+91-22-4891390910 Best SBI Mutual Fund Schemes for 2026
SBI Mutual Fund is one of India’s most trusted and largest Asset Management Companies (AMC). With a history of 30+ years and a wide investor base of over 5 million, SBI MF has built a reputation for offering diverse schemes across equity, debt, and hybrid categories.
As per the latest AMFI data, SBI MF manages an AUM (Assets Under Management) of over ₹8 lakh crore, making it a dominant player among 45+ Mutual Fund Houses in India.
If you’re planning your Financial goals, SBI offers funds for every type of investor — from beginners seeking safety to aggressive investors chasing high returns. In this article, we list the 10 best SBI Mutual Fund schemes in [current year], carefully shortlisted based on performance, AUM, consistency, and investor suitability.
Why Invest in SBI Mutual Fund?
Trust & Legacy: Backed by State Bank of India, a household name in India.
Diverse Options: Schemes across large cap, mid-cap, small cap, hybrid, debt, and tax-saving categories.
Strong Ratings: Several SBI funds hold high CRISIL and Morningstar ratings.
Tax Benefits: Through SBI Magnum TaxGain (ELSS), investors can save under Section 80C.
Global & Domestic Expertise: Funds are managed with both Indian and international exposure.
NRI Investment: SBI MF allows NRIs to invest in its schemes.
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Fund Selection Methodology used to find 10 funds
Best SBI Mutual Fund Schemes
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) SBI Gold Fund Growth ₹42.7146
↓ -1.50 ₹15,691 5,000 500 -8.4 14.1 50.2 33.2 23.2 71.5 SBI Dynamic Asset Allocation Fund Growth ₹15.9463
↑ 0.03 ₹655 5,000 500 3.9 6.2 25.1 6.9 8.3 SBI Healthcare Opportunities Fund Growth ₹469.706
↑ 4.29 ₹4,323 5,000 500 10.6 11 10.7 25 15.8 -3.5 SBI Multi Asset Allocation Fund Growth ₹65.2913
↓ -0.57 ₹17,666 5,000 500 -0.9 1.7 10.6 16.2 12.9 18.6 SBI Magnum COMMA Fund Growth ₹113.274
↓ -1.08 ₹1,081 5,000 500 2.6 8.7 9.1 19 11.6 12.3 SBI Focused Equity Fund Growth ₹378.737
↑ 3.22 ₹46,042 5,000 500 5.5 0.6 7.6 16.4 12.9 15.7 SBI Credit Risk Fund Growth ₹48.556
↑ 0.02 ₹2,134 5,000 500 2 3.4 6.5 7.6 6.9 7.9 SBI Liquid Fund Growth ₹4,317.86
↑ 0.82 ₹74,571 50,000 500 1.7 3.2 6.1 6.8 6 6.4 SBI Arbitrage Opportunities Fund Growth ₹35.7126
↑ 0.07 ₹42,847 5,000 500 1.6 3 6 6.9 6.2 6.5 SBI Magnum Ultra Short Duration Fund Growth ₹6,316.2
↑ 1.25 ₹12,553 5,000 500 1.5 2.9 5.9 6.9 6.1 7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 10 Jun 26 Research Highlights & Commentary of 10 Funds showcased
Commentary SBI Gold Fund SBI Dynamic Asset Allocation Fund SBI Healthcare Opportunities Fund SBI Multi Asset Allocation Fund SBI Magnum COMMA Fund SBI Focused Equity Fund SBI Credit Risk Fund SBI Liquid Fund SBI Arbitrage Opportunities Fund SBI Magnum Ultra Short Duration Fund Point 1 Upper mid AUM (₹15,691 Cr). Bottom quartile AUM (₹655 Cr). Lower mid AUM (₹4,323 Cr). Upper mid AUM (₹17,666 Cr). Bottom quartile AUM (₹1,081 Cr). Top quartile AUM (₹46,042 Cr). Bottom quartile AUM (₹2,134 Cr). Highest AUM (₹74,571 Cr). Upper mid AUM (₹42,847 Cr). Lower mid AUM (₹12,553 Cr). Point 2 Established history (14+ yrs). Established history (11+ yrs). Established history (21+ yrs). Established history (20+ yrs). Established history (20+ yrs). Established history (21+ yrs). Established history (21+ yrs). Established history (19+ yrs). Established history (19+ yrs). Oldest track record among peers (27 yrs). Point 3 Rating: 2★ (lower mid). Not Rated. Rating: 2★ (lower mid). Top rated. Rating: 4★ (top quartile). Rating: 2★ (bottom quartile). Rating: 4★ (upper mid). Rating: 3★ (upper mid). Rating: 2★ (bottom quartile). Rating: 3★ (upper mid). