List of the Top SBI SIP Mutual Funds (2025)
SBI Mutual Fund, established in 1987, is one of India’s largest and oldest mutual fund houses. It is a joint venture between State Bank of India (SBI) and Amundi Asset Management. SBI Mutual Fund’s Systematic Investment Plans (SIPs) have gained popularity for helping investors meet their long-term financial goals. With consistent performance, investing in SBI Mutual Fund’s SIP plans has proven to be a wise choice for many. In this blog, we will explore the best SBI mutual funds for long-term SIP investments, covering their features, benefits, and how you can invest in it.
Top SBI Mutual Fund SIP Investments Based on 3Y- CAGR
| Name | Sub Category | AUM (Rs. in cr.) | CAGR 3Y (%) | SIP Investment | Expense Ratio (%) |
|---|---|---|---|---|---|
| SBI Gold | FoFs - Gold | 7,033.41 | 34.79 | Allowed | 0.1 |
| SBI PSU Fund | Thematic Fund | 5,521.37 | 32.08 | Allowed | 0.85 |
| SBI Healthcare Opp Fund | Sectoral Fund - Pharma & Health Care | 3,933.26 | 27.39 | Allowed | 0.91 |
| SBI ELSS Tax Saver Fund | Equity Linked Savings Scheme (ELSS) | 30,419.61 | 25.64 | Allowed | 0.95 |
| SBI Magnum Children's Benefit Fund-Investment Plan | Solution Oriented - Children's Fund | 4,419.64 | 24.68 | Allowed | 0.85 |
| SBI Nifty Midcap 150 Index Fund | Index Fund | 905.27 | 23.39 | Allowed | 0.4 |
| SBI Infrastructure Fund | Sectoral Fund - Infrastructure | 4,785.16 | 23.33 | Allowed | 1.07 |
| SBI Nifty Smallcap 250 Index Fund | Index Fund | 1,496.75 | 22.54 | Allowed | 0.4 |
| SBI Contra Fund | Contra Fund | 47,205.42 | 21.82 | Allowed | 0.75 |
| SBI Banking & Financial Services Fund | Sectoral Fund - Banks & Financial Services | 8,693.07 | 21.16 | Allowed | 0.77 |
Note: The list of top SBI mutual funds 2025 for SIP is from 15th October 2025, and the data is derived from Tickertape Mutual Fund Screener, using the following filters:
- Plan: Growth
- SIP Investment: Allowed
- AMC: SBI Funds Management
- 3Y CAGR: Sorted from Highest to Lowest
🚀 Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
Overview of the Best SBI Mutual Fund SIP Investments
SBI Gold
SBI Gold Fund is an open-ended fund of funds scheme that seeks returns closely corresponding to those of the underlying gold ETF, primarily investing in a gold ETF and related instruments.
SBI PSU Fund
SBI PSU Fund is an open-ended equity thematic scheme focusing on publicly-owned enterprises (PSUs) and related instruments, aiming for long-term capital growth via a diversified basket of PSU stocks.
SBI Healthcare Opportunities Fund
SBI Healthcare Opportunities Fund is a sector-specific equity scheme investing primarily (at least ~80 %) in shares of pharmaceutical & healthcare companies, seeking long-term capital appreciation in the healthcare space.
SBI ELSS Tax Saver Fund
SBI ELSS Tax Saver Fund is a tax-saving equity scheme (equity linked savings scheme) that qualifies for tax deduction under Indian law; it invests in equities and related instruments aiming for long-term growth while offering tax benefit.
SBI Magnum Children’s Benefit Fund-Investment Plan
SBI Magnum Children’s Benefit Fund (Investment Plan) is a solution-oriented mutual fund scheme designed to build a corpus for children’s future goals, typically combining equity and possibly hybrid assets over a long horizon.
How to Invest in SBI Mutual Fund SIP Investment?
You can easily invest in SBI mutual fund SIP online by following these steps:
- To invest in mutual funds, you can visit an equity investment platform such as smallcase or Tickertape.
- The next step would be to research and identify the best SBI mutual fund SIP to invest in which aligns with your investment thesis. You can easily select and learn more about the best SBI mutual fund SIP with the help of a financial tool like the Tickertape Mutual Fund Screener. With 50+ pre-loaded filters, it helps you to create a comprehensive list by giving insights about the fund’s performance and allowing you to conduct fund performance comparisons. Try it now!
Once you have selected the funds based on different metrics and parameters, go to smallcase.com or the smallcase app, and login via your phone number. Click on ‘Discover‘ and enter the name of the specific mutual fund in the search bar and hit enter. You can click on ‘invest now’ and select whether you want to invest a lump sum amount or start an SIP!
