SBI Mutual Fund came up in existence in 1987, originally under the aegis of SBI Capital Markets Ltd. and are managed by SBI Funds Management Company. It offers a full range of schemes to meet the diverse needs of investors, both retail and institutional through their Portfolio Management Schemes(PMS)

SBI Fund Management Company

SBI Funds Management Private Ltd. is one of the foremost asset management company in India with 28 years of rich experience in fund management and having an investor base of over 4.58 million. The joint venture between 'The State Bank of India' and AMUNDI, another leading fund management company leads to the formation of SBI Funds Management Private Ltd. The company is committed to constantly delivering the value to its investors through the network of over 222 points of acceptance across India.

SBI Mutual Fund Schemes

SBI Mutual Fund classifies their mutual fund schemes into Equity, Debt, Hybrid, Liquid, Fixed maturity plans, ETF and Fund of Fund schemes, which are described as follows :

1.Equity Schemes

  • SBI Magnum Equity Fund:

    This fund aims to provide the investor a long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme by way of investing predominately in equities and the balance in debt and money market instruments.
  • SBI Magnum Global Fund:

    SBI Magnum Global Fund provide the investors a maximum growth opportunity by way of doing a thorough research while investing in Indian equities, PCDs and FCDs from selected industries with high growth potential and in Bonds.
  • SBI Magnum Midcap Fund:

    SBI Magnum Midcap Fund provide the investors with an opportunity of long-term growth in capital along with the liquidity of an open-ended scheme by investing primarily in a suitably diversified basket of equity stocks of Midcap companies.
  • SBI Blue Chip Fund :

    SBI Blue Chip Fund provide the investors with an opportunity of long-term growth in capital through an active management of investments in a suitably 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.
  • SBI Magnum Multiplier Fund :

    SBI Magnum Multiplier Fund provide the investors a long term capital appreciation/dividend along with the liquidity of an open-ended scheme.
  • SBI Magnum Taxgain Scheme:

    SBI Magnum Taxgain Scheme readily provide the benefits of investment in a portfolio of equity shares, while offering deduction on such investments made in the scheme under Section 80C of the Income Tax Act, 1961. It also attempt to distribute income periodically based on the distributable surplus.
  • SBI FMCG Fund:

    SBI FMCG fund provide the investors an opportunity to invest in an actively managed portfolio of FMCG stocks, and potentially benefit from one of the key sectors in the Indian growth economy.
  • SBI IT Fund :

    SBI IT Fund provide the investors an opportunity to invest in an actively managed portfolio of IT stocks, and potentially derive benefits from one of the key sectors in the Indian growth economy.
  • SBI Pharma Fund:

    SBI Pharma Fund provide the investors an opportunity to invest in an actively managed portfolio of pharmaceutical stocks, and potentially derive benefit from one of the key sectors in the Indian growth economy.

2.Debt Schemes:

Debt schemes of SBI Mutual Fund is focussed towards providing a regular and steady income to its investors. It offers the following schemes under its category.

  • SBI Magnum Income Fund:

    Investors in this fund will earn through capital gains or through regular dividends by making investments in debt and money market securities.
  • SBI Dynamic Bond Fund:

    This fund invests in an actively managed portfolio of good quality debt as well as money market instruments so as to offer fair returns and liquidity to the unitholders.
  • SBI Savings Fund:

    This fund minimizes the interest rate risk and provides regular income to investors along with capital appreciation by investing in a portfolio of Floating Rate debt securities, fixed rate securities, derivative instruments as well as in Money Market instruments.
  • SBI Magnum Gilt Fund :

    This fund invests only in government securities. For short-term plans, the fund is normally managed to a maximum average portfolio -maturity of three years whereas in long-term plans, the maturity period is above three years.
  • SBI Ultra Short Term Debt Fund:

    This fund invests in higher proportion in money market instruments with maturity up to one year and debt instruments which are not underrated by a credit rating agency.
  • SBI Short Term Debt Fund:

    This fund invests primarily in money market & short-term bonds with an average maturity of the fund not exceeding 3 years.
  • SBI Corporate Bond Fund:

    This fund actively manages a portfolio of good quality corporate debt along with Money market instruments so as to generate fair returns and liquidity to investors.
  • SBI Treasury Advantage Fund:

    SBI IT Fund provide the investors an opportunity to invest in an actively managed portfolio of IT stocks, and potentially derive benefits from one of the key sectors in the Indian growth economy.
  • SBI Pharma Fund:

    This fund invests in short-term debt & money market securities with an average maturity period ranging 6 months to 18 months.

3. Hybrid Schemes:

Hybrid schemes offer a mix of debt and equity investments to provide income and growth. It offers the following schemes under its category.