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderate. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderate. Risk profile: Low. Risk profile: Moderately Low. Risk profile: Low. Point 5 5Y return: 23.23% (top quartile). 5Y return: 8.31% (lower mid). 5Y return: 15.78% (top quartile). 5Y return: 12.85% (upper mid). 5Y return: 11.57% (upper mid). 5Y return: 12.90% (upper mid). 1Y return: 6.47% (lower mid). 1Y return: 6.09% (bottom quartile). 5Y return: 6.20% (bottom quartile). 1Y return: 5.91% (bottom quartile). Point 6 3Y return: 33.20% (top quartile). 3Y return: 6.92% (bottom quartile). 3Y return: 24.99% (top quartile). 3Y return: 16.24% (upper mid). 3Y return: 18.96% (upper mid). 3Y return: 16.43% (upper mid). 1M return: 0.90% (upper mid). 1M return: 0.55% (upper mid). 3Y return: 6.93% (lower mid). 1M return: 0.52% (lower mid). Point 7 1Y return: 50.21% (top quartile). 1Y return: 25.12% (top quartile). 1Y return: 10.65% (upper mid). 1Y return: 10.55% (upper mid). 1Y return: 9.14% (upper mid). 1Y return: 7.63% (lower mid). Sharpe: 0.60 (bottom quartile). Sharpe: 1.92 (top quartile). 1Y return: 5.96% (bottom quartile). Sharpe: 1.67 (upper mid). Point 8 1M return: -2.52% (bottom quartile). 1M return: 1.04% (top quartile). Alpha: -1.64 (bottom quartile). 1M return: -2.03% (lower mid). Alpha: 1.36 (top quartile). Alpha: 11.44 (top quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (lower mid). 1M return: 0.53% (upper mid). Information ratio: 0.00 (bottom quartile). Point 9 Alpha: 0.00 (upper mid). Alpha: 0.00 (upper mid). Sharpe: -0.03 (bottom quartile). Alpha: 0.00 (upper mid). Sharpe: 0.91 (lower mid). Sharpe: 0.56 (bottom quartile). Yield to maturity (debt): 8.72% (top quartile). Yield to maturity (debt): 7.58% (upper mid). Alpha: 0.00 (bottom quartile). Yield to maturity (debt): 7.51% (upper mid). Point 10 Sharpe: 1.76 (upper mid). Sharpe: 2.59 (top quartile). Information ratio: -0.12 (bottom quartile). Sharpe: 0.97 (upper mid). Information ratio: -0.08 (bottom quartile). Information ratio: 0.59 (top quartile). Modified duration: 1.65 yrs (bottom quartile). Modified duration: 0.17 yrs (lower mid). Sharpe: 0.87 (lower mid). Modified duration: 0.46 yrs (lower mid). SBI Gold Fund
SBI Dynamic Asset Allocation Fund
SBI Healthcare Opportunities Fund
SBI Multi Asset Allocation Fund
SBI Magnum COMMA Fund
SBI Focused Equity Fund
SBI Credit Risk Fund
SBI Liquid Fund
SBI Arbitrage Opportunities Fund
SBI Magnum Ultra Short Duration Fund
*List if based on funds having The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS). Research Highlights for SBI Gold Fund Below is the key information for SBI Gold Fund Returns up to 1 year are on The objective of the fund will be to provide investors with an opportunity to invest in a portfolio of a mix of equity and equity related securities and fixed income instruments. The allocation between fixed income and equity instruments will be managed dynamically so as to provide investors with long term capital appreciation However, there can be no assurance that the investment objective of the Scheme will be achieved. Research Highlights for SBI Dynamic Asset Allocation Fund Below is the key information for SBI Dynamic Asset Allocation Fund Returns up to 1 year are on (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 Below is the key information for SBI Healthcare Opportunities Fund Returns up to 1 year are on (Erstwhile SBI Magnum Monthly Income Plan Floater) To provide regular income, liquidity and attractive returns to investors in addition
