7 Best Equity Mutual Funds by SBI MF 2026

Updated on August 31, 2026 , 90627 views

SBI Mutual Fund is one of the leading AMCs in India. The Equity Funds provided by the AMC aims to fulfil investor's long-term goals.

The equity funds by SBI Mutual Fund aim to provide long-term capital appreciation by Investing in high growth companies. These funds are highly suitable for investors who are looking for long-term gains and are ready to hold some level of risk in their investment.

SBI Mutual Fund offers both SIP and lump sum ways to invest in equity funds. The minimum amount for lump sum investment is INR 5000, whereas, by taking a SIP route, investors can start investing with just INR 500. Investors planning to invest in SBI, here's the list of best performing equity schemes by the AMC.

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Why Invest in SBI Equity Funds?

Some of the major benefits that SBI Mutual Fund schemes offer are:

a. Tax Benefits

SBI Mutual Fund offers tax benefits under sec 80C to the investors. The tax saving fund name SBI Magnum Tax Gain Fund wherein investors can plan their tax savings as well as seek advantage of long-term capital growth.

b. Long-term Investment Goals

Investors can plan their long-term Financial goals by investing in SBI's equity funds. But, to accomplish these goals well, one should plan their investments for a longer duration.

c. Excellent Ratings

Many of the SBI equity schemes have a CRISIL rating of three and above.

d. Consistent Returns

Many of the equity schemes of SBI have delivered consistent returns over the years. Investors who want to attain good returns in these equity schemes should stay invested for a longer duration.

Let's have a look at the top performing SBI equity funds that have been shortlisted by undertaking certain criteria such as past performance, AUM, quantitative analysis like expense ratio, Alpha, beta, sharpe ratio, etc.

Fund Selection Methodology used to find 7 funds

Category: Equity
Asset Management Company : SBI
AUM Range: 100 to 100000 Cr
Sorted On : 3-year return (high to low)
Tags: fcpro
No Of Funds: 7

Best SBI Equity Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2025 (%)	Sharpe Ratio
SBI Healthcare Opportunities Fund Growth	₹521.615 ↓ -0.63	₹5,400	14.4	21.5	21.5	23.7	17.3	-3.5	0.71
SBI PSU Fund Growth	₹34.1339 ↓ -0.03	₹6,678	-1.1	-7	10.1	20.7	22.8	11.3	0.28
SBI Magnum COMMA Fund Growth	₹118.693 ↑ 0.31	₹1,185	1.3	4.3	14.6	16.4	11.1	12.3	0.43
SBI Focused Equity Fund Growth	₹400.873 ↓ -2.49	₹50,041	5	7.6	14.8	15.7	11.6	15.7	0.54
SBI Banking & Financial Services Fund Growth	₹43.1952 ↓ -0.15	₹10,872	3.7	-5.5	4.2	15.4	11.4	20.4	0.03
SBI Magnum Tax Gain Fund Growth	₹427.833 ↓ -1.69	₹32,300	1.2	-2.6	-0.4	14.3	14.5	6.6	-0.16
SBI Infrastructure Fund Growth	₹49.8204 ↑ 0.04	₹4,931	-1.5	3.6	4.2	13.6	15.7	-1	0.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Sep 26
Note: Ratio's shown as on 31 Jul 26

