SBI Mutual Fund

Key Highlights about SBI Mutual Fund 

The key highlights about the SBI Mutual Fund are listed in the table below: 

List of SBI Mutual Funds in India 2025

The table below highlights the top SBI mutual funds in India in 2025:

Top SBI Mutual Fund Managers

Ashwani Bhatia:

In 1985, Ashwani Bhatia began his employment with the State Bank of India as a probationary officer. Since July 2018, he has been on loan to the SBI Mutual Funds Management Board, serving as a deputy managing director of the bank. Mr. Bhatia has worked in banking for his entire life and has accumulated a wealth of knowledge in retail, international banking, and credit and treasury.

At the time of the redesign of the Corporate Credit Structures, he served as SBI's Chief General Manager. He has also held the position for several years as the bank's Chief General Manager of SME (Small and Medium Enterprises).

R. S. Srinivas Jain:

In addition to broking and investment advisory, Srinivas Jain has over 29 years of experience in the financial services sector, including over 22 years in investment management firms. In his capacity as Chief of Strategy, Digital & Technology, he is in charge of the organization's major strategic projects and leads the teams in charge of digital and technology. Additionally, he oversees initiatives for international business development and represents the company in a number of sustainability-related projects.

He has led numerous positions in the company that have involved marketing, sales, and product development over the years. He was employed by Kotak Securities and Birla Sunlife Asset Management prior to joining the company.

D.P. Singh:

D. P. Singh has an abundant experience in the banking and financial services sectors spanning over 31 years. He oversees all organisational business verticals and segments in his capacity as DMD and Joint CEO. He has worked for SBI Mutual Fund for 25 years. In that time, he has held numerous senior leadership positions, guided the company's steady rise in AUM, market share, and profits, and played a key role in extending the fund house's reach into urban as well as rural regions.

Aparna Nirgude:

Having worked for SBI Funds Management Limited for more than 26 years, Aparna Nirgude has led the risk department since 2005. Prior to assuming leadership as Chief Risk Officer, she managed a range of duties in the organization's Investment Management and Research divisions. Aparna graduated from the esteemed Jamnalal Bajaj Institute of Management Studies with a degree in management.

Rajeev Radhakrishnan:

In 2008, Rajeev began working at SBIFM as a fixed income portfolio manager. At the moment, he oversees the AMC's Fixed Income desk. Rajeev worked for UTI Asset Management for seven years as a co-fund manager for fixed income before he joined SBIFM. With a master's degree in finance from Mumbai University, this Engineering graduate is also a charter holder of the CFA Institute, USA.

Advantages of SBI Mutual Fund

The key features of the SBI Mutual Fund can be summed up as follows:

• SBI Mutual Fund offers around 61 schemes which are spread across different categories. This helps meet the investment objectives of different types of investors.
• This Mutual Fund delivers value and retains the trust of the investors through a huge network of more than 222 points of acceptance around the country.
• The main philosophy of the SBI Mutual Fund is ‘growth through innovation’. It sticks to the philosophy. The investment policies have been set up accordingly.
• With more than 5.4 million investors across the country, the SBI Mutual Fund is one of the biggest investment management firms in the country.
• It is one of the most reliable and one of the fastest growing mutual funds in India.

Eligibility for investing in SBI Mutual Fund

The below list of persons/entities are eligible to invest in the units of SBI Mutual Fund:

1. Adult individuals residing in India, either singly or jointly (cannot exceed 3 people)
2. Minors through legal guardian or parent
3. Hindu Undivided Family (HUF)
4. Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) on repatriation or non-repatriation basis
5. Companies, corporate bodies, Public Sector Undertakings (PSUs), Societies registered under the Societies Registration Act, 1860
6. Partnership firms formed under the Partnership Act, 1932
7. Religious and Charitable Trusts, Wakfs or endowments of private trusts
8. Qualified Foreign Investor and Foreign Portfolio Investor
9. Financial institutions and banks (including Regional Rural Banks and Co-operative Banks)
10. Foreign Institutional Investors (FIIs)
11. Scientific and Industrial Research Organisations
12. Army, Navy, Air Force, and other paramilitary funds
13. Provident/Gratuity/Pension and other such funds as and when permitted to invest
14. International Multilateral Agencies approved by the RBI and Government of India
15. A mutual fund through its schemes including Fund of Funds schemes

Documents required for investing in SBI Mutual Fund

To invest in the schemes of SBI Mutual Fund, the investor has to complete the Know Your Customer (KYC) process. The KYC process is a one-time process which means that if the investor has completed the process earlier in the securities market, he/she need not do it again.

However, if the investor has not completed the process, he/she needs to fill up the KYC application form available at the official website of the fund house or AMFI (Association of Mutual Funds of India), and from mutual fund advisors/brokers. Once the application form is filled, it needs to be submitted at any of the SEBI registered intermediaries with the below documents:

1. Identity Proof
2. Address Proof
3. Passport
4. Passport size photograph

Once the KYC process is completed, the investor can start investing in the schemes of SBI Mutual Fund provided that he/she has a Permanent Account Number (PAN) and a bank account.

