7 Best Equity Mutual Funds by SBI MF 2026

Updated on October 28, 2026 , 90791 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	₹507.077 ↑ 2.79	₹5,870	-0.8	15.4	16	23.3	18	-3.5	0.95
SBI PSU Fund Growth	₹31.7117 ↓ -0.22	₹6,354	-6.9	-11.7	-5.8	18.1	19.5	11.3	-0.14
SBI Focused Equity Fund Growth	₹385.687 ↑ 2.40	₹50,180	-2.2	0.9	3.2	14.3	9.4	15.7	0.27
SBI Banking & Financial Services Fund Growth	₹41.1652 ↓ -0.27	₹10,420	-5.6	-3.7	-7.7	13.4	9.5	20.4	-0.31
SBI Magnum COMMA Fund Growth	₹107.787 ↓ -1.55	₹1,208	-6.6	-8.2	-1.6	12.9	8.5	12.3	0.25
SBI Magnum Tax Gain Fund Growth	₹405.657 ↓ -1.63	₹30,027	-7.3	-5	-9.5	12.5	12.4	6.6	-0.49
SBI Large and Midcap Fund Growth	₹602.379 ↑ 4.04	₹40,499	-8.2	-4.3	-6.2	11.1	10.6	10.1	-0.24
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Oct 26
Note: Ratio's shown as on 30 Sep 26

Research Highlights & Commentary of 7 Funds showcased

Commentary	SBI Healthcare Opportunities Fund	SBI PSU Fund	SBI Focused Equity Fund	SBI Banking & Financial Services Fund	SBI Magnum COMMA Fund	SBI Magnum Tax Gain Fund	SBI Large and Midcap Fund
Point 1	Bottom quartile AUM (₹5,870 Cr).	Lower mid AUM (₹6,354 Cr).	Highest AUM (₹50,180 Cr).	Lower mid AUM (₹10,420 Cr).	Bottom quartile AUM (₹1,208 Cr).	Upper mid AUM (₹30,027 Cr).	Upper mid AUM (₹40,499 Cr).
Point 2	Established history (21+ yrs).	Established history (16+ yrs).	Oldest track record among peers (22 yrs).	Established history (11+ yrs).	Established history (21+ yrs).	Established history (19+ yrs).	Established history (21+ yrs).
Point 3	Rating: 2★ (upper mid).	Rating: 2★ (lower mid).	Rating: 2★ (lower mid).	Not Rated.	Top rated.	Rating: 2★ (bottom quartile).	Rating: 4★ (upper mid).
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 17.98% (upper mid).	5Y return: 19.55% (top quartile).	5Y return: 9.36% (bottom quartile).	5Y return: 9.47% (lower mid).	5Y return: 8.55% (bottom quartile).	5Y return: 12.42% (upper mid).	5Y return: 10.64% (lower mid).
Point 6	3Y return: 23.33% (top quartile).	3Y return: 18.09% (upper mid).	3Y return: 14.34% (upper mid).	3Y return: 13.40% (lower mid).	3Y return: 12.86% (lower mid).	3Y return: 12.50% (bottom quartile).	3Y return: 11.12% (bottom quartile).
Point 7	1Y return: 15.96% (top quartile).	1Y return: -5.82% (lower mid).	1Y return: 3.17% (upper mid).	1Y return: -7.65% (bottom quartile).	1Y return: -1.63% (upper mid).	1Y return: -9.52% (bottom quartile).	1Y return: -6.15% (lower mid).
Point 8	Alpha: 3.63 (upper mid).	Alpha: -0.21 (lower mid).	Alpha: 12.04 (top quartile).	Alpha: 0.88 (lower mid).	Alpha: 3.71 (upper mid).	Alpha: -2.75 (bottom quartile).	Alpha: -0.47 (bottom quartile).
Point 9	Sharpe: 0.95 (top quartile).	Sharpe: -0.14 (lower mid).	Sharpe: 0.27 (upper mid).	Sharpe: -0.31 (bottom quartile).	Sharpe: 0.25 (upper mid).	Sharpe: -0.49 (bottom quartile).	Sharpe: -0.24 (lower mid).
Point 10	Information ratio: 0.10 (lower mid).	Information ratio: -0.42 (bottom quartile).	Information ratio: 0.69 (upper mid).	Information ratio: 0.81 (top quartile).	Information ratio: -0.01 (lower mid).	Information ratio: 0.57 (upper mid).	Information ratio: -0.04 (bottom quartile).