Research Highlights & Commentary of 7 Funds showcased

Commentary	SBI Healthcare Opportunities Fund	SBI PSU Fund	SBI Magnum COMMA Fund	SBI Focused Equity Fund	SBI Banking & Financial Services Fund	SBI Magnum Tax Gain Fund	SBI Infrastructure Fund
Point 1	Lower mid AUM (₹5,400 Cr).	Lower mid AUM (₹6,678 Cr).	Bottom quartile AUM (₹1,185 Cr).	Highest AUM (₹50,041 Cr).	Upper mid AUM (₹10,872 Cr).	Upper mid AUM (₹32,300 Cr).	Bottom quartile AUM (₹4,931 Cr).
Point 2	Oldest track record among peers (21 yrs).	Established history (16+ yrs).	Established history (21+ yrs).	Established history (21+ yrs).	Established history (11+ yrs).	Established history (19+ yrs).	Established history (19+ yrs).
Point 3	Rating: 2★ (upper mid).	Rating: 2★ (lower mid).	Top rated.	Rating: 2★ (lower mid).	Not Rated.	Rating: 2★ (bottom quartile).	Rating: 3★ (upper mid).
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.
Point 5	5Y return: 17.30% (upper mid).	5Y return: 22.78% (top quartile).	5Y return: 11.12% (bottom quartile).	5Y return: 11.61% (lower mid).	5Y return: 11.39% (bottom quartile).	5Y return: 14.52% (lower mid).	5Y return: 15.75% (upper mid).
Point 6	3Y return: 23.72% (top quartile).	3Y return: 20.67% (upper mid).	3Y return: 16.36% (upper mid).	3Y return: 15.67% (lower mid).	3Y return: 15.41% (lower mid).	3Y return: 14.27% (bottom quartile).	3Y return: 13.65% (bottom quartile).
Point 7	1Y return: 21.55% (top quartile).	1Y return: 10.12% (lower mid).	1Y return: 14.57% (upper mid).	1Y return: 14.78% (upper mid).	1Y return: 4.19% (bottom quartile).	1Y return: -0.41% (bottom quartile).	1Y return: 4.23% (lower mid).
Point 8	Alpha: 3.75 (upper mid).	Alpha: -0.89 (lower mid).	Alpha: -1.18 (bottom quartile).	Alpha: 11.68 (top quartile).	Alpha: 2.91 (upper mid).	Alpha: -1.69 (bottom quartile).	Alpha: 1.46 (lower mid).
Point 9	Sharpe: 0.71 (top quartile).	Sharpe: 0.28 (lower mid).	Sharpe: 0.43 (upper mid).	Sharpe: 0.54 (upper mid).	Sharpe: 0.03 (bottom quartile).	Sharpe: -0.16 (bottom quartile).	Sharpe: 0.10 (lower mid).
Point 10	Information ratio: 0.02 (lower mid).	Information ratio: -0.34 (bottom quartile).	Information ratio: 0.04 (lower mid).	Information ratio: 0.54 (upper mid).	Information ratio: 0.80 (upper mid).	Information ratio: 1.01 (top quartile).	Information ratio: -0.13 (bottom quartile).

SBI Healthcare Opportunities Fund

Lower mid AUM (₹5,400 Cr).
Oldest track record among peers (21 yrs).
Rating: 2★ (upper mid).
Risk profile: High.
5Y return: 17.30% (upper mid).
3Y return: 23.72% (top quartile).
1Y return: 21.55% (top quartile).
Alpha: 3.75 (upper mid).
Sharpe: 0.71 (top quartile).
Information ratio: 0.02 (lower mid).

SBI PSU Fund

Lower mid AUM (₹6,678 Cr).
Established history (16+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 22.78% (top quartile).
3Y return: 20.67% (upper mid).
1Y return: 10.12% (lower mid).
Alpha: -0.89 (lower mid).
Sharpe: 0.28 (lower mid).
Information ratio: -0.34 (bottom quartile).

SBI Magnum COMMA Fund

Bottom quartile AUM (₹1,185 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: High.
5Y return: 11.12% (bottom quartile).
3Y return: 16.36% (upper mid).
1Y return: 14.57% (upper mid).
Alpha: -1.18 (bottom quartile).
Sharpe: 0.43 (upper mid).
Information ratio: 0.04 (lower mid).

SBI Focused Equity Fund

Highest AUM (₹50,041 Cr).
Established history (21+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 11.61% (lower mid).
3Y return: 15.67% (lower mid).
1Y return: 14.78% (upper mid).
Alpha: 11.68 (top quartile).
Sharpe: 0.54 (upper mid).
Information ratio: 0.54 (upper mid).

SBI Banking & Financial Services Fund

Upper mid AUM (₹10,872 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 11.39% (bottom quartile).
3Y return: 15.41% (lower mid).
1Y return: 4.19% (bottom quartile).
Alpha: 2.91 (upper mid).
Sharpe: 0.03 (bottom quartile).
Information ratio: 0.80 (upper mid).

