7 Best Equity Mutual Funds by SBI MF 2026

Updated on February 2, 2026 , 89922 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 (%)	2024 (%)	Sharpe Ratio
SBI PSU Fund Growth	₹35.398 ↑ 0.50	₹5,817	5	13.6	21.6	32.8	28.6	11.3	0.33
SBI Healthcare Opportunities Fund Growth	₹413.017 ↑ 9.58	₹3,989	-5.6	-4.5	-0.5	24	15.6	-3.5	-0.58
SBI Magnum Tax Gain Fund Growth	₹447.743 ↑ 1.25	₹32,609	0.3	3.7	8.1	23.9	19.4	6.6	0.1
SBI Infrastructure Fund Growth	₹49.2788 ↑ 0.69	₹4,727	-0.7	2.4	4.2	21.8	21.4	-1	-0.3
SBI Banking & Financial Services Fund Growth	₹46.1832 ↑ 0.21	₹10,106	3.8	9.8	23.6	21.7	14.7	20.4	1.08
SBI Contra Fund Growth	₹390.463 ↑ 5.53	₹49,967	-0.7	4	8.1	20.2	21.5	6.1	0.06
SBI Magnum COMMA Fund Growth	₹113.504 ↑ 1.89	₹863	4.8	9.6	21	19.9	18.2	12.3	0.43
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 4 Feb 26
Note: Ratio's shown as on 31 Dec 25

Research Highlights & Commentary of 7 Funds showcased

Commentary	SBI PSU Fund	SBI Healthcare Opportunities Fund	SBI Magnum Tax Gain Fund	SBI Infrastructure Fund	SBI Banking & Financial Services Fund	SBI Contra Fund	SBI Magnum COMMA Fund
Point 1	Lower mid AUM (₹5,817 Cr).	Bottom quartile AUM (₹3,989 Cr).	Upper mid AUM (₹32,609 Cr).	Lower mid AUM (₹4,727 Cr).	Upper mid AUM (₹10,106 Cr).	Highest AUM (₹49,967 Cr).	Bottom quartile AUM (₹863 Cr).
Point 2	Established history (15+ yrs).	Oldest track record among peers (21 yrs).	Established history (18+ yrs).	Established history (18+ yrs).	Established history (10+ yrs).	Established history (20+ yrs).	Established history (20+ yrs).
Point 3	Rating: 2★ (lower mid).	Rating: 2★ (lower mid).	Rating: 2★ (bottom quartile).	Rating: 3★ (upper mid).	Not Rated.	Rating: 3★ (upper mid).	Top rated.
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.
Point 5	5Y return: 28.57% (top quartile).	5Y return: 15.62% (bottom quartile).	5Y return: 19.45% (lower mid).	5Y return: 21.37% (upper mid).	5Y return: 14.72% (bottom quartile).	5Y return: 21.49% (upper mid).	5Y return: 18.22% (lower mid).
Point 6	3Y return: 32.80% (top quartile).	3Y return: 23.95% (upper mid).	3Y return: 23.94% (upper mid).	3Y return: 21.85% (lower mid).	3Y return: 21.70% (lower mid).	3Y return: 20.16% (bottom quartile).	3Y return: 19.91% (bottom quartile).
Point 7	1Y return: 21.61% (upper mid).	1Y return: -0.52% (bottom quartile).	1Y return: 8.12% (lower mid).	1Y return: 4.22% (bottom quartile).	1Y return: 23.58% (top quartile).	1Y return: 8.09% (lower mid).	1Y return: 21.05% (upper mid).
Point 8	Alpha: -0.22 (upper mid).	Alpha: -2.26 (lower mid).	Alpha: -0.86 (upper mid).	Alpha: -14.78 (bottom quartile).	Alpha: 1.96 (top quartile).	Alpha: -3.65 (lower mid).	Alpha: -4.27 (bottom quartile).
Point 9	Sharpe: 0.33 (upper mid).	Sharpe: -0.58 (bottom quartile).	Sharpe: 0.10 (lower mid).	Sharpe: -0.30 (bottom quartile).	Sharpe: 1.08 (top quartile).	Sharpe: 0.06 (lower mid).	Sharpe: 0.43 (upper mid).
Point 10	Information ratio: -0.47 (bottom quartile).	Information ratio: -0.22 (lower mid).	Information ratio: 1.95 (top quartile).	Information ratio: -0.28 (bottom quartile).	Information ratio: 0.89 (upper mid).	Information ratio: 1.14 (upper mid).	Information ratio: 0.00 (lower mid).