to mitigating the impact of interest rate risk through an actively managed
portfolio of floating rate and fixed rate debt instruments, equity, money market
instruments and derivatives. Research Highlights for SBI Multi Asset Allocation Fund Below is the key information for SBI Multi Asset Allocation Fund Returns up to 1 year are on 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 Below is the key information for SBI Magnum COMMA Fund Returns up to 1 year are on (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 Below is the key information for SBI Focused Equity Fund Returns up to 1 year are on (Erstwhile SBI Corporate Bond Fund) The investment objective will be to actively manage a portfolio of good
quality corporate debt as well as Money Market Instruments so as to provide
reasonable returns and liquidity to the Unit holders. However there is no
guarantee or assurance that the investment objective of the scheme will
be achieved. Research Highlights for SBI Credit Risk Fund Below is the key information for SBI Credit Risk Fund Returns up to 1 year are on (Erstwhile SBI - Premier Liquid Fund) To provide attractive returns to the Magnum/Unit holders either through
periodic dividends or through capital appreciation through an actively
managed portfolio of debt and money market instruments. Income may be
generated through the receipt of coupon payments, the amortization of the
discount on the debt instruments, receipt of dividends or purchase and sale of
securities in the underlying portfolio. Research Highlights for SBI Liquid Fund Below is the key information for SBI Liquid Fund Returns up to 1 year are on To provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments. Research Highlights for SBI Arbitrage Opportunities Fund Below is the key information for SBI Arbitrage Opportunities Fund Returns up to 1 year are on (Erstwhile SBI Magnum InstaCash Fund) To provide the investors an opportunity to earn returns through investment in
debt & money market securities, while having the benefit of a very high degree of liquidity. Research Highlights for SBI Magnum Ultra Short Duration Fund Below is the key information for SBI Magnum Ultra Short Duration Fund Returns up to 1 year are on Assets > 100 Crore and sorted on last 1 Year Returns.
1. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (10 Jun 26) ₹42.7146 ↓ -1.50 (-3.40 %) Net Assets (Cr) ₹15,691 on 30 Apr 26 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 1.76 Information Ratio 0 Alpha Ratio 0 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 May 21 ₹10,000 31 May 22 ₹10,301 31 May 23 ₹12,026 31 May 24 ₹14,335 31 May 25 ₹18,578 31 May 26 ₹30,007 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month -2.5% 3 Month -8.4% 6 Month 14.1% 1 Year 50.2% 3 Year 33.2% 5 Year 23.2% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.5% 2023 19.6% 2022 14.1% 2021 12.6% 2020 -5.7% 2019 27.4% 2018 22.8% 2017 6.4% 2016 3.5% 2015 10% Fund Manager information for SBI Gold Fund
Name Since Tenure Viral Chhadva 1 Mar 26 0.25 Yr. Data below for SBI Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.59% Other 98.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹15,710 Cr 1,232,736,194
↑ 33,250,000 Net Receivable / Payable
Net Current Assets | -0% -₹52 Cr Treps
CBLO/Reverse Repo | -0% ₹33 Cr 2. SBI Dynamic Asset Allocation Fund
SBI Dynamic Asset Allocation Fund