SBI Magnum Tax Gain Fund

Upper mid AUM (₹32,300 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 14.52% (lower mid).
3Y return: 14.27% (bottom quartile).
1Y return: -0.41% (bottom quartile).
Alpha: -1.69 (bottom quartile).
Sharpe: -0.16 (bottom quartile).
Information ratio: 1.01 (top quartile).

SBI Infrastructure Fund

Bottom quartile AUM (₹4,931 Cr).
Established history (19+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 15.75% (upper mid).
3Y return: 13.65% (bottom quartile).
1Y return: 4.23% (lower mid).
Alpha: 1.46 (lower mid).
Sharpe: 0.10 (lower mid).
Information ratio: -0.13 (bottom quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

Regulated & compliant: AMFI-registered and MCA-incorporated.
Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

*List of Equity Funds based on Assets >= 100 Crore & Sorted on 3 Year CAGR Returns.

1. SBI Healthcare Opportunities Fund

(Erstwhile SBI Pharma Fund)

To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy.

Research Highlights for SBI Healthcare Opportunities Fund

Lower mid AUM (₹5,400 Cr).
Oldest track record among peers (21 yrs).
Rating: 2★ (upper mid).
Risk profile: High.
5Y return: 17.30% (upper mid).
3Y return: 23.72% (top quartile).
1Y return: 21.55% (top quartile).
Alpha: 3.75 (upper mid).
Sharpe: 0.71 (top quartile).
Information ratio: 0.02 (lower mid).
Higher exposure to Health Care vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding Sun Pharmaceuticals Industries Ltd (~12.7%).

Below is the key information for SBI Healthcare Opportunities Fund

SBI Healthcare Opportunities Fund Growth
Launch Date	31 Dec 04
NAV (02 Sep 26)	₹521.615 ↓ -0.63 (-0.12 %)
Net Assets (Cr)	₹5,400 on 31 Jul 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.97
Sharpe Ratio	0.71
Information Ratio	0.02
Alpha Ratio	3.75
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-15 Days (0.5%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹9,106
31 Aug 23	₹11,887
31 Aug 24	₹17,431
31 Aug 25	₹18,250
31 Aug 26	₹22,516

SBI Healthcare Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for SBI Healthcare Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	1.6%
3 Month	14.4%
6 Month	21.5%
1 Year	21.5%
3 Year	23.7%
5 Year	17.3%
10 Year
15 Year
Since launch	15.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-3.5%
2024	42.2%
2023	38.2%
2022	-6%
2021	20.1%
2020	65.8%
2019	-0.5%
2018	-9.9%
2017	2.1%
2016	-14%

Fund Manager information for SBI Healthcare Opportunities Fund

Name	Since	Tenure
Tanmaya Desai	1 Jun 11	15.18 Yr.

Data below for SBI Healthcare Opportunities Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Health Care	90.84%
Basic Materials	7.46%

Asset Allocation

Asset Class	Value
Cash	1.65%
Equity	98.29%
Debt	0.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Dec 17 \| SUNPHARMA	13%	₹687 Cr	3,450,000 ↑ 450,000
Divi's Laboratories Ltd (Healthcare) Equity, Since 31 Mar 12 \| DIVISLAB	7%	₹403 Cr	500,000 ↑ 50,000
Acutaas Chemicals Ltd (Basic Materials) Equity, Since 30 Jun 24 \| 543349	5%	₹279 Cr	900,000
Cipla Ltd (Healthcare) Equity, Since 31 May 26 \| 500087	5%	₹274 Cr	1,860,000 ↑ 660,000
Apollo Hospitals Enterprise Ltd (Healthcare) Equity, Since 31 Jan 26 \| APOLLOHOSP	5%	₹269 Cr	300,000
Torrent Pharmaceuticals Ltd (Healthcare) Equity, Since 30 Jun 21 \| TORNTPHARM	5%	₹256 Cr	500,000 ↑ 140,000
Max Healthcare Institute Ltd Ordinary Shares (Healthcare) Equity, Since 31 Mar 21 \| MAXHEALTH	5%	₹247 Cr	2,250,000
Laurus Labs Ltd (Healthcare) Equity, Since 31 Aug 23 \| 540222	4%	₹218 Cr	1,200,000
Aurobindo Pharma Ltd (Healthcare) Equity, Since 31 Mar 26 \| AUROPHARMA	4%	₹209 Cr	1,320,000
Aster DM Quality Care Ltd Ordinary Shares (Healthcare) Equity, Since 31 Mar 24 \| ASTERDM	4%	₹197 Cr	2,400,000

2. SBI PSU Fund

The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme 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.