SBI PSU Fund

Lower mid AUM (₹5,817 Cr).
Established history (15+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 28.57% (top quartile).
3Y return: 32.80% (top quartile).
1Y return: 21.61% (upper mid).
Alpha: -0.22 (upper mid).
Sharpe: 0.33 (upper mid).
Information ratio: -0.47 (bottom quartile).

SBI Healthcare Opportunities Fund

Bottom quartile AUM (₹3,989 Cr).
Oldest track record among peers (21 yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 15.62% (bottom quartile).
3Y return: 23.95% (upper mid).
1Y return: -0.52% (bottom quartile).
Alpha: -2.26 (lower mid).
Sharpe: -0.58 (bottom quartile).
Information ratio: -0.22 (lower mid).

SBI Magnum Tax Gain Fund

Upper mid AUM (₹32,609 Cr).
Established history (18+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.45% (lower mid).
3Y return: 23.94% (upper mid).
1Y return: 8.12% (lower mid).
Alpha: -0.86 (upper mid).
Sharpe: 0.10 (lower mid).
Information ratio: 1.95 (top quartile).

SBI Infrastructure Fund

Lower mid AUM (₹4,727 Cr).
Established history (18+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 21.37% (upper mid).
3Y return: 21.85% (lower mid).
1Y return: 4.22% (bottom quartile).
Alpha: -14.78 (bottom quartile).
Sharpe: -0.30 (bottom quartile).
Information ratio: -0.28 (bottom quartile).

SBI Banking & Financial Services Fund

Upper mid AUM (₹10,106 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: High.
5Y return: 14.72% (bottom quartile).
3Y return: 21.70% (lower mid).
1Y return: 23.58% (top quartile).
Alpha: 1.96 (top quartile).
Sharpe: 1.08 (top quartile).
Information ratio: 0.89 (upper mid).

SBI Contra Fund

Highest AUM (₹49,967 Cr).
Established history (20+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.49% (upper mid).
3Y return: 20.16% (bottom quartile).
1Y return: 8.09% (lower mid).
Alpha: -3.65 (lower mid).
Sharpe: 0.06 (lower mid).
Information ratio: 1.14 (upper mid).

SBI Magnum COMMA Fund

Bottom quartile AUM (₹863 Cr).
Established history (20+ yrs).
Top rated.
Risk profile: High.
5Y return: 18.22% (lower mid).
3Y return: 19.91% (bottom quartile).
1Y return: 21.05% (upper mid).
Alpha: -4.27 (bottom quartile).
Sharpe: 0.43 (upper mid).
Information ratio: 0.00 (lower mid).

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 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 (₹5,817 Cr).
Established history (15+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 28.57% (top quartile).
3Y return: 32.80% (top quartile).
1Y return: 21.61% (upper mid).
Alpha: -0.22 (upper mid).
Sharpe: 0.33 (upper mid).
Information ratio: -0.47 (bottom quartile).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding State Bank of India (~16.8%).

Below is the key information for SBI PSU Fund

SBI PSU Fund Growth
Launch Date	7 Jul 10
NAV (04 Feb 26)	₹35.398 ↑ 0.50 (1.43 %)
Net Assets (Cr)	₹5,817 on 31 Dec 25
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.89
Sharpe Ratio	0.33
Information Ratio	-0.47
Alpha Ratio	-0.22
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 Jan 21	₹10,000
31 Jan 22	₹14,656
31 Jan 23	₹17,067
31 Jan 24	₹30,032
31 Jan 25	₹32,242
31 Jan 26	₹38,028

SBI PSU Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹612,552.
Net Profit of ₹312,552 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 4 Feb 26

Duration	Returns
1 Month	2.3%
3 Month	5%
6 Month	13.6%
1 Year	21.6%
3 Year	32.8%
5 Year	28.6%
10 Year
15 Year
Since launch	8.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	11.3%
2023	23.5%
2022	54%
2021	29%
2020	32.4%
2019	-10%
2018	6%
2017	-23.8%
2016	21.9%
2015	16.2%

Fund Manager information for SBI PSU Fund

Name	Since	Tenure
Rohit Shimpi	1 Jun 24	1.59 Yr.

