SBI MNC Fund
Thematic-MNCVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹408.73+0.37%1 day
- Return since launch
- 15.5%
- 52-week range
- ₹328.67 — ₹420.00
- AUM
- ₹6,718 Cr
SBI MNC Fund is a Thematic-MNC equity fund from SBI Mutual Fund with ₹6,718 Cr under management, launched in 2005. Over three years it has returned 9.1% a year, against 7.4% for its category. The expense ratio is 2.01% and the SEBI riskometer reading is Very High.
Performance
SBI MNC Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +17.3% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 22.7% | +17.2 pts | 5.5% | 3.5% |
| 2Y | 12.2% | +8.2 pts | 4.0% | 3.5% |
| 3Y | 9.1% | +1.7 pts | 7.4% | 4.0% |
| 5Y | 9.4% | +2.0 pts | 7.4% | 7.7% |
| 7Y | 11.5% | +1.1 pts | 10.4% | 10.0% |
| 10Y | 11.6% | +2.3 pts | 9.2% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.1% | +1.5 pts | -3.7% | -3.6% |
| 3M | 4.7% | +3.6 pts | 1.1% | 0.6% |
| 6M | 22.0% | +8.0 pts | 14.1% | 13.0% |
| 1Y | 17.3% | +11.9 pts | 5.5% | 2.5% |
| 2Y | 3.4% | +6.2 pts | -2.8% | -3.2% |
| 3Y | 7.2% | −0.2 pts | 7.4% | 7.2% |
| 5Y | 7.6% | +0.3 pts | 7.4% | 7.5% |
| 7Y | 12.9% | +1.0 pts | 11.8% | 11.1% |
| 10Y | 10.8% | +1.6 pts | 9.2% | 9.5% |
Since launch (30 Jun 2005): 15.5%
Calendar-year returns
Category average19.9%
39.6%
-5.7%
23.5%
8.2%
-5.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -5.6% | −8.0 pts | 2.4% |
| 2024 | 8.2% | −6.1 pts | 14.3% |
| 2023 | 23.5% | −1.5 pts | 25.0% |
| 2022 | -5.7% | −3.5 pts | -2.2% |
| 2021 | 39.6% | +9.2 pts | 30.4% |
| 2020 | 19.9% | +0.3 pts | 19.6% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.03%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- Exit load of 1%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY MNC TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -2.13 | -2.22 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.76 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.23 | 0.28 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.35 | 0.34 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.58 | 15.04 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI MNC Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.3%
- Debt0.3%
- Other1.4%
Market cap split
- Large40.7%
- Mid27.0%
- Small32.3%
- P/E
- 43.54
- P/B
- 6.37
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 5.64% | ₹379 Cr | +4.95% | +5.27% | +5.31% |
| Cummins India Ltd. | Capital Goods | 4.56% | ₹306 Cr | +5.82% | +4.19% | — |
| Bosch Ltd. | Automobile | 4.02% | ₹270 Cr | — | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 3.89% | ₹261 Cr | +1.12% | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 3.63% | ₹244 Cr | +3.01% | +3.29% | +2.77% |
| Navin Fluorine International Ltd. | Chemicals | 3.62% | ₹243 Cr | +3.29% | +3.00% | +2.19% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.55% | ₹238 Cr | +2.97% | +2.97% | +2.98% |
| Aether Industries Ltd. | Chemicals | 3.32% | ₹223 Cr | +3.26% | +3.96% | +3.80% |
| ABB India Ltd. | Capital Goods | 3.18% | ₹214 Cr | +2.99% | — | — |
| Anthem Biosciences Ltd. | Healthcare | 3.08% | ₹207 Cr | +2.76% | +2.40% | +2.18% |
| Aurobindo Pharma Ltd. | Healthcare | 3.06% | ₹206 Cr | +2.68% | — | — |
| Siemens Ltd. | Capital Goods | 3.00% | ₹202 Cr | +3.17% | +2.93% | +3.06% |
| Biocon Ltd. | Healthcare | 2.76% | ₹185 Cr | +3.25% | +3.07% | +2.03% |
| Hyundai Motor India Ltd. | Automobile | 2.76% | ₹185 Cr | +2.22% | — | +1.64% |