Growth Launch Date 26 Mar 15 NAV (02 Jul 21) ₹15.9463 ↑ 0.03 (0.18 %) Net Assets (Cr) ₹655 on 31 May 21 Category Hybrid - Dynamic Allocation AMC SBI Funds Management Private Limited Rating Risk Moderately High Expense Ratio 2.07 Sharpe Ratio 2.59 Information Ratio 0 Alpha Ratio 0 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 May 21 ₹10,000 Returns for SBI Dynamic Asset Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 1% 3 Month 3.9% 6 Month 6.2% 1 Year 25.1% 3 Year 6.9% 5 Year 8.3% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for SBI Dynamic Asset Allocation Fund
Name Since Tenure Data below for SBI Dynamic Asset Allocation Fund as on 31 May 21
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. SBI Healthcare Opportunities Fund
SBI Healthcare Opportunities Fund
Growth Launch Date 31 Dec 04 NAV (09 Jun 26) ₹469.706 ↑ 4.29 (0.92 %) Net Assets (Cr) ₹4,323 on 30 Apr 26 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆ Risk High Expense Ratio 1.97 Sharpe Ratio -0.03 Information Ratio -0.12 Alpha Ratio -1.64 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 May 21 ₹10,000 31 May 22 ₹9,195 31 May 23 ₹10,589 31 May 24 ₹15,169 31 May 25 ₹18,703 31 May 26 ₹20,547 Returns for SBI Healthcare Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 2.7% 3 Month 10.6% 6 Month 11% 1 Year 10.7% 3 Year 25% 5 Year 15.8% 10 Year 15 Year Since launch 15.3% 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 15.01 Yr. Data below for SBI Healthcare Opportunities Fund as on 30 Apr 26
Equity Sector Allocation
Sector Value Health Care 88.63% Basic Materials 8.75% Asset Allocation
Asset Class Value Cash 2.56% Equity 97.38% Debt 0.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 17 | SUNPHARMA12% ₹506 Cr 2,800,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 12 | DIVISLAB7% ₹293 Cr 450,000 Acutaas Chemicals Ltd (Basic Materials)
Equity, Since 30 Jun 24 | 5433495% ₹233 Cr 900,000 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Jan 26 | APOLLOHOSP5% ₹229 Cr 300,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Mar 21 | MAXHEALTH5% ₹223 Cr 2,250,000
↑ 150,000 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Mar 24 | ASTERDM4% ₹168 Cr 2,400,000 Lupin Ltd (Healthcare)
Equity, Since 31 Aug 23 | 5002574% ₹166 Cr 720,000 Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 21 | TORNTPHARM3% ₹151 Cr 360,000 Anthem Biosciences Ltd (Healthcare)
Equity, Since 31 Jul 25 | ANTHEM3% ₹149 Cr 1,962,504
↑ 508 Aether Industries Ltd (Basic Materials)
Equity, Since 31 May 22 | AETHER3% ₹145 Cr 1,235,202
↓ -84,798 4. SBI Multi Asset Allocation Fund
SBI Multi Asset Allocation Fund
Growth Launch Date 21 Dec 05 NAV (10 Jun 26) ₹65.2913 ↓ -0.57 (-0.86 %) Net Assets (Cr) ₹17,666 on 30 Apr 26 Category Hybrid - Multi Asset AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.46 Sharpe Ratio 0.97 Information Ratio 0 Alpha Ratio 0 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 May 21 ₹10,000 31 May 22 ₹10,488 31 May 23 ₹11,773 31 May 24 ₹15,039 31 May 25 ₹16,585 31 May 26 ₹18,948 Returns for SBI Multi Asset Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month -2% 3 Month -0.9% 6 Month 1.7% 1 Year 10.6% 3 Year 16.2% 5 Year 12.9% 10 Year 15 Year Since launch 9.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 18.6% 2023 12.8% 2022 24.4% 2021 6% 2020 13% 2019 14.2% 2018 10.6% 2017 0.4% 2016 10.9% 2015 8.7% Fund Manager information for SBI Multi Asset Allocation Fund
Name Since Tenure Dinesh Balachandran 31 Oct 21 4.59 Yr. Mansi Sajeja 1 Dec 23 2.5 Yr. Vandna Soni 1 Jan 24 2.42 Yr. Data below for SBI Multi Asset Allocation Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 12.58% Equity 48.09% Debt 28.64% Other 10.69% Equity Sector Allocation
Sector Value Financial Services 12.03% Consumer Cyclical 5.76% Energy 4.64% Real Estate 4.56% Utility 4.4% Basic Materials 4.11% Health Care 3.82% Industrials 2.64% Communication Services 2.17% Consumer Defensive 2.02% Technology 1.95% Debt Sector Allocation