Data below for SBI PSU Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Financial Services	35.24%
Utility	29.32%
Energy	13.87%
Industrials	12%
Basic Materials	6.69%

Asset Allocation

Asset Class	Value
Cash	2.8%
Equity	97.11%
Debt	0.08%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
State Bank of India (Financial Services) Equity, Since 31 Jul 10 \| SBIN	17%	₹975 Cr	9,927,500
Bharat Electronics Ltd (Industrials) Equity, Since 30 Jun 24 \| BEL	9%	₹518 Cr	12,975,000
NTPC Ltd (Utilities) Equity, Since 31 Jul 10 \| 532555	9%	₹509 Cr	15,443,244 ↑ 900,000
GAIL (India) Ltd (Utilities) Equity, Since 31 May 24 \| 532155	9%	₹502 Cr	29,150,000 ↑ 3,400,000
Power Grid Corp Of India Ltd (Utilities) Equity, Since 31 Jul 10 \| 532898	8%	₹467 Cr	17,635,554 ↑ 1,100,000
Bharat Petroleum Corp Ltd (Energy) Equity, Since 31 Aug 24 \| 500547	6%	₹372 Cr	9,700,000
Bank of Baroda (Financial Services) Equity, Since 31 Aug 24 \| 532134	6%	₹325 Cr	11,000,000
NMDC Ltd (Basic Materials) Equity, Since 31 Oct 23 \| 526371	4%	₹232 Cr	27,900,000
Indian Bank (Financial Services) Equity, Since 30 Jun 21 \| 532814	3%	₹203 Cr	2,427,235
Oil India Ltd (Energy) Equity, Since 31 Mar 24 \| OIL	3%	₹163 Cr	3,850,000

2. 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

Bottom quartile AUM (₹3,989 Cr).
Oldest track record among peers (21 yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 15.62% (bottom quartile).
3Y return: 23.95% (upper mid).
1Y return: -0.52% (bottom quartile).
Alpha: -2.26 (lower mid).
Sharpe: -0.58 (bottom quartile).
Information ratio: -0.22 (lower mid).
Higher exposure to Health Care vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding Sun Pharmaceuticals Industries Ltd (~11.6%).

Below is the key information for SBI Healthcare Opportunities Fund

SBI Healthcare Opportunities Fund Growth
Launch Date	31 Dec 04
NAV (03 Feb 26)	₹413.017 ↑ 9.58 (2.37 %)
Net Assets (Cr)	₹3,989 on 31 Dec 25
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.97
Sharpe Ratio	-0.58
Information Ratio	-0.22
Alpha Ratio	-2.26
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 Jan 21	₹10,000
31 Jan 22	₹11,325
31 Jan 23	₹11,399
31 Jan 24	₹16,839
31 Jan 25	₹21,355
31 Jan 26	₹21,029

SBI Healthcare Opportunities 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 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 4 Feb 26

Duration	Returns
1 Month	-2.7%
3 Month	-5.6%
6 Month	-4.5%
1 Year	-0.5%
3 Year	24%
5 Year	15.6%
10 Year
15 Year
Since launch	14.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-3.5%
2023	42.2%
2022	38.2%
2021	-6%
2020	20.1%
2019	65.8%
2018	-0.5%
2017	-9.9%
2016	2.1%
2015	-14%

Fund Manager information for SBI Healthcare Opportunities Fund

Name	Since	Tenure
Tanmaya Desai	1 Jun 11	14.6 Yr.

Data below for SBI Healthcare Opportunities Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Health Care	89.74%
Basic Materials	6.86%

