund’s investment objective is investing in stocks of large and mid-cap companies to generate capital appreciation. Also, these funds have the potential to deliver inflation-beating returns. With an AUM or relative size is Rs. 6,599 Crores, the scheme is large within its category. Moreover, with a track record of 17 years, the scheme provides an extended history of performance analysis. Also, the track record is excellent. SBI Large & Midcap Fund (Growth) has consistently performed since inception. This scheme has a superior investment outlook for its portfolio.

Who Should Invest in SBI Large & Midcap Fund (Growth)  For SIP?

SBI Large & Midcap Fund (Growth) seeks to provide long term capital appreciation to its investors. This scheme invests a minimum of 35% of its assets in large and mid cap companies, respectively. It applies a mix of top-down and bottom-up selection methodology to find the best stocks for large and mid cap companies. Also, it uses a blend of value and growth investing by identifying the scale of large caps and the growth potential of midcap companies. However, the fund is subject to market volatility due to market ups and downs. As a result, investors aware of the risk associated with these funds and looking for long-term investment can consider investing in this scheme.

SBI Large & Mid Cap Fund Details
SIP Minimum Amount	Rs. 1000
Launched	May 25, 2005
Risk Level	Very High Risk
ISIN	INF200K01305
Benchmark	Nifty LargeMidcap 250

3. SBI Gold Fund (Growth) For SIP

SBI Gold Fund (Growth) is a gold mutual fund that invests largely in gold exchange-traded funds or equities of companies that mine, refine or market gold and/or gold related products. This fund invests in SBI Gold ETF to generate long term capital appreciation for its investors. Also, these funds provide inflation-beating growth in the long run.  With an AUM or relative size is Rs. 1,173 Crores, this scheme is large within its category. Moreover, with a track record of 11 years, the scheme provides a sufficient history of performance analysis and the track record is good. SBI Gold Fund (Growth) has performed relatively moderately since inception. This scheme has a superior investment outlook in its category. 

Why Should You Invest in SBI Gold Fund Regular Growth For SIP?

SBI Gold Fund (Growth) offers combined benefits of investing in physical gold and professional fund management. This fund is a more comfortable option to invest in gold than holding a physical asset. Also, the gold price is not influenced by the same factors that influence the performance of other assets. Therefore, investing in this fund is beneficial during uncertainty in equity markets because it acts as a hedge for the investment portfolio. 

Moreover, gold provides greater diversification in comparison to other asset classes. The scheme aims to provide capital appreciation by purchasing SBI Gold Exchange Traded Fund units. Therefore, this scheme is suitable for investors who seek exposure to gold funds. 

SBI Gold Fund (Growth) Details
SIP Minimum Amount	Rs. 1000
Launched	May 25, 2005
Risk Level	Very High Risk
ISIN	INF200K01305
Benchmark	Nifty LargeMidcap 250

4. SBI Magnum Equity ESG Fund (Growth) For SIP

SBI Magnum Equity ESG Fund (Growth) is a sectoral and thematic fund that invests in the ESG sector. This fund portfolio consists of equities or bonds of companies which are following environmental, social and governance criteria through an active management strategy. Basically, it tests how sustainable the company or government is regarding the ESG criteria. Also, this fund has been in existence for 16 years. It has an extended history of analysis, and its track record is excellent. With an AUM of Rs 4,273 crores, the fund is large within its category. Moreover, the fund has a good performance history and also has a positive investment outlook in this category. 

Who Should Invest in SBI Magnum Equity ESG Fund (Growth) For SIP?

SBI Magnum Equity ESG Fund (Growth) is best suited for investors who wish to positively impact the world by being socially, ethically and environmentally responsible. The fund aims to deliver inflation beating growth over the long term. Also, it is suitable for investment duration of 10-15 years or longer. However, this is a thematic fund which can be highly volatile in the short term. Because this is a single sector fund, it also lacks diversification. As a result, investors who have a well-diversified portfolio and want to profit from a particular industry boom may invest in this fund.

SBI Magnum Equity ESG Fund for SIP
SIP Minimum Amount	Rs. 1000
Launched	May 25, 2005
Risk Level	Very High Risk
ISIN	INF200K01305
Benchmark	Nifty LargeMidcap 250

How to Invest in SBI Mutual Funds?