SBI Healthcare Opportunities Fund

Bottom quartile AUM (₹5,870 Cr).
Established history (21+ yrs).
Rating: 2★ (upper mid).
Risk profile: High.
5Y return: 17.98% (upper mid).
3Y return: 23.33% (top quartile).
1Y return: 15.96% (top quartile).
Alpha: 3.63 (upper mid).
Sharpe: 0.95 (top quartile).
Information ratio: 0.10 (lower mid).

SBI PSU Fund

Lower mid AUM (₹6,354 Cr).
Established history (16+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 19.55% (top quartile).
3Y return: 18.09% (upper mid).
1Y return: -5.82% (lower mid).
Alpha: -0.21 (lower mid).
Sharpe: -0.14 (lower mid).
Information ratio: -0.42 (bottom quartile).

SBI Focused Equity Fund

Highest AUM (₹50,180 Cr).
Oldest track record among peers (22 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 9.36% (bottom quartile).
3Y return: 14.34% (upper mid).
1Y return: 3.17% (upper mid).
Alpha: 12.04 (top quartile).
Sharpe: 0.27 (upper mid).
Information ratio: 0.69 (upper mid).

SBI Banking & Financial Services Fund

Lower mid AUM (₹10,420 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 9.47% (lower mid).
3Y return: 13.40% (lower mid).
1Y return: -7.65% (bottom quartile).
Alpha: 0.88 (lower mid).
Sharpe: -0.31 (bottom quartile).
Information ratio: 0.81 (top quartile).

SBI Magnum COMMA Fund

Bottom quartile AUM (₹1,208 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: High.
5Y return: 8.55% (bottom quartile).
3Y return: 12.86% (lower mid).
1Y return: -1.63% (upper mid).
Alpha: 3.71 (upper mid).
Sharpe: 0.25 (upper mid).
Information ratio: -0.01 (lower mid).

SBI Magnum Tax Gain Fund

Upper mid AUM (₹30,027 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 12.42% (upper mid).
3Y return: 12.50% (bottom quartile).
1Y return: -9.52% (bottom quartile).
Alpha: -2.75 (bottom quartile).
Sharpe: -0.49 (bottom quartile).
Information ratio: 0.57 (upper mid).

SBI Large and Midcap Fund

Upper mid AUM (₹40,499 Cr).
Established history (21+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 10.64% (lower mid).
3Y return: 11.12% (bottom quartile).
1Y return: -6.15% (lower mid).
Alpha: -0.47 (bottom quartile).
Sharpe: -0.24 (lower mid).
Information ratio: -0.04 (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

Bottom quartile AUM (₹5,870 Cr).
Established history (21+ yrs).
Rating: 2★ (upper mid).
Risk profile: High.
5Y return: 17.98% (upper mid).
3Y return: 23.33% (top quartile).
1Y return: 15.96% (top quartile).
Alpha: 3.63 (upper mid).
Sharpe: 0.95 (top quartile).
Information ratio: 0.10 (lower mid).
Higher exposure to Health Care vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding Sun Pharmaceuticals Industries Ltd (~11.1%).

Below is the key information for SBI Healthcare Opportunities Fund

SBI Healthcare Opportunities Fund Growth
Launch Date	31 Dec 04
NAV (30 Oct 26)	₹507.077 ↑ 2.79 (0.55 %)
Net Assets (Cr)	₹5,870 on 30 Sep 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.93
Sharpe Ratio	0.95
Information Ratio	0.1
Alpha Ratio	3.63
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
30 Sep 21	₹10,000
30 Sep 22	₹9,325
30 Sep 23	₹12,027
30 Sep 24	₹17,974
30 Sep 25	₹17,998
30 Sep 26	₹21,672

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 30 Oct 26

Duration	Returns
1 Month	0.2%
3 Month	-0.8%
6 Month	15.4%
1 Year	16%
3 Year	23.3%
5 Year	18%
10 Year
15 Year
Since launch	15.4%

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	15.35 Yr.