Sector Value Corporate 23.36% Cash Equivalent 11.67% Government 6.19% Credit Quality
Rating Value A 3.2% AA 51.85% AAA 44.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -6% ₹1,141 Cr 85,591,000 SBI Silver ETF
- | -5% ₹823 Cr 32,296,178 Brookfield India Real Estate Trust (Real Estate)
-, Since 30 Apr 25 | 5432613% ₹487 Cr 15,164,234 Bandhan Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | 5411532% ₹399 Cr 20,500,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 Mar 21 | 5321552% ₹379 Cr 23,350,297 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 26 | 5348162% ₹353 Cr 8,200,000
↑ 2,000,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 15 Apr 24 | 5003122% ₹344 Cr 11,500,000 Biocon Ltd (Healthcare)
Equity, Since 30 Nov 24 | 5325232% ₹341 Cr 7,920,476 Adani Power Limited
Debentures | -2% ₹297 Cr 30,000 Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 15 Oct 25 | M&MFIN2% ₹296 Cr 9,232,926 5. SBI Magnum COMMA Fund
SBI Magnum COMMA Fund
Growth Launch Date 8 Aug 05 NAV (10 Jun 26) ₹113.274 ↓ -1.08 (-0.95 %) Net Assets (Cr) ₹1,081 on 30 Apr 26 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.58 Sharpe Ratio 0.91 Information Ratio -0.08 Alpha Ratio 1.36 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 May 21 ₹10,000 31 May 22 ₹10,225 31 May 23 ₹10,197 31 May 24 ₹15,008 31 May 25 ₹15,783 31 May 26 ₹18,106 Returns for SBI Magnum COMMA Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month -4.1% 3 Month 2.6% 6 Month 8.7% 1 Year 9.1% 3 Year 19% 5 Year 11.6% 10 Year 15 Year Since launch 12.4% 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 2 Yr. Data below for SBI Magnum COMMA Fund as on 30 Apr 26
Equity Sector Allocation
Sector Value Basic Materials 45.65% Energy 21.59% Utility 15.12% Consumer Cyclical 4.75% Consumer Defensive 3.59% Financial Services 1.91% Asset Allocation
Asset Class Value Cash 5.71% Equity 94.03% Debt 0.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tata Steel Ltd (Basic Materials)
Equity, Since 30 Apr 11 | TATASTEEL8% ₹90 Cr 4,276,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 May 20 | 5003126% ₹68 Cr 2,266,750
↓ -263,250 CESC Ltd (Utilities)
Equity, Since 30 Sep 24 | CESC5% ₹59 Cr 3,170,000 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE5% ₹52 Cr 362,732 Steel Authority Of India Ltd (Basic Materials)
Equity, Since 29 Feb 24 | SAIL4% ₹43 Cr 2,350,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Jun 18 | 5325384% ₹39 Cr 34,000 Oil India Ltd (Energy)
Equity, Since 29 Feb 24 | OIL4% ₹39 Cr 785,000 JSW Steel Ltd (Basic Materials)
Equity, Since 31 May 24 | JSWSTEEL4% ₹38 Cr 300,000 NMDC Ltd (Basic Materials)
Equity, Since 30 Sep 24 | 5263713% ₹37 Cr 4,127,919 Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Apr 25 | HINDALCO3% ₹32 Cr 310,000 6. SBI Focused Equity Fund
SBI Focused Equity Fund
Growth Launch Date 11 Oct 04 NAV (09 Jun 26) ₹378.737 ↑ 3.22 (0.86 %) Net Assets (Cr) ₹46,042 on 30 Apr 26 Category Equity - Focused AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.58 Sharpe Ratio 0.56 Information Ratio 0.59 Alpha Ratio 11.44 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 May 21 ₹10,000 31 May 22 ₹10,676 31 May 23 ₹11,860 31 May 24 ₹15,266 31 May 25 ₹17,000 31 May 26 ₹19,111 Returns for SBI Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month -2.3% 3 Month 5.5% 6 Month 0.6% 1 Year 7.6% 3 Year 16.4% 5 Year 12.9% 10 Year 15 Year Since launch 18.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 15.7% 2023 17.2% 2022 22.2% 2021 -8.5% 2020 43% 2019 14.5% 2018 16.1% 2017 -3.8% 2016 44.7% 2015 2.2% Fund Manager information for SBI Focused Equity Fund
