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Top SBI Mutual Fund - SIP Schemes, Performance, Returns 2025

SBI Funds Management Ltd has reported assets under management (AUM) exceeding ₹11 lakh cr. as of Q2 of FY 2025. Here’s the list of top-performing SBI mutual funds in India with live NAV and performance insights.

Best SBI Mutual Funds (2025)

Top SBI Mutual Funds in India (2025)

Here's the list of top SBI mutual funds across equity, debt, hybrid funds offered by SBI Funds Management Ltd.

Created by

@82600328260032

Showing 1 - 20 of 108 results

last updated at 8:00 AM IST 
NameMFs (108)Sub CategorySub CategoryPlanPlanAUMAUMAMCAMCNAVNAVAbsolute Returns - 3MAbsolute Ret. - 3MAbsolute Returns - 1YAbsolute Ret. - 1YCAGR 3YCAGR 3YExpense RatioExpense RatioExit LoadExit LoadVolatilityVolatility
1.SBI Equity Hybrid Fund
SBI Equity Hybrid Fund
Aggressive Hybrid Fund
Aggressive Hybrid Fund
Growth
Growth
81,951.86
81,951.86
SBI Funds Management Limited
SBI Funds Management Limited
3.92
3.92
11.13
11.13
14.30
14.30
0.72
0.72
1.00
1.00
8.73
8.73
2.SBI Liquid Fund
SBI Liquid Fund
Liquid Fund
Liquid Fund
Growth
Growth
71,091.78
71,091.78
SBI Funds Management Limited
SBI Funds Management Limited
1.43
1.43
6.60
6.60
7.02
7.02
0.19
0.19
0.01
0.01
0.11
0.11
3.SBI Large Cap Fund
SBI Large Cap Fund
Large Cap Fund
Large Cap Fund
Growth
Growth
54,687.99
54,687.99
SBI Funds Management Limited
SBI Funds Management Limited
4.13
4.13
6.37
6.37
14.23
14.23
0.79
0.79
0.25
0.25
11.44
11.44
4.SBI Contra Fund
SBI Contra Fund
Contra Fund
Contra Fund
Growth
Growth
49,218.42
49,218.42
SBI Funds Management Limited
SBI Funds Management Limited
4.32
4.32
3.06
3.06
20.02
20.02
0.76
0.76
0.25
0.25
10.88
10.88
5.SBI Focused Fund
SBI Focused Fund
Focused Fund
Focused Fund
Growth
Growth
40,823.77
40,823.77
SBI Funds Management Limited
SBI Funds Management Limited
7.51
7.51
14.72
14.72
17.93
17.93
0.77
0.77
0.10
0.10
11.32
11.32
6.SBI Arbitrage Opportunities Fund
SBI Arbitrage Opportunities Fund
Arbitrage Fund
Arbitrage Fund
Growth
Growth
39,858.59
39,858.59
SBI Funds Management Limited
SBI Funds Management Limited
1.53
1.53
7.00
7.00
7.80
7.80
0.40
0.40
0.25
0.25
0.79
0.79
7.SBI Balanced Advantage Fund
SBI Balanced Advantage Fund
Balanced Advantage Fund
Balanced Advantage Fund
Growth
Growth
38,628.37
38,628.37
SBI Funds Management Limited
SBI Funds Management Limited
4.70
4.70
8.30
8.30
14.69
14.69
0.73
0.73
1.00
1.00
6.45
6.45
8.SBI Savings Fund
SBI Savings Fund
Money Market Fund
Money Market Fund
Growth
Growth
37,973.57
37,973.57
SBI Funds Management Limited
SBI Funds Management Limited
1.52
1.52
7.60
7.60
7.63
7.63
0.25
0.25
-
-
0.40
0.40
9.SBI Small Cap Fund
SBI Small Cap Fund
Small Cap Fund
Small Cap Fund
Growth
Growth
36,945.09
36,945.09
SBI Funds Management Limited
SBI Funds Management Limited
-1.67
-1.67
-5.49