Data below for SBI Healthcare Opportunities Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Health Care	88.34%
Basic Materials	7.2%

Asset Allocation

Asset Class	Value
Cash	4.47%
Equity	95.53%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Sun Pharmaceuticals Industries Ltd (Healthcare) Equity, Since 31 Dec 17 \| SUNPHARMA	11%	₹654 Cr	3,600,000
Divi's Laboratories Ltd (Healthcare) Equity, Since 31 Mar 12 \| DIVISLAB	8%	₹465 Cr	500,000
Acutaas Chemicals Ltd (Basic Materials) Equity, Since 30 Jun 24 \| 543349	5%	₹295 Cr	900,000
Apollo Hospitals Enterprise Ltd (Healthcare) Equity, Since 31 Jan 26 \| APOLLOHOSP	4%	₹261 Cr	320,000
Torrent Pharmaceuticals Ltd (Healthcare) Equity, Since 30 Jun 21 \| TORNTPHARM	4%	₹259 Cr	540,000
Cipla Ltd (Healthcare) Equity, Since 31 May 26 \| 500087	4%	₹258 Cr	1,920,000
Laurus Labs Ltd (Healthcare) Equity, Since 31 Aug 23 \| 540222	4%	₹238 Cr	1,200,000
Max Healthcare Institute Ltd Ordinary Shares (Healthcare) Equity, Since 31 Mar 21 \| MAXHEALTH	4%	₹223 Cr	2,400,000
Aurobindo Pharma Ltd (Healthcare) Equity, Since 31 Mar 26 \| AUROPHARMA	3%	₹201 Cr	1,200,000 ↓ -118,192
Aster DM Quality Care Ltd Ordinary Shares (Healthcare) Equity, Since 31 Mar 24 \| ASTERDM	3%	₹188 Cr	2,700,000

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 (₹6,354 Cr).
Established history (16+ yrs).
Rating: 2★ (lower mid).
Risk profile: High.
5Y return: 19.55% (top quartile).
3Y return: 18.09% (upper mid).
1Y return: -5.82% (lower mid).
Alpha: -0.21 (lower mid).
Sharpe: -0.14 (lower mid).
Information ratio: -0.42 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
High-quality debt (AAA/AA ~100%).
Largest holding State Bank of India (~15.7%).

Below is the key information for SBI PSU Fund

SBI PSU Fund Growth
Launch Date	7 Jul 10
NAV (30 Oct 26)	₹31.7117 ↓ -0.22 (-0.69 %)
Net Assets (Cr)	₹6,354 on 30 Sep 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	High
Expense Ratio	1.86
Sharpe Ratio	-0.14
Information Ratio	-0.42
Alpha Ratio	-0.21
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
30 Sep 21	₹10,000
30 Sep 22	₹10,843
30 Sep 23	₹15,956
30 Sep 24	₹26,406
30 Sep 25	₹25,132
30 Sep 26	₹25,384

SBI PSU 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 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 30 Oct 26

Duration	Returns
1 Month	-2.8%
3 Month	-6.9%
6 Month	-11.7%
1 Year	-5.8%
3 Year	18.1%
5 Year	19.5%
10 Year
15 Year
Since launch	7.3%

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	2.33 Yr.

Data below for SBI PSU Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Financial Services	35.44%
Utility	27.31%
Industrials	20.68%
Energy	10.39%
Basic Materials	4.84%

