SBI SIP Investment

SBI SIP investment allows you to grow wealth systematically by investing a fixed amount regularly in SBI Mutual Fund schemes. Instead of timing the market, SIP spreads your investment over time, benefiting from rupee‑cost averaging and compounding. It is ideal for salaried individuals, beginners, and long‑term investors seeking disciplined, hassle‑free mutual fund investing through SBI.

Best SBI SIP Plans in India in 2026

SBI offers various best SIP plans to cater to different investment goals and risk appetites. Some of the top SBI SIP plans to consider in India for 2026:

Below is the list of the best SBI mutual funds for SIP:

Fund Name	Return 1 Year	Return 3 Years	Return 5 Years	Return Since Launch
SBI PSU Direct Plan-Growth	12.98%	25.06%	24.03%	11.8%
SBI Healthcare Opportunities Fund Direct Plan-Growth	20.07%	24.6%	17.98%	18.37%
SBI ELSS Tax Saver Fund Direct-Growth	4.05%	17.55%	16.82%	15.54%
SBI Credit Risk Fund Direct-Growth	7.96%	8.54%	7.74%	8.64%
SBI Dynamic Bond Direct Plan-Growth	5.38%	7.57%	6.91%	8.09%
SBI Gilt Fund Direct-Growth	3.61%	6.85%	6.46%	8.77%
SBI Multi Asset Allocation Fund Direct-Growth	13.25%	16.06%	14.1%	12.44%
SBI Balanced Advantage Fund Direct-Growth	7.3%	11.61%	N/A	11.27%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Direct-Growth	7.79%	11.3%	12.7%	14.54%

Details of Top SBI SIP Investment Plans in SBI Mutual Funds

SBI PSU Direct Plan-Growth

The SBI PSU Direct Plan-Growth invests in public sector companies to generate long-term capital growth. It is suitable for investors who want to benefit from government-backed enterprises and sectors.

Parameters	Details
NAV	₹ 38.49 (as on 3rd August, 2026)
AUM	₹6,683.53 Crs
Expense Ratio	0.86%
Return 5 Years	24.03%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Equity
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks to provide opportunities for long-term growth through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs and others.
Asset Allocation	Equity: 96.53%, Debt: 0.07%, Others: 3.4%
Top Sectors	Industrials Energy & Utilities Financial Materials
Top Holdings	State Bank of India Power Grid Corporation of India Ltd GAIL (India) Ltd Bharat Electronics Ltd NTPC Ltd Oil & Natural Gas Corporation Ltd Bharat Petroleum Corporation Ltd Bank Of Baroda Repo Bharat Heavy Electricals Ltd
Fund Managers	NA
Fund Type	Open-ended

SBI Healthcare Opportunities Fund Direct Plan-Growth

The SBI Healthcare Opportunities Fund Direct Plan-Growth focuses on investing in the healthcare and pharmaceutical sectors. It is ideal for investors who have a high-risk appetite and want to benefit from the growth in global healthcare trends.

Parameters	Details
NAV	₹ 595.67 (as on 3rd August, 2026)
AUM	₹4,997.72 Crs
Expense Ratio	1.03%
Return 5 Years	17.98%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Equity
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks to provide the investors with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Healthcare space.
Asset Allocation	Equity: 97.16%, Debt: 0.06%, Others: 2.78%
Top Sectors	Healthcare Materials
Top Holdings	Sun Pharmaceutical Industries Ltd Divi's Laboratories Ltd Max Healthcare Institute Ltd Ami Organics Ltd Apollo Hospitals Enterprise Ltd Lupin Ltd Cipla Ltd Repo Torrent Pharmaceuticals Ltd Aurobindo Pharma Ltd
Fund Managers	Pradeep Kesavan Tanmaya Desai
Fund Type	Open-ended

SBI ELSS Tax Saver Fund Direct-Growth

The SBI ELSS Tax Saver Fund Direct-Growth is an ELSS fund (Equity Linked Savings Scheme) that offers tax benefits under Section 80C. It invests in equities for long-term wealth creation and comes with a mandatory lock-in period of 3 years.

Parameters	Details
NAV	₹ 483.16 (as on 3rd August, 2026)
AUM	₹31,839.34 Crs
Expense Ratio	1.26%
Return 5 Years	16.82%
Minimum Investment	SIP ₹1000 & Lumpsum ₹500
Fund Category	Equity
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
Asset Allocation	Equity: 97.42%, Debt: 0.12%, Others: 2.46%
Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Real Estate Technology
Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Repo Kotak Mahindra Bank Ltd Reliance Industries Ltd State Bank of India Axis Bank Ltd Tata Steel Ltd Cipla Ltd Torrent Power Ltd
Fund Managers	NA
Fund Type	Open-ended

SBI Credit Risk Fund Direct-Growth

The SBI Credit Risk Fund Direct-Growth is a debt fund that primarily invests in lower-rated but high-yield bonds to generate good returns. It is a good option for investors who are seeking higher income with moderate risk.