However, if you’re confused about which stocks to pick, you can explore smallcases:
- smallcases are readymade model portfolios of stocks/ETFs, that are based on a theme idea or strategy
- They’re created and managed by SEBI-registered investment experts (also known as smallcase managers)
- smallcase offers over 500+ stock portfolios, created by 200+ managers
Here are a few popular smallcases among new investors:
Disclosures for aforementioned smallcases
What are SBI Mutual Fund SIP Investments?
SBI Systematic Investment Plan is a disciplined investment approach for wealth creation through SIP. By committing to regular contributions at intervals of your choosing—be it weekly, monthly, or quarterly, you can invest in a planned manner. Thus, SBI Mutual Fund SIP Investments offer a unique and adaptive route to financial success.
What is the Importance of SBI Mutual Fund SIP Investments?
Investors set specific investment goals to combat inflation, grow income, and manage current earnings. These goals differ based on individual needs and future aspirations.
An SBI Mutual Fund SIP, available both online and offline, is a useful tool for achieving long-term financial goals, like retirement planning, and short-term objectives, such as marriage, a home down payment, or a child’s education. Through a systematic investment approach, SBI SIP plans help individuals easily reach their financial milestones.
Features of SBI Mutual Fund Plans for SIP Investments
Here are key features to consider:
Diverse Fund Options
Top SBI MF fund for SIP for wealth creation present a diversified portfolio of funds, catering to varying risk appetites and investment goals. Investors can align their SIP with their financial objectives, from equity to debt funds.
Robust Performance Tracking
The SBI Mutual Fund Houses platform offers comprehensive tools for tracking fund performance. Investors can easily monitor the NAV fluctuations, ensuring transparency and informed decision-making.
Systematic Transfer Plans (STP)
SBI SIP Plan for Mutual Funds allows investors to leverage Systematic Transfer Plans for added flexibility. This feature enables seamless transfers between fund schemes, optimising investment strategies based on market conditions.
Professional Fund Management
SBI mutual fund SIP investments are managed by experienced professionals who employ rigorous research and analysis. This ensures the fund’s investment decisions align with market trends and potential opportunities.
Low Minimum Investment
SBI Mutual Funds have a low minimum investment requirement for SIPs, making it accessible for investors with varying budgets. This flexibility enables individuals to start their investment journey with a reasonable commitment.
Rupee Cost Averaging Benefits
The fluctuating NAV in SIP investments under SBI Mutual Funds allows investors to benefit from rupee cost averaging. This strategic approach minimises the impact of market volatility over time, potentially enhancing overall SBI SIP investment plans.
Online Access and Convenience
Investors can conveniently manage their SIPs through the user-friendly online platform provided by SBI Mutual Funds. This digital accessibility simplifies the investment process, allowing investors to make informed decisions conveniently.
Benefits of Investing in the Best Mutual Funds for SIP
Embark on a journey of financial growth with SBI Mutual Fund SIP investments. Here are a few benefits of the best mutual funds for SIP investments at SBI:
- Disciplined Investing: SBI SIP ensures disciplined investment by allowing individuals to commit a fixed amount at regular intervals, catering to both short-term and long-term financial goals.
- Flexible Investment Tenure: Tailor your investment experience with SBI SIP. They offer flexibility in choosing the terms of investment in mutual funds for SIP, starting from a minimum of 6 months, and adjusting periods as needed.
- Investment Amount Flexibility: With a minimum investment limit of Rs. 500, SBI SIP provides flexibility in investment amounts. Investors can participate in multiple schemes simultaneously and adjust contributions based on their preferences.
- Long-term Growth Benefits: Initiate SBI SIP early to leverage the power of compounding. With long-term investments primarily in equities, SBI SIP aims for long-term capital appreciation, overcoming market fluctuations for sustained financial growth.
How to Choose the Best SIP Plans in SBI?
Selecting the right SBI Mutual Funds for your SIP investments requires a strategic approach. Here are key considerations to guide your decision-making process:
Define Your Financial Goals
Clearly outline your financial objectives, whether it’s wealth accumulation, retirement planning, or specific short-term goals. Aligning your goals with the objectives of SBI mutual fund investment is essential.
Risk Tolerance Assessment
Evaluate your risk tolerance level before investing in SBI SIP monthly investment plans for retirement, wealth accumulation etc. If you are risk-averse, opt for funds with a conservative approach, while those comfortable with higher risk may explore SBI equity mutual funds, including tax-saving mutual funds.
Fund Manager Expertise
Assess the experience and track record of the fund manager. A seasoned manager with a successful history can instil confidence in the fund’s management.
