Mutual funds
SBI Mutual Fund, reviewed honestly.
India's largest fund house runs 88 schemes. We'll tell you which four we'd own and which one we'd skip — no commission-led shortlists.
₹12.55L Cr
Total AUM
8.7 Cr+
Investors
21.4%
Avg return, top funds (illustrative)
₹500
SIP starts from
~0.85%
Average expense ratio
#1
India's largest fund house
NAV updates daily at 11:30 PM IST
This month's honest shortlist
4 SBI funds worth your money (and 1 to avoid)
Total AUM across the house is 0 lakh crore, held by 8.7 crore+ investors. Scale is not the same as suitability — the fund still has to fit your horizon.
SBI Contra Fund
- NAV
- ₹385.42
- AUM
- ₹47,200 Cr
- 1Y
- +28.1%
- 3Y
- +26.4%
5Y return +25.7%
A genuinely contrarian mandate with a long record — and one of the lowest expense ratios in its category.
Model a SIP in this fundSBI Long Term Equity Fund (ELSS)
- NAV
- ₹412.85
- AUM
- ₹3,890 Cr
- 1Y
- +22.3%
- 3Y
- +19.8%
5Y return +21.4%
Tax deduction under the old regime plus a three-year lock-in that quietly enforces patience.
Model a SIP in this fundSBI Small Cap Fund
- NAV
- ₹128.74
- AUM
- ₹1,420 Cr
- 1Y
- +18.2%
- 3Y
- +24.6%
5Y return +27.8%
Strong long-term compounding, but the highest expense here and the sharpest drawdowns. Size the position accordingly.
Model a SIP in this fundSBI Bluechip Fund
- NAV
- ₹196.84
- AUM
- ₹38,500 Cr
- 1Y
- +16.4%
- 3Y
- +15.1%
5Y return +15.8%
The steady large-cap core. Not exciting, and that is precisely the point.
Model a SIP in this fundSBI Thematic Momentum-style Fund (illustrative)
- NAV
- ₹21.05
- AUM
- ₹2,310 Cr
- Expense
- 2.18%
- 1Y
- +24.8%
- 3Y / 5Y
- +11.4% / +9.6%
A flattering one-year number sitting on weak three- and five-year risk-adjusted returns, with a 2.18% expense ratio doing the rest of the damage. This is a caution about cost and timing, not a judgement on the fund house.
Browse all 88 SBI mutual funds
Equity, debt, hybrid, index, ELSS and solution-oriented schemes — 88 in total across the house. Filter by category, expense ratio and horizon rather than by last year's chart.
36
Equity schemes
28
Debt schemes
24
Hybrid, index & other
SIP calculator
See what ₹5,000 a month could become over 10 years at different return assumptions — and how much of it is your own money versus growth.
Open SIP calculator →Taxation
How mutual fund gains are taxed
Current rules, stated plainly. Confirm with your CA for your own situation.
Equity funds — short term
Units sold within 12 months: gains taxed at 20%.
Equity funds — long term
Held over 12 months: gains above ₹1.25 lakh a year taxed at 12.5%.
Debt funds
All gains taxed at your income-tax slab rate, regardless of holding period.
ELSS
Deduction up to ₹1.5 lakh under Section 80C (old regime), with a three-year lock-in.
How to invest
Three steps, start to SIP
Step 1
Complete KYC
PAN, Aadhaar and a bank account. One-time, usually done the same day.
Step 2
Pick fund and mode
Lumpsum or SIP from ₹500. Choose direct plans where you're doing your own research.
Step 3
Automate and review
Set the SIP mandate, then review once or twice a year — not once a week.
Peer comparison
SBI against the other large fund houses
Scale, breadth and average cost — figures illustrative.
| Fund house | AUM | Schemes | Avg expense |
|---|---|---|---|
| SBI Mutual Fund | ₹12.55L Cr | 88 schemes | ~0.85% |
| ICICI Prudential MF | ₹8.90L Cr | ~120 schemes | ~0.95% |
| HDFC Mutual Fund | ₹7.80L Cr | ~100 schemes | ~0.92% |
| Nippon India MF | ₹6.20L Cr | ~95 schemes | ~0.88% |
NAVs, AUM figures, expense ratios and all returns on this page are illustrative. Past performance is not indicative of future results. Mutual fund investments are subject to market risk — read all scheme documents carefully. StockWitty is a distributor, not a SEBI-registered investment adviser.