Parameters	Details
NAV	₹ 53.69 (as on 3rd August, 2026)
AUM	₹2,174.86 Crs
Expense Ratio	0.91%
Return 5 Years	7.74%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Debt
Risk Level	Principal at high risk
Investment Objective	The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA and below(excluding AA+ rated corporate bonds) so as to generate attractive returns while maintaining moderate liquidity in the portfolio through investment in money market securities.
Asset Allocation	Debt: 87.91%, Others: 2.59%
Top Sectors	NA
Top Holdings	GOVERNMENT OF INDIA 34587 GOI 18JU31 7.02 FV RS 100 GOVERNMENT OF INDIA 35152 GOI 18NV39 6.92 FV RS 100 Repo AADHAR HOUSING FINANCE LIMITED 8.50 NCD 26MY26 FVRS1LAC NIRMA LIMITED SR VII TR C 8.50 NCD 07AP27 FVRS1LAC INFOPARK PROPERTIES LIMITED SR I RR NCD 19JU39 FVRS1LAC RENEW SOLAR ENERGY (JHARKHAND FIVE) PRIVATE LIMITED 8.44 NCD 31AG29 FVRS1LAC GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 NJ CAPITAL PRIVATE LIMITED SR A TR 1 9.8 NCD 25JL28 FVRS1LAC H.G. INFRA ENGINEERING LIMITED 8.55 NCD 29AG28 FVRS1LAC
Fund Managers	Lokesh Mallya Pradeep Kesavan
Fund Type	Open-ended

SBI Dynamic Bond Direct Plan-Growth

The SBI Dynamic Bond Direct Plan-Growth actively manages investments across different durations depending on interest rate changes. It is ideal for investors seeking flexible and stable returns from debt instruments.

Parameters	Details
NAV	₹ 41.35 (as on 3rd August, 2026)
AUM	₹3,751.54 Crs
Expense Ratio	0.64%
Return 5 Years	6.91%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Debt
Risk Level	Principal at moderate risk
Investment Objective	The scheme seeks to provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.
Asset Allocation	Debt: 98.66%, Others: 1.34%
Top Sectors	NA
Top Holdings	GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100 Cash Margin GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 Repo GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100 GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100 STATE DEVELOPMENT LOAN 37129 KAR 25AG36 7.47 FV RS 100 GOVERNMENT OF INDIA 35368 GOI 23DC29 6.75 FV RS 100 GOI Sec 7.18 14/08/2033
Fund Managers	Sudhir Agrawal Pradeep Kesavan
Fund Type	Open-ended

SBI Magnum Gilt Fund Direct-Growth

The SBI Magnum Gilt Fund Direct-Growth invests in government securities, ensuring high safety and stable returns. It is a suitable choice for conservative investors who want long-term capital preservation.

Parameters	Details
NAV	₹ 72.66 (as on 3rd August, 2026)
AUM	₹8,454.82 Crs
Expense Ratio	0.5%
Return 5 Years	6.46%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Debt
Risk Level	Principal at moderate risk
Investment Objective	The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.
Asset Allocation	Debt: 92.32%, Others: 7.68%
Top Sectors	NA
Top Holdings	GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100 GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100 GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 Cash Margin GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100 GOVERNMENT OF INDIA 36958 GOI 19JN76 7.43 FV RS 100 GOVERNMENT OF INDIA 37086 091 DAYS TBILL 22MY26 FV RS 100 GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 Repo STATE DEVELOPMENT LOAN 37129 KAR 25AG36 7.47 FV RS 100
Fund Managers	NA
Fund Type	Open-ended

SBI Multi Asset Allocation Fund Direct-Growth

The SBI Multi Asset Allocation Fund Direct-Growth diversifies investments across equity, debt, and gold to balance risk and returns. It is ideal for investors who are looking for exposure to multiple asset classes in one portfolio.

Parameters	Details
NAV	₹ 74.54 (as on 1st August, 2026)
AUM	₹19,354.25 Crs
Expense Ratio	0.68%
Return 5 Years	14.1%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Hybrid
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Asset Allocation	Equity: 48.99%, Debt: 33.35%, Others: 3.88%, Commodities: 10.08%
Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Real Estate Technology
Top Holdings	Repo SBI Silver ETF-Growth SBI ETF Gold Brookfield India Real Estate Trust REIT GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100 Nifty Index 28-04-2026 GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 Nippon India Silver ETF - Growth GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 HDFC Bank Ltd
Fund Managers	Vandna Soni Dinesh Balachandran Mansi Sajeja Pradeep Kesavan
Fund Type	Open-ended

SBI Balanced Advantage Fund Direct - Growth

The SBI Balanced Advantage Fund Direct - Growth dynamically manages its allocation between equity and debt based on market conditions. It is a good choice for investors seeking stable returns with lower market volatility.

