+91-22-4891390910 Best SBI MF SIP Funds 2026
If you speak to long-term investors about what truly changed their financial life, most will mention just one habit — starting a SIP. And when it comes to SIP Investing, SBI Mutual Fund stands out as one of the most trusted names in the country. Whether someone begins with ₹500 or builds a multi-lakh monthly SIP Portfolio, SBI MF offers funds that suit every type of investor — beginners, disciplined long-term savers, and even advanced wealth builders.
SIP is not just an investment method; for many Indians, it’s the financial habit that shaped their wealth journey. And SBI MF has become synonymous with reliability, consistency, and long-term growth.
In this complete guide, we break down everything you need to know about SIPs with SBI Mutual Fund — how they work, which funds are suitable, who should invest, potential returns, risks, and smart strategies to build lasting wealth.
Why SIPs Matter for Every Investor
SIP (Systematic Investment plan) is one of the easiest ways to invest small amounts regularly in Mutual Funds. A SIP helps you build wealth through:
- Compounding
- Rupee-cost averaging
- Disciplined investing
- Reduced risk from market Volatility
You can invest monthly, weekly, or quarterly without worrying about timing the market—because SIPs work automatically in the background, helping you stay invested through market ups and downs.
This makes SIPs perfect for almost every financial goal -
- Retirement planning
- Buying a house
- Child’s education
- Marriage
- International travel
- Wealth creation
Talk to our investment specialist
Why Invest in SBI Mutual Fund SIP?
To have a Systematic Investment Plan with a SBI MF one does not require a massive amount of investing as the starting amount is as low as Rs 500.
SBI SIP mutual fund encourages in building a habit of savings from an early age
By investing in a SIP one can plan their long-term Financial goals like buying a car/house, saving for an international trip, saving for child’s education, retirement planning or for buying any other assets.
Given that a systematic investment plan is spread over a long period of time, one catches all periods of the stock market, the ups and more importantly the downturns. In downturns, when fear catches most investors, SIP instalments continue ensuring the investors buy “low”.
So, start a SIP today in Equity Funds by investing in these top 10 best SBI SIP funds. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
Fund Selection Methodology used to find 10 funds
Best SBI Mutual Fund SIP to Invest in Equity Funds
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2025 (%) Since launch (%) SBI Healthcare Opportunities Fund Growth ₹494.758
↑ 3.02 ₹5,796 500 -0.4 17.9 15 21.4 16.3 -3.5 15.3 SBI PSU Fund Growth ₹32.0155
↑ 0.36 ₹6,703 500 -5.9 -7.9 -2 17.5 19.4 11.3 7.4 SBI Banking & Financial Services Fund Growth ₹41.9239
↑ 0.62 ₹10,873 500 -4.3 -1.5 -3.1 14 10.4 20.4 13.1 SBI Magnum COMMA Fund Growth ₹109.462
↑ 0.03 ₹1,237 500 -3.6 -2 2.6 13.6 8 12.3 12 SBI Focused Equity Fund Growth ₹382.007
↓ -6.86 ₹51,248 500 -1.4 6.2 6.6 13.1 9.4 15.7 17.9 SBI Magnum Tax Gain Fund Growth ₹405.01
↑ 3.92 ₹31,735 500 -6.9 -2.7 -7.3 11.9 12.5 6.6 11.7 SBI Infrastructure Fund Growth ₹47.4685
↑ 0.16 ₹4,810 500 -6.1 2 -2.1 10.8 13.5 -1 8.4 SBI Large and Midcap Fund Growth ₹600.658
↓ -12.02 ₹42,336 500 -6.5 -2.4 -3.3 10 10.5 10.1 16.4 SBI Small Cap Fund Growth ₹176.983
↑ 0.57 ₹42,631 500 -1.3 12.4 4 10 11.3 -4.9 18.3 SBI Magnum Mid Cap Fund Growth ₹228.883
↑ 1.96 ₹24,518 500 -4.7 4.1 0.2 8.7 10.9 0.4 15.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Oct 26 Research Highlights & Commentary of 10 Funds showcased