Asset Allocation

Asset Class	Value
Cash	1.34%
Equity	98.66%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
State Bank of India (Financial Services) Equity, Since 31 Jul 10 \| SBIN	16%	₹995 Cr	10,367,500
NTPC Ltd (Utilities) Equity, Since 31 Jul 10 \| 532555	9%	₹547 Cr	16,943,244
Bharat Electronics Ltd (Industrials) Equity, Since 30 Jun 24 \| BEL	8%	₹500 Cr	12,885,000
Power Grid Corp Of India Ltd (Utilities) Equity, Since 31 Jul 10 \| 532898	7%	₹471 Cr	18,085,554
GAIL (India) Ltd (Utilities) Equity, Since 31 May 24 \| 532155	7%	₹436 Cr	25,590,000
Bank of Baroda (Financial Services) Equity, Since 31 Aug 24 \| 532134	5%	₹331 Cr	14,350,000
Bharat Petroleum Corp Ltd (Energy) Equity, Since 31 Aug 24 \| 500547	5%	₹294 Cr	9,700,000
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Jun 25 \| 500103	4%	₹270 Cr	6,500,000
Container Corporation of India Ltd (Industrials) Equity, Since 31 Jul 26 \| CONCOR	4%	₹233 Cr	5,200,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 May 20 \| 500312	4%	₹233 Cr	10,299,690 ↓ -4,355,310

3. 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 (₹50,180 Cr).
Oldest track record among peers (22 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 9.36% (bottom quartile).
3Y return: 14.34% (upper mid).
1Y return: 3.17% (upper mid).
Alpha: 12.04 (top quartile).
Sharpe: 0.27 (upper mid).
Information ratio: 0.69 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~92%).
High-quality debt (AAA/AA ~100%).
Largest holding Bajaj Finance Ltd (~9.0%).

Below is the key information for SBI Focused Equity Fund

SBI Focused Equity Fund Growth
Launch Date	11 Oct 04
NAV (29 Oct 26)	₹385.687 ↑ 2.40 (0.63 %)
Net Assets (Cr)	₹50,180 on 30 Sep 26
Category	Equity - Focused
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.55
Sharpe Ratio	0.27
Information Ratio	0.69
Alpha Ratio	12.04
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
30 Sep 21	₹10,000
30 Sep 22	₹9,700
30 Sep 23	₹11,032
30 Sep 24	₹14,469
30 Sep 25	₹14,858
30 Sep 26	₹16,271

SBI Focused Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 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 30 Oct 26

Duration	Returns
1 Month	0.4%
3 Month	-2.2%
6 Month	0.9%
1 Year	3.2%
3 Year	14.3%
5 Year	9.4%
10 Year
15 Year
Since launch	17.9%

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	17.43 Yr.

Data below for SBI Focused Equity Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Financial Services	35.55%
Communication Services	12.14%
Consumer Cyclical	11.46%
Utility	10.14%
Health Care	4.83%
Basic Materials	4.32%
Technology	3.3%
Consumer Defensive	3.23%
Energy	3.04%
Real Estate	2.33%
Industrials	1.35%

Asset Allocation

Asset Class	Value
Cash	7.52%
Equity	91.67%
Debt	0.81%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Oct 25 \| 500034	9%	₹4,509 Cr	47,000,000 ↑ 6,000,000
Alphabet Inc Class A (Communication Services) Equity, Since 30 Sep 18 \| GOOGL	7%	₹3,633 Cr	1,100,000
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 26 \| ICICIBANK	7%	₹3,569 Cr	27,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 30 Jun 24 \| KOTAKBANK	6%	₹2,919 Cr	70,000,000
State Bank of India (Financial Services) Equity, Since 30 Sep 21 \| SBIN	5%	₹2,591 Cr	27,000,000
Muthoot Finance Ltd (Financial Services) Equity, Since 29 Feb 20 \| 533398	5%	₹2,492 Cr	9,104,702 ↑ 915,433
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	5%	₹2,460 Cr	14,000,000
Adani Power Ltd (Utilities) Equity, Since 31 Oct 25 \| 533096	4%	₹2,244 Cr	110,000,000
Solar Industries India Ltd (Basic Materials) Equity, Since 31 Jul 16 \| SOLARINDS	4%	₹2,167 Cr	1,100,000
Adani Energy Solutions Ltd (Utilities) Equity, Since 31 Aug 25 \| ADANIENSOL	4%	₹1,972 Cr	15,000,000

4. 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

Lower mid AUM (₹10,420 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: High.
5Y return: 9.47% (lower mid).
3Y return: 13.40% (lower mid).
1Y return: -7.65% (bottom quartile).
Alpha: 0.88 (lower mid).
Sharpe: -0.31 (bottom quartile).
Information ratio: 0.81 (top quartile).
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 (~13.0%).
Top-3 holdings concentration ~36.0%.