Expense Ratio
Consider the expense ratio, which represents the annual fees charged by the fund. Lower expense ratios contribute to higher SBI mutual funds SIP returns for investors.
Diversification Strategy
Examine the fund’s portfolio diversification across sectors and industries. A well-diversified fund can mitigate risks associated with specific market movements.
Exit Load and Liquidity
Be aware of the fund’s exit load, a fee charged for redeeming units within a specified period. Additionally, ensure the fund offers sufficient liquidity for easy redemption when needed.
Returns
Consider using the smallcase SBI SIP calculator. With the help of the SBI SIP Calculator offered by the State Bank of India (SBI), you can calculate the potential risk-adjusted returns on SIP mutual fund schemes.
Risks of Investing in the Best SBI Mutual Fund SIP Investment
- Market Volatility: SBI SIPs, including high return mutual funds for SIP in SBI, are subject to market fluctuations. NAV variations impact returns, introducing an element of uncertainty.
- Unit Quantity Variability: Changing NAV levels affect the number of units acquired per SIP instalment. “Rupee cost averaging” may influence the overall investment strategy of even the best SBI funds for long-term SIP.
- External Influences: Economic factors, industry trends, and global events impact fund performance of even SBI mutual funds with highest returns. Investors need to stay informed about external factors affecting their SBI SIP mutual fund schemes.
- Dynamic Nature of NAV: NAV is dynamic, posing challenges in predicting fund values. Requires proactive monitoring and adjustment of SIP strategies with SBI mutual funds.
- Diversification Challenges: Achieving a balanced portfolio with the best SBI mutual funds requires careful selection. Ensuring diversification is challenging due to market dynamics and fund-specific factors.
- Performance Evaluation: Regular evaluation of fund performance is essential. Investors must assess whether the chosen funds align with their long-term financial goals.
- Liquidity Considerations: Liquidity constraints may impact the ease of redeeming investments. Investors need to consider the liquidity of their chosen best SIP mutual funds by SBI.
Top SBI Mutual Fund Managers
Here is a list of Top SBI Fund Managers:
| Name | Type of Fund | Number of Mutual Fund Schemes |
| R Srinivasan | Equity | 9 |
| Sohini Andani | Equity | 2 |
| Richard D’Souza | Equity | 5 |
| Dinesh Balachandran | Equity | 3 |
| Anup Upadhyay | Equity | 6 |
| Nidhi Chawla | Equity | 4 |
| Saurabh Pant | Equity | 2 |
| Tanmaya Desai | Equity | 1 |
| Ruchit Mehta | Equity | 12 |
| Milind Agarwal | Equity | 1 |
| Gaurav Mehta | Equity | 5 |
| Neeraj Kumar | Equity | 2 |
| Rajeev Radhakrishnan | Debt | 18 |
| Dinesh Ahuja | Debt | 13 |
| R. Arun | Debt | 14 |
| Mansi Sajeja | Debt | 3 |
| Lokesh Mallya | Debt | 3 |
Taxation on SBI SIP Mutual Funds After the Union Budget for 2024-25
It is important for investors interested in SBI SIP mutual funds to understand the significant changes made to the taxation rates during the Union Budget 2024-25. Here are a few changes made to capital gain tax rates that may apply to your equity, hybrid and debt mutual fund investments:
Equity Mutual Funds
- Short-Term Capital Gains (STCG): The gains from equity mutual funds, including from the top SBI funds for tax saving, held for less than 12 months are now taxed at 20%. This is an increase from the previous tax rate of 15%.
- Long-Term Capital Gains (LTCG): For equity mutual funds held for over a period of over 12 months, gains are classified as long-term capital gains. The new budget introduces these key changes to the LTCG:
- Tax-Free Limit: The capital gains up to Rs. 1.25 lakh per year are tax-free. This is an increase from the previous limit of Rs. 1 lakh.
- Tax Rate: The gains exceeding Rs. 1.25 lakh are now taxed at a flat rate of 12.5%. This is an increase from the previous rate of 10%.
- Indexation: The benefit of indexation, which allowed investors to adjust the purchase price for inflation, has been removed for all asset classes, including equity mutual funds.
Indexation was a method that allowed investors to adjust the purchase price of assets for inflation. This adjustment reduced taxable profits when selling assets like property or gold. Previously, these long-term capital gains were taxed at 20%. The new rule imposes a flat 12.5% tax on all long-term capital gains but eliminates any indexation benefits.
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 12 months | 15% | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 10% | 12.50% |
Debt Mutual Funds
- Short-Term Capital Gains (STCG): If you sell your debt fund units within a period of 36 months, the gains are classified as short-term capital gains. The STCG will be taxed according to your income tax slab rate.