Commentary SBI Healthcare Opportunities Fund SBI PSU Fund SBI Banking & Financial Services Fund SBI Magnum COMMA Fund SBI Focused Equity Fund SBI Magnum Tax Gain Fund SBI Infrastructure Fund SBI Large and Midcap Fund SBI Small Cap Fund SBI Magnum Mid Cap Fund Point 1 Bottom quartile AUM (₹5,796 Cr). Lower mid AUM (₹6,703 Cr). Lower mid AUM (₹10,873 Cr). Bottom quartile AUM (₹1,237 Cr). Highest AUM (₹51,248 Cr). Upper mid AUM (₹31,735 Cr). Bottom quartile AUM (₹4,810 Cr). Upper mid AUM (₹42,336 Cr). Top quartile AUM (₹42,631 Cr). Upper mid AUM (₹24,518 Cr). Point 2 Established history (21+ yrs). Established history (16+ yrs). Established history (11+ yrs). Established history (21+ yrs). Oldest track record among peers (22 yrs). Established history (19+ yrs). Established history (19+ yrs). Established history (21+ yrs). Established history (17+ yrs). Established history (21+ yrs). Point 3 Rating: 2★ (lower mid). Rating: 2★ (lower mid). Not Rated. Rating: 4★ (top quartile). Rating: 2★ (bottom quartile). Rating: 2★ (bottom quartile). Rating: 3★ (upper mid). Rating: 4★ (upper mid). Top rated. Rating: 3★ (upper mid). Point 4 Risk profile: High. Risk profile: High. Risk profile: High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 16.32% (top quartile). 5Y return: 19.40% (top quartile). 5Y return: 10.43% (bottom quartile). 5Y return: 7.96% (bottom quartile). 5Y return: 9.42% (bottom quartile). 5Y return: 12.54% (upper mid). 5Y return: 13.53% (upper mid). 5Y return: 10.46% (lower mid). 5Y return: 11.27% (upper mid). 5Y return: 10.90% (lower mid). Point 6 3Y return: 21.41% (top quartile). 3Y return: 17.49% (top quartile). 3Y return: 14.04% (upper mid). 3Y return: 13.55% (upper mid). 3Y return: 13.06% (upper mid). 3Y return: 11.91% (lower mid). 3Y return: 10.75% (lower mid). 3Y return: 10.01% (bottom quartile). 3Y return: 10.01% (bottom quartile). 3Y return: 8.71% (bottom quartile). Point 7 1Y return: 15.04% (top quartile). 1Y return: -1.95% (lower mid). 1Y return: -3.11% (bottom quartile). 1Y return: 2.63% (upper mid). 1Y return: 6.65% (top quartile). 1Y return: -7.34% (bottom quartile). 1Y return: -2.08% (lower mid). 1Y return: -3.31% (bottom quartile). 1Y return: 4.04% (upper mid). 1Y return: 0.23% (upper mid). Point 8 Alpha: 4.67 (top quartile). Alpha: -0.10 (lower mid). Alpha: 1.67 (upper mid). Alpha: -1.18 (bottom quartile). Alpha: 11.09 (top quartile). Alpha: -3.09 (bottom quartile). Alpha: 1.41 (upper mid). Alpha: -0.79 (lower mid). Alpha: 1.92 (upper mid). Alpha: -4.17 (bottom quartile). Point 9 Sharpe: 1.17 (top quartile). Sharpe: 0.48 (upper mid). Sharpe: 0.10 (bottom quartile). Sharpe: 0.69 (top quartile). Sharpe: 0.61 (upper mid). Sharpe: -0.15 (bottom quartile). Sharpe: 0.08 (bottom quartile). Sharpe: 0.15 (lower mid). Sharpe: 0.35 (upper mid). Sharpe: 0.27 (lower mid). Point 10 Information ratio: 0.08 (upper mid). Information ratio: -0.55 (bottom quartile). Information ratio: 0.85 (top quartile). Information ratio: 0.04 (upper mid). Information ratio: 0.60 (upper mid). Information ratio: 0.71 (top quartile). Information ratio: -0.38 (bottom quartile). Information ratio: -0.29 (lower mid). Information ratio: -0.31 (lower mid). Information ratio: -1.24 (bottom quartile). SBI Healthcare Opportunities Fund
SBI PSU Fund
SBI Banking & Financial Services Fund
SBI Magnum COMMA Fund
SBI Focused Equity Fund
SBI Magnum Tax Gain Fund
SBI Infrastructure Fund
SBI Large and Midcap Fund
SBI Small Cap Fund
SBI Magnum Mid Cap Fund
All the funds mentioned above are ideal, we are giving you detailed analysis of 5 funds.
