Fund Name | NAV | Expenses Ratio | 1y Return | 3Y Returns | Risk | Fund Size (in Cr) | |
|---|---|---|---|---|---|---|---|
SBI Mutual Fund was the second mutual fund in India after UTI. It was a joint venture between the largest and the most profitable Indian public sector bank, SBI and French asset management company, Amundi. SBI Mutual Funds was founded on June 29, 1987, under the SBI Mutual Fund Trustee Company Private Limited and incorporated in 1992. In 2004, Amundi bought a 37% stake from SBI and became a JV partner to offer mutual fund investments to Indian investors. As one of the oldest and largest asset management companies, SBI Asset Management is a pioneer in the field. It has 36 years of history in helping Indian investors create wealth. SBI MF moved past Aditya Birla and HDFC Mutual Fund in 2019 to become the third largest in the segment. As of February 2023, SBI Asset Management had a total of ~₹4,49,169 crore assets under management. SBI Mutual Fund was the first Indian mutual fund company to introduce the ‘Contra’ fund in India. They also launched the first ESG fund in India. ESG is an acronym for Environment, Social and Governance Funds. ESG funds offer sustainable investment opportunities in global companies with strong social, environmental and governance practices. SBI Asset Management has 146 funds, which include some of the best SBI Mutual Fund Investment schemes. In a separate section, we have discussed the best SBI Mutual Fund for investment. As a part of India’s largest PSU bank, SBI Mutual Fund enjoys people's trust. SBI MF has a long legacy and tracks a record as being one of the largest mutual fund companies. With technological advances, investors can research and apply to SBI Mutual Funds online.
The following are some of the key information regarding the ICICI asset management company
| Founding date | June 29,1987 |
| AMC Incorporation date | February 7, 1992 |
| Headquarters in | Mumbai |
| Name of the sponsors | State Bank of India & Amundi |
| Trustee organisation | SBI Mutual Fund Trustee Company Pvt. Ltd. |
| MD and CEO | Vinay M Tonse |
| Chief Investment Officer | R Srinivasan (Equity) & Rajeev Radhakrishnan (Fixed Income) |
| Compliance Officer | Vinaya Datar |
| Investor Service Officer | CA Santosh |
Prasad Padala
Fund Manager since Jul 2024 (2 years)
Harsh Sethi
Fund Manager since Aug 2023 (3 years)
Tanmaya Desai
Fund Manager since Aug 2023 (3 years)
Raj Gandhi
Fund Manager since Mar 2024 (2 years)
Viral Chhadva
Fund Manager since Mar 2024 (2 years)
Investing in the best SBI Mutual Funds or any other mutual fund is simple from your Angel One account. You need to follow the steps below. Step 1: Log in to your Angel One account with your mobile number and validate with OTP. Next, enter the MPIN. Note: If you don’t have an Angel One Demat account, you can open one quickly by completing the online account opening process. Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:
Step 3: Once you have selected the fund(s), log in to your Angel One account and go to the mutual fund section. You can select the fund from there. Since, mutual funds are often a long term investment, be careful when choosing an option to invest.
With Angel One, investing in SBI Mutual Funds is a smooth yet digital experience. Whether you're a novice or a seasoned investor, we've simplified the process for you. To initiate your investment journey, you'll need to furnish the following essential documents:
Our user-friendly platform ensures a seamless KYC verification, granting you quick access to SBI Mutual Funds. Your financial aspirations are now closer than ever. In just 48-72 business hours, your KYC process will be completed, and you can set off on your mutual fund journey.
| Name | AUM | ↓CAGR 3Y | Absolute Returns 1Y |
| SBI Gold | 15,024.31 | 38.25 | 75.88 |
| SBI PSU Fund | 5,979.80 | 35.11 | 34.4 |
| SBI US Specific Equity Active FoF | 1,096.86 | 25.47 | 28.03 |
| SBI Healthcare Opp Fund | 3,822.73 | 25.45 | 7.15 |
| SBI ELSS Tax Saver Fund | 31,861.52 | 24.16 | 12.96 |
| SBI Nifty Midcap 150 Index Fund | 973.89 | 23.64 | 20.02 |
| SBI LT Advantage Fund V | 368.7 | 23.32 | 19.98 |
| SBI Banking & Financial Services Fund | 10,414.75 | 23.17 | 28.9 |
| SBI Children's Fund Investment Plan | 5,175.56 | 22.95 | 14.8 |
| SBI Infrastructure Fund | 4,545.62 | 22.03 | 10.91 |
Note: The data above is as of Feb 17, 2026 and is ranked as per 3 year CAGR.
SBI Gold Fund seeks to provide returns that closely correspond to the returns provided by SBI Gold Exchange Traded Scheme (SBI GETS).
The fund has an expense ratio of 0.24% and is managed by Raviprakash Sharma.
SBI PSU Fund seeks to provide opportunities for long term growth through active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings, along with debt and money market instruments issued by PSUs and others.
The fund has an expense ratio of 0.83% and is managed by Rohit Shimpi.
SBI US Specific Equity Active FoF seeks to provide long term capital appreciation by investing in units of one or more actively managed overseas equity oriented schemes predominantly investing in US markets.
The fund has an expense ratio of 0.98% and is managed by Rohit Shimpi.
SBI Healthcare Opportunities Fund seeks to provide investors with the opportunity for long term capital appreciation by investing in a diversified portfolio of equity and equity related securities in the healthcare sector.
The fund has an expense ratio of 0.92% and is managed by Tanmaya Desai.
SBI ELSS Tax Saver Fund seeks capital appreciation through investments in equities, cumulative convertible preference shares, fully convertible debentures, and bonds. The scheme was converted into an open ended plan in November 1999.
The fund has an expense ratio of 0.89% and is managed by Milind Agrawal.
SBI Nifty Midcap 150 Index Fund seeks to provide returns that closely correspond to the total returns of the securities represented by the underlying index, subject to tracking error.
The fund has an expense ratio of 0.40% and is managed by Harsh Sethi.
SBI Long Term Advantage Fund - V seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity related instruments of companies while also providing income tax benefits.
The expense ratio is not available, and the fund is managed by Nidhi Chawla.
SBI Banking & Financial Services Fund seeks to generate long term capital appreciation from a portfolio invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
The fund has an expense ratio of 0.72% and is managed by Milind Agrawal.
SBI Children's Fund Investment Plan seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities across sectors and market capitalizations, while also investing in debt and money market instruments to generate income.
The fund has an expense ratio of 0.81% and is managed by R. Srinivasan along with a co manager.
SBI Infrastructure Fund aims to achieve long term capital growth by investing in equity stocks of companies directly or indirectly engaged in infrastructure development within the Indian economy.
The fund has an expense ratio of 1.04% and is managed by Bhavin Vithlani.
