SBI MNC Fund
Thematic-MNCVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹405.30+1.93%1 day
- Return since launch
- 15.3%
- 52-week range
- ₹328.67 — ₹420.00
- AUM
- ₹6,381 Cr
SBI MNC Fund is a Thematic-MNC equity fund from SBI Mutual Fund with ₹6,381 Cr under management, launched in 2005. Over three years it has returned 7.8% 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 +13.5% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 16.7% | +14.4 pts | 2.3% | 0.9% |
| 2Y | 10.5% | +5.4 pts | 5.0% | 2.3% |
| 3Y | 7.8% | +0.4 pts | 7.4% | 2.5% |
| 5Y | 8.4% | +1.8 pts | 6.6% | 6.6% |
| 7Y | 10.6% | +1.1 pts | 9.5% | 9.1% |
| 10Y | 11.1% | +1.6 pts | 9.5% | 9.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.3% | +0.7 pts | 2.6% | 2.9% |
| 3M | -2.9% | +2.6 pts | -5.5% | -5.8% |
| 6M | 7.6% | +6.3 pts | 1.2% | 0.2% |
| 1Y | 13.5% | +11.2 pts | 2.3% | -0.6% |
| 2Y | 4.5% | +3.0 pts | 1.5% | -0.3% |
| 3Y | 7.1% | −0.3 pts | 7.4% | 7.0% |
| 5Y | 6.7% | 0.0 pts | 6.6% | 6.7% |
| 7Y | 12.4% | +1.1 pts | 11.3% | 10.7% |
| 10Y | 10.9% | +1.4 pts | 9.5% | 9.8% |
Since launch (30 Jun 2005): 15.3%
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
2.01%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- 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 | -2.83 | -3.21 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.77 | 0.93 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.08 | 0.11 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.13 | 0.13 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.04 | 15.61 | 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 30 Sep 2026
Asset allocation
- Equity96.3%
- Debt0.3%
- Other3.4%
Market cap split
- Large40.9%
- Mid25.9%
- Small33.2%
- P/E
- 41.39
- P/B
- 6.18
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 5.82% | ₹372 Cr | +4.18% | +5.02% | +5.04% |
| Cummins India Ltd. | Capital Goods | 4.77% | ₹305 Cr | +5.40% | +5.07% | — |
| Bosch Ltd. | Automobile | 4.13% | ₹264 Cr | +1.72% | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 3.90% | ₹249 Cr | +2.96% | +3.25% | +2.52% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 3.88% | ₹248 Cr | +5.70% | — | — |
| Navin Fluorine International Ltd. | Chemicals | 3.62% | ₹231 Cr | +3.42% | +3.24% | +2.20% |
| Others | Others | 3.42% | ₹218 Cr | -0.26% | +0.22% | -0.30% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.42% | ₹218 Cr | +2.96% | +3.30% | +2.71% |
| Aether Industries Ltd. | Chemicals | 3.20% | ₹204 Cr | +3.46% | +4.31% | +3.97% |
| ABB India Ltd. | Capital Goods | 3.19% | ₹203 Cr | +2.79% | +2.79% | — |
| Anthem Biosciences Ltd. | Healthcare | 2.96% | ₹189 Cr | +2.82% | +2.91% | +2.07% |
| Siemens Ltd. | Capital Goods | 2.92% | ₹186 Cr | +2.86% | +2.75% | +3.20% |
| Hyundai Motor India Ltd. | Automobile | 2.67% | ₹171 Cr | +2.42% | — | +1.76% |
| Aurobindo Pharma Ltd. | Healthcare | 2.62% | ₹167 Cr | +3.01% | +1.47% | — |
| Biocon Ltd. | Healthcare | 2.61% | ₹167 Cr | +3.06% | +3.12% | +2.03% |