-5.49
14.14
14.14
0.75
0.75
1.00
1.00
13.77
13.77
10.SBI Large & Midcap Fund
SBI Large & Midcap Fund
Large & Mid Cap Fund
Large & Mid Cap Fund
Growth
Growth
35,514.42
35,514.42
SBI Funds Management Limited
SBI Funds Management Limited
4.47
4.47
7.54
7.54
17.37
17.37
0.79
0.79
0.10
0.10
12.15
12.15
11.SBI ELSS Tax Saver Fund
SBI ELSS Tax Saver Fund
Equity Linked Savings Scheme (ELSS)
Equity Linked Savings Scheme (ELSS)
Growth
Growth
31,782.82
31,782.82
SBI Funds Management Limited
SBI Funds Management Limited
3.88
3.88
3.30
3.30
23.02
23.02
0.94
0.94
-
-
11.76
11.76
12.SBI Overnight Fund
SBI Overnight Fund
Overnight Fund
Overnight Fund
Growth
Growth
25,408.85
25,408.85
SBI Funds Management Limited
SBI Funds Management Limited
1.34
1.34
5.90
5.90
6.40
6.40
0.08
0.08
-
-
0.02
0.02
13.SBI Corp Bond Fund
SBI Corp Bond Fund
Corporate Bond Fund
Corporate Bond Fund
Growth
Growth
24,935.90
24,935.90
SBI Funds Management Limited
SBI Funds Management Limited
2.06
2.06
8.44
8.44
7.99
7.99
0.36
0.36
-
-
1.16
1.16
14.SBI Multicap Fund
SBI Multicap Fund
Multi Cap Fund
Multi Cap Fund
Growth
Growth
23,986.25
23,986.25
SBI Funds Management Limited
SBI Funds Management Limited
0.32
0.32
3.46
3.46
17.17
17.17
0.81
0.81
0.25
0.25
12.08
12.08
15.SBI Flexicap Fund
SBI Flexicap Fund
Flexi Cap Fund
Flexi Cap Fund
Growth
Growth
23,168.43
23,168.43
SBI Funds Management Limited
SBI Funds Management Limited
4.37
4.37
3.64
3.64
13.63
13.63
0.84
0.84
0.10
0.10
10.95
10.95
16.SBI Midcap Fund
SBI Midcap Fund
Mid Cap Fund
Mid Cap Fund
Growth
Growth
23,036.04
23,036.04
SBI Funds Management Limited
SBI Funds Management Limited
3.07
3.07
-0.82
-0.82
16.83
16.83
0.86
0.86
0.10
0.10
12.85
12.85
17.SBI Short Term Debt Fund
SBI Short Term Debt Fund
Short Duration Fund
Short Duration Fund
Growth
Growth
17,441.94
17,441.94
SBI Funds Management Limited
SBI Funds Management Limited
1.96
1.96
8.51
8.51
7.98
7.98
0.40
0.40
-
-
0.96
0.96
18.SBI Magnum Low Duration Fund
SBI Magnum Low Duration Fund
Low Duration Fund
Low Duration Fund
Growth
Growth
16,746.15
16,746.15
SBI Funds Management Limited
SBI Funds Management Limited
1.66
1.66
7.68
7.68
7.66
7.66
0.43
0.43
-
-
0.47
0.47
19.SBI Magnum Ultra Short Duration Fund
SBI Magnum Ultra Short Duration Fund
Ultra Short Duration Fund
Ultra Short Duration Fund
Growth
Growth
14,505.33
14,505.33
SBI Funds Management Limited
SBI Funds Management Limited
1.58
1.58
7.27
7.27
7.39
7.39
0.35
0.35
-
-
0.34
0.34
20.SBI Nifty Index Fund
SBI Nifty Index Fund
Index Fund
Index Fund
Growth
Growth
11,312.47
11,312.47
SBI Funds Management Limited
SBI Funds Management Limited
5.24
5.24
7.28
7.28
12.61
12.61
0.19
0.19
0.20
0.20
11.98
11.98

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.

Selection criteria: AMC: SBI Funds Management Limited | AUM: Sorted from Highest to Lowest

What are SBI Mutual Funds?

