SBI MNC FUND
SBI Mutual Fund · Sectoral/Thematic · Direct plan, growth option
| Period | Scheme | Category median | MNC median |
|---|---|---|---|
| 1 month | -4.9% | -5.4% | -5.9% |
| 3 months | 1.6% | -2.8% | -3.6% |
| 6 months | 18.7% | 8.9% | 8.1% |
| Year to date | 12.8% | -2.0% | -1.5% |
| 1 year | 14.4% | 1.4% | -0.1% |
| 3 years (CAGR) | 6.6% | 13.0% | 6.7% |
| 5 years (CAGR) | 7.9% | 12.0% | 7.7% |
| 7 years (CAGR) | 13.4% | 17.0% | 12.3% |
| 10 years (CAGR) | 11.3% | 14.6% | 10.1% |
| Since first NAV (CAGR) | 14.5% | – | – |
“MNC” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.2% | 11.8% |
| 3Y rolling median | 12.9% | 17.5% |
| 3Y rolling worst | -0.8% | 3.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 15% | 84% |
| 5Y rolling median | 14.3% | 15.6% |
| 5Y rolling worst | 1.0% | 1.8% |
| 5Y periods ahead of benchmark | 0% | 91% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 13.8% | 16.7% |
| Sharpe ratio | 0.09 | 0.42 |
| Sortino ratio | 0.13 | 0.63 |
| Beta | 0.76 | 0.96 |
| Alpha (ann.) | -1.3% | 3.7% |
| Upside capture | 77.19 | 106.94 |
| Downside capture | 84.44 | 95.17 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −27.5% | −23.1% |
| Maximum drawdown, last 10Y | −27.5% | −38.3% |
| Maximum drawdown, last 5Y | −18.8% | −22.3% |
| Current drawdown | −5.5% | −8.3% |
| Recovery time of worst fall | 148 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 21.6: higher than 4% of days since 2022 (median 23.9)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.03% a year and the Direct plan's 1.39%, a gap of 0.64%; over the last 3 years the Direct plan returned 0.71 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹14,26,138.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 29 Sep 2026: TER reduced from 1.44% to 1.39% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 1.43% to 1.44% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 1.44% to 1.43% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 1.43% to 1.44% (AMFI TER disclosure)
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.39% | 1.15% |
| AUM, whole scheme (₹ crore) | 6,381 | 1,272 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 15.9% | 3.0% TRI |
| Return, 3 years (AMFI) | 6.8% | 12.7% TRI |
| Return, 5 years (AMFI) | 8.1% | 10.9% TRI |
| Month-ends above category median (3Y CAGR) | 33% | 53% median |
| Month-ends in category top quartile (3Y) | 3% | 24% median |
| 7Y rolling CAGR, median (monthly windows) | 13.6% | 15.2% median |
Official benchmark: Nifty MNC TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Direct plans; how it is calculated.
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 12.8% | -7.8% | +20.6% |
| 2025 | -5.0% | 7.7% | −12.7% |
| 2024 | 8.9% | 15.6% | −6.7% |
| 2023 | 24.4% | 26.5% | −2.2% |
| 2022 | -5.0% | 3.8% | −8.8% |
| 2021 | 40.7% | 30.6% | +10.1% |
| 2020 | 20.8% | 17.2% | +3.6% |
| 2019 | 6.3% | n/a | – |
| 2018 | -9.2% | n/a | – |
| 2017 | 43.2% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,30,466 | 16.5% |
| 3 years | ₹3,60,000 | ₹4,03,989 | 7.6% |
| 5 years | ₹6,00,000 | ₹7,46,175 | 8.7% |
| 10 years | ₹12,00,000 | ₹22,04,586 | 11.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| PGIM India Multi Cap Fund | Multi Cap | 0.94 | n/a |
| Invesco India Manufacturing Fund | Sectoral/Thematic | 0.93 | n/a |
| Kotak MNC Fund | Sectoral/Thematic | 0.93 | n/a |
| WhiteOak Capital Special Opportunities Fund | Sectoral/Thematic | 0.92 | n/a |
| Kotak Special Opportunities Fund | Sectoral/Thematic | 0.92 | n/a |
| Baroda BNP Paribas Innovation Fund | Sectoral/Thematic | 0.92 | n/a |
- What is the latest NAV of SBI MNC FUND?
- The NAV of the Direct plan (growth option) was ₹440.4628 on 1 Oct 2026, as published by AMFI.
- Which category is SBI MNC FUND in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 253 Sectoral/Thematic schemes (Direct plans).
- What returns has SBI MNC FUND delivered?
- Over one year the NAV changed by 14.4%. The 3-year CAGR is 6.6% (category median 13.0%) and the 5-year CAGR is 7.9% (category median 12.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 12.9%, the lowest was -0.8%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 15% of those periods.
- What was the largest fall in SBI MNC FUND's NAV?
- The largest peak-to-trough fall in its available history was 27.5%; within the last five years it was 18.8% (category median 22.3%).
- How volatile is SBI MNC FUND?
- Its annualised standard deviation of monthly returns over the last 36 months is 13.8%, which is below the Sectoral/Thematic category median of 16.7%.
- What would a monthly SIP in SBI MNC FUND have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,46,175 on 1 Oct 2026, an annualised return (XIRR) of 8.7%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of SBI MNC FUND?
- The total expense ratio of the Direct plan is 1.39% a year, as disclosed to AMFI (median of Sectoral/Thematic Direct plans: 1.15%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is SBI MNC FUND?
- Assets under management of the whole scheme were ₹6,381 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of SBI MNC FUND?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of SBI MNC FUND and how has it compared?
- Its official benchmark is the Nifty MNC TRI. Over 3 years AMFI reports a return of 6.8% for this plan against 12.7% for the benchmark total return index; over 5 years 8.1% against 10.9%. Past performance does not indicate future results.
- How often has SBI MNC FUND beaten its category?
- At 33% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Sectoral/Thematic schemes (Direct plans); it was in the top quarter at 3% of them. A typical scheme would show about 50%.
- What is the minimum investment in SBI MNC FUND?
- The minimum application amount is ₹2,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 14.4% and the Regular plan's by 13.7%. The Regular plan includes the services of a distributor.
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