Asset Allocation

Asset Class	Value
Cash	3.33%
Equity	96.6%
Debt	0.07%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Dec 17 \| SUNPHARMA	12%	₹464 Cr	2,700,000
Divi's Laboratories Ltd (Healthcare) Equity, Since 31 Mar 12 \| DIVISLAB	7%	₹281 Cr	440,000
Max Healthcare Institute Ltd Ordinary Shares (Healthcare) Equity, Since 31 Mar 21 \| MAXHEALTH	5%	₹209 Cr	2,000,000
Lupin Ltd (Healthcare) Equity, Since 31 Aug 23 \| 500257	4%	₹177 Cr	840,000
Laurus Labs Ltd (Healthcare) Equity, Since 31 Aug 23 \| 540222	4%	₹155 Cr	1,400,000
Torrent Pharmaceuticals Ltd (Healthcare) Equity, Since 30 Jun 21 \| TORNTPHARM	4%	₹154 Cr	400,000
Acutaas Chemicals Ltd (Basic Materials) Equity, Since 30 Jun 24 \| 543349	4%	₹153 Cr	900,000
Cipla Ltd (Healthcare) Equity, Since 31 Aug 16 \| 500087	4%	₹151 Cr	1,000,000 ↓ -200,000
Lonza Group Ltd ADR (Healthcare) Equity, Since 31 Jan 24 \| LZAGY	4%	₹145 Cr	240,000 ↓ -30,000
Biocon Ltd (Healthcare) Equity, Since 30 Nov 24 \| BIOCON	3%	₹126 Cr	3,200,000

3. 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 (₹32,609 Cr).
Established history (18+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.45% (lower mid).
3Y return: 23.94% (upper mid).
1Y return: 8.12% (lower mid).
Alpha: -0.86 (upper mid).
Sharpe: 0.10 (lower mid).
Information ratio: 1.95 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~92%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~8.7%).

Below is the key information for SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund Growth
Launch Date	7 May 07
NAV (04 Feb 26)	₹447.743 ↑ 1.25 (0.28 %)
Net Assets (Cr)	₹32,609 on 31 Dec 25
Category	Equity - ELSS
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.6
Sharpe Ratio	0.1
Information Ratio	1.95
Alpha Ratio	-0.86
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Jan 21	₹10,000
31 Jan 22	₹13,136
31 Jan 23	₹13,737
31 Jan 24	₹20,630
31 Jan 25	₹24,199
31 Jan 26	₹25,870

SBI Magnum Tax Gain Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 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 4 Feb 26

Duration	Returns
1 Month	-2.1%
3 Month	0.3%
6 Month	3.7%
1 Year	8.1%
3 Year	23.9%
5 Year	19.4%
10 Year
15 Year
Since launch	12.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.6%
2023	27.7%
2022	40%
2021	6.9%
2020	31%
2019	18.9%
2018	4%
2017	-8.3%
2016	33%
2015	2.1%

Fund Manager information for SBI Magnum Tax Gain Fund

Name	Since	Tenure
Milind Agrawal	1 Jan 26	0 Yr.

Data below for SBI Magnum Tax Gain Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Financial Services	29.37%
Consumer Cyclical	10.72%
Basic Materials	10.16%
Energy	9.2%
Technology	7.43%
Health Care	6.54%
Industrials	6.13%
Utility	4.09%
Consumer Defensive	4%
Communication Services	3.33%
Real Estate	1.09%

Asset Allocation

Asset Class	Value
Cash	7.83%
Equity	92.06%
Debt	0.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 07 \| HDFCBANK	9%	₹2,833 Cr	28,586,506
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 06 \| RELIANCE	5%	₹1,771 Cr	11,275,148
Tata Steel Ltd (Basic Materials) Equity, Since 31 Oct 21 \| TATASTEEL	3%	₹1,116 Cr	62,000,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jan 17 \| 532174	3%	₹996 Cr	7,416,237
Mahindra & Mahindra Ltd (Consumer Cyclical) Equity, Since 31 Dec 16 \| M&M	3%	₹933 Cr	2,515,083
Cipla Ltd (Healthcare) Equity, Since 31 Jul 18 \| 500087	3%	₹922 Cr	6,098,542
State Bank of India (Financial Services) Equity, Since 31 May 06 \| SBIN	3%	₹917 Cr	9,335,639
ITC Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| ITC	3%	₹863 Cr	21,414,825
Mahindra & Mahindra Financial Services Ltd (Financial Services) Equity, Since 30 Nov 20 \| M&MFIN	3%	₹850 Cr	21,086,115
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 11 \| 532215	3%	₹822 Cr	6,473,332

4. 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

Lower mid AUM (₹4,727 Cr).
Established history (18+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 21.37% (upper mid).
3Y return: 21.85% (lower mid).
1Y return: 4.22% (bottom quartile).
Alpha: -14.78 (bottom quartile).
Sharpe: -0.30 (bottom quartile).
Information ratio: -0.28 (bottom quartile).
Higher exposure to Industrials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding Reliance Industries Ltd (~10.0%).