SBI Funds Management Limited (SBIFMPL) is one of the premier asset management companies operating in India. It operates as a strategic joint venture, with the State Bank of India holding a commanding 63% stake and partnering with Amundi Asset Management, which holds the remaining 37%. SBI has an impressive track record spanning three solid decades in the fund management business. SBIFMPL’s total managed assets currently stand at over ₹11 lakh cr, based on official figures from September 2025.

Key Information About SBI Funds Management Ltd

Here are the key details about SBI Funds Management Ltd -

Category Details
Established 29th June, 1987
AMC Name SBI Funds Management Ltd
Ownership State Bank of India - 63%Amundi Asset Management - 37%
Assets Under Management ₹11,16,708 cr (as of Q2 FY25)
Number of Schemes 81 primary schemes
Physical Presence 222 locations across India
SIP Book Growth (2016–2021) Increased fivefold from ₹458 cr to ₹1,382 cr
Managing Director & CEO Mr. Nand Kishore
Chief Compliance Officer & Company Secretary Ms. Vinaya Datar
Chief Financial Officer Mr. Inderjeet Ghuliani
Deputy CEO Mr. D.P. Singh

Types of Funds Offered by SBI Mutual Fund

SBI Equity Funds

SBI's equity funds put money into stocks across different sectors and market caps, with the goal of growing your investment over time. As of May 2025, the fund house runs 13 equity schemes. You'll find large-cap funds, mid-cap funds, flexi-cap funds, thematic funds, and contra funds in the mix.

SBI Debt Funds

Debt funds from SBI invest mostly in fixed-income securities - bonds, government securities, and similar instruments. The focus here is on generating regular income while protecting your capital. SBI Mutual Fund has 12 debt schemes available, from liquid funds to long-duration bond funds.

SBI Hybrid Funds

Hybrid funds split investments between equity and debt. The idea is balancing growth potential with regular income. SBI Mutual Fund runs 4 hybrid schemes, which include the SBI Equity Hybrid Fund and SBI Balanced Advantage Fund.

SBI Passive Investment Solutions

These funds just track specific market indices rather than trying to beat them. It's a cheaper way to invest. SBI Mutual Fund has 9 passive schemes on offer - index funds, ETFs, and Fund of Funds.

SBI Solution-Oriented Schemes

Solution-oriented schemes target specific goals like retirement or your child's education. They're structured investments designed around these needs. SBI AMC currently has 2 schemes in this category - both versions of the SBI Magnum Children's Benefit Fund.

Overview Top SBI Mutual Fund Schemes

SBI Equity Hybrid Fund

SBI Equity Hybrid Fund puts roughly 74% into equities and 22% into debt instruments. The goal is long-term growth while keeping things liquid since it's open-ended. The fund balances risk by mixing high-growth equities with fixed-income securities.

SBI Liquid Fund

SBI Liquid Fund invests in money market and debt instruments with residual maturity up to 91 days. It's meant for parking money short-term, giving you access to a range of debt and money market securities without locking funds away for long.

SBI Large Cap Fund

The SBI Large Cap Fund invests in large-cap stocks from the Nifty 50 Index, targeting long-term capital growth. The approach blends growth and value investing styles, using both top-down and bottom-up methods when picking stocks.

SBI Contra Fund

The SBI Contra Fund follows a contrarian strategy; it looks for undervalued stocks that the market isn't excited about but might have strong growth ahead. The fund invests in a diversified portfolio of equity and equity-related securities with long-term appreciation in mind.

SBI Arbitrage Opportunities Fund

The SBI Arbitrage Opportunities Fund seeks to identify arbitrage opportunities in the cash and derivative segments of the equity markets. The aim is capital appreciation and regular income. It also puts money into debt and money market instruments to boost returns while keeping things liquid.

How to Invest in SBI Mutual Funds?

Here’s how you can identify and invest in top SBI Mutual Funds with Tickertape Mutual Fund Screener -

  1. Launch Tickertape Mutual Fund Screener.
  2. Add a filter “AMC” and select “SBI Funds Management Ltd”.
  3. Sort out the top SBI Mutual Funds based on over 50 fundamental and technical filters.
  4. After identifying the SBI mutual fund that aligns with your investment thesis, click on “Place Order” to invest in the SBI mutual fund.

