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SBI Mutual Fund Things You Need To Know Before Investing

Hello friends today we will talking about SBI Mutual Fund. SBI Mutual Fund started with the aim ‘to be the most trusted and respected Asset Manager’ and is one of the leading fund houses in the country today with over 30 years of experience in fund management.

The joint venture between State Bank of India (SBI) and AMUNDI (a French international fund management company) believes in ‘growth through innovation’ and hence invests in stocks with promising high performance. Its mission is to make mutual funds a viable option for the masses by investing in need-specific products.

Ashwani Bhatia, the MD-cum-CEO of SBI Funds Management Private Limited, assures that SBI Mutual Funds endeavors to outperform the benchmarks through well-researched investments and optimum risk management.

Type of Funds Offered by SBI Funds Management Pvt. Ltd.

Equity SBI Mutual Funds

Equity Mutual Funds by SBI offers schemes that invest in large-cap, mid-cap, and small-cap stocks. These funds tend to offer stellar long-term returns.

Here is a list of Top 5 SBI Equity Mutual Funds:

Fund Name3 Year (%)5 Year (%)NAVFund Size (Cr)
SBI Banking & Financial Services Fund15.8NA18.73892.4
SBI Focused Equity Fund11.0612.98151.254634.46
SBI Bluechip Fund5.329.5237.2922754.43
SBI Infrastructure Fund5.749.1415.72522.42
SBI Magnum Multicap Fund7.4811.7146.697582.94

Debt Mutual Funds by SBI

SBI Debt Mutual Funds mainly invest in a mix of debts and fixed-income securities. The fixed-income securities include Treasury bills, Government Securities, Corporate Bonds, Money market instruments, etc. These securities have a fixed maturity date and a fixed interest rate.

Here is a list of Top 5 SBI Debt Mutual Funds:

Fund Name3 Year (%)5 Year (%)NAVFund Size (Cr)
SBI Credit Risk Fund7.4931.945396.93
SBI Dynamic Bond Fund8.199.5324.52994.13
SBI Magnum Gilt Fund8.7210.7844.261417.69
SBI Magnum Income Fund8.049.4249.521199.68
SBI Magnum Low Duration Fund7.5182498.47565.64

Hybrid SBI Mutual Funds

Hybrid Funds offered by SBI invest in a mixture of debt and equity securities in different proportions based on investment objectives. These funds are considered less risky compared to the others that may offer a higher interest rate.

Here is a list of Top 5 SBI Hybrid Mutual Funds:

Fund Name3 Year (%)5 Year (%)NAVFund Size (Cr)
SBI Debt Hybrid Fund4.717.9339.561206.27
SBI Dynamic Asset Allocation Fund8.61NA13.83668.9
SBI Equity Hybrid Fund8.2610.33132.7330028.1
SBI Equity Savings Fund6.65NA14.062079.16
SBI Magnum Children’s Benefit Fund7.49NANA

How to Invest in SBI Mutual Funds via

  • Step 1: On, select the ‘Mutual Fund’ option.
  • Step 2: If you are a registered user, log in to the platform using your mobile number and password/OTP. Or create a new account.
  • Step 3: Choose ‘Invest’ > ‘Explore All Funds’ on the left sidebar.
  • Step 4: Select the SBI Mutual Fund of your choice. All the fund details, including NAV, risk level, etc., will appear.
  • Step 5: Select the investment type – SIP or Lumpsum. Enter the amount you wish to invest. Click on the ‘Confirm & add to cart option.
  • Step 6: You can complete the payment using the net banking of major Indian banks.

The mutual fund units will be allotted to you within 5 working days. If you’re not KYC Compliant, you will need to complete your KYC before investing in mutual fund schemes.

Documents Required for Mutual Fund Investment

Here is a list of official documents required to validate the identity and address of an investor:

Identity Proof 

  • Aadhaar Card
  • PAN Card
  • Passport
  • Driving License

Address Proof

  • Aadhar Card
  • Driving License
  • Passport
  • Recent Utility Bill
  • Rental/Lease Agreement

Also Read: HDFC Mutual Fund Things You Need To Know Before Investing

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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