SBI Mutual Fund
|Date of setup||June 29, 1987|
|Sponsor(s)||State Bank of India|
|Address||9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051|
|Tel||022 - 61793000|
|Fax||022 - 67425687|
Why Choose SBI Mutual Fund?
Safety: SBI Mutual Fund schemes are one of the country’s trusted and reliable fund schemes.
Tax benefits: Saving tax is easier with SBI Mutual Fund. The company provides Equity Linked Savings Scheme for investors to save tax.
Capital appreciation: Investing in SBI Mutual Fund can give you a capital appreciation for low risk as well.
Domestic and offshore fund management: SBI Mutual Fund has expertise in managing both domestic and offshore funds.
NRI investment: SBI Mutual Fund allows NRIs to invest in its mutual funds.
Types of Funds Offered
Equity Fund: The main focus of these equity funds by SBI Mutual Fund is to act as an investment instrument that is easily accessible to large sections investors and provide long term capital gains. SBI Mutual Fund offers both domestic as well as offshore funds. There are different sub-categories of equity funds such as ELSS, thematic funds, index funds, sectoral funds, etc. Some of the popular fund schemes in this category are SBI Magnum Midcap Fund, SBI Magnum Multicap Fund, SBI Bluechip Fund, and SBI Magnum Equity ESG Fund among others.
Debt Fund: SBI Mutual funds offer 11 different types of debt fund schemes under this category. These funds mainly invest in government bonds, corporate bonds, commercial paper, and government securities. These funds provide an good option for regular and steady income as it offers returns in the form of interest generated on the investment. Some of the popular SBI Mutual Fund schemes in the debt category are SBI Magnum Income Fund, SBI Overnight Fund, and SBI Magnum Medium Duration Fund among others.
Fund of Funds: In this type fund schemes, the money is invested into different schemes of other mutual funds. SBI Mutual Fund offers only a single such fund scheme called SBI Gold Fund.
Exchange Traded Funds: ETFs invest in wide range of stocks and securities. SBI Nifty Index Fund, SBI ETF Gold, and SBI ETF Sensex are some of the popular names across the category.
Hybrid Funds: Hybrid funds have an investment objective to give optimum returns to the investors by having a perfect balance of different asset classes in the portfolio. It can be either debt-hybrid where the prime focus is on investing in debt instruments or it can be equity-hybrid where the prime focus is investing on equity instruments. There can be a different asset allocation as per the investment need of an investor. SBI Equity Hybrid Fund, SBI Debt Hybrid Fund, SBI Multi Asset Allocation Fund, and SBI Arbitrage Opportunities Fund are some of the popular names in this category.
Fixed Maturity Plan: These plans are close-ended funds and have a fixed date(s) of maturity. The money is mainly invested in debt and money market vehicles. SBI MF offers a wide range of plans in this category of funds.
Fund Managers at SBI Mutual Fund
MR. NAVNEET MUNOT, Executive Director & Chief Investment Officer:Navneet has more than 24 years of rich experience in Financial Markets. He is now responsible for overseeing investments worth over USD 40 billion across various asset classes in mutual fund and segregated accounts. He holds a postgraduate degree in Accountancy and Business Statistics. He is also qualified a CA, CFA, and FRM.
MR. R SRINIVASAN, Head of Equity:R Srinivasan is now the Head of Equity and also directly manages a number of funds. He has an experience of over 25 years. Srinivasan is a post graduate in Commerce and has an MFM degree from the University of Mumbai
MR. RAJEEV RADHAKRISHNAN, Head of Fixed Income & Fund Manager:Rajeev currently heads the Fixed Income desk at the AMC. He has an degree of Engineering and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA.
Ms. Sohini Andani, Fund Manager:Sohini joined SBIFM as Head of Research in 2007 and was subsequently promoted as a portfolio manager in 2010. Sohini has 11 years of experience in research on the sell side. She is a Commerce graduate from Mumbai University and a Chartered Accountant from ICAI.
Mr. Richard D’Souza, Fund Manager:Richard currently manages thematic funds at SBIMF. He has an overall experience of over 17 years. He is a Science graduate from Mumbai University.
Ms. Nidhi Chawla, Fund Manager:Nidhi holds the degree of Bachelor in Business Studies from CBS, Delhi University and holds a Masters’ Degree in Economics from University of Delhi. She is also a Charter holder of the CFA Institute, USA.
Mr. Shashank Tulsyan, Fund Manager:Shashank holds a Bachelor’s degree in Management Studies from Mumbai University and is a CFA charter holder. He now works as an analyst and fund manager at SBIMF.
Mr. Saurabh Pant, Fund Manager:Saurabh is a Commerce graduate and holds Masters Degree in Business Economics from University of Delhi.
Mr. Tanmay Desai, Fund Manager:Ruchit is a Commerce graduate from University of Mumbai and holds Master’s Degree in finance from Lancaster University, UK. He is also a Charter holder of the CFA Institute, USA
Mr. Dinesh Ahuja, Fund Manager:Dinesh started his career in 1998 as a fixed income dealer on the sell side. He has an overall experience of over 15 years. Dinesh is a Commerce graduate and holds a Masters degree in Finance from Mumbai University.
Mr. R Arun, Fund Manager:Arun is a commerce graduate from Mumbai University and holds Masters in Finance degree from Mumbai Education Trust. He is also a FRM Charter holder of Global Association of Risk professionals (GARP).