With Tickertape Mutual Fund Screener, you can invest via ‘lumpsum’ or start a ‘SIP’ in SBI Mutual Funds. Moreover, by connecting your portfolio, you can do a deep analysis of your portfolio and assess its performance.

Top SBI Mutual Fund Managers

Nand Kishore

Mr Nand Kishore is the Managing Director & CEO of SBI Mutual Fund. He has over two decades of solid leadership experience in the financial services sector. Under his leadership, the fund house has experienced massive growth and consistently delivered substantial value to its investors.

Rajeev Radhakrishnan

Rajeev Radhakrishnan is the Head of Fixed Income and is actively managing a number of debt schemes for SBI AMC. His deep knowledge of the market means he's constantly working to optimise returns while seriously and effectively managing all the associated risks in the fixed income space.

Ardhendu Bhattacharya

Ardhendu Bhattacharya, another Head of Fixed Income, brings extensive experience in overseeing fixed income portfolios. He's a specialist in managing duration positioning and credit risk, always striving to strike the perfect balance between risk exposure and better returns.

Raviprakash

Raviprakash is a long-time employee with SBI Mutual Fund, dating back to 2011. He serves as the Head of Equity Dealing and is also a Fund Manager. He specialises in managing equity portfolios, especially large-cap investments, ensuring they remain perfectly aligned with key market indices.

Sukanya Ghosh

Sukanya Ghosh is the fund manager of the SBI Quant Fund, and she uses her strong background in quantitative analysis to manage the scheme. She implements highly structured, methodical, and data-driven strategies to inform every one of her investment decisions.

Risks Associated with SBI Mutual Funds

Market Fluctuations

Mutual funds, especially those that invest heavily in equities, are naturally exposed to the volatility of the stock market. When the markets decide to dive, the net asset value of your fund will probably decrease, which, obviously, hits your overall returns.

Credit Risk

If you happen to hold debt funds, there’s always this underlying, potential risk: the company or the government that issued the underlying bonds could straight-up default on its required payments. That kind of default would, unfortunately, mean a loss for the fund.

Interest Rate Risk

The performance of debt funds is sensitive to changes in prevailing interest rates. When interest rates rise, the market price of existing bonds typically falls, which can significantly reduce the valuation of the investments within those funds.

Liquidity Issues

Some funds may be holding assets that are genuinely difficult to sell quickly or at a fair price. This illiquidity issue can, in turn, make it tough for the investor to redeem their investment when they suddenly need that capital back.

Fund Manager’s Impact

The actual skill and expertise of the person running the fund (the fund manager) are absolutely critical for a mutual fund’s success. A significant, sudden change in management or a complete shift in the core strategy could result in unexpected and unwanted changes to the fund’s returns.

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Factors to Consider Before Investing in SBI Mutual Funds

Investment Goals

Different funds serve different purposes; some focus on steady income, others aim for growth, and some offer tax advantages. Before you pick a fund, it is good to be clear about what you're trying to achieve with your money.

Risk Tolerance

Not all mutual funds carry the same risk. Equity funds tend to swing more with market movements, while debt funds usually offer more stability. You can choose something that matches how comfortable you are with market ups and downs.

Fund Performance

Yes, past results don't guarantee future success, but looking at how a fund has performed historically still matters. It shows you how the fund handled different market conditions over the years.

Expense Ratio

Expense Ratio is what you pay annually for the fund's management. Higher fees eat into your returns, so it's worth comparing expense ratios when choosing between similar funds.

Fund Manager Expertise

The person managing the fund makes the investment calls that drive performance. Looking into their track record gives you a sense of their approach and whether it aligns with what you're looking for.

Documents Required to Invest in SBI Mutual Fund

Here are a few documents you may require to invest in SBI Mutual Funds

  1. Know Your Customer (KYC) Compliance
  2. Common Application Form
  3. Proof of Identity (PoI)
  4. Proof of Address (PoA)
  5. Proof of Bank Account
  6. Additional Documents for Specific Categories (e.g., Non-Individuals, HUF, Partnership Firms)
  7. NRI Investors: Overseas Address Proof, Bank Account Proof, FIRC/Banker’s Certificate

Note: For latest details visit SBI’s official AMC website.



