SBI Mutual Fund – Schemes, SIP, NAV & Guide

SBI Mutual Fund – Complete Guide 

SBI Mutual Fund: Overview, Benefits & How It Works

SBI Mutual Fund is one of the most trusted AMCs in India, offering a wide range of mutual fund schemes for every type of investor. Sponsored by the State Bank of India, it manages equity, debt, hybrid, index funds, and exchange-traded funds. With decades of experience and a wide distribution network across India, SBI Mutual Fund (SBIMF) provides simple digital platforms, learning resources, and strong investor services that make mutual fund investing accessible for both beginners and experienced investors.

What Is SBI Mutual Fund?

SBI Mutual Fund is the mutual fund arm of the State Bank of India, managed by SBI Funds Management Limited. It operates under the regulations of SEBI and caters to retail, HNI, and institutional investors. The AMC manages hundreds of open-ended and close-ended schemes across categories like equity, hybrid, debt, and passive solutions. 

Backed by SBI’s trust and global investment expertise from its joint venture with Amundi Asset Management, it has become a household name in Indian investing.

Why Choose SBI Mutual Fund?

There are several reasons why SBI Mutual Fund is a popular choice among investors:

  • Trust & Legacy – Backed by the State Bank of India, India’s largest bank.

  • Wide Reach – Investor service centers across the country, plus digital platforms like SBIMF app and YONO SBI.

  • Learning Resources – Tutorials, calculators, and podcasts through SBIMF’s Investor Education Hub.

  • Support & Grievance Redressal – Dedicated customer service and escalation channels to resolve investor issues effectively.

SBI Mutual Fund SIP

SBI Mutual Fund Categories & Scheme Types

SBI Mutual Fund offers schemes across all major categories:

  • Equity Funds – For long-term capital growth (e.g., SBI Bluechip Fund, SBI Small Cap Fund).

  • Debt Funds – For income generation with lower risk (e.g., SBI Liquid Fund, SBI Corporate Bond Fund).

  • Hybrid Funds – Balanced mix of equity and debt for moderate risk.

  • Passive Funds – Index funds, ETFs, and Fund-of-Funds (e.g., SBI Nifty 50 Index Fund).

  • Solution-Oriented Funds – Retirement funds, children’s investment plans, etc.

Each category serves a different investor profile, based on goals, risk tolerance, and time horizon.

How to Invest in SBI Mutual Fund

You can invest in SBI Mutual Fund in multiple ways:

  1. Online via SBIMF website or InvesTap app – Create an account, complete e-KYC, and start investing.

  2. YONO SBI app – Direct investment option through SBI’s official mobile banking app.

  3. Offline – Submit forms at SBI Mutual Fund branches, Points of Acceptance (PoAs), or through registered distributors.

The online process is paperless, quick, and convenient for most investors.

KYC & “Get Investment Ready” Checklist

Before investing, ensure you have:

  • PAN Card & Aadhaar (mandatory for KYC).

  • e-KYC completion through KRA (KYC Registration Agency).

  • Bank Account & Folio Number to manage your investments.

Once KYC is done, you can invest in any SBI Mutual Fund scheme of your choice.

Popular Ways to Invest: SIP, Lumpsum, STP, SWP, Top-Up SIP

  • Systematic Investment Plan (SIP): Invest a fixed amount every month.

  • Lumpsum: One-time investment for surplus funds.

  • Systematic Transfer Plan (STP): Transfer from one scheme to another periodically.

  • Systematic Withdrawal Plan (SWP): Regular withdrawals, useful for retirees.

  • Top-Up SIP: Increases your SIP contribution automatically at chosen intervals.

These options allow flexible investing based on financial goals.

SBI Mutual Fund Schemes Examples (Illustrative)

Some popular SBI Mutual Fund schemes include:

  • Equity Funds: SBI Bluechip Fund, SBI Small Cap Fund, SBI Focused Equity Fund.