Research Highlights for SBI PSU Fund

Lower mid AUM (₹6,678 Cr).
Established history (16+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 22.78% (top quartile).
3Y return: 20.67% (upper mid).
1Y return: 10.12% (lower mid).
Alpha: -0.89 (lower mid).
Sharpe: 0.28 (lower mid).
Information ratio: -0.34 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding State Bank of India (~16.7%).
Top-3 holdings concentration ~35.0%.

Below is the key information for SBI PSU Fund

SBI PSU Fund Growth
Launch Date	7 Jul 10
NAV (02 Sep 26)	₹34.1339 ↓ -0.03 (-0.08 %)
Net Assets (Cr)	₹6,678 on 31 Jul 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.89
Sharpe Ratio	0.28
Information Ratio	-0.34
Alpha Ratio	-0.89
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹11,785
31 Aug 23	₹15,512
31 Aug 24	₹28,188
31 Aug 25	₹24,899
31 Aug 26	₹28,344

SBI PSU Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691 Invest Now

Returns for SBI PSU Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	-0.6%
3 Month	-1.1%
6 Month	-7%
1 Year	10.1%
3 Year	20.7%
5 Year	22.8%
10 Year
15 Year
Since launch	7.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	11.3%
2024	23.5%
2023	54%
2022	29%
2021	32.4%
2020	-10%
2019	6%
2018	-23.8%
2017	21.9%
2016	16.2%

Fund Manager information for SBI PSU Fund

Name	Since	Tenure
Rohit Shimpi	1 Jun 24	2.17 Yr.

Data below for SBI PSU Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	33.66%
Utility	31.89%
Industrials	14.38%
Energy	11.69%
Basic Materials	6.17%

Asset Allocation

Asset Class	Value
Cash	1.87%
Equity	98.05%
Debt	0.07%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
State Bank of India (Financial Services) Equity, Since 31 Jul 10 \| SBIN	17%	₹1,112 Cr	10,827,500
GAIL (India) Ltd (Utilities) Equity, Since 31 May 24 \| 532155	9%	₹620 Cr	34,150,000 ↓ -4,000,000
NTPC Ltd (Utilities) Equity, Since 31 Jul 10 \| 532555	9%	₹606 Cr	17,443,244 ↑ 2,000,000
Power Grid Corp Of India Ltd (Utilities) Equity, Since 31 Jul 10 \| 532898	8%	₹567 Cr	19,935,554
Bharat Electronics Ltd (Industrials) Equity, Since 30 Jun 24 \| BEL	8%	₹550 Cr	14,185,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 May 20 \| 500312	5%	₹355 Cr	14,655,000
Bank of Baroda (Financial Services) Equity, Since 31 Aug 24 \| 532134	5%	₹348 Cr	14,350,000
Bharat Petroleum Corp Ltd (Energy) Equity, Since 31 Aug 24 \| 500547	5%	₹310 Cr	9,700,000
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Jun 25 \| 500103	4%	₹265 Cr	6,500,000
NMDC Ltd (Basic Materials) Equity, Since 31 Oct 23 \| 526371	4%	₹237 Cr	27,900,000

3. SBI Magnum COMMA Fund

To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil & Gas, Metals, Materials & Agriculture and in debt & money market instruments.

Research Highlights for SBI Magnum COMMA Fund

Bottom quartile AUM (₹1,185 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: High.
5Y return: 11.12% (bottom quartile).
3Y return: 16.36% (upper mid).
1Y return: 14.57% (upper mid).
Alpha: -1.18 (bottom quartile).
Sharpe: 0.43 (upper mid).
Information ratio: 0.04 (lower mid).
Higher exposure to Basic Materials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding Tata Steel Ltd (~6.8%).