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

SBI Banking & Financial Services Fund Growth
Launch Date	26 Feb 15
NAV (30 Oct 26)	₹41.1652 ↓ -0.27 (-0.64 %)
Net Assets (Cr)	₹10,420 on 30 Sep 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	Not Rated
Risk	High
Expense Ratio	1.77
Sharpe Ratio	-0.31
Information Ratio	0.81
Alpha Ratio	0.88
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
30 Sep 21	₹10,000
30 Sep 22	₹9,934
30 Sep 23	₹11,336
30 Sep 24	₹15,454
30 Sep 25	₹16,826
30 Sep 26	₹16,398

SBI Banking & Financial Services Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 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 30 Oct 26

Duration	Returns
1 Month	-0.5%
3 Month	-5.6%
6 Month	-3.7%
1 Year	-7.7%
3 Year	13.4%
5 Year	9.5%
10 Year
15 Year
Since launch	12.9%

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	7.17 Yr.

Data below for SBI Banking & Financial Services Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Financial Services	92.39%
Technology	3.95%

Asset Allocation

Asset Class	Value
Cash	3.66%
Equity	96.34%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| HDFCBANK	13%	₹1,358 Cr	19,166,796 ↓ -1,500,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 16 \| ICICIBANK	13%	₹1,331 Cr	10,069,214 ↑ 2,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 28 Feb 23 \| KOTAKBANK	10%	₹1,062 Cr	25,457,770
Bajaj Finance Ltd (Financial Services) Equity, Since 30 Sep 25 \| 500034	7%	₹713 Cr	7,434,732 ↓ -302,481
HDFC Life Insurance Co Ltd (Financial Services) Equity, Since 31 Mar 25 \| HDFCLIFE	5%	₹486 Cr	9,321,217 ↑ 1,086,053
One97 Communications Ltd (Technology) Equity, Since 31 Jul 26 \| PAYTM	3%	₹361 Cr	2,150,020
Bank of Baroda (Financial Services) Equity, Since 31 Mar 25 \| 532134	3%	₹308 Cr	13,378,955
Muthoot Finance Ltd (Financial Services) Equity, Since 31 Dec 22 \| 533398	3%	₹299 Cr	1,092,305 ↓ -400,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 26 \| 532215	3%	₹294 Cr	2,399,999 ↑ 2,399,999
Manappuram Finance Ltd (Financial Services) Equity, Since 31 May 26 \| 531213	2%	₹259 Cr	8,188,979 ↑ 4,098,000

5. 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 (₹1,208 Cr).
Established history (21+ yrs).
Top rated.
Risk profile: High.
5Y return: 8.55% (bottom quartile).
3Y return: 12.86% (lower mid).
1Y return: -1.63% (upper mid).
Alpha: 3.71 (upper mid).
Sharpe: 0.25 (upper mid).
Information ratio: -0.01 (lower mid).
Higher exposure to Basic Materials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~91%).
High-quality debt (AAA/AA ~100%).
Largest holding Sudeep Pharma Ltd (~6.9%).

Below is the key information for SBI Magnum COMMA Fund

SBI Magnum COMMA Fund Growth
Launch Date	8 Aug 05
NAV (30 Oct 26)	₹107.787 ↓ -1.55 (-1.41 %)
Net Assets (Cr)	₹1,208 on 30 Sep 26
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	High
Expense Ratio	2.43
Sharpe Ratio	0.25
Information Ratio	-0.01
Alpha Ratio	3.71
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
30 Sep 21	₹10,000
30 Sep 22	₹9,231
30 Sep 23	₹10,640
30 Sep 24	₹15,354
30 Sep 25	₹14,440
30 Sep 26	₹15,695

SBI Magnum COMMA Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357 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 30 Oct 26

Duration	Returns
1 Month	-5.3%
3 Month	-6.6%
6 Month	-8.2%
1 Year	-1.6%
3 Year	12.9%
5 Year	8.5%
10 Year
15 Year
Since launch	11.9%

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	2.33 Yr.