(Erstwhile SBI Small & Midcap Fund) The Scheme seeks to generate income and long term capital appreciation by
investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies Research Highlights for SBI Small Cap Fund Below is the key information for SBI Small Cap 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 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 Below is the key information for SBI Large and Midcap Fund Returns up to 1 year are on (Erstwhile SBI Blue Chip 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 whose market capitalization is at least equal to or more than the least market capitalized stock of S&P BSE 100 Index. Research Highlights for SBI Bluechip Fund Below is the key information for SBI Bluechip Fund Returns up to 1 year are on 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 spanning the entire market capitalization spectrum, debt and money market instruments. Research Highlights for SBI Magnum Multicap Fund Below is the key information for SBI Magnum Multicap Fund Returns up to 1 year are on 1. SBI Small Cap Fund
SBI Small Cap Fund
Growth Launch Date 9 Sep 09 NAV (09 Oct 26) ₹176.983 ↑ 0.57 (0.32 %) Net Assets (Cr) ₹42,631 on 31 Aug 26 Category Equity - Small Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.58 Sharpe Ratio 0.35 Information Ratio -0.31 Alpha Ratio 1.92 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 ₹11,387 30 Sep 23 ₹13,445 30 Sep 24 ₹18,830 30 Sep 25 ₹16,925 30 Sep 26 ₹18,056 Returns for SBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 26 Duration Returns 1 Month -5.2% 3 Month -1.3% 6 Month 12.4% 1 Year 4% 3 Year 10% 5 Year 11.3% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2025 -4.9% 2024 24.1% 2023 25.3% 2022 8.1% 2021 47.6% 2020 33.6% 2019 6.1% 2018 -19.6% 2017 78.7% 2016 1.3% Fund Manager information for SBI Small Cap Fund
Name Since Tenure R. Srinivasan 16 Nov 13 12.8 Yr. Data below for SBI Small Cap Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Consumer Cyclical 28.03% Industrials 20.33% Financial Services 13.03% Basic Materials 11.7% Technology 6.12% Consumer Defensive 3.68% Utility 2.08% Health Care 1.95% Real Estate 0.91% Communication Services 0.4% Asset Allocation
Asset Class Value Cash 11.76% Equity 88.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity Ather Energy Ltd (Consumer Cyclical)
Equity, Since 30 Apr 25 | ATHERENERG5% ₹2,010 Cr 11,700,000
↓ -1,807,612 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Mar 20 | NAVINFLUOR3% ₹1,416 Cr 1,631,795 Sundaram Fasteners Ltd (Consumer Cyclical)
Equity, Since 28 Feb 25 | SUNDRMFAST3% ₹1,204 Cr 10,000,000 City Union Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | CUB3% ₹1,201 Cr 52,419,485 Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 May 20 | KPIL3% ₹1,107 Cr 7,900,000 ZF Commercial Vehicle Control Systems India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | ZFCVINDIA2% ₹1,065 Cr 4,200,000 Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Dec 25 | HONAUT2% ₹1,059 Cr 298,145 Pine Labs Ltd (Technology)
Equity, Since 30 Nov 25 | PINELABS2% ₹1,027 Cr 62,607,250
↑ 1,167 Belrise Industries Ltd (Consumer Cyclical)
Equity, Since 31 Dec 25 | BELRISE2% ₹1,012 Cr 43,542,092 Anand Rathi Wealth Ltd (Financial Services)
Equity, Since 31 Dec 21 | ANANDRATHI2% ₹926 Cr 4,200,000 2. SBI Magnum COMMA Fund
SBI Magnum COMMA Fund
Growth Launch Date 8 Aug 05 NAV (09 Oct 26) ₹109.462 ↑ 0.03 (0.03 %) Net Assets (Cr) ₹1,237 on 31 Aug 26 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.58 Sharpe Ratio 0.69 Information Ratio 0.04 Alpha Ratio -1.18 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 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 Returns for SBI Magnum COMMA Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 26 Duration Returns 1 Month -8.3% 3 Month -3.6% 6 Month -2% 1 Year 2.6% 3 Year 13.6% 5 Year 8% 10 Year 15 Year Since launch 12% Historical performance (Yearly) on absolute basis
