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SBI Mutual Fund

SBI Comma Fund

SBI Mutual Fund · Direct plan · Growth

3-year returns
15.6%
a year
NAV
₹127.04
▲ 1.5% · 18 Sept 2026
Fund size
₹1,237 Cr
Expense ratio
1.45%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹116.50 and has returned 14.87% a year over 3 years.

Returns, and where it stands

Against the average sectoral / thematic fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year9.9%5.2%ahead64 of 221
3 years15.6%14.5%ahead56 of 136
5 years10.8%12.9%behind67 of 98
10 years15.6%14.5%ahead26 of 68
Every period, and the Regular plan →
PeriodDirectRegular
1 month-0.8%-0.8%
3 months0.6%0.4%
6 months7.1%6.7%
1 year9.9%9.1%
2 yearsp.a.5%4.3%
3 yearsp.a.15.6%14.9%
5 yearsp.a.10.8%10.2%
7 yearsp.a.20%19.3%
10 yearsp.a.15.6%14.9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 9.85% in the last 1Y

112.9121.7130.418 Sept 202519 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹32,967
XIRR (per year)
11.27%
Value today
₹2,12,967

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What this fund holds

As on 31 August 2026

  • Equity96.3%
  • Cash3.49%
  • Debt0.24%

Top holdings

The ten largest holdings and their share of the fund
Sudeep Pharma LtdChemicals & Petrochemicals6.73%
Tata Steel LtdFerrous Metals6.38%
JSW Steel LtdFerrous Metals5.29%
Oil & Natural Gas Corporation LtdOil4.25%
CESC LtdPower3.75%
Gokaldas Exports LtdTextiles & Apparels3.69%
Arvind LtdTextiles & Apparels3.42%
Ultratech Cement LtdCement & Cement Products3.15%
Oil India LtdOil3.07%
NMDC LtdMinerals & Mining2.94%

and 33 more holdings.

Where the equity sits

  • Ferrous Metals16.5%
  • Chemicals & Petrochemicals13.9%
  • Power8.78%
  • Cement & Cement Products8.49%
  • Textiles & Apparels8.4%
  • Oil7.32%
  • Fertilizers & Agrochemicals5.97%
  • Non - Ferrous Metals5.56%

and 8 more sectors.

From the monthly portfolio SBI Mutual Fund publishes for this scheme, as required by SEBI. Cash covers bank balances, treasury bills lent overnight and money due to the scheme, which carry no ISIN and so are shown as the remainder.Original disclosure

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
18% a year
2.4% more than the category average — the bumpier side
Worst fall so far
−40.8%
Jan 2018 to Mar 2020, against −25.3% for the category.
Years that made money
73.4%
Of every one-year stretch it has been through.
Over any three years
-8.1% to 35.5%
A year, at worst and at best. Typically 17%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
1 Jan 2013
Portfolio turnover
0.17x
Expense ratio
1.45%
as of 31 Jul 2026

Managed by Dinesh Balachandran

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

SBI Comma Fund against other funds in the Sectoral / Thematic Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Taiwan Equity Fund118%61.43%1.24%₹1,128 Cr
HDFC Defence Fund21.09%37.07%0.9%₹11,478 Cr
HDFC Transportation and Logistics Fund7.35%24.8%1.09%₹2,116 Cr
SBI Healthcare Opportunities Fund20.88%24.31%18.52%1.02%₹5,796 Cr
UTI - Healthcare Fund16.82%24.15%16.09%1.28%₹1,444 Cr
LIC MF Infrastructure Fund8.97%23.9%21.88%1.35%₹1,174 Cr
SBI Comma Fund9.85%15.62%10.84%1.45%₹1,237 Cr

About SBI Comma Fund

SBI Comma Fund is a sectoral / thematic fund managed by SBI Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.

The scheme's stated objective, as published by SBI Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹127.0439119705
DirectIDCW₹72.2939119613
RegularGrowth₹116.5025103145
RegularIDCW₹66.1279103146

Frequently asked questions

What is the NAV of SBI Comma Fund today?

The NAV of SBI Comma Fund (Direct plan, Growth) is ₹127.0439 and the Regular plan NAV is ₹116.5025, as of 18 Sept 2026.

What returns has SBI Comma Fund given?

Over the last year the Direct plan returned 9.85%, and 15.62% a year over 3 years and 10.84% a year over 5 years. That places it 56 of 136 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of SBI Comma Fund?

The Direct plan charges 1.45% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in SBI Comma Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.

How much has SBI Comma Fund fallen in the past?

Its deepest fall was 40.8% from 12 Jan 2018 to 23 Mar 2020. Of every one-year stretch in its history, 73% ended in a gain.

What does SBI Comma Fund invest in?

As on 31 Aug 2026 it held 43 positions, the largest being Sudeep Pharma Ltd (6.7%), Tata Steel Ltd (6.4%), JSW Steel Ltd (5.3%). Its biggest sector was ferrous metals at 16.5% of the fund. Portfolios change every month.

Which category does SBI Comma Fund belong to?

It is a Sectoral / Thematic Fund from SBI Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from SBI Comma Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.