SBI Mutual Fund Account Statement

The status of your account statement under the SBI Mutual Fund can be checked online. The following steps are required to be followed to check the status of the account statement:

• You need to visit the official website of the SBI Mutual Fund at www.sbimf.com.
• On the homepage of SBI Mutual Fund click on the ‘Investor Corner’ option from the top menu.
• This will give you a drop-down menu.
• From the drop-down menu, select the ‘Statement of Account’ option. This will take you to a new webpage.
• On the ‘Mutual Fund Statement of Account’ page, select the option of ‘Folio’ or ‘PAN’.
• Under this option, you have to enter your Folio Number or your Permanent Account Number (PAN) to proceed.
• You can tick the checkbox next to the ‘Schedule Statement of Account’ and select a frequency from ‘Weekly’, ‘Monthly’, or ‘Quarterly’.
• Click on ‘SUBMIT’ and an email will be sent to the email ID which is registered with the SBI Mutual Fund. In case you have not registered your email ID, an option is provided on the same page where you can register your email ID. It is important to register your email ID as the statement of account will be sent to the email ID.

How to invest in SBI Mutual Fund Online?

There are 4 ways through which investors can invest in SBI Mutual Fund - online, offline, mobile, and m-Easy app. To invest through the online mode, investors need to follow the below steps:

1. Visit the official site of SBI Mutual Fund - www.sbi.mf.com
2. Click on the ‘Invest Now’ button and then on the ‘New User’ button.
3. The investor then needs to enter his/her PAN, email ID, mobile number, and select a password.
4. Select the ‘Register’ button.
5. Once the registration is complete, investors can use the ‘New Investment’ button and start investing.

Types of funds offered by SBI Mutual Fund

SBI Mutual Fund offers 61 schemes across the categories - equity, debt, hybrid, solution-oriented and index funds.

Equity Funds by SBI Mutual Fund

Equity funds predominantly invest in stocks and hence, are sometimes also referred to as stock funds. In the equity category, SBI Mutual Fund offers 26 schemes (18 open-ended schemes and 8 close-ended schemes), the brief features of which are given below:

SBI Magnum Midcap Fund

1. It is an open-ended growth scheme that helps investors earn profits on their investments over a long term and this is achieved by concentrating investments on equity stocks of mid cap companies.

• Investment Objective - To provide investors with a chance to grow their capital and offer liquidity of an open-ended scheme by investing in the stocks of mid cap companies.
• Ideal for - Investors who are willing to take high risks and wish to grow their investments over a longer duration.

Scheme features:

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SBI Bluechip Fund

1. It is an open-ended growth scheme that presents investors with an opportunity to grow their capital over a long term by investing in equities of companies with large market capitalisation.

• Investment Objective - To generate long term capital gains for the investor by concentrating its investments in equities of large cap firms through active management of investments.
• Ideal for - Investors who seek capital appreciation over a long term and who are willing to take high risks.

Scheme features:

SBI Gold Fund

1. This is an open-ended Fund of Fund scheme that invests in SBI ETF Gold and was previously known as SBI GETS.

• Investment Objective - To offer capital appreciation to investors closely matching the returns given by SBI-ETF Gold.
• Ideal for - Investors who wish to invest in SBI-ETF Gold and who wish to grow their capital over a long term.

Scheme features:

Debt Funds by SBI Mutual Fund

Debt funds mainly invest in fixed income securities, bonds, and money market instruments. SBI Mutual Fund offers 13 open-ended schemes in this category, the features of which are given below:

SBI Magnum Income Fund

 This is an open-ended debt scheme that invests on the basis of continuous evaluation of market dynamics, macro-economic factors, and debt-issuer specific factors. By actively managing the credit risk, the scheme aims to offer attractive returns to the investor.

• Investment Objective - To offer an opportunity to investors to grow their investment as per their requirements and providing a regular income in the form of dividends by investing in debt securities.
• Ideal for - Investors who wish to earn a regular income over medium to long term and invest in debt instruments.

Scheme features:

Hybrid Schemes by SBI Mutual Fund

In the hybrid category, SBI Mutual Fund has 14 (8 open-ended and 6 close-ended) schemes. All the schemes have been briefly explained below:

1. SBI Equity Hybrid Fund - Earlier known as SBI Magnum Balanced Fund, this is an open-ended hybrid scheme whose main investment is in equity and equity-related securities. It also allocates a portion of its investments on debt instruments (including securitised debt and money market instruments).

• Investment Objective - To offer liquidity and capital appreciation to the investors over a long term by investing in a basket of equities of companies with high growth potential. The scheme also mitigates risk by investing in fixed income securities.
• Ideal for - Investors who seek capital appreciation and wish to invest in a mix of equity and debt instruments.

Scheme features:

SBI Debt Hybrid Fund

1.  Previously known as the SBI Magnum Monthly Income Plan, this open-ended hybrid scheme invests primarily on debt securities. Its secondary investment is made in equity and other associated instruments.

• Investment Objective - To present investors with an opportunity to grow their capital through investments predominantly in debt and money market instruments. It also invests up to 25% of its investment on equity and associated instruments.
• Ideal for - Investors looking for regular income and capital growth. Also, ideal for investors who wish to invest in a mix of debt and equity-related securities.

Scheme features:

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