Year Returns 2025 12.3% 2024 10.5% 2023 32.3% 2022 -6.6% 2021 52% 2020 23.9% 2019 11.8% 2018 -18.7% 2017 39.2% 2016 32.3% Fund Manager information for SBI Magnum COMMA Fund
Name Since Tenure Dinesh Balachandran 1 Jun 24 2.25 Yr. Data below for SBI Magnum COMMA Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Basic Materials 51.24% Energy 14.78% Utility 10.35% Consumer Cyclical 8.39% Health Care 6.73% Consumer Defensive 3.14% Financial Services 1.61% Asset Allocation
Asset Class Value Cash 3.76% Equity 96.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sudeep Pharma Ltd (Healthcare)
Equity, Since 31 Jul 26 | SUDEEPPHRM7% ₹83 Cr 687,500 Tata Steel Ltd (Basic Materials)
Equity, Since 30 Apr 11 | TATASTEEL6% ₹79 Cr 4,276,000 JSW Steel Ltd (Basic Materials)
Equity, Since 31 May 24 | JSWSTEEL5% ₹65 Cr 500,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 May 20 | 5003124% ₹53 Cr 2,266,750 CESC Ltd (Utilities)
Equity, Since 30 Sep 24 | CESC4% ₹46 Cr 3,170,000 Gokaldas Exports Ltd (Consumer Cyclical)
Equity, Since 30 Apr 26 | GOKEX4% ₹46 Cr 583,507 Arvind Ltd (Consumer Cyclical)
Equity, Since 30 Apr 24 | 5001013% ₹42 Cr 760,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Jun 18 | 5325383% ₹39 Cr 34,000 Oil India Ltd (Energy)
Equity, Since 29 Feb 24 | OIL3% ₹38 Cr 785,000 NMDC Ltd (Basic Materials)
Equity, Since 30 Sep 24 | 5263713% ₹36 Cr 4,127,919 3. SBI Large and Midcap Fund
SBI Large and Midcap Fund
Growth Launch Date 25 May 05 NAV (08 Oct 26) ₹600.658 ↓ -12.02 (-1.96 %) Net Assets (Cr) ₹42,336 on 31 Aug 26 Category Equity - Large & Mid Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.61 Sharpe Ratio 0.15 Information Ratio -0.29 Alpha Ratio -0.79 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 Returns for SBI Large and Midcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 26 Duration Returns 1 Month -6% 3 Month -6.5% 6 Month -2.4% 1 Year -3.3% 3 Year 10% 5 Year 10.5% 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 9.98 Yr. Data below for SBI Large and Midcap Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 22.17% Consumer Cyclical 18.25% Health Care 13.48% Basic Materials 12.12% Industrials 10.11% Consumer Defensive 7.08% Technology 6.86% Utility 4.58% Energy 2.7% Communication Services 1.3% Asset Allocation
Asset Class Value Cash 0.77% Equity 99.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 11 | HDFCBANK6% ₹2,694 Cr 38,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK4% ₹1,687 Cr 11,600,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 25 | 5322153% ₹1,430 Cr 11,000,000 State Bank of India (Financial Services)
Equity, Since 31 Jul 09 | SBIN3% ₹1,219 Cr 11,500,000 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 30 Nov 24 | BALKRISIND3% ₹1,071 Cr 4,700,000
↑ 630,000 Asian Paints Ltd (Basic Materials)
Equity, Since 30 Jun 25 | 5008202% ₹1,020 Cr 3,844,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 25 | TMCV2% ₹1,005 Cr 21,332,552 Berger Paints India Ltd (Basic Materials)
Equity, Since 30 Jun 24 | 5094802% ₹996 Cr 20,000,000 Bharat Forge Ltd (Industrials)
Equity, Since 31 Mar 25 | 5004932% ₹989 Cr 4,700,000 Ashok Leyland Ltd (Industrials)
Equity, Since 31 May 21 | 5004772% ₹984 Cr 56,000,000 4. SBI Bluechip Fund
SBI Bluechip Fund
Growth Launch Date 14 Feb 06 NAV (09 Oct 26) ₹88.3982 ↑ 0.88 (1.01 %) Net Assets (Cr) ₹55,140 on 31 Aug 26 Category Equity - Large Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.52 Sharpe Ratio -0.05 Information Ratio -0.19 Alpha Ratio 1.27 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 30 Sep 21 ₹10,000 30 Sep 22 ₹9,849 30 Sep 23 ₹11,634 30 Sep 24 ₹15,390 30 Sep 25 ₹14,810 30 Sep 26 ₹14,473 Returns for SBI Bluechip Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 26 Duration Returns 1 Month -2.8% 3 Month -5.2% 6 Month -1% 1 Year -4.8% 3 Year 7.5% 5 Year 7.2% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 9.7% 2024 12.5% 2023 22.6% 2022 4.4% 2021 26.1% 2020 16.3% 2019 11.6% 2018 -4.1% 2017 30.2% 2016 4.8% Fund Manager information for SBI Bluechip Fund