| Samvardhana Motherson International Ltd. | Automobile | 2.56% | ₹163 Cr | +2.35% | +1.97% | +2.25% |
| Grindwell Norton Ltd. | Metals & Mining | 2.50% | ₹160 Cr | +3.44% | +2.54% | +2.70% |
| Amagi Media Labs Ltd. | Technology | 2.19% | ₹140 Cr | +2.50% | +1.71% | — |
| Tenneco Clean Air India Ltd | Automobile | 2.18% | ₹139 Cr | +2.07% | +2.90% | — |
| Cipla Ltd. | Healthcare | 2.11% | ₹135 Cr | +2.10% | — | — |
| Vedanta Ltd. | Metals & Mining | 2.03% | ₹130 Cr | +2.50% | +6.88% | — |
| CCL Products (India) Ltd. | Consumer Staples | 2.00% | ₹127 Cr | +2.63% | +3.42% | +3.60% |
| Kennametal India Ltd. | Capital Goods | 1.94% | ₹124 Cr | +1.75% | +1.66% | +1.52% |
| Garware Technical Fibres Ltd. | Textiles | 1.93% | ₹123 Cr | +2.08% | +2.68% | +3.79% |
| Britannia Industries Ltd. | Consumer Staples | 1.89% | ₹121 Cr | +2.45% | +3.05% | +5.10% |
| Maruti Suzuki India Ltd. | Automobile | 1.88% | ₹120 Cr | +2.24% | +2.77% | +7.37% |
| Bharat Forge Ltd. | Automobile | 1.81% | ₹116 Cr | +2.39% | +3.14% | +1.65% |
| Aster DM Quality Care Ltd. | Healthcare | 1.75% | ₹112 Cr | +1.50% | +1.51% | — |
| Foseco India Ltd. | Chemicals | 1.72% | ₹110 Cr | — | — | — |
| Balkrishna Industries Ltd. | Automobile | 1.66% | ₹106 Cr | — | — | +1.82% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.65% | ₹105 Cr | +2.36% | +2.70% | +6.85% |
| Cohance Lifesciences Ltd. | Healthcare | 1.53% | ₹97.68 Cr | +1.60% | +0.57% | +1.50% |
| Gokaldas Exports Ltd. | Textiles | 1.51% | ₹96.29 Cr | +2.08% | +1.63% | +3.63% |
| Poly Medicure Ltd. | Healthcare | 1.47% | ₹93.73 Cr | +1.50% | +1.25% | +1.66% |
| Coforge Ltd. | Technology | 1.37% | ₹87.46 Cr | +1.40% | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 1.32% | ₹84.28 Cr | +2.31% | +3.23% | +2.75% |
| Sudeep Pharma Ltd. | Healthcare | 1.30% | ₹82.90 Cr | — | — | — |
| Aequs Ltd. | Technology | 1.19% | ₹76.15 Cr | +0.75% | +0.54% | — |
| Timken India Ltd. | Capital Goods | 1.18% | ₹75.26 Cr | +1.33% | +1.54% | +1.28% |
| Fortis Healthcare Ltd. | Healthcare | 1.09% | ₹69.30 Cr | — | — | — |
| Privi Speciality Chemicals Ltd. | Chemicals | 0.90% | ₹57.39 Cr | +1.40% | +2.81% | +0.81% |
| INDO-MIM Ltd. | Capital Goods | 0.80% | ₹51.24 Cr | — | — | — |
| Nestle India Ltd. | Consumer Staples | 0.62% | ₹39.30 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.31% | ₹19.86 Cr | +0.31% | +0.36% | +0.34% |
| Clean Science And Technology Ltd. | Chemicals | 0.26% | ₹16.83 Cr | +0.97% | +1.23% | +1.87% |
| Abbott India Ltd. | Healthcare | 0.21% | ₹13.56 Cr | +0.97% | +1.95% | +3.99% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Coforge Ltd. | 2.07% | 1.37% | -0.70% |
| Colgate-Palmolive (India) Ltd. | 0.68% | 0.00% | -0.68% |
| Maruti Suzuki India Ltd. | 2.42% | 1.88% | -0.54% |
| Aequs Ltd. | 0.73% | 1.19% | +0.46% |
| Aurobindo Pharma Ltd. | 3.06% | 2.62% | -0.44% |
| Others | 0.35% | 0.07% | -0.28% |
| Sona BLW Precision Forgings Ltd. | 3.63% | 3.90% | +0.27% |