Below is the key information for SBI Magnum COMMA Fund

SBI Magnum COMMA Fund Growth
Launch Date	8 Aug 05
NAV (02 Sep 26)	₹118.693 ↑ 0.31 (0.26 %)
Net Assets (Cr)	₹1,185 on 31 Jul 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	High
Expense Ratio	2.58
Sharpe Ratio	0.43
Information Ratio	0.04
Alpha Ratio	-1.18
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹9,826
31 Aug 23	₹10,660
31 Aug 24	₹15,631
31 Aug 25	₹14,564
31 Aug 26	₹17,003

SBI Magnum COMMA Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for SBI Magnum COMMA Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	2.2%
3 Month	1.3%
6 Month	4.3%
1 Year	14.6%
3 Year	16.4%
5 Year	11.1%
10 Year
15 Year
Since launch	12.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	12.3%
2024	10.5%
2023	32.3%
2022	-6.6%
2021	52%
2020	23.9%
2019	11.8%
2018	-18.7%
2017	39.2%
2016	32.3%

Fund Manager information for SBI Magnum COMMA Fund

Name	Since	Tenure
Dinesh Balachandran	1 Jun 24	2.25 Yr.

Data below for SBI Magnum COMMA Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Basic Materials	50.18%
Energy	15.71%
Utility	11.78%
Consumer Cyclical	8.65%
Health Care	5.11%
Consumer Defensive	4.53%
Financial Services	1.84%

Asset Allocation

Asset Class	Value
Cash	1.94%
Equity	97.82%
Debt	0.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tata Steel Ltd (Basic Materials) Equity, Since 30 Apr 11 \| TATASTEEL	7%	₹81 Cr	4,276,000
JSW Steel Ltd (Basic Materials) Equity, Since 31 May 24 \| JSWSTEEL	5%	₹64 Cr	500,000
Sudeep Pharma Ltd (Healthcare) Equity, Since 31 Jul 26 \| SUDEEPPHRM	5%	₹61 Cr	687,500 ↑ 687,500
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 May 20 \| 500312	5%	₹55 Cr	2,266,750
CESC Ltd (Utilities) Equity, Since 30 Sep 24 \| CESC	4%	₹52 Cr	3,170,000
Gokaldas Exports Ltd (Consumer Cyclical) Equity, Since 30 Apr 26 \| GOKEX	4%	₹48 Cr	583,507 ↑ 38,772
UltraTech Cement Ltd (Basic Materials) Equity, Since 30 Jun 18 \| 532538	3%	₹40 Cr	34,000
Steel Authority Of India Ltd (Basic Materials) Equity, Since 29 Feb 24 \| SAIL	3%	₹40 Cr	2,350,000
Arvind Ltd (Consumer Cyclical) Equity, Since 30 Apr 24 \| 500101	3%	₹39 Cr	760,000
Balrampur Chini Mills Ltd (Consumer Defensive) Equity, Since 31 Jul 24 \| BALRAMCHIN	3%	₹38 Cr	650,000

4. SBI Focused Equity Fund

(Erstwhile SBI Emerging Businesses Fund)

The investment objective of the Emerging Businesses Fund would be to participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive. The fund may also evaluate Emerging Businesses with growth potential and domestic focus.

Research Highlights for SBI Focused Equity Fund

Highest AUM (₹50,041 Cr).
Established history (21+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 11.61% (lower mid).
3Y return: 15.67% (lower mid).
1Y return: 14.78% (upper mid).
Alpha: 11.68 (top quartile).
Sharpe: 0.54 (upper mid).
Information ratio: 0.54 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~93%).
Largest holding Bajaj Finance Ltd (~9.2%).