Parameters	Details
NAV	₹ 16.92 (as on 3rd August, 2026)
AUM	₹41,512.85 Crs
Expense Ratio	0.85%
Return 5 Years	N/A
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Hybrid
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Asset Allocation	Equity: 54.72%, Debt: 24.93%, Others: 18.16%
Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Technology
Top Holdings	Cash Margin Repo Reliance Industries Ltd HDFC Bank Ltd ICICI Bank Ltd Larsen & Toubro Ltd Tata Steel Ltd Bharti Airtel Ltd GAIL (India) Ltd GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100
Fund Managers	Rajeev Radhakrishnan Anup Upadhyay Dinesh Balachandran Mansi Sajeja Pradeep Kesavan
Fund Type	Open-ended

SBI Retirement Benefit Fund - Aggressive Hybrid Plan Direct - Growth

The SBI Retirement Benefit Fund - Aggressive Hybrid Plan Direct - Growth focuses on retirement planning and invests in a mix of equity and debt for long-term growth. It is suitable for aggressive investors who are preparing for a secure retirement.

Parameters	Details
NAV	₹ 21.04 (as on 3rd August, 2026)
AUM	₹1,615.82 Crs
Expense Ratio	1.23%
Return 5 Years	12.7%
Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
Fund Category	Hybrid
Risk Level	Principal at very high risk
Investment Objective	The scheme seeks to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes.
Asset Allocation	Equity: 78.77%, Debt: 3.45%, Others: 5.62%, Commodities: 4.43%
Top Sectors	Real Estate Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Technology
Top Holdings	Repo HDFC Bank Ltd CENTRAL GOVERNMENT LOAN 20388 GOI 07DC31 FLT FV RS 100 SBI ETF Gold ICICI Bank Ltd GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 Reliance Industries Ltd Maruti Suzuki India Ltd Larsen & Toubro Ltd State Bank of India
Fund Managers	Ardhendu Bhattacharya Rohit Shimpi Pradeep Kesavan
Fund Type	Open-ended

How Do SBI SIP Investments Work?

You pick an SBI Mutual Fund scheme (equity, hybrid, or debt) and decide the SIP amount (minimum usually ₹500 per instalment) and frequency (monthly is most common).
On the chosen date each cycle, that amount is auto‑debited from your bank account (via NACH/e‑mandate) and used to buy units of the scheme at that day’s Net Asset Value (NAV).
When NAV is low, you get more units; when NAV is high, you get fewer units. Over time this lowers your average cost per unit and reduces timing‑risk.
Returns are reinvested; future returns are earned on both your principal and earlier gains, which helps build wealth over the long term.

SBI SIP Calculator Online

The SBI SIP Returns Calculator is a tool that allows you to estimate how much your investments in SBI SIP Plans can grow over time by simply entering details like your monthly investment amount, the investment period, and an expected rate of return. The SIP calculator simplifies financial planning, allowing you to make informed decisions about your SBI SIP plan investments.

In Summary

SBI SIP plans offer a convenient and disciplined approach to investing in market-linked funds, catering to various risk profiles and investment goals. With their flexibility, affordability, and expert management, SBI SIP empowers you to steadily grow your wealth over time, making them a valuable option in the financial landscape.

FAQs

How do I start a SIP in SBI Mutual Fund?
To start a SIP in SBI:
- Determine your investment goals and risk appetite.
- Complete KYC (Know Your Customer) requirements.
- Select the SBI SIP plan that aligns with your objectives.
- Decide the SIP amount, frequency, and duration.
- Submit your application online via the SBI Mutual Fund website or offline at any SBI branch.
What is the minimum amount required to start an SBI SIP?

The minimum amount to start a SIP in SBI Mutual Fund is typically Rs. 500 per month, making it accessible for most investors. However, the minimum amount may vary depending on the specific SBI SIP plan you choose
Can I increase or decrease my SIP amount in SBI SIP plans?

Yes, SBI offers a Top-up SIP facility, allowing you to increase your SIP amount at predefined intervals. This helps your investments keep pace with rising income and inflation. You can also pause, stop, or modify your SIP as per your changing financial situation.
What happens if I miss an SBI SIP installment?

Missing a single SIP installment does not attract any penalty. However, if you miss three consecutive installments, the fund house may cancel your SIP. It is advisable to maintain sufficient balance in your bank account to avoid disruption