SBI Mutual Fund

Top Performing SBI Mutual Fund

About SBI Mutual Fund

SBI Mutual Fund is one of India’s largest and most trusted asset management companies. Established on June 29, 1987, it is managed by SBI Mutual Fund Trustee Company Private Limited, set up under the Indian Trust Act of 1882. The fund is a joint venture between the State Bank of India, the country’s largest public sector bank, and Amundi, a leading French asset management company.

With a legacy of innovation, SBI Mutual Fund has several milestones to its name—it was the first to launch a ‘Contra’ fund in India and the first to introduce an ESG fund, promoting sustainable investing. It also acquired Daiwa Mutual Fund in 2013 and marked a significant step in 2015 when EPFO invested ₹5,000 crore via its Sensex ETFs.

As of March 2024, SBI Mutual Fund manages assets worth ₹49,394.17 Crore and stands among the top mutual fund houses in India, regulated by SEBI.

Key Information About SBI Mutual Fund

What are the Documents Required for SBI Mutual Fund?

The following documents are required to invest in SBI Mutual Funds:

1. Proof of Identity

   • Bank Passbook with photo

   • Aadhaar Card

   • Driving License

   • Passport

   • Voter ID Card

   • PAN Card

   • Post Office Passbook with photo

2. Proof of Address

   • Aadhaar Card

   • Driving License

   • Bank Account Statement/Passbook maximum 3 months old

   • Passport

   • Voter ID Card

   • Utility bills like Gas bill, Telephone bill (only landline) or Electricity bill, maximum 3 months old

SBI Mutual Fund Top Fund Managers

SBI Mutual Fund’s impressive growth and investor trust are backed by a team of visionary leaders and fund managers. Here’s a look at the key people driving its continued success:

Mr. D.P. Singh – Executive Director & CMO (Domestic Business)

Associated with SBI since 1998, Mr. Singh has played a major role in establishing SBI Mutual Fund’s footprint across India. With a strong background in sales, marketing, and retail banking, he has successfully bridged the gap between rural and urban investor segments.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Ms. Aparna Nirgude – Chief Risk Officer

Ms. Nirgude has been with SBI MF since 2005. With prior experience as the Research Head and in investment management, she ensures the fund maintains its performance while mitigating risk exposure.

Mr. Nicholas Simon – Deputy CEO

On deputation from the Amundi Group, Mr. Simon brings international banking and real estate expertise to the table. Since 2015, he has helped align SBI Mutual Fund with global standards, leveraging his deep understanding of global market dynamics.

Mr. Rahul Mayor – Chief Investor Relations Manager

With over 19 years of experience in retail banking and analytics, Mr. Mayor has strengthened investor relations and distributor partnerships since joining SBI MF in 2017. His insights continue to enhance investor confidence and engagement.

Mr. R.S. Srinivas Jain – Executive Director & CMO (Strategy & International Business)

Mr. Jain has more than three decades of experience in financial services. Under his leadership, SBI Mutual Fund has become one of the most recognised and awarded mutual fund brands in India, especially in international and strategic business segments.

Mr. Ashwani Bhatia – MD & CEO

Starting his journey with SBI as a Probationary Officer in 1985, Mr. Bhatia now leads SBI Mutual Fund as its MD & CEO. His vast experience in credit, treasury, and retail banking brings strength and strategic direction to the organisation.

How to Calculate SIP Returns from SBI Mutual Fund Schemes?

To assess the potential returns from your SIP investments in SBI Mutual Fund schemes, you can use the Policybazaar SIP calculator.

All you need to do is input the following details in the SIP calculator:

• Investment Amount

• Investment Duration

• Expected Rate of Return

• Frequency of Investment (weekly/ monthly/ quarterly/half-yearly/ annually)