| INDO-MIM Ltd. | 0.54% | 0.80% | +0.26% |
| Balkrishna Industries Ltd. | 1.44% | 1.66% | +0.22% |
| Cummins India Ltd. | 4.56% | 4.77% | +0.21% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.51% | 1.32% | -0.19% |
| Divi's Laboratories Ltd. | 5.64% | 5.82% | +0.18% |
| Abbott India Ltd. | 0.38% | 0.21% | -0.17% |
| Biocon Ltd. | 2.76% | 2.61% | -0.15% |
| Fortis Healthcare Ltd. | 1.22% | 1.09% | -0.13% |
| Sun Pharmaceutical Industries Ltd. | 3.55% | 3.42% | -0.13% |
| Aether Industries Ltd. | 3.32% | 3.20% | -0.12% |
| Gokaldas Exports Ltd. | 1.63% | 1.51% | -0.12% |
| Anthem Biosciences Ltd. | 3.08% | 2.96% | -0.12% |
| Bosch Ltd. | 4.02% | 4.13% | +0.11% |
| Clean Science And Technology Ltd. | 0.37% | 0.26% | -0.11% |
| Foseco India Ltd. | 1.62% | 1.72% | +0.10% |
| Hyundai Motor India Ltd. | 2.76% | 2.67% | -0.09% |
| Siemens Ltd. | 3.00% | 2.92% | -0.08% |
| Bharat Forge Ltd. | 1.88% | 1.81% | -0.07% |
| Sudeep Pharma Ltd. | 1.24% | 1.30% | +0.06% |
| Britannia Industries Ltd. | 1.95% | 1.89% | -0.06% |
| Nestle India Ltd. | 0.67% | 0.62% | -0.05% |
| Aster DM Quality Care Ltd. | 1.80% | 1.75% | -0.05% |
| Grindwell Norton Ltd. | 2.45% | 2.50% | +0.05% |
| Timken India Ltd. | 1.13% | 1.18% | +0.05% |
| Amagi Media Labs Ltd. | 2.15% | 2.19% | +0.04% |
| Cohance Lifesciences Ltd. | 1.49% | 1.53% | +0.04% |
| Vedanta Ltd. | 2.07% | 2.03% | -0.04% |
| CCL Products (India) Ltd. | 2.03% | 2.00% | -0.03% |
| Privi Speciality Chemicals Ltd. | 0.93% | 0.90% | -0.03% |
| Tenneco Clean Air India Ltd | 2.15% | 2.18% | +0.03% |
| Reserve Bank of India | 0.29% | 0.31% | +0.02% |
| Samvardhana Motherson International Ltd. | 2.54% | 2.56% | +0.02% |
| Kennametal India Ltd. | 1.96% | 1.94% | -0.02% |
| Cipla Ltd. | 2.10% | 2.11% | +0.01% |
| Hindustan Unilever Ltd. | 1.64% | 1.65% | +0.01% |
| Vedanta Aluminium Metal Ltd. | 3.89% | 3.88% | -0.01% |
| Garware Technical Fibres Ltd. | 1.94% | 1.93% | -0.01% |
| ABB India Ltd. | 3.18% | 3.19% | +0.01% |
| Navin Fluorine International Ltd. | 3.62% | 3.62% | 0.00% |
| 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 | ₹1,971 Cr | 2.33% | 0.7% | 2.1% | 6.5% |
 Aditya Birla Sun Life MNC Fund | ₹3,029 Cr | 2.12% | -8.6% | -2.7% | 3.4% |
 UTI MNC Fund | ₹2,619 Cr | 2.17% | 2.3% | 3.0% | 7.3% |
 ICICI Prudential MNC Fund | ₹1,703 Cr | 2.14% | 1.3% | 4.4% | 8.8% |
 HDFC MNC Fund | ₹534 Cr | 2.87% | 7.9% | 3.6% | — |
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 months7.57% absolute | ₹60,000 | ₹64,542 | 7.57% | |
| 1 year13.53% annualised | ₹1,20,000 | ₹1,29,169 | 7.64% | |
| 3 years7.07% annualised | ₹3,60,000 | ₹4,02,076 | 11.69% | |
| 5 years6.65% annualised | ₹6,00,000 | ₹7,13,412 | 18.90% |
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 ₹405.30 as on 9 Nov 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 16.7% over 1 year, 7.8% over 3 years and 8.4% 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 ₹13,34,527 Cr under management.