Data below for SBI Magnum COMMA Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Basic Materials	46.73%
Energy	14.65%
Utility	10.13%
Consumer Cyclical	8.09%
Health Care	6.86%
Consumer Defensive	3.06%
Financial Services	1.46%

Asset Allocation

Asset Class	Value
Cash	9.03%
Equity	90.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Sudeep Pharma Ltd (Healthcare) Equity, Since 31 Jul 26 \| SUDEEPPHRM	7%	₹83 Cr	686,955 ↓ -545
Tata Steel Ltd (Basic Materials) Equity, Since 30 Apr 11 \| TATASTEEL	7%	₹79 Cr	4,276,000
JSW Steel Ltd (Basic Materials) Equity, Since 31 May 24 \| JSWSTEEL	5%	₹63 Cr	500,000
Oil & Natural Gas Corp Ltd (Energy) Equity, Since 31 May 20 \| 500312	4%	₹51 Cr	2,266,750
CESC Ltd (Utilities) Equity, Since 30 Sep 24 \| CESC	4%	₹42 Cr	3,170,000
Arvind Ltd (Consumer Cyclical) Equity, Since 30 Apr 24 \| 500101	3%	₹41 Cr	760,000
Gokaldas Exports Ltd (Consumer Cyclical) Equity, Since 30 Apr 26 \| GOKEX	3%	₹40 Cr	583,507
UltraTech Cement Ltd (Basic Materials) Equity, Since 30 Jun 18 \| 532538	3%	₹37 Cr	34,000
Vedanta Aluminium Metal Ltd (Basic Materials) Equity, Since 30 Apr 26 \| VAML	3%	₹36 Cr	865,000 ↑ 300,000
Oil India Ltd (Energy) Equity, Since 29 Feb 24 \| OIL	3%	₹35 Cr	785,000

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 (₹30,027 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 12.42% (upper mid).
3Y return: 12.50% (bottom quartile).
1Y return: -9.52% (bottom quartile).
Alpha: -2.75 (bottom quartile).
Sharpe: -0.49 (bottom quartile).
Information ratio: 0.57 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding Kotak Mahindra Bank Ltd (~6.8%).

Below is the key information for SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund Growth
Launch Date	7 May 07
NAV (30 Oct 26)	₹405.657 ↓ -1.63 (-0.40 %)
Net Assets (Cr)	₹30,027 on 30 Sep 26
Category	Equity - ELSS
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.49
Information Ratio	0.57
Alpha Ratio	-2.75
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,163
30 Sep 23	₹13,387
30 Sep 24	₹20,678
30 Sep 25	₹19,447
30 Sep 26	₹18,521

SBI Magnum Tax Gain Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 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 30 Oct 26

Duration	Returns
1 Month	-0.6%
3 Month	-7.3%
6 Month	-5%
1 Year	-9.5%
3 Year	12.5%
5 Year	12.4%
10 Year
15 Year
Since launch	11.7%

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	0.75 Yr.

Data below for SBI Magnum Tax Gain Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Financial Services	36.39%
Consumer Cyclical	11.03%
Industrials	10.25%
Energy	8.54%
Health Care	7.07%
Basic Materials	6.53%
Technology	4.99%
Utility	4.74%
Communication Services	2.68%
Consumer Defensive	2.22%
Real Estate	1.08%

Asset Allocation

Asset Class	Value
Cash	4.45%
Equity	95.5%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Dec 23 \| KOTAKBANK	7%	₹2,030 Cr	48,686,609 ↓ -2,000,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jan 17 \| ICICIBANK	6%	₹1,935 Cr	14,643,728 ↓ -2,358,285
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 07 \| HDFCBANK	6%	₹1,778 Cr	25,086,506 ↓ -3,000,000
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 06 \| RELIANCE	5%	₹1,398 Cr	11,775,148 ↑ 2,000,000
Adani Enterprises Ltd (Energy) Equity, Since 30 Jun 26 \| 512599	3%	₹879 Cr	3,028,800 ↓ -405,505
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 26 \| LT	3%	₹853 Cr	2,268,231
Bajaj Finance Ltd (Financial Services) Equity, Since 28 Feb 26 \| 500034	3%	₹796 Cr	8,296,292 ↓ -342,440
Torrent Power Ltd (Utilities) Equity, Since 31 Jul 19 \| 532779	2%	₹699 Cr	5,610,813
Cipla Ltd (Healthcare) Equity, Since 31 Jul 18 \| 500087	2%	₹640 Cr	4,756,637
Tech Mahindra Ltd (Technology) Equity, Since 31 Jan 17 \| 532755	2%	₹576 Cr	3,780,741

