SBI Mutual Fund was established on 29 June 1987 as a Trust with State Bank of India (SBI) as the sponsor and SBI Mutual Fund Trustee Company Private Limited as the Trustee. It registered with SEBI on 23 Dec 1993. SBI and AMUNDI Asset Management formed a joint venture on April 13, 2011. Today, the fund firm offers equity, debt, hybrid, and other mutual funds. SBI Mutual Fund had 10,91,721 crores AUM on August 2024. It has 17.11% industry of AUM. SBI owns 63% of SBI Funds Management Pvt Ltd. The remaining 37% is owned by AMUNDI Asset Management's wholly-owned subsidiary Amundi India Holding. SBI Mutual Fund includes 72 main schemes. AMC offers 37 equity, 22 debt, 11 hybrid, and 2 gold funds. SBI Nifty 50 ETF, SBI S&P BSE Sensex ETF, and SBI Equity Hybrid Fund are its main schemes.
How to Invest in SBI Mutual Fund on Swaraj Finpro.
Investing in SBI Mutual Fund online is a convenient process and you can do so by following the few simple steps mentioned below:
Step 1. Log-in to your Swaraj Finpro account or register if you don’t have one.
Step 2. Upload your identity proof documents (Aadhaar, Voter ID, PAN, Passport, Driving License, Central or State Government ID card, etc.)
Step 3. Upload your proof of address documents (any identity proof documents with your permanent address, etc.)
Step 4. Select the investment period of your preference.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Choose your preferred SBI Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The SBI Mutual Fund
in India you have invested in will show in your Swaraj Finpro account within 3 to 4 working days.
Lets have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The SBI PSU Fund Fund has given 43.30% annualized returns in the past three years and 29.67% in the last 5 years and 13.55% in the last 10 years. The SBI PSU Fund Fund comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI PSU Fund via lump sum is ₹ 5000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to provide opportunities for long-term growth through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs and others.
Scheme Manager: Rohit Shimpi.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 3699.55
1 Y Return (%)
: 83.98
Risko-Meter : Very High
Fund Performance: The SBI Nifty Next 50 ETF Fund has given 24.20% annualized returns in the past three years and 24.18% in the last 5 years and 0.00% in the last 10 years. The SBI Nifty Next 50 ETF Fund comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Nifty Next 50 ETF via lump sum is ₹ 5000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Scheme Manager: Raviprakash Sharma.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 2859.74
1 Y Return (%)
: 69.45
Risko-Meter : Very High
Fund Performance: The SBI Nifty Next 50 Index Fund Fund has given 23.36% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The SBI Nifty Next 50 Index Fund Fund comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Nifty Next 50 Index Fund via lump sum is ₹ 5000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Scheme Manager: Raviprakash Sharma.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 1070.97
1 Y Return (%)
: 68.25
Risko-Meter : Very High
Fund Performance: The SBI Infrastructure Fund Fund has given 33.24% annualized returns in the past three years and 29.49% in the last 5 years and 17.98% in the last 10 years. The SBI Infrastructure Fund Fund comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Infrastructure Fund via lump sum is ₹ 5000 and via SIP is ₹ 500.
Scheme Objective: The fund's investment criteria would be to invest in equity stocks of those companies which are either directly or indirectly engaged in infrastructure growth in the Indian economy and aims at long term growth in capital.
Scheme Manager: Bhavin Vithlani, Pradeep Kesavan.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 3835.27
1 Y Return (%)
: 59.43
Risko-Meter : Very High
Fund Performance: The SBI Long Term Equity Fund Fund has given 29.02% annualized returns in the past three years and 27.40% in the last 5 years and 16.28% in the last 10 years. The SBI Long Term Equity Fund Fund comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Long Term Equity Fund via lump sum is ₹ 500 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
SBI Mutual Fund