| Samvardhana Motherson International Ltd. | Automobile | 2.54% | ₹171 Cr | +2.40% | +2.28% | +1.93% |
| Grindwell Norton Ltd. | Metals & Mining | 2.45% | ₹165 Cr | +3.03% | +2.85% | +2.61% |
| Maruti Suzuki India Ltd. | Automobile | 2.42% | ₹163 Cr | +2.17% | +3.18% | +5.18% |
| Amagi Media Labs Ltd. | Technology | 2.15% | ₹145 Cr | +1.84% | +1.81% | — |
| Tenneco Clean Air India Ltd | Automobile | 2.15% | ₹145 Cr | +2.62% | +2.99% | — |
| Cipla Ltd. | Healthcare | 2.10% | ₹141 Cr | +1.62% | — | — |
| Coforge Ltd. | Technology | 2.07% | ₹139 Cr | +0.94% | — | — |
| Vedanta Ltd. | Metals & Mining | 2.07% | ₹139 Cr | +3.26% | +6.15% | — |
| CCL Products (India) Ltd. | Consumer Staples | 2.03% | ₹137 Cr | +2.61% | +3.13% | +3.94% |
| Kennametal India Ltd. | Capital Goods | 1.96% | ₹132 Cr | +1.72% | +1.77% | +1.57% |
| Britannia Industries Ltd. | Consumer Staples | 1.95% | ₹131 Cr | +2.58% | +5.14% | +4.85% |
| Garware Technical Fibres Ltd. | Textiles | 1.94% | ₹130 Cr | +1.96% | +2.68% | +3.83% |
| Bharat Forge Ltd. | Automobile | 1.88% | ₹126 Cr | +2.26% | +3.27% | +1.84% |
| Aster DM Quality Care Ltd. | Healthcare | 1.80% | ₹121 Cr | +1.44% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.64% | ₹110 Cr | +2.49% | +4.00% | +7.09% |
| Gokaldas Exports Ltd. | Textiles | 1.63% | ₹109 Cr | +1.71% | +1.69% | +3.36% |
| company:1151 | Chemicals | 1.62% | ₹109 Cr | — | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 1.51% | ₹101 Cr | +2.42% | +3.25% | +2.93% |
| Cohance Lifesciences Ltd. | Healthcare | 1.49% | ₹100 Cr | +1.28% | +0.53% | — |
| Poly Medicure Ltd. | Healthcare | 1.47% | ₹98.54 Cr | +1.25% | +1.20% | +0.75% |
| Balkrishna Industries Ltd. | Automobile | 1.44% | ₹96.87 Cr | — | +0.02% | +1.91% |
| Others | Others | 1.44% | ₹97.07 Cr | -1.56% | +0.04% | +1.74% |
| Sudeep Pharma Ltd. | Healthcare | 1.24% | ₹83.17 Cr | — | — | — |
| company:8372 | Healthcare | 1.22% | ₹81.62 Cr | — | — | — |
| Timken India Ltd. | Capital Goods | 1.13% | ₹75.59 Cr | +1.46% | +1.49% | +0.96% |
| Privi Speciality Chemicals Ltd. | Chemicals | 0.93% | ₹62.53 Cr | +1.50% | +2.81% | +0.74% |
| Aequs Ltd. | Technology | 0.73% | ₹48.87 Cr | +0.63% | +0.59% | — |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.68% | ₹45.54 Cr | +2.72% | +3.86% | +3.11% |
| Nestle India Ltd. | Consumer Staples | 0.67% | ₹44.90 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.54% | ₹36.10 Cr | — | — | — |
| Abbott India Ltd. | Healthcare | 0.38% | ₹25.24 Cr | +1.42% | +2.04% | +4.20% |
| Clean Science And Technology Ltd. | Chemicals | 0.37% | ₹24.69 Cr | +1.18% | +1.26% | +1.96% |
| Reserve Bank of India | Financial | 0.29% | ₹19.77 Cr | +0.32% | +0.33% | +0.33% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:1151 | 0.00% | 1.62% | +1.62% |
| Colgate-Palmolive (India) Ltd. | 1.92% | 0.68% | -1.24% |
| company:8372 | 0.00% | 1.22% | +1.22% |
| Others | -0.86% | 0.35% | +1.21% |
| Balkrishna Industries Ltd. | 0.50% | 1.44% | +0.94% |
| Maruti Suzuki India Ltd. | 3.29% | 2.42% | -0.87% |
| Bosch Ltd. | 3.17% | 4.02% | +0.85% |
| Divi's Laboratories Ltd. | 4.97% | 5.64% | +0.67% |
| Abbott India Ltd. | 1.03% | 0.38% | -0.65% |
| Kennametal India Ltd. | 1.39% | 1.96% | +0.57% |
| Lupin Ltd. | 0.56% | 0.00% | -0.56% |
| Britannia Industries Ltd. | 2.51% | 1.95% | -0.56% |
| Cummins India Ltd. | 5.11% | 4.56% | -0.55% |
| Tenneco Clean Air India Ltd | 1.65% | 2.15% | +0.50% |
| ABB India Ltd. | 2.81% | 3.18% | +0.37% |
| Navin Fluorine International Ltd. | 3.27% | 3.62% | +0.35% |