  • SBI Dual Advantage Fund:

    This fund generates income by investing in a portfolio of fixed-income securities maturing on or before the maturity of the scheme. The second objective is to generate capital appreciation for investors by investing a portion of the scheme corpus in equity & equity related securities.
  • SBI Magnum Balanced Fund:

    This fund provide investors a long- term capital appreciation along with the liquidity of an open-ended scheme by investing in a combination of debt and equity, without being completely exposed to equity markets.
  • SBI Magnum Children's Benefit Plan:

    This scheme provides attractive returns to the Magnum unit holders in the form of capital appreciation by way of an actively managed portfolio of debt, equity and money market instruments.
  • SBI Regular Savings Fund:

    This fund provides attractive returns to the Magnum unit holders either through periodic dividends or through capital appreciation by way of an actively managed portfolio of debt, equity and money market instruments.
  • SBI Magnum Monthly Income Plan:

    This scheme offers regular income, liquidity and attractive returns to the investors in the form of an actively managed portfolio of debt, equity and money market instruments.
  • SBI Magnum Monthly Income Plan Floater:

    This fund generates regular income, liquidity and attractive returns along with minimizing 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.
  • SBI Dynamic Asset Allocation Fund:

    This fund allows the investor to invest in a portfolio of equity and equity-related securities and fixed income instruments. The allocation will be managed dynamically in order to provide investors with long-term capital appreciation.
  • SBI Equity Savings Fund:

    This fund generates income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation by way of seeking moderate exposure in equity.

4. Liquid Schemes-

These schemes invest primarily in short-term instruments and cash assets. There are three liquid schemes offered by SBI Mutual Fund which are as follows:

  • SBI Magnum InstaCash Fund -

    Liquid Floater Plan: This fund aims to mitigate interest rate risk and generate opportunities for regular income through a portfolio, investing primarily in floating rate securities and money market instruments.
  • SBI Premier Liquid Fund:

    This fund aims to provide attractive returns to the Magnum holders either through periodic dividends or through capital appreciation by engaging in an actively managed portfolio of debt and money market instruments.
  • SBI Magnum InstaCash Fund:

    This fund aims to provide the investors an opportunity of earning returns through investment in debt & money market securities along with the benefit of obtaining a very high degree of liquidity.

5. Fixed Maturity Plans(FMP):

Fixed Maturity Plans are closed-ended debt schemes with a fixed maturity date which invest in debt & money market instruments on or before the date of the maturity of the scheme. SBI Mutual Fund offer the investors several fixed maturity plans under the debt fund series with different maturities.

6. Exchange Traded Schemes-

These schemes invest in gold and are considered to be a high- risk investment. There are seven schemes covered under Exchange Traded Funds:

  • SBI ETF-Gold :

    SBI Gold ETF seeks to provide returns that are closely in proportion to the returns offered by the price of gold through investment in physical Gold. The creation unit size of this scheme is 1000 units and in multiples thereof.
  • SBI-ETF Sensex:

    SBI-ETF Sensex seeks to provide returns, before expenses which closely commensurate with the total returns of the securities as represented by the S&P BSE SENSEX by holding S&P BSE SENSEX stocks in the same proportion. The creation unit size of this scheme is 2000 units and in multiples thereof.
  • SBI-ETF NIFTY NEXT 50 :

    By investing in SBI-ETF Nifty Next 50, the investors seek to derive the growth potential of companies which offer them a cost-efficient and convenient manner of investing in the emerging companies. These companies are a part of the underlying index. The creation unit size of this scheme is 5000 units and in multiples thereof.
  • SBI-ETF NIFTY BANK :

    The banking sector is a reflection of the economy and plays a vital role in the economic growth of the country. Introduction of major policy reforms, huge untapped potential in India and the multiplicity of sector are drivers of growth which present a captivating investment opportunity. SBI-ETF Nifty Bank is a fund which mirrors the Nifty Bank Index, an indicator of the capital market performance of Indian Banks and allows the investors to tap this potential. Investors are welcomed to be a part of this growth. The creation unit size of this scheme is 5000 units and in multiples thereof.
  • SBI-ETF BSE 100:

    SBI ETF BSE 100 is a passively managed open-ended exchange traded scheme which offers investor to invest in the top 100 companies in India through market capitalization. The fund will invest in an underlying market index, which reflects the market movements and derive benefits from the growth potential of these companies. The creation unit size of this scheme is 10000 units and in multiples thereof.
  • SBI-ETF NIFTY 50:

    This fund reflects the total free float market value of all stocks in the Nifty Index relative to a particular base market capitalization value. The index Nifty 50 comprises of 50 constituents which aim to track the general stock market performance in India.The creation unit size of this scheme is 50000 units and in multiples thereof.
  • SBI-ETF 10 YEAR GILT:

    This fund aims to provide returns that are closely in proportion to the total returns of the securities as represented by the underlying index i.e. Nifty 10 year benchmark government securities index, subject to tracking error. The creation unit size of this scheme is 5000 units and in multiples thereof.

7. Fund of Fund Schemes:

Fund of Fund schemes predominately invest in other schemes of the same mutual fund or other mutual funds. It allows the investor to attain greater diversification through one scheme. It spread the risks through a broad spectrum by investing in another mutual fund scheme. SBI Gold Fund is the only such scheme provided by SBI Mutual Fund.

  • SBI Gold Fund :

    SBI Gold Fund scheme strives to provide returns that are closely in proportion to the returns provided by SBI Gold Exchange Traded Scheme(SBI GETS).