Investment Objective and Approach

The investment objective of the scheme is to provide investors with opportunities for long term growth in capital from a diversified portfolio of equity and equity related instruments across market capitalization. The fund follows a multicap approach with specific mandates for diversified exposure.

Key Investment Features:

- The fund is mandated to invest at least 25 per cent of its assets each in large, mid and small-cap stocks

- As of 28-Feb-2025, SBI Multicap Fund - Direct Plan had invested 94.46% in Equity, 4.6% in Cash & Cash Eq. and 0.94% in Debt

- One stop solution that offers diversification across market cap unlike holding on to individual stocks

Target Investors:

- Investor looking for Long term Wealth creation (>5 years), wanting to have an unbiased flavor of market caps

- Investors having multiple investments across market capitalisation, looking for consolidation through a single solution

- Long term investors aiming to build wealth to meet their long term financial goals with a potential better risk return trade off

Fund Managers

Rama Iyer Srinivasan is the Current Fund Manager of SBI Multicap Fund Direct Growth fund. The fund is managed by a team of experienced professionals:

- R. Srinivasan (Lead Fund Manager): Mr. Srinivasan is M.Com and MFM with extensive experience in equity management

- Mohit Jain: Dedicated fund manager for overseas securities

- Saurabh Pant: Mr. Pant is a B.Com (H), MBE and CFA (Level III) and has been associated with SBI Mutual Fund since 2007

- Pradeep Kesavan: Mr. Kesavan has done B.Com, MBA (Finance) and CFA

The fund managers have an extensive experience of 15 years while managing equity & related investments. They are focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

About the Fund House (AMC)

SBI Mutual Fund stands as one of India's most prominent asset management companies with a rich heritage and strong market position.

Corporate Structure:

- SBI Mutual Fund is a Joint Venture (JV) between one of India's largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company

- The SBI Mutual Fund was set up on June 29, 1987 and was incorporated on February 7, 1992

- It was India's second Mutual Fund after the Unit Trust of India started operations in 1963

Market Position:

- As of December 31, 2024, manages assets under management (AUM) worth approximately ₹11,16,708 crore

- In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM

- The SBI MF is registered with the Securities and Exchange Board of India or SEBI

Notable Achievements:

- Registered with the Securities and Exchange Board of India (SEBI), the firm is renowned as the 1st mutual fund player in the Indian industry to launch Contra and ESG (Environmental, social, and governance) Fund

- In 2015, the Employees' Provident Fund of India invested Rs 5,000 Crore for the first time in a Mutual Fund in India via SBIMF Sensex ETFs or Exchange Traded Funds

Leadership:

- Mr. Bhatia is currently the MD and CEO of SBI Mutual Funds. Over a lifetime spent in banking, Mr. Bhatia has acquired immense experience in credit and treasury, International Banking and Retail

Should I Invest in SBI Multicap Fund?

SBI Multicap Fund presents both opportunities and considerations for potential investors:

Investment Strengths:

- Strong fund house credentials with Asset Under Management(AUM) of ₹11,93,297 Cr as of 30 Jul 2025

- Delivered 16.85% returns since inception for the direct plan

- Experienced fund management team with proven track record

- Balanced exposure across market capitalizations reducing concentration risk

Investment Considerations:

- The SBI Multicap Fund Direct Growth is rated Very High risk

- Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs

- Warning: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years

Investment Recommendations:

- Like for all equity funds, you must invest only through the SIP route

- When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options

- Suitable for investors with long-term investment horizon and higher risk tolerance

FAQs

What is today's NAV of SBI Multicap Fund?

The Latest NAV as of 30 Jul 2025 is ₹17.86 for the direct growth plan. NAV changes daily based on market movements and you can check the current NAV on Allvest platform.

What is the AUM of SBI Multicap Fund?

The fund currently has an Asset Under Management(AUM) of ₹11,93,297 Cr as of July 30, 2025, making it one of the largest multicap funds in the market.

What is the expense ratio of SBI Multicap Fund?

The expense ratio of SBI Multicap Fund - Direct Plan is 0.89%. The regular plan typically has a higher expense ratio due to distributor commissions.

What are the returns of SBI Multicap Fund since inception?

The direct plan has delivered 16.85% returns since inception. Returns vary between direct and regular plans, with direct plans generally offering better returns due to lower expense ratios.

What is the minimum SIP amount to invest in SBI Multicap Fund?

Minimum SIP Investment is set to ₹500 and Minimum Lumpsum Investment is ₹5,000 making it accessible for small investors.

How do I invest in SBI Multicap Fund?

You can invest in SBI Multicap Fund through Allvest platform easily. Simply register on Allvest, complete your KYC, select the fund, and start your investment journey with hassle-free online transactions.

How to start a SIP in SBI Multicap Fund?

Start SIP in SBI Multicap Fund through Allvest by logging into your account, selecting the fund, choosing SIP option, setting your monthly amount and start date. Allvest provides automated SIP facility for convenient investing.

How do I automate an SIP in SBI Multicap Fund?

Allvest offers auto-SIP facility where you can set up automatic monthly investments. Simply link your bank account and set up mandate for hassle-free automated investments in SBI Multicap Fund.

How can I withdraw/redeem my investment in SBI Multicap Fund?

You can redeem your SBI Multicap Fund investment through Allvest platform anytime as there is no lock in period. Simply place redemption request and funds will be credited to your bank account within 2-4 working days.