Below is the key information for SBI Focused Equity Fund

SBI Focused Equity Fund Growth
Launch Date	11 Oct 04
NAV (01 Sep 26)	₹400.873 ↓ -2.49 (-0.62 %)
Net Assets (Cr)	₹50,041 on 31 Jul 26
Category	Equity - Focused
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	0.54
Information Ratio	0.54
Alpha Ratio	11.68
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,015
31 Aug 23	₹11,143
31 Aug 24	₹14,479
31 Aug 25	₹14,952
31 Aug 26	₹17,439

SBI Focused Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for SBI Focused Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	0%
3 Month	5%
6 Month	7.6%
1 Year	14.8%
3 Year	15.7%
5 Year	11.6%
10 Year
15 Year
Since launch	18.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	15.7%
2024	17.2%
2023	22.2%
2022	-8.5%
2021	43%
2020	14.5%
2019	16.1%
2018	-3.8%
2017	44.7%
2016	2.2%

Fund Manager information for SBI Focused Equity Fund

Name	Since	Tenure
R. Srinivasan	1 May 09	17.26 Yr.

Data below for SBI Focused Equity Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	35.28%
Communication Services	12.98%
Utility	11.55%
Consumer Cyclical	10.91%
Health Care	4.52%
Basic Materials	4.04%
Technology	3.2%
Consumer Defensive	3.17%
Energy	2.95%
Real Estate	2.28%
Industrials	1.98%

Asset Allocation

Asset Class	Value
Cash	6.17%
Equity	92.87%
Debt	0.96%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Oct 25 \| 500034	9%	₹4,606 Cr	40,362,161 ↑ 14,926,113
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 26 \| ICICIBANK	8%	₹3,876 Cr	27,000,000
Alphabet Inc Class A (Communication Services) Equity, Since 30 Sep 18 \| GOOGL	7%	₹3,736 Cr	1,100,000
State Bank of India (Financial Services) Equity, Since 30 Sep 21 \| SBIN	6%	₹3,082 Cr	30,000,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	6%	₹2,761 Cr	14,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 30 Jun 24 \| KOTAKBANK	5%	₹2,732 Cr	70,000,000
Adani Energy Solutions Ltd (Utilities) Equity, Since 31 Aug 25 \| ADANIENSOL	5%	₹2,468 Cr	15,000,000 ↓ -171,443
Adani Power Ltd (Utilities) Equity, Since 31 Oct 25 \| 533096	5%	₹2,324 Cr	110,000,000
Muthoot Finance Ltd (Financial Services) Equity, Since 29 Feb 20 \| 533398	4%	₹2,184 Cr	7,000,000
Solar Industries India Ltd (Basic Materials) Equity, Since 31 Jul 16 \| SOLARINDS	4%	₹2,023 Cr	1,100,000 ↓ -8,653

5. SBI Banking & Financial Services Fund

The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for SBI Banking & Financial Services Fund

Upper mid AUM (₹10,872 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 11.39% (bottom quartile).
3Y return: 15.41% (lower mid).
1Y return: 4.19% (bottom quartile).
Alpha: 2.91 (upper mid).
Sharpe: 0.03 (bottom quartile).
Information ratio: 0.80 (upper mid).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~17.0%).
Top-3 holdings concentration ~37.3%.

Below is the key information for SBI Banking & Financial Services Fund

SBI Banking & Financial Services Fund Growth
Launch Date	26 Feb 15
NAV (02 Sep 26)	₹43.1952 ↓ -0.15 (-0.33 %)
Net Assets (Cr)	₹10,872 on 31 Jul 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	Not Rated
Risk	High
Expense Ratio	1.83
Sharpe Ratio	0.03
Information Ratio	0.8
Alpha Ratio	2.91
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,302
31 Aug 23	₹11,199
31 Aug 24	₹15,145
31 Aug 25	₹16,587
31 Aug 26	₹17,548

SBI Banking & Financial Services Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for SBI Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	-1.8%
3 Month	3.7%
6 Month	-5.5%
1 Year	4.2%
3 Year	15.4%
5 Year	11.4%
10 Year
15 Year
Since launch	13.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	20.4%
2024	19.6%
2023	18.6%
2022	13.5%
2021	12.1%
2020	4.8%
2019	20.7%
2018	9.5%
2017	40.7%
2016	17%

Fund Manager information for SBI Banking & Financial Services Fund

Name	Since	Tenure
Milind Agrawal	1 Aug 19	7.09 Yr.