- Long-Term Capital Gains (LTCG): For SBI debt funds SIP held for a period over 36 months, the gains are classified as long-term capital gains. The new budget outlines a few changes on the LTCG for debt funds including:
- Tax Rate: A flat 12.5% tax rate applies to these gains.
- No Indexation Benefit: The previous benefit of adjusting the purchase price for inflation is removed. Now, the entire gain after three years is taxable at 12.5%.
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 36 months | Taxed according to your income tax slab | Taxed according to your income tax slab |
| Long-Term Capital Gains (LTCG) | More than 36 months | 10% | 12.50% |
Hybrid Mutual Funds
Short-Term Capital Gains (STCG)
The tax on short-term capital gains depends on the fund’s asset allocation when it comes to hybrid mutual funds. Here is a breakdown of STCG tax rates according to their asset allocation in hybrid funds:
- Equity-Oriented Hybrid Funds (more than 65% in equity): The gains from units sold within 12 months are taxed at 20%.
- Debt-Oriented Hybrid Funds (less than 65% in equity): The gains from units sold within three years are taxed according to your income tax slab.
Long-Term Capital Gains (LTCG)
The capital gains tax on hybrid mutual funds that extend the specified period (12 or 36 months) is known as the long-term capital gain tax. The tax treatment under this condition is as follows:
- Equity-Oriented Hybrid Funds: The gains from units held for over a period of 12 months are taxed at 12.5%. The gains up to Rs. 1.25 lakh are tax-free.
- Debt-Oriented Hybrid Funds: The gains from units held for over a period of 36 months are taxed at 12.5% without indexation benefits. This means the entire gain is taxed at this rate, without adjustment for inflation.
| Type of Hybrid Fund | Short-Term Capital Gains (STCG) | Long-Term Capital Gains (LTCG) | Indexation Benefit |
| Equity-Oriented Hybrid Funds | 20% for holdings less than 1 year | 12.5% for holdings over 1 year, with gains up to Rs. 1.25 lakh tax-free | Not available |
| Debt-Oriented Hybrid Funds | Taxed as per income tax slab for holdings less than 3 years | 12.5% for holdings over 3 years | Not available |
Factors Influencing SIP in SBI Funds
Here are a few factors that you should consider before investing in SBI SIP schemes:
- Market Conditions: Evaluate the current market scenario, economic trends, and potential impacts on AMC mutual funds. Market fluctuations can influence the performance of even the top mutual funds for SIP in SBI.
- Fund Selection: You can choose high return SBI mutual funds that align with your financial objectives. Factors such as fund performance, expense ratios, and historical trends should guide your selection process.
- Asset Allocation: To mitigate risk, diversify your portfolio across various asset classes. SBI SIP provides options for equity, debt, and hybrid funds, enabling strategic asset allocation.
- Cost Considerations: Understand the costs associated with investing in an SBI mutual fund SIP, including entry and exit loads. Opt for funds with cost structures that align with your investment strategy.
- Performance Track Record: While past performance isn’t a guaranteed indicator of future returns, it serves as a valuable gauge of the SBI mutual fund’s historical performance. A consistent track record of delivering returns in various market conditions enhances the fund’s credibility.
To Wrap It Up…
In conclusion, exploring the SBI Mutual Fund SIP investments reveals a range of options, each with its unique features, benefits, challenges, and influencing factors. Our list of the best SBI SIP funds in India offers investors an array of choices to align with their financial goals and risk tolerance. As with any investment, it is crucial for individuals to conduct thorough research, consider their financial objectives, and remain vigilant to market dynamics.
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Frequently Asked Questions (FAQs) on SBI Mutual Fund SIP Investment
Based on the 3-yr CAGR, here is a list of the best SBI mutual fund investments in 2025:
(a) SBI Gold
(b) SBI PSU Fund
(c) SBI Healthcare Opp Fund
(d) SBI ELSS Tax Saver Fund
(e) SBI Magnum Children’s Benefit Fund-Investment Plan
Note: This information is intended for educational purposes and should not be construed as a recommendation or advice.
SBI Mutual Fund SIPs may not always be suitable for short-term investments due to market volatility and exit loads. However, investors must conduct their own research before making any decisions.
Every mutual fund investment carries some level of risk, as returns are directly linked to market performance.
Yes, the SBI Mutual Fund’s SIP offers investors the flexibility to modify the investment amount or frequency after an initial investment period.
There is no maximum tenure of an SBI SIP. You can invest as long as you can. Check out SBI’s official website for more details.