Scripbox has made mutual funds investment extremely easy, even for new investors. One can invest in mutual funds by following the steps below:

1. Visit Scripbox and Begin the Investment Journey:
   On the homepage of the Scripbox website, there is a “Let’s get started” button. Click on it. Doing so will display a list of investment options based on life goals. For investing in mutual funds, pick any of the options close to one’s financial goals. Click on “Continue” to proceed with the mutual fund investment.
2. Signup and Create an Account:
   Upon logging in, the investment details such as SIP or one-time and amount of investment will be available Here Scripbox allows investors to select the payment option. One can select “Every month SIP” or “One-time” payment options depending on their cash flow. To determine the potential returns, one can use the Scripbox SIP calculator. The SIP calculator is available online for free. Click on “See Recommended Funds” to proceed for investment.
3. Check the Plan and Fund Allocation:
   The list of mutual funds and amount allocation is shown on this page. Check all the details before proceeding ahead. If one wishes to change the fund or amount, click on the option, “I want to change Funds/ Amount.” Click on the “Next” button to make payment.
4. Bank Details and Money Transfer:
   In the last step, enter the bank account and PAN details. Scripbox provides a secure environment, and a bank account will be used for investing and crediting the redemption proceeds only. The units are purchased at the schemes NAV. The scheme’s NAV is published daily by the fund house.

KYC Required to Invest in SBI Mutual Fund

KYC is an acronym for “Know Your Customer.” KYC helps in identifying a client. SEBI has prescribed requirements for KYC. An investor has to be KYC compliant while investing in a SEBI registered mutual fund. A KYC form will include identity, address, financial status, occupation, and demographic information.

You can get your KYC done with Scripbox. The following are the KYC documents required by Resident Indians and PIO residing in India:

1. Photograph
2. Pan Card
3. Address proof (Aadhar Card (Both Front & Back)/Driving License/Passport/Voter ID Card)
4. KYC Authorisation Letter. (Please write on a while plain sheet of paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)
5. Video Selfie: Record a video by facing the camera for 5 seconds.

You can upload clear colour scanned copies of your KYC documents during the registration itself. Or,
If you are an existing Scripbox user, you can message on Scripbox’s WhatsApp number +91-8884448026 or email your KYC documents to help@scripbox.com. Other users can send “Hi” on SBI Mutual Fund WhatsApp number 9833657657.

How to Download SBI MF Investment Statement Through Scripbox? 

The following steps help you download the SBI mutual fund investment statement using the Scripbox App: 

1. Download the Scripbox app and enter all your details to login
2. Go to the ‘Profile’ page and choose ‘Investment History’
3. Click on the – ‘Email Me’ section. Your registered email address will receive an email with a link to download your Scripbox Investment History. You can get the statement by clicking on the link.

The excel statement includes the following details:

1. Orders Tab: It has the following information: folio number, investor name, fund name, amount invested, units allocated, NAV, STT and purpose.
2. Current Holding Tab: This section has the following details: fund name, number of units, current value of the investment, folio number and purpose.

List of Top SBI Mutual Fund Managers

Name	Type Of Fund	Number of SBI MF Schemes
R Srinivasan	Equity	9
Sohini Andani	Equity	2
Richard D’Souza	Equity	5
Dinesh Balachandran	Equity	3
Anup Upadhyay	Equity	6
Nidhi Chawla	Equity	4
Saurabh Pant	Equity	2
Tanmaya Desai	Equity	1
Ruchit Mehta	Equity	12
Milind Agarwal	Equity	1
Gaurav Mehta	Equity	5
Neeraj Kumar	Equity	2
Rajeev Radhakrishnan	Debt	18
Dinesh Ahuja	Debt	13
R. Arun	Debt	14
Mansi Sajeja	Debt	3
Lokesh Mallya	Debt	3

Explore: Fund Managers

Mr. R Srinivasan

Mr. Srinivasan joined SBI Mutual Fund in 2009 as a Senior Fund Manager, Mr. Srinivasan is now the Head of Equity and directly manages several funds. He has over 25 years of experience in equities. Mr. Srinivasan is a postgraduate in Commerce and holds an MFM degree from the University of Mumbai. He currently manages three funds.

Ms. Sohini Andani

Ms. Andani joined SBI Mutual Fund in 2007 as Head of Research. She subsequently got promoted as a portfolio manager in 2010. Her previous affiliations have been with reputed broking companies. Ms. Andani is a Chartered Accountant from ICAI and a Commerce graduate from Mumbai University. She currently manages two funds.

Mr. Richard D’Souza

Mr. D’Souza joined SBI Mutual Fund in 2010 as a Fund Manager, Richard currently manages thematic funds. He is a Science graduate from Mumbai University. He currently manages two funds.

 Mr. Dinesh Balachandran

Mr. Balachandran joined SBI Mutual Fund in 2012 as a Senior Credit Analyst. He subsequently became Head of Research. Currently, Dinesh is an Equity Fund Manager. He holds a B.Tech degree from IIT Mumbai and an MS degree from Massachusetts Institute of Technology (MIT). Mr. Balachandran is also a Charter holder of the CFA Institute, USA. He currently manages three funds. 

Mr. Anup Upadhyay

Mr. Upadhyay joined SBI Mutual Fund in 2007 as an Equity Analyst, and is now head of research. He is also the fund manager for Equity Opportunities Fund and SBI IT Fund. He holds a B.Tech degree from IIT Kharagpur and PGDM from IIM Lucknow. Mr. Upadhyay is also a Charter holder of the CFA Institute, USA. He currently manages three funds.