| CCL Products (India) Ltd. | 2.34% | 2.03% | -0.31% |
| Vedanta Aluminium Metal Ltd. | 4.20% | 3.89% | -0.31% |
| Sudeep Pharma Ltd. | 0.93% | 1.24% | +0.31% |
| Grindwell Norton Ltd. | 2.75% | 2.45% | -0.30% |
| Aster DM Quality Care Ltd. | 1.52% | 1.80% | +0.28% |
| Gland Pharma Ltd. | 0.27% | 0.00% | -0.27% |
| Clean Science And Technology Ltd. | 0.58% | 0.37% | -0.21% |
| Samvardhana Motherson International Ltd. | 2.33% | 2.54% | +0.21% |
| Vedanta Ltd. | 2.28% | 2.07% | -0.21% |
| Coforge Ltd. | 1.86% | 2.07% | +0.21% |
| Biocon Ltd. | 2.96% | 2.76% | -0.20% |
| Anthem Biosciences Ltd. | 2.90% | 3.08% | +0.18% |
| Hindustan Unilever Ltd. | 1.82% | 1.64% | -0.18% |
| Cipla Ltd. | 2.27% | 2.10% | -0.17% |
| Bharat Forge Ltd. | 2.04% | 1.88% | -0.16% |
| Vedanta Oil and Gas Ltd | 0.16% | 0.00% | -0.16% |
| Vedanta Power Ltd | 0.16% | 0.00% | -0.16% |
| Sun Pharmaceutical Industries Ltd. | 3.69% | 3.55% | -0.14% |
| Privi Speciality Chemicals Ltd. | 1.07% | 0.93% | -0.14% |
| Gokaldas Exports Ltd. | 1.76% | 1.63% | -0.13% |
| Amagi Media Labs Ltd. | 2.28% | 2.15% | -0.13% |
| Aurobindo Pharma Ltd. | 2.93% | 3.06% | +0.13% |
| Garware Technical Fibres Ltd. | 1.81% | 1.94% | +0.13% |
| Siemens Ltd. | 2.90% | 3.00% | +0.10% |
| Aether Industries Ltd. | 3.23% | 3.32% | +0.09% |
| Hyundai Motor India Ltd. | 2.69% | 2.76% | +0.07% |
| Sona BLW Precision Forgings Ltd. | 3.56% | 3.63% | +0.07% |
| Cohance Lifesciences Ltd. | 1.44% | 1.49% | +0.05% |
| INDO-MIM Ltd. | 0.49% | 0.54% | +0.05% |
| Timken India Ltd. | 1.16% | 1.13% | -0.03% |
| Nestle India Ltd. | 0.70% | 0.67% | -0.03% |
| Aequs Ltd. | 0.71% | 0.73% | +0.02% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.49% | 1.51% | +0.02% |
| Reserve Bank of India | 0.30% | 0.29% | -0.01% |
| Poly Medicure Ltd. | 1.47% | 1.47% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,114 Cr | 2.33% | 1.6% | 3.2% | 7.5% |
 Aditya Birla Sun Life MNC Fund | ₹3,293 Cr | 2.10% | -5.1% | -0.3% | 5.1% |
 UTI MNC Fund | ₹2,790 Cr | 2.18% | 0.3% | 3.2% | 7.5% |
 ICICI Prudential MNC Fund | ₹1,808 Cr | 2.16% | 4.5% | 6.1% | 10.0% |
 HDFC MNC Fund | ₹566 Cr | 2.90% | 6.9% | 3.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.
Fund managers
- Tanmaya DesaiMr. Desai is a B.E. (Electronics), MBA (Finance) and CFA (Level III).Prior to joining SBI Mutual Fund he has worked with D.J. Sanghvi College of Engineering and Patni Computer Systems Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months22.03% absolute | ₹60,000 | ₹73,218 | 22.03% | |
| 1 year17.34% annualised | ₹1,20,000 | ₹1,31,890 | 9.91% | |
| 3 years7.15% annualised | ₹3,60,000 | ₹4,02,586 | 11.83% | |
| 5 years7.64% annualised | ₹6,00,000 | ₹7,32,549 | 22.09% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of SBI MNC Fund?
The NAV of SBI MNC Fund is ₹408.73 as on 25 Sep 2026.
What is the expense ratio of SBI MNC Fund?
The expense ratio of SBI MNC Fund is 2.01% per year.
What is the minimum SIP amount for SBI MNC Fund?
You can start a SIP in SBI MNC Fund with ₹3,000 a month.
What returns has SBI MNC Fund given?
SBI MNC Fund has returned 22.7% over 1 year, 9.1% over 3 years and 9.4% over 5 years (annualised).
Is there a lock-in or exit load on SBI MNC Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 30 days..
How risky is SBI MNC Fund?
SBI MNC Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-MNC category.
Which fund house manages SBI MNC Fund?
SBI MNC Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹12,81,381 Cr under management.