  • Debt Funds: SBI Liquid Fund, SBI Corporate Bond Fund.

  • Hybrid Funds: SBI Equity Hybrid Fund, SBI Dynamic Asset Allocation Fund.

  • Tax-Saving Fund (ELSS): SBI Long Term Equity Fund (eligible for Section 80C).

  • Passive Funds: SBI Nifty 50 Index Fund, SBI Gold Fund.

(Note: This is for educational purposes only. Always review latest factsheets before investing.)

Costs & Key Documents (Expense Ratio, Exit Load, Tax Proofs)

Every mutual fund investment comes with:

  • Expense Ratio – Annual fund management charges.

  • Exit Load – Fee for early redemption.

  • Statements – You can download Account Statements, Capital Gains Statements, and Tax Proofs from the SBIMF portal.

Tracking, Statements & NAV

  • NAV (Net Asset Value): Updated daily on the SBI Mutual Fund website.

  • Account Statement: Can be downloaded anytime through login.

  • Capital Gains Statement: Useful for filing taxes.

Tax Basics for SBI Mutual Fund Investors

  • Equity Funds: Long-term (>1 year) taxed at 10% beyond ₹1 lakh; short-term at 15%.

  • Debt Funds: Post-2023 changes, taxed as per slab for most categories.

  • ELSS Funds: Eligible for Section 80C deduction up to ₹1.5 lakh.

(Consult a tax professional for personalized advice.)

Safety, Risk & Suitability

  • SEBI Regulated – All mutual funds, including SBI MF, are under SEBI guidelines.

  • Risk-O-Meter – Every scheme has a risk label (low to very high).

  • Suitability – Match scheme with your goals, risk appetite, and time horizon.

NRI Investing in SBI Mutual Fund

Non-Resident Indians (NRIs) can invest in SBI Mutual Fund by:

  • Completing KYC using NRI-specific documents.

  • Investing through NRE/NRO accounts.

  • Using the dedicated NRI Corner on SBI Mutual Fund’s website.

Recent Mentions in News/Markets

SBI Mutual Fund has consistently featured in financial news, often due to its scale and participation in large equity transactions. This reflects the growing role of domestic AMCs in India’s capital markets.

Frequently Asked Questions (FAQs)

1. Is SBI Mutual Fund good for beginners?
Yes. It offers learning resources, calculators, and simple SIP options suitable for first-time investors.

2. How do I start SIP in SBI Mutual Fund?
Register on SBIMF’s website/app, complete e-KYC, and choose a scheme.

3. Can I invest in SBI Mutual Fund via YONO?
Yes. YONO SBI has a direct mutual fund investment section.

4. What documents are needed for KYC?
PAN, Aadhaar, and bank details are required.

5. Which SBI Mutual Fund is best in 2025?
No single “best” fund exists. The choice depends on your goals and risk appetite.

6. What is Top-Up SIP?
It allows you to increase your SIP amount automatically at set intervals.

7. How do I download my SBI Mutual Fund statement?
Login to the SBIMF portal → Go to “Statements” → Select Account/Capital Gains.

8. Are SBI Liquid Funds better than FDs?
They offer higher liquidity and market-linked returns, but not guaranteed like FDs.

9. How to raise a complaint with SBI Mutual Fund?
Use the grievance redressal system available on SBIMF’s official website.

10. Can NRIs invest in SBI Mutual Fund?
Yes, through the NRI Corner and by using NRE/NRO accounts.

Conclusion

SBI Mutual Fund combines the trust of SBI with global expertise, offering a wide variety of schemes for every type of investor. From SIPs and lumpsum investments to passive index funds and tax-saving ELSS, SBI Mutual Fund provides reliable solutions. However, the choice of scheme must always align with your goals, risk profile, and investment horizon.

Disclaimer: This article is for informational and educational purposes only. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a financial advisor before investing.

Tags: Mutual Fund, SBI