Below is the key information for SBI Infrastructure Fund

SBI Infrastructure Fund Growth
Launch Date	6 Jul 07
NAV (04 Feb 26)	₹49.2788 ↑ 0.69 (1.41 %)
Net Assets (Cr)	₹4,727 on 31 Dec 25
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	High
Expense Ratio	1.92
Sharpe Ratio	-0.3
Information Ratio	-0.28
Alpha Ratio	-14.78
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 Jan 21	₹10,000
31 Jan 22	₹14,817
31 Jan 23	₹15,969
31 Jan 24	₹25,465
31 Jan 25	₹28,096
31 Jan 26	₹28,010

SBI Infrastructure Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 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 4 Feb 26

Duration	Returns
1 Month	-1.7%
3 Month	-0.7%
6 Month	2.4%
1 Year	4.2%
3 Year	21.8%
5 Year	21.4%
10 Year
15 Year
Since launch	9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-1%
2023	20.8%
2022	49.7%
2021	9.3%
2020	48.3%
2019	8.2%
2018	10.2%
2017	-18.1%
2016	41.7%
2015	9.3%

Fund Manager information for SBI Infrastructure Fund

Name	Since	Tenure
Bhavin Vithlani	1 Jan 22	4 Yr.

Data below for SBI Infrastructure Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Industrials	35.79%
Energy	15.13%
Basic Materials	12.9%
Utility	11.89%
Financial Services	10.87%
Communication Services	6.01%
Real Estate	2.67%
Consumer Cyclical	1.93%

Asset Allocation

Asset Class	Value
Cash	2.7%
Equity	97.2%
Debt	0.1%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reliance Industries Ltd (Energy) Equity, Since 30 Sep 19 \| RELIANCE	10%	₹471 Cr	3,000,000 ↑ 100,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 07 \| LT	10%	₹449 Cr	1,100,000
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 07 \| BHARTIARTL	6%	₹284 Cr	1,350,000
Shree Cement Ltd (Basic Materials) Equity, Since 31 Jul 22 \| 500387	6%	₹266 Cr	100,000
Adani Energy Solutions Ltd (Utilities) Equity, Since 31 May 25 \| ADANIENSOL	5%	₹216 Cr	2,100,000
Adani Ports & Special Economic Zone Ltd (Industrials) Equity, Since 30 Sep 25 \| ADANIPORTS	4%	₹176 Cr	1,200,000
Grindwell Norton Ltd (Industrials) Equity, Since 31 Jul 24 \| 506076	3%	₹156 Cr	1,000,000
Siemens Ltd (Industrials) Equity, Since 31 May 25 \| 500550	3%	₹153 Cr	500,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 Oct 25 \| 500312	3%	₹144 Cr	6,000,000
Torrent Power Ltd (Utilities) Equity, Since 31 May 22 \| 532779	3%	₹144 Cr	1,100,000

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 (₹10,106 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: High.
5Y return: 14.72% (bottom quartile).
3Y return: 21.70% (lower mid).
1Y return: 23.58% (top quartile).
Alpha: 1.96 (top quartile).
Sharpe: 1.08 (top quartile).
Information ratio: 0.89 (upper mid).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~12.4%).

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

SBI Banking & Financial Services Fund Growth
Launch Date	26 Feb 15
NAV (04 Feb 26)	₹46.1832 ↑ 0.21 (0.45 %)
Net Assets (Cr)	₹10,106 on 31 Dec 25
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	Not Rated
Risk	High
Expense Ratio	1.83
Sharpe Ratio	1.08
Information Ratio	0.89
Alpha Ratio	1.96
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 Jan 21	₹10,000
31 Jan 22	₹12,128
31 Jan 23	₹12,455
31 Jan 24	₹15,988
31 Jan 25	₹18,164
31 Jan 26	₹22,420

SBI Banking & Financial Services 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 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 4 Feb 26

Duration	Returns
1 Month	0%
3 Month	3.8%
6 Month	9.8%
1 Year	23.6%
3 Year	21.7%
5 Year	14.7%
10 Year
15 Year
Since launch	15%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	20.4%
2023	19.6%
2022	18.6%
2021	13.5%
2020	12.1%
2019	4.8%
2018	20.7%
2017	9.5%
2016	40.7%
2015	17%

Fund Manager information for SBI Banking & Financial Services Fund

Name	Since	Tenure
Milind Agrawal	1 Aug 19	6.42 Yr.
Pradeep Kesavan	1 Dec 23	2.08 Yr.