7. SBI Large and Midcap Fund

(Erstwhile SBI Magnum Multiplier Fund)

To provide investors long term capital appreciation/dividend along with the liquidity of an open-ended scheme.

Research Highlights for SBI Large and Midcap Fund

Upper mid AUM (₹40,499 Cr).
Established history (21+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 10.64% (lower mid).
3Y return: 11.12% (bottom quartile).
1Y return: -6.15% (lower mid).
Alpha: -0.47 (bottom quartile).
Sharpe: -0.24 (lower mid).
Information ratio: -0.04 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~6.6%).

Below is the key information for SBI Large and Midcap Fund

SBI Large and Midcap Fund Growth
Launch Date	25 May 05
NAV (29 Oct 26)	₹602.379 ↑ 4.04 (0.68 %)
Net Assets (Cr)	₹40,499 on 30 Sep 26
Category	Equity - Large & Mid Cap
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.24
Information Ratio	-0.04
Alpha Ratio	-0.47
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
30 Sep 21	₹10,000
30 Sep 22	₹10,921
30 Sep 23	₹12,802
30 Sep 24	₹17,625
30 Sep 25	₹17,320
30 Sep 26	₹17,337

SBI Large and Midcap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 Invest Now

Returns for SBI Large and Midcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Oct 26

Duration	Returns
1 Month	-2.4%
3 Month	-8.2%
6 Month	-4.3%
1 Year	-6.2%
3 Year	11.1%
5 Year	10.6%
10 Year
15 Year
Since launch	16.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	10.1%
2024	18%
2023	26.8%
2022	7.3%
2021	39.3%
2020	15.8%
2019	6.8%
2018	-5.3%
2017	40.5%
2016	0.4%

Fund Manager information for SBI Large and Midcap Fund

Name	Since	Tenure
Saurabh Pant	10 Sep 16	10.06 Yr.

Data below for SBI Large and Midcap Fund as on 30 Sep 26

Equity Sector Allocation

Sector	Value
Financial Services	21.43%
Consumer Cyclical	19.5%
Health Care	13.57%
Basic Materials	11.28%
Industrials	9.39%
Consumer Defensive	6.91%
Technology	6.13%
Utility	4.48%
Energy	2.92%
Communication Services	1.3%

Asset Allocation

Asset Class	Value
Cash	2.76%
Equity	97.24%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 11 \| HDFCBANK	7%	₹2,693 Cr	38,000,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jan 17 \| ICICIBANK	4%	₹1,533 Cr	11,600,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 25 \| 532215	3%	₹1,349 Cr	11,000,000
Balkrishna Industries Ltd (Consumer Cyclical) Equity, Since 30 Nov 24 \| BALKRISIND	2%	₹995 Cr	4,700,000
Adani Enterprises Ltd (Energy) Equity, Since 31 May 26 \| 512599	2%	₹995 Cr	3,426,861
Swiggy Ltd (Consumer Cyclical) Equity, Since 30 Jun 26 \| SWIGGY	2%	₹950 Cr	38,000,000 ↑ 7,200,000
Gland Pharma Ltd (Healthcare) Equity, Since 31 May 23 \| GLAND	2%	₹924 Cr	3,186,587
Asian Paints Ltd (Basic Materials) Equity, Since 30 Jun 25 \| 500820	2%	₹924 Cr	3,844,000
Berger Paints India Ltd (Basic Materials) Equity, Since 30 Jun 24 \| 509480	2%	₹911 Cr	20,000,000
Tata Motors Ltd (Consumer Cyclical) Equity, Since 30 Nov 25 \| TMCV	2%	₹899 Cr	21,332,552

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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.