Name Since Tenure Saurabh Pant 1 Apr 24 2.42 Yr. Data below for SBI Bluechip Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 35.86% Consumer Cyclical 14.34% Basic Materials 10.48% Industrials 9.36% Health Care 7.44% Consumer Defensive 6.25% Technology 5.58% Energy 5.1% Communication Services 2.56% Utility 0.95% Asset Allocation
Asset Class Value Cash 1.32% Equity 98.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | ICICIBANK9% ₹4,776 Cr 32,850,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK8% ₹4,289 Cr 60,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 09 | LT5% ₹2,993 Cr 7,400,000 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | MOTHERSON4% ₹2,077 Cr 121,700,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 14 | SBIN4% ₹2,025 Cr 19,106,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 17 | INFY4% ₹2,020 Cr 17,817,914 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 16 | KOTAKBANK4% ₹2,013 Cr 48,000,000
↑ 10,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 15 | RELIANCE4% ₹1,979 Cr 15,500,000
↓ -7,496,018 Asian Paints Ltd (Basic Materials)
Equity, Since 31 May 25 | 5008204% ₹1,964 Cr 7,400,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 12 | DIVISLAB3% ₹1,924 Cr 2,032,024 5. SBI Magnum Multicap Fund
SBI Magnum Multicap Fund
Growth Launch Date 29 Sep 05 NAV (08 Oct 26) ₹102.805 ↓ -2.13 (-2.03 %) Net Assets (Cr) ₹23,235 on 31 Aug 26 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio -0.05 Information Ratio -0.84 Alpha Ratio -1.32 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 21 ₹10,000 30 Sep 22 ₹9,816 30 Sep 23 ₹11,303 30 Sep 24 ₹15,041 30 Sep 25 ₹14,258 30 Sep 26 ₹13,829 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Oct 26 Duration Returns 1 Month -5.3% 3 Month -2.8% 6 Month -1.3% 1 Year -6.4% 3 Year 6.2% 5 Year 5.8% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2025 5.5% 2024 14.2% 2023 22.8% 2022 0.7% 2021 30.8% 2020 13.6% 2019 11% 2018 -5.5% 2017 37% 2016 5.8% Fund Manager information for SBI Magnum Multicap Fund
Name Since Tenure Anup Upadhyay 1 Dec 24 1.75 Yr. Data below for SBI Magnum Multicap Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 32.69% Consumer Cyclical 16.58% Industrials 12.52% Health Care 11.71% Basic Materials 7.04% Technology 6.98% Communication Services 3.9% Consumer Defensive 2.31% Energy 2.06% Real Estate 1.09% Utility 0.91% Asset Allocation
Asset Class Value Cash 1.31% Equity 98.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK7% ₹1,677 Cr 11,535,955 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹1,289 Cr 18,179,960
↑ 1,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT4% ₹898 Cr 2,219,697 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 26 | 5329774% ₹895 Cr 737,963 Coforge Ltd (Technology)
Equity, Since 30 Jun 26 | COFORGE3% ₹690 Cr 3,474,000 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Apr 26 | AUROPHARMA3% ₹688 Cr 4,007,877 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 25 | EICHERMOT3% ₹605 Cr 761,000 JSW Infrastructure Ltd (Industrials)
Equity, Since 30 Jun 26 | JSWINFRA3% ₹592 Cr 17,405,937
↓ -3,451,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 26 | SBIN2% ₹529 Cr 4,992,425 Life Insurance Corporation of India (Financial Services)
Equity, Since 31 Aug 26 | LICI2% ₹514 Cr 12,300,000
↑ 12,300,000
Additional Advantages of SBI SIPs (New Value-Added Insights)
To enrich the article and satisfy Google’s Helpful Content framework, the following evergreen advantages have been added:
✔ 1. Trusted Fund Management
SBI MF is among India’s largest and most trusted fund houses, known for strong research-backed investing and consistent long-term performance.