Name Since Tenure R. Srinivasan 1 May 09 17.1 Yr. Data below for SBI Focused Equity Fund as on 30 Apr 26
Equity Sector Allocation
Sector Value Financial Services 32.71% Communication Services 16.02% Utility 13.01% Consumer Cyclical 11.14% Health Care 4.2% Consumer Defensive 3.91% Technology 3.74% Basic Materials 3.72% Industrials 2.04% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 7.93% Equity 91.17% Debt 0.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity Alphabet Inc Class A (Communication Services)
Equity, Since 30 Sep 18 | GOOGL11% ₹5,131 Cr 1,400,000 State Bank of India (Financial Services)
Equity, Since 30 Sep 21 | SBIN7% ₹3,205 Cr 30,000,000
↑ 2,100,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 26 | ICICIBANK7% ₹3,032 Cr 24,000,000
↑ 24,000,000 Adani Power Ltd (Utilities)
Equity, Since 31 Oct 25 | 5330966% ₹2,736 Cr 123,342,183
↑ 3,525,794 Muthoot Finance Ltd (Financial Services)
Equity, Since 29 Feb 20 | 5333985% ₹2,397 Cr 7,000,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 25 | 5000345% ₹2,383 Cr 25,436,048
↑ 1,436,048 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | KOTAKBANK5% ₹2,296 Cr 59,900,000
↑ 14,900,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 26 | BHARTIARTL5% ₹2,245 Cr 11,900,000
↓ -1,100,000 Adani Energy Solutions Ltd (Utilities)
Equity, Since 31 Aug 25 | ADANIENSOL4% ₹2,036 Cr 15,171,443 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Mar 25 | 5329784% ₹1,747 Cr 10,000,000 7. SBI Credit Risk Fund
SBI Credit Risk Fund
Growth Launch Date 19 Jul 04 NAV (10 Jun 26) ₹48.556 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹2,134 on 30 Apr 26 Category Debt - Credit Risk AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.55 Sharpe Ratio 0.6 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (3%),12-24 Months (1.5%),24-36 Months (0.75%),36 Months and above(NIL) Yield to Maturity 8.72% Effective Maturity 2 Years 7 Days Modified Duration 1 Year 7 Months 24 Days Growth of 10,000 investment over the years.
Date Value 31 May 21 ₹10,000 31 May 22 ₹10,376 31 May 23 ₹11,220 31 May 24 ₹12,028 31 May 25 ₹13,086 31 May 26 ₹13,870 Returns for SBI Credit Risk Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 0.9% 3 Month 2% 6 Month 3.4% 1 Year 6.5% 3 Year 7.6% 5 Year 6.9% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.9% 2023 8.1% 2022 8.3% 2021 4.2% 2020 5% 2019 9.8% 2018 6.5% 2017 6.2% 2016 6.9% 2015 10.5% Fund Manager information for SBI Credit Risk Fund
Name Since Tenure Lokesh Mallya 1 Feb 17 9.33 Yr. Data below for SBI Credit Risk Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 7.68% Equity 4.95% Debt 86.98% Other 0.39% Debt Sector Allocation
Sector Value Corporate 62.72% Government 21.24% Cash Equivalent 7.68% Securitized 3.02% Credit Quality
Rating Value A 14.1% AA 58.22% AAA 27.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infopark Properties Limited
Debentures | -5% ₹105 Cr 10,500 Renew Solar Energy (Jharkhand Five) Private Limited
Debentures | -5% ₹101 Cr 11,000 Nj Capital Private Limited
Debentures | -5% ₹99 Cr 10,000 H.G. Infra Engineering Limited
Debentures | -5% ₹99 Cr 10,000 Jtpm Metal TRaders Limited
Debentures | -4% ₹94 Cr 9,000 6.68% Govt Stock 2040
Sovereign Bonds | -4% ₹94 Cr 10,000,000
↑ 10,000,000 Avanse Financial Services Limited
Debentures | -4% ₹80 Cr 8,000 Renserv Global Private Limited
Debentures | -4% ₹80 Cr 8,000 Aditya Birla Renewables Limited
Debentures | -4% ₹75 Cr 7,500 Motilal Oswal Home Finance Limited
Debentures | -3% ₹75 Cr 7,500 8. SBI Liquid Fund
SBI Liquid Fund