Data below for SBI Banking & Financial Services Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	92.33%
Technology	3.53%

Asset Allocation

Asset Class	Value
Cash	4.09%
Equity	95.86%
Debt	0.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| HDFCBANK	17%	₹1,845 Cr	24,666,796
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 16 \| ICICIBANK	11%	₹1,158 Cr	8,069,214 ↓ -2,500,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 28 Feb 23 \| KOTAKBANK	10%	₹1,052 Cr	26,957,770
Bajaj Finance Ltd (Financial Services) Equity, Since 30 Sep 25 \| 500034	8%	₹883 Cr	7,737,213 ↑ 1,681,420
State Bank of India (Financial Services) Equity, Since 31 Jul 18 \| SBIN	7%	₹753 Cr	7,330,364
HDFC Life Insurance Co Ltd (Financial Services) Equity, Since 31 Mar 25 \| HDFCLIFE	4%	₹458 Cr	8,348,085
Muthoot Finance Ltd (Financial Services) Equity, Since 31 Dec 22 \| 533398	3%	₹364 Cr	1,165,272 ↓ -431,693
Bank of Baroda (Financial Services) Equity, Since 31 Mar 25 \| 532134	3%	₹325 Cr	13,378,955 ↑ 1,967,239
Future on Manappuram Finance Ltd Derivatives, Since 31 Jul 26 \| -	3%	₹280 Cr	7,500,000 ↑ 7,500,000
Cholamandalam Investment and Finance Co Ltd (Financial Services) Equity, Since 28 Feb 26 \| CHOLAFIN	2%	₹259 Cr	1,400,000

6. SBI Magnum Tax Gain Fund

To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

Research Highlights for SBI Magnum Tax Gain Fund

Upper mid AUM (₹32,300 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 14.52% (lower mid).
3Y return: 14.27% (bottom quartile).
1Y return: -0.41% (bottom quartile).
Alpha: -1.69 (bottom quartile).
Sharpe: -0.16 (bottom quartile).
Information ratio: 1.01 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding ICICI Bank Ltd (~8.4%).

Below is the key information for SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund Growth
Launch Date	7 May 07
NAV (02 Sep 26)	₹427.833 ↓ -1.69 (-0.39 %)
Net Assets (Cr)	₹32,300 on 31 Jul 26
Category	Equity - ELSS
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.6
Sharpe Ratio	-0.16
Information Ratio	1.01
Alpha Ratio	-1.69
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,716
31 Aug 23	₹13,230
31 Aug 24	₹20,835
31 Aug 25	₹19,765
31 Aug 26	₹20,071

SBI Magnum Tax Gain Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for SBI Magnum Tax Gain Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	-2.8%
3 Month	1.2%
6 Month	-2.6%
1 Year	-0.4%
3 Year	14.3%
5 Year	14.5%
10 Year
15 Year
Since launch	11.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	6.6%
2024	27.7%
2023	40%
2022	6.9%
2021	31%
2020	18.9%
2019	4%
2018	-8.3%
2017	33%
2016	2.1%

Fund Manager information for SBI Magnum Tax Gain Fund

Name	Since	Tenure
Milind Agrawal	1 Jan 26	0.66 Yr.

Data below for SBI Magnum Tax Gain Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	35.79%
Industrials	9.54%
Energy	8.81%
Consumer Cyclical	8.29%
Health Care	7.84%
Basic Materials	7.83%
Utility	6.17%
Technology	5.09%
Communication Services	2.74%
Consumer Defensive	2.44%
Real Estate	1.09%

Asset Allocation

Asset Class	Value
Cash	4.18%
Equity	95.7%
Debt	0.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jan 17 \| ICICIBANK	8%	₹2,728 Cr	19,002,013 ↓ -3,015,438
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 07 \| HDFCBANK	8%	₹2,550 Cr	34,086,506 ↑ 5,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Dec 23 \| KOTAKBANK	6%	₹1,783 Cr	45,686,609 ↓ -6,463,391
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 06 \| RELIANCE	4%	₹1,278 Cr	9,775,148 ↑ 2,500,000
Adani Enterprises Ltd (Energy) Equity, Since 30 Jun 26 \| 512599	3%	₹1,034 Cr	3,434,305 ↑ 1,734,305
Bajaj Finance Ltd (Financial Services) Equity, Since 28 Feb 26 \| 500034	3%	₹986 Cr	8,638,732 ↑ 2,398,986
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 26 \| LT	3%	₹893 Cr	2,268,231
Torrent Power Ltd (Utilities) Equity, Since 31 Jul 19 \| 532779	2%	₹793 Cr	5,610,813
Cipla Ltd (Healthcare) Equity, Since 31 Jul 18 \| 500087	2%	₹701 Cr	4,756,637
AIA Engineering Ltd (Industrials) Equity, Since 31 Dec 20 \| AIAENG	2%	₹681 Cr	1,484,340

