Investment Duration5 years
₹ 0Total Investment
₹ 0Wealth Gained
Total Corpus Created (₹)With assumed returns of 11.25 %
About SBI Funds Management Private Limited
SBI Funds Management Private Limited manages assets worth 363,720 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,227 debt and 54 hybrid funds.See top SBI Funds Management Private Limited funds
The SBI Mutual Fund Trustee Company Private Limited was set up as a trust under the Trust Act of 1882. This Trust controls the SBI Mutual Fund, one of India’s largest and oldest MFs. The SBI Mutual Fund is a Joint Venture (JV) between one of India’s largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company.
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Key Fund Information
SBI Funds Management Private Limited manages assets worth 363,720 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,227 debt and 54 hybrid funds.
30 June 1987
7 February 1992
State Bank of India
Mrs. Anura Rao
SBI Mutual Fund Trustee Company Private Limited
Mr. Navneet Munot
SBI Funds Management Private Limited Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) 400051
Phone & Fax
Email & Website
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Under the Trust Act of 1882, a trust named SBI Mutual Fund Trustee Company Private Limited was set up. SBI is India’s oldest and largest Mutual Fund. SBI Mutual fund (SBIMF) is a joint venture between State Bank of India and Amundi, a French asset management company.
The AMC was set up in 1987 and incorporated on February 7, 1992. It is India’s second mutual fund following Unit Trust of India (UTI), which started in 1963.
SBI Funds Management Pvt Limited is an advisory and management service firm. It offers mutual funds, equity, and fixed income advisory services to high net worth individuals and businesses. SBI Fund Management Pvt Limited has its operations worldwide.
In July 2004, SBI divested 37% of the fund, and Amundi joined as a partner. SBI mutual fund has been a pioneer in the industry. SBI MF is the first Indian mutual fund to launch a Contra Fund. It is also first in India to launch the ESG Fund. Environment, Social, and Governance fund that provides resources for sustainable investments in major markets.
SBIMF is the primary beneficiary of Employees’ Provident Fund of India with steady equity inflows. EPFO started its first Mutual Fund in 2015 via SBIMF Sensex ETFs.
SBI Mutual Fund is registered with SEBI. In January 2020, SBIMF emerged as India’s most significant asset management company with a total of INR 3.82 lakh crore assets under management. The experienced fund managers in the industry have contributed to efficient SBI fund management. The asset allocation of the SBI fund schemes is done strategically after thorough research by the fund managers. SBI mutual fund has multiple schemes in the following categories: equity fund, debt fund, hybrid fund, multi asset allocation fund, gilt fund, and tax savings fund.
Time needed: 30 minutes.
Scripbox has made mutual funds investment extremely easy, even for new investors. One can invest in mutual funds by following the steps below:
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.
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.
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.
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 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.
One can get their KYC done with Scripbox. The following are the KYC documents required by Resident Indians and PIO residing in India:
One can upload the clear color scanned copies of the documents required at the time of registration itself. Or. They could share your KYC documents at firstname.lastname@example.org or Whatsapp it to us on +91-8884448026.
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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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 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. 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.
SBI mutual fund has multiple funds that are performing exceptionally well in the market, in equity fund, debt fund, hybrid fund, multi asset allocation fund, gilt fund, and tax savings categories. The fund house has well-experienced fund managers who have the competency to deal with bullish and bearish markets contributing to efficient SBI fund management. The asset allocation of the SBI fund schemes is done strategically after thorough research. The fund house itself has completed more than 25 years of running it. It being one of the oldest fund houses, builds up investors’ confidence.
SBI mutual funds can be redeemed both online and offline. Investors can approach their mutual fund distributor or directly go to the SBI mutual fund office for redeeming their investments offline. Online redemption is easier and faster than offline. Investors can directly login to the SBI mutual fund account and redeem their investments. They can also redeem through different online portals that they invested through.
A SIP can be stopped online and offline. One can send a letter to the SBI mutual fund office or the CAMS asking to stop the SIP. They can also login to the SBI mutual fund account online and stop the SIP. The SIP can even be stopped through multiple online portals that they invested through. It takes around 30 days for the request to process.
Investing in SBI mutual funds can be done offline by approaching SBI mutual fund office. Online investing can be done directly on the SBI mutual fund website or any online portals that allow mutual fund investing.
The current value of an investor’s portfolio can be checked online by requesting an account statement through SMS, email, or physical copy. One can always go to the CAMS website to check the value of their portfolio.
Withdrawing/redeeming from SBI mutual funds can be done online and offline. Once the investment is redeemed, the account will be credited with the money within three days for equity funds, two days for debt funds, and one day for liquid funds.