Growth Launch Date 22 Mar 07 NAV (10 Jun 26) ₹4,317.86 ↑ 0.82 (0.02 %) Net Assets (Cr) ₹74,571 on 30 Apr 26 Category Debt - Liquid Fund AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.3 Sharpe Ratio 1.92 Information Ratio 0 Alpha Ratio 0 Min Investment 50,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.58% Effective Maturity 2 Months 5 Days Modified Duration 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 31 May 21 ₹10,000 31 May 22 ₹10,343 31 May 23 ₹10,983 31 May 24 ₹11,773 31 May 25 ₹12,614 31 May 26 ₹13,382 Returns for SBI Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 0.5% 3 Month 1.7% 6 Month 3.2% 1 Year 6.1% 3 Year 6.8% 5 Year 6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 7.3% 2022 6.9% 2021 4.8% 2020 3.3% 2019 4.2% 2018 6.5% 2017 7.3% 2016 6.6% 2015 7.6% Fund Manager information for SBI Liquid Fund
Name Since Tenure Rajeev Radhakrishnan 1 Dec 23 2.5 Yr. Data below for SBI Liquid Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 98.74% Debt 1.02% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 70.67% Corporate 20.16% Government 8.94% Credit Quality
Rating Value AA 1.11% AAA 98.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -8% ₹6,636 Cr National Bank for Agriculture and Rural Development
Commercial Paper | -4% ₹3,242 Cr 65,000 Punjab National Bank
Certificate of Deposit | -4% ₹3,144 Cr 63,000 Day Tbill
Sovereign Bonds | -3% ₹2,583 Cr 260,000,000 Union Bank Of India
Certificate of Deposit | -3% ₹2,485 Cr 50,000
↑ 50,000 Bank Of Baroda
Certificate of Deposit | -3% ₹2,485 Cr 50,000
↑ 50,000 Tbill
Sovereign Bonds | -3% ₹2,406 Cr 241,943,500 India (Republic of)
- | -3% ₹2,288 Cr 229,136,100 India (Republic of)
- | -3% ₹1,999 Cr 200,000,000 IDBI Bank Limited (Industrial Development Bank Of India Ltd)
Certificate of Deposit | -2% ₹1,500 Cr 30,000 9. SBI Arbitrage Opportunities Fund
SBI Arbitrage Opportunities Fund
Growth Launch Date 3 Nov 06 NAV (10 Jun 26) ₹35.7126 ↑ 0.07 (0.21 %) Net Assets (Cr) ₹42,847 on 30 Apr 26 Category Hybrid - Arbitrage AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio 0.87 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Months (0.5%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 21 ₹10,000 31 May 22 ₹10,413 31 May 23 ₹11,038 31 May 24 ₹11,884 31 May 25 ₹12,731 31 May 26 ₹13,440 Returns for SBI Arbitrage Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3% 1 Year 6% 3 Year 6.9% 5 Year 6.2% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 7.5% 2022 7.4% 2021 4.6% 2020 4% 2019 3.5% 2018 6% 2017 6.2% 2016 5.3% 2015 6.4% Fund Manager information for SBI Arbitrage Opportunities Fund
Name Since Tenure Neeraj Kumar 5 Oct 12 13.66 Yr. Ardhendu Bhattacharya 27 Dec 24 1.43 Yr. Data below for SBI Arbitrage Opportunities Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 98.77% Debt 1.85% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 27.84% Basic Materials 7.69% Industrials 7.6% Consumer Cyclical 5.51% Energy 4.19% Health Care 4.16% Communication Services 4.05% Consumer Defensive 3.88% Utility 2.97% Real Estate 1.84% Technology 1.26% Debt Sector Allocation
Sector Value Cash Equivalent 87.7% Corporate 9.85% Government 2.71% Credit Quality
Rating Value AA 1.63% AAA 98.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Savings Dir Gr
Investment Fund | -8% ₹3,400 Cr 726,722,883 SBI Liquid Dir Gr
Investment Fund | -6% ₹2,456 Cr 5,666,562
↓ -1,157,892 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK5% ₹2,247 Cr 29,115,350
↓ -1,584,550 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | ICICIBANK4% ₹1,632 Cr 12,917,800
↑ 763,700 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN3% ₹1,431 Cr 13,397,250