Data below for SBI Banking & Financial Services Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Financial Services	96.19%
Technology	0.64%

Asset Allocation

Asset Class	Value
Cash	3.12%
Equity	96.83%
Debt	0.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| HDFCBANK	12%	₹1,252 Cr	12,629,430
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 28 Feb 23 \| KOTAKBANK	9%	₹867 Cr	3,940,636 ↑ 349,082
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 25 \| 532215	7%	₹741 Cr	5,840,195 ↑ 604,785
Bajaj Finserv Ltd (Financial Services) Equity, Since 30 Jun 25 \| 532978	7%	₹696 Cr	3,411,808
State Bank of India (Financial Services) Equity, Since 31 Jul 18 \| SBIN	7%	₹661 Cr	6,730,364
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 16 \| 532174	6%	₹596 Cr	4,435,814
SBI Life Insurance Co Ltd (Financial Services) Equity, Since 31 May 25 \| SBILIFE	5%	₹490 Cr	2,408,631
Muthoot Finance Ltd (Financial Services) Equity, Since 31 Dec 22 \| 533398	4%	₹409 Cr	1,074,249
ICICI Prudential Asset Management Co Ltd (Financial Services) Equity, Since 31 Dec 25 \| ICICIAMC	3%	₹353 Cr	1,327,904 ↑ 1,327,904
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Oct 25 \| MCX	3%	₹313 Cr	281,000 ↑ 72,084

6. SBI Contra Fund

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

Research Highlights for SBI Contra Fund

Highest AUM (₹49,967 Cr).
Established history (20+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.49% (upper mid).
3Y return: 20.16% (bottom quartile).
1Y return: 8.09% (lower mid).
Alpha: -3.65 (lower mid).
Sharpe: 0.06 (lower mid).
Information ratio: 1.14 (upper mid).
Top sector: Financial Services.
Top bond sector: Government.
Equity-heavy allocation (~93%).
High-quality debt (AAA/AA ~100%).
Largest holding Nifty Index 27-01-2026 (~10.0%).

Below is the key information for SBI Contra Fund

SBI Contra Fund Growth
Launch Date	6 May 05
NAV (03 Feb 26)	₹390.463 ↑ 5.53 (1.44 %)
Net Assets (Cr)	₹49,967 on 31 Dec 25
Category	Equity - Contra
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.53
Sharpe Ratio	0.06
Information Ratio	1.14
Alpha Ratio	-3.65
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 Jan 21	₹10,000
31 Jan 22	₹14,611
31 Jan 23	₹16,210
31 Jan 24	₹23,519
31 Jan 25	₹26,238
31 Jan 26	₹28,029

SBI Contra Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for SBI Contra Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Feb 26

Duration	Returns
1 Month	-2.8%
3 Month	-0.7%
6 Month	4%
1 Year	8.1%
3 Year	20.2%
5 Year	21.5%
10 Year
15 Year
Since launch	14.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.1%
2023	18.8%
2022	38.2%
2021	12.8%
2020	49.9%
2019	30.6%
2018	-1%
2017	-14.3%
2016	40.2%
2015	2.4%

Fund Manager information for SBI Contra Fund

Name	Since	Tenure
Dinesh Balachandran	7 May 18	7.66 Yr.
Pradeep Kesavan	1 Dec 23	2.09 Yr.

Data below for SBI Contra Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Financial Services	22.54%
Energy	9.54%
Basic Materials	9.23%
Technology	8.4%
Consumer Cyclical	8.15%
Health Care	7.38%
Consumer Defensive	5.34%
Utility	4.22%
Communication Services	3.45%
Industrials	3.3%
Real Estate	1.33%