Conclusion

SBI Mutual Funds offer plenty of choices, whether you're looking at equity funds for higher growth potential, debt funds for stability, or hybrid funds that balance both. The key is understanding what each fund offers and how it fits your personal situation, your timeline, risk appetite, and financial goals. To facilitate the comparison, you can utilise tools like the Tickertape Mutual Fund Screener. It lets you filter funds based on performance, expense ratios, risk levels, and other parameters.

Frequently Asked Questions About SBI Mutual Funds

  1. How to start SBI mutual fund SIP online?

    Here’s how you can start a SIP in SBI Mutual Funds,

    1. Launch Tickertape Mutual Fund Screener.
    2. Select the SBI Mutual Funds that aligns with your investment goals.
    3. Click on “Place Order” and select the option “SIP”. Enter the SIP amount and confirm “OK”

    Your order will be placed.

  2. How to calculate SBI mutual fund returns?

    Here’s how you can calculate returns on your SBI mutual fund investement -
    Absolute Return = ((Current NAV - Initial NAV) / Initial NAV) * 100

    With this formula you can measure how much your investment has grown in total. Moreover, you can also use Tickertape Mutual Fund Screener to get latest data on the SBI mutual fund’s performance.

  3. Does SBI offer tax-free mutual fund schemes?

    SBI Funds Management offers tax-saving options, particularly through its Equity Linked Savings Scheme (ELSS). While the returns are subject to long-term capital gains tax, these funds allow investors to claim tax deductions under Section 80C of the Income Tax Act.
    Disclaimer: You can check the latest information about SBI ELSS funds on Tickertape Mutual Fund Screener.

  4. How do I cancel/stop SBI mutual fund SIP?

    To cancel SBI mutual fund SIP, please refer to the official website.

    Disclaimer: Please do your own research or consult your financial advisor before making financial decision.

  5. How to withdraw money from SBI mutual funds?

    Here’s how to withdraw/redeem from SBI mutual fund on Tickertape Mutual Fund Screener -

    1. Step 1 - Select the SBI mutual fund you want to redeem
    2. Step 2 - It will automatically redirect you to smallcase app. There you’ve to login to your smallcase account using your registered email or broker login.
    3. Step 3 - Go to the “Investments” or “Portfolio” tab from the bottom navigation bar.
    4. Step 4 - Find the SBI mutual fund you want to withdraw under “Mutual Funds” section (or “My Investments”),
    5. Step 5 - Tap on the mutual fund name to open its details page.
    6. Step 6 - Choose the ‘Redeem’ option. It will start the withdrawal process.
    7. Step 7 - Select withdrawal type - By Amount, By Units, or Full Redemption.
    8. Step 8 - Confirm your bank account details.
    9. Step 9 - Tap on ‘Redeem’ / ‘Confirm’ to confirm redemption.

  6. What are the redemption charges of SBI mutual funds?

    SBI mutual funds do not levy any redemption charges. However, an exit load may apply if units are redeemed within a specified period from the date of investment. You can check the latest specific scheme details for charges on Tickertape Mutual Fund Screener.

  7. Which are the top-performing SBI mutual funds

    Here are the top SBI mutual funds based on their 5Y CAGR:

    1. SBI PSU Fund
    2. SBI Contra Fund
    3. SBI Infrastructure Fund
    4. SBI Midcap Fund
    5. SBI ELSS Tax Saver Fund

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. How to increase the SIP amount in SBI mutual funds?

    You can do it from your broker account or from SBI mutual fund official website.

  9. How to choose the best SBI mutual funds before investing?

    Here’s how to choose the best SBI mutual fund for investing -

    1. Assess your risk tolerance.
    2. Analyse the fund’s performance on Tickertape Mutual Fund Screener.
    3. Compare the expense ratio.
    4. Evaluate portfolio diversification across sectors, market caps, and asset classes.
    5. Understand tax implications as equity and debt funds are taxed differently.
    6. Check for exit load and lock-in period.


    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.