↑ 7,580,250 Icici Bank Ltd. 26-May-26
Derivatives | -3% -₹1,347 Cr 10,600,100
↑ 10,600,100 Hdfc Bank Ltd. 30-Jun-26
Derivatives | -3% -₹1,235 Cr 16,065,500
↑ 16,065,500 State Bank Of India 26-May-26
Derivatives | -3% -₹1,138 Cr 10,696,500
↑ 10,696,500 SBI Low Duration Dir Gr
Investment Fund | -3% ₹1,107 Cr 2,904,125 Hdfc Bank Ltd. 26-May-26
Derivatives | -2% -₹1,009 Cr 12,999,800
↑ 12,999,800 10. SBI Magnum Ultra Short Duration Fund
SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (10 Jun 26) ₹6,316.2 ↑ 1.25 (0.02 %) Net Assets (Cr) ₹12,553 on 30 Apr 26 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.54 Sharpe Ratio 1.67 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.51% Effective Maturity 10 Months 2 Days Modified Duration 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 31 May 21 ₹10,000 31 May 22 ₹10,326 31 May 23 ₹10,966 31 May 24 ₹11,751 31 May 25 ₹12,644 31 May 26 ₹13,371 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jun 26 Duration Returns 1 Month 0.5% 3 Month 1.5% 6 Month 2.9% 1 Year 5.9% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 7% 2023 7.4% 2022 7% 2021 4.5% 2020 3.4% 2019 5.9% 2018 8% 2017 7.9% 2016 6.6% 2015 7.7% Fund Manager information for SBI Magnum Ultra Short Duration Fund
Name Since Tenure Sudhir Agrawal 15 May 25 1.05 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 68.09% Debt 31.53% Other 0.38% Debt Sector Allocation
Sector Value Corporate 63.08% Government 20.09% Cash Equivalent 16.45% Credit Quality
Rating Value AA 15.4% AAA 84.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity India (Republic of)
- | -8% ₹1,015 Cr 102,500,000 TATA Communications Limited
Debentures | -4% ₹550 Cr 55,000 National Bank for Agriculture and Rural Development
Domestic Bonds | -3% ₹329 Cr 7,000 Adani Power Limited
Debentures | -2% ₹297 Cr 30,000 LIC Housing Finance Ltd
Debentures | -2% ₹275 Cr 27,500
↑ 27,500 RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -2% ₹249 Cr 255 Muthoot Finance Limited
Debentures | -2% ₹224 Cr 22,500 Tbill
Sovereign Bonds | -2% ₹198 Cr 20,000,000 Oberoi Realty Limited
Debentures | -1% ₹166 Cr 20,000 Eris Lifesciences Limited
Debentures | -1% ₹151 Cr 15,000
How to Select the Right SBI Mutual Fund?
- Beginners: SBI Bluechip Fund or SBI Equity Hybrid Fund.
- Aggressive Investors: SBI Small Cap Fund, SBI contra fund.
- Tax Planning: SBI Magnum TaxGain (ELSS).
- Short-Term Needs: SBI Magnum Ultra Short Duration or SBI Overnight Fund.
- Sector Focus: SBI Technology Opportunities or SBI Banking & Financial Services Fund.
How to Invest in SBI Mutual Fund Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
FAQs on SBI Mutual Funds
1. Which is the best SBI fund for SIP currently?
A: SBI Small Cap Fund and SBI Equity Hybrid Fund are popular choices for SIPs.
2. Is SBI Mutual Fund safe to invest in?
A: Yes, it is SEBI-regulated and managed by one of India’s largest AMCs. However, risks vary by category.
3. Can NRIs invest in SBI Mutual Funds?
A: Yes, NRIs can invest (except for a few restrictions in the US/Canada).
4. Which SBI fund is best for tax saving?
A: SBI Magnum TaxGain (ELSS) qualifies under Section 80C.
Conclusion
SBI Mutual Fund continues to be one of India’s top choices for investors. With schemes across every category — equity, debt, hybrid, and tax-saving — it offers something for everyone. Whether you’re just starting out or looking to diversify your Portfolio, SBI MF provides trusted and well-performing options.
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.
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Good feedback and analysed well