Asset Allocation

Asset Class	Value
Cash	4.16%
Equity	92.87%
Debt	2.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nifty Index 27-01-2026 Derivatives, Since 31 Dec 25 \| -	10%	₹4,994 Cr	1,899,300 ↑ 1,899,300
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 16 \| HDFCBANK	8%	₹4,009 Cr	40,449,258
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 23 \| RELIANCE	6%	₹3,096 Cr	19,717,567
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Mar 24 \| KOTAKBANK	3%	₹1,410 Cr	6,405,768
Punjab National Bank (Financial Services) Equity, Since 30 Sep 22 \| 532461	3%	₹1,400 Cr	113,256,586
Tata Steel Ltd (Basic Materials) Equity, Since 31 Jul 22 \| TATASTEEL	3%	₹1,334 Cr	74,067,300
ITC Ltd (Consumer Defensive) Equity, Since 31 Jul 20 \| ITC	3%	₹1,250 Cr	31,014,741
Biocon Ltd (Healthcare) Equity, Since 30 Jun 21 \| BIOCON	2%	₹1,135 Cr	28,807,465
Indus Towers Ltd Ordinary Shares (Communication Services) Equity, Since 30 Jun 24 \| 534816	2%	₹1,059 Cr	25,286,692
Dabur India Ltd (Consumer Defensive) Equity, Since 31 Dec 23 \| 500096	2%	₹949 Cr	18,846,663

7. 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 (₹863 Cr).
Established history (20+ yrs).
Top rated.
Risk profile: High.
5Y return: 18.22% (lower mid).
3Y return: 19.91% (bottom quartile).
1Y return: 21.05% (upper mid).
Alpha: -4.27 (bottom quartile).
Sharpe: 0.43 (upper mid).
Information ratio: 0.00 (lower mid).
Higher exposure to Basic Materials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~95%).
High-quality debt (AAA/AA ~100%).
Largest holding Tata Steel Ltd (~8.9%).

Below is the key information for SBI Magnum COMMA Fund

SBI Magnum COMMA Fund Growth
Launch Date	8 Aug 05
NAV (04 Feb 26)	₹113.504 ↑ 1.89 (1.69 %)
Net Assets (Cr)	₹863 on 31 Dec 25
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	High
Expense Ratio	2.58
Sharpe Ratio	0.43
Information Ratio	0
Alpha Ratio	-4.27
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 Jan 21	₹10,000
31 Jan 22	₹16,089
31 Jan 23	₹14,667
31 Jan 24	₹20,249
31 Jan 25	₹20,804
31 Jan 26	₹24,363

SBI Magnum COMMA Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 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 4 Feb 26

Duration	Returns
1 Month	1.5%
3 Month	4.8%
6 Month	9.6%
1 Year	21%
3 Year	19.9%
5 Year	18.2%
10 Year
15 Year
Since launch	12.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	12.3%
2023	10.5%
2022	32.3%
2021	-6.6%
2020	52%
2019	23.9%
2018	11.8%
2017	-18.7%
2016	39.2%
2015	32.3%

Fund Manager information for SBI Magnum COMMA Fund

Name	Since	Tenure
Dinesh Balachandran	1 Jun 24	1.59 Yr.

Data below for SBI Magnum COMMA Fund as on 31 Dec 25

Equity Sector Allocation

Sector	Value
Basic Materials	52.1%
Energy	24.77%
Utility	9.86%
Consumer Defensive	3.79%
Consumer Cyclical	2.79%
Financial Services	1.71%

Asset Allocation

Asset Class	Value
Cash	4.64%
Equity	95.03%
Debt	0.33%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tata Steel Ltd (Basic Materials) Equity, Since 30 Apr 11 \| TATASTEEL	9%	₹77 Cr	4,276,000 ↑ 500,000
Reliance Industries Ltd (Energy) Equity, Since 28 Feb 07 \| RELIANCE	8%	₹67 Cr	424,732
Indian Oil Corp Ltd (Energy) Equity, Since 29 Feb 24 \| IOC	5%	₹42 Cr	2,500,000
Vedanta Ltd (Basic Materials) Equity, Since 30 Apr 24 \| 500295	5%	₹41 Cr	675,000
UltraTech Cement Ltd (Basic Materials) Equity, Since 30 Jun 18 \| 532538	5%	₹40 Cr	34,000
JSW Steel Ltd (Basic Materials) Equity, Since 31 May 24 \| JSWSTEEL	4%	₹35 Cr	300,000 ↑ 100,000
CESC Ltd (Utilities) Equity, Since 30 Sep 24 \| CESC	4%	₹35 Cr	2,070,000
Steel Authority Of India Ltd (Basic Materials) Equity, Since 29 Feb 24 \| SAIL	4%	₹35 Cr	2,350,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 May 20 \| 500312	4%	₹34 Cr	1,400,000
Hindustan Petroleum Corp Ltd (Energy) Equity, Since 31 May 24 \| HINDPETRO	3%	₹30 Cr	600,000

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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.