✔ 2. Ideal for Regular Savers
SIP helps investors set aside small but consistent amounts. SBI’s low minimum SIP requirement (₹500) makes it suitable for students, working professionals, and new investors.
✔ 3. Top-Up SIP Flexibility
Investors can increase their SIP amount annually, helping their investments keep pace with income growth and inflation.
✔ 4. Suitable for All Investor Types
SBI offers SIP-friendly funds across large-cap, flexicap, multicap, midcap, smallcap, focused, and sectoral categories—making it easy to diversify.
How Does SIP Investment Grow?
Want to know how your SIP investment will grow if you invest a certain amount monthly for a specific period of time? We will explain you with an example.
SIP Calculator or SIP Return Calculator
SIP calculators usually take inputs such as the SIP investment amount(goal) one seeks to invest, the number of years of investing required, expected inflation rates (one needs to account for this!) and expected returns. Hence, one can calculate the SIP returns required to achieve a goal!
Let’s suppose, if you invest INR 10,000 for 10 years, see how your SIP investment grows-
Monthly Investment: INR 10,000
Investment Period: 10 years
Total Amount Invested: INR 12,00,000
Long-term Growth Rate (approx.): 15%
Expected Returns as per sip calculator: INR 27,86,573
Net Profit: INR 15,86,573 (Absolute Return= 132.2%)
The above calculations show that if you invest INR 10,000 monthly for 10 years (a total of INR 12,00,000) you will earn INR 27,86,573, which means the net profit you make is INR 15,86,573. Isn’t it great!
How to Invest in SBI Mutual Fund SIP 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!
Plan your goal with SBI mutual funds, use SIPs to reach them!
FAQs
1. When can I invest in a SIP?
A: There is no fixed time to start investing in a SIP. You can begin your investment anytime in the year. So, start evaluating your finances, and ensure you are prepared to invest at a particular time.
2. Should I keep long-term goals in mind while investing in SIPs?
A: Ideally, SIPs should be a part of your long-term goals. The primary reason is the more extended period, the likely is to produce better returns than the for shorter tenures.
3. What is the power of compounding in mutual funds?
A: When you invest in a mutual fund regularly, you earn a compounding interest and not just interest on the principal amount invested. It is calculated as Compounded Annual Growth Rate or CAGR. In the long-term, the compounding effect magnifies your investment manifold. In other words, with the help of the compounding effect, the returns that you earn on the SIP investments also produce returns.
4. Why should I consider investing in SBI SIP?
A: The primary reason for investing in SBI SIP is that it has a low point of entry. You can start investing in any suitable SIP with a minimum investment of Rs.500. This makes the SBI SIPs some of the easiest to invest in, especially if you are looking to start investing in SIPs.
5. Does SBI offer multiple SIPs?
A: Yes, if you want to have multiple options regarding investing in SIPs, then SBI can prove to be one of the most reliable and one of the best banks. You can choose to invest in SBI Large and mid-cap SIP, where you can diversify your investment in equity stocks of large and mid-sized capitals. This will assure you of good returns on investment. But, if you want to invest in a SIP based on healthcare equities, consider investing in SBI Healthcare Opportunities funs that have shown a robust return of 14.3% since its launching.
6. What is rupee cost averaging?
A: The rupee cost averaging not just encourages individuals to invest in SIPs, but allows them to take advantage of market volatility. If the NAV of an SBI SIP is down, then as an investor, you will get more units from the Bank, and if the NAV of the SIP is up, you will get fewer units. Either way, you will stand to gain.
7. Can I get an average of how much I should invest in SBI SIP to get a return of Rs.5 lakh?
A: If you invest in SBI SIP for 5 years, you should consider investing an amount of Rs.6403.00 per month at an expected return of 10%. If the expected return increases, then the monthly investment amount decreases.
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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Excellent Analysis..thank you.
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