Ms. Nidhi Chawla

Ms. Chawla joined SBI Mutual Fund in 2007, Nidhi is an Analyst and Fund Manager. She holds a bachelor’s degree in Business Studies from CBS, Delhi University, and a Masters Degree in Economics from Delhi University. Ms. Chawla is also a Charter holder of the CFA Institute, USA. She currently manages one fund.

Mr. Saurabh Pant

Mr. Pant joined SBI Mutual Fund in 2007 as Research Analyst, he is currently an Analyst and Fund Manager. He is a Commerce graduate and holds a Masters Degree in Business Economics from the University of Delhi. He currently manages two funds.

Mr. Tanmaya Desai

Mr. Desai joined SBIMF in 2008, he is currently an Analyst and Fund Manager. He is an Electronics Engineer and holds a master’s degree in Finance from Narsee Monjee Institute of Management Studies. Mr. Desai is also a Charter holder of the CFA Institute, USA. He currently manages one fund.

Mr. Ruchit Mehta

Mr. Mehta joined SBI Mutual Fund in 2010, and is an Analyst and Fund Manager. He is a Commerce graduate from Mumbai University and holds a Masters Degree in finance from Lancaster University, UK. He is also a Charter holder of the CFA Institute, USA. Mr. Mehta currently manages one fund.

Mr. Milind Agarwal

Mr. Agarwal joined SBI Mutual Fund in 2018 as an Equity Research Analyst. He has over eight years of experience in the Financial Services industry. He currently manages one fund.

Mr. Rohit Shimpi

Mr. Shimpi joined SBI Mutual Fund in 2006 and is currently the fund manager. He is part of the International Fund Management and research team. Before joining SBI, he was with Television Eighteen Group, JP Morgan and HDFC Standard Life Insurance. Mr. Shimpi holds a PGDM in Finance from Sydenham Institute of Management Studies. Also, he is a commerce graduate from Mumbai University. Furthermore, Mr. Shimpi is a Charter holder of the CFA Institute, USA.

Mr. Gaurav Mehta

Mr. Mehta joined SBIMF in 2018 and is currently Analyst and Fund Manager. He has more than 13 years of experience in the finance industry. Before joining SBI, he was with Ambit Investment Advisors, Ambit Capital and Edelweiss. Furthermore, he holds a PGDM in finance from IIM Lucknow. Also, he is a Chemical Engineer from IIT Bombay and a CFA Charter holder from CFA Institute USA.

Mr. Neeraj Kumar

Mr. Kumar joined SBI mutual fund in 2006. He is currently the Fund Manager cum Equity trader at the AMC. Before joining SBI, he was with LIC. Furthermore, he holds B.Comm Honors degree and is a Chartered Accountant.

Mr. Rajeev Radhakrishnan

Mr. Radhakrishnan joined SBIFM in 2008 as a fixed income portfolio manager, and is currently the Head of Fixed Income. He is an engineering graduate and holds a master’s degree in finance from Mumbai University. Mr. Radhakrishnan is also a Charter holder of the CFA Institute, USA. He currently manages seven funds.

Mr. Dinesh Ahuja

Mr. Ahuja joined SBIFM in 2010. He has good experience in the finance sector. Mr. Ahuja is a commerce graduate and holds a master’s degree in Finance from Mumbai University. He currently manages seven funds.

Mr. R. Arun

Mr. Arun joined SBIFM in 2009 as a credit analyst, and is currently a fund manager for cash funds. He is a commerce graduate from Mumbai University and holds a Masters in Finance from Mumbai Education Trust. Mr. Arun is also an FRM Charter holder of the Global Association of Risk Professionals (GARP). He currently manages three funds.

Ms. Mansi Sajeja

Ms Sajeja joined SBIFM in 2009, she is a credit analyst and fund manager. She has done her bachelor’s in Financial & Investment analysis from Delhi University. She holds a postgraduate diploma in Business Management from MDI, Gurgaon. Ms. Sajeja is also a Charter holder of the CFA Institute, USA. She currently manages one fund. 

Mr. Lokesh Mallya

Mr. Mallya joined SBIFM in 2014. He has over nine years of experience in the Indian fixed income market and fund management. Mr. Mallya is a Charter holder of the CFA Institute, USA, and an FRM charter holder of the Global Association of Risk Professionals (GARP). He currently manages one fund. 

Ms. Ranjana Gupta

Ms Gupta joined SBIMF in 2008 and is currently the Fixed Income Dealer and Fund Manager. Before joining SBIMF, she worked with 21^st Century Shares and Securities, OTCEI. Furthermore, Ms Gupta is a Commerce graduate from Mumbai University.

Frequently Asked Questions on SBI Mutual Funds

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