7. SBI Infrastructure Fund

To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies directly or indirectly involved in the infrastructure growth in the Indian economy and in debt & money market instruments.

Research Highlights for SBI Infrastructure Fund

Bottom quartile AUM (₹4,931 Cr).
Established history (19+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 15.75% (upper mid).
3Y return: 13.65% (bottom quartile).
1Y return: 4.23% (lower mid).
Alpha: 1.46 (lower mid).
Sharpe: 0.10 (lower mid).
Information ratio: -0.13 (bottom quartile).
Higher exposure to Industrials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~94%).
High-quality debt (AAA/AA ~100%).
Largest holding Reliance Industries Ltd (~9.5%).

Below is the key information for SBI Infrastructure Fund

SBI Infrastructure Fund Growth
Launch Date	6 Jul 07
NAV (02 Sep 26)	₹49.8204 ↑ 0.04 (0.08 %)
Net Assets (Cr)	₹4,931 on 31 Jul 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	High
Expense Ratio	1.92
Sharpe Ratio	0.1
Information Ratio	-0.13
Alpha Ratio	1.46
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹11,278
31 Aug 23	₹14,192
31 Aug 24	₹22,647
31 Aug 25	₹19,916
31 Aug 26	₹20,925

SBI Infrastructure Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for SBI Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Sep 26

Duration	Returns
1 Month	-2.8%
3 Month	-1.5%
6 Month	3.6%
1 Year	4.2%
3 Year	13.6%
5 Year	15.7%
10 Year
15 Year
Since launch	8.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-1%
2024	20.8%
2023	49.7%
2022	9.3%
2021	48.3%
2020	8.2%
2019	10.2%
2018	-18.1%
2017	41.7%
2016	9.3%

Fund Manager information for SBI Infrastructure Fund

Name	Since	Tenure
Bhavin Vithlani	1 Jan 22	4.67 Yr.

Data below for SBI Infrastructure Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Industrials	32.78%
Energy	18.07%
Basic Materials	14.46%
Utility	12.07%
Communication Services	8.38%
Real Estate	4.09%
Financial Services	2.27%
Consumer Cyclical	1.82%

Asset Allocation

Asset Class	Value
Cash	5.95%
Equity	93.95%
Debt	0.1%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reliance Industries Ltd (Energy) Equity, Since 30 Sep 19 \| RELIANCE	10%	₹471 Cr	3,600,000
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 07 \| BHARTIARTL	6%	₹316 Cr	1,600,000 ↓ -200,000
Shree Cement Ltd (Basic Materials) Equity, Since 31 Jul 22 \| 500387	5%	₹261 Cr	100,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 07 \| LT	5%	₹236 Cr	600,000 ↓ -99,850
Adani Enterprises Ltd (Energy) Equity, Since 31 May 26 \| 512599	4%	₹212 Cr	705,053 ↑ 520,291
Adani Ports & Special Economic Zone Ltd (Industrials) Equity, Since 30 Sep 25 \| ADANIPORTS	4%	₹204 Cr	1,200,000
Adani Energy Solutions Ltd (Utilities) Equity, Since 31 May 25 \| ADANIENSOL	4%	₹197 Cr	1,200,000
Siemens Ltd (Industrials) Equity, Since 31 May 25 \| 500550	4%	₹188 Cr	500,000
Torrent Power Ltd (Utilities) Equity, Since 31 May 22 \| 532779	3%	₹170 Cr	1,200,000
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 31 May 25 \| 500103	3%	₹163 Cr	4,000,000

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.