SBI MNC Fund is a Thematic fund run by SBI Mutual Fund. On 30-09-2026, it managed ₹6,381 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.8% a year and its Regular plan returned 6.0% a year. Its benchmark, Nifty MNC TRI, returned 10.8% a year over the same 3 years.
NAV (Direct plan)
₹426.23
▼ 0.16% · 30-10-2026
NAV (Regular plan)
₹383.64
▼ 0.16% · 30-10-2026
Expense ratio
1.38%Direct2.01%Regular
1.38%
A year
Riskometer
Very High
Set by the fund house
3 year return
6.8%Direct6.0%Regular
6.8%
A year
SBI MNC Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹426.23 (down 0.16% that day); Regular Plan Growth ₹383.64 (down 0.16% that day).
This fund (Direct plan)
₹426.233
SBI MNC Fund Returns vs Nifty MNC TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.81%
−4.09%
+4.19%
+8.18%
+6.75%
+6.99%
+10.86%
This fund (Regular)
−3.86%
−4.24%
+3.86%
+7.48%
+6.04%
+6.26%
+10.04%
Nifty MNC TRI
−6.23%
−13.12%
−10.13%
−4.98%
+10.78%
+9.64%
+12.13%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
178/235
87/232
64/232
37/215
120/133
82/96
54/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
SBI MNC Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty MNC TRI
2026to date
+9.20%
+8.61%
−5.92%
2025
−4.98%
−5.61%
+10.75%
2024
+8.94%
+8.18%
+16.63%
2023
+24.36%
+23.50%
+24.10%
2022
−5.02%
−5.69%
+3.83%
2021
+40.71%
+39.64%
+24.64%
SBI MNC Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,675 periods, one for each trading day from 04-01-2016 to 30-10-2026.
0%10%20%30%40%
SBI MNC Fund (Direct)
Nifty MNC TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
SBI MNC Fund (Direct)Nifty MNC TRI
0%
0%
Below 0%
5%
8%
0-5%
32%
8%
5-10%
22%
26%
10-15%
17%
46%
15-20%
18%
12%
20-25%
7%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,163
12.2%
−18.7%
86.1%
18%
14.4%
57%
2 years
2,921
12.3%
−9.0%
53.1%
4%
16.0%
52%
3 years
2,675
12.8%
−0.8%
34.7%
0%
15.9%
47%
5 years
2,182
14.3%
1.0%
25.7%
0%
14.5%
37%
7 years
1,693
13.6%
9.9%
18.8%
0%
14.0%
54%
10 years
950
13.0%
9.8%
19.7%
0%
14.9%
30%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
12.2%
−22.8%
84.6%
20%
16.0%
56%
2 years
142
12.9%
−11.6%
60.5%
8%
13.3%
54%
3 years
130
12.8%
−6.7%
31.7%
4%
14.8%
51%
5 years
106
14.0%
−0.2%
24.3%
1%
14.1%
39%
7 years
82
13.4%
6.4%
17.8%
0%
13.5%
51%
10 years
46
13.9%
9.5%
15.7%
0%
14.3%
30%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty MNC TRI over the same days. Past returns do not promise future returns.
SBI MNC Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
SBI MNC Fund (Direct)This fund
Nifty MNC TRI
Return (CAGR)
+8.18%
−4.98%
Standard deviation
14.15%
15.40%
Sharpe ratio
0.21
-0.66
Sortino ratio
0.29
-0.87
Maximum drawdown
−12.4%
(23-10-2026)
−17.9%
(23-10-2026)
Beta
0.81
1.00
Alpha
+11.19%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI MNC Fund (Direct)This fund
Nifty MNC TRI
Return (CAGR)
+6.75%
+10.78%
Standard deviation
11.98%
14.02%
Sharpe ratio
0.06
0.34
Sortino ratio
0.08
0.46
Maximum drawdown
−15.4%
(07-04-2025)
−23.5%
(28-02-2025)
Beta
0.68
1.00
Alpha
−2.53%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI MNC Fund (Direct)This fund
Nifty MNC TRI
Return (CAGR)
+6.99%
+9.64%
Standard deviation
12.02%
13.71%
Sharpe ratio
0.10
0.28
Sortino ratio
0.14
0.38
Maximum drawdown
−18.8%
(17-06-2022)
−23.5%
(28-02-2025)
Beta
0.69
1.00
Alpha
−1.47%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI MNC Fund (Direct)This fund
Nifty MNC TRI
Return (CAGR)
+10.86%
+12.13%
Standard deviation
12.83%
15.38%
Sharpe ratio
0.43
0.44
Sortino ratio
0.59
0.60
Maximum drawdown
−27.5%
(23-03-2020)
−34.9%
(23-03-2020)
Beta
0.71
1.00
Alpha
+0.70%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
SBI MNC Fund (Direct)This fund
Nifty MNC TRI
Return (CAGR)
+14.10%
+13.57%
Standard deviation
12.46%
15.42%
Sharpe ratio
0.65
0.49
Sortino ratio
0.89
0.68
Maximum drawdown
−27.5%
(23-03-2020)
−34.9%
(23-03-2020)
Beta
0.65
1.00
Alpha
+3.15%
0.00%
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−40%−30%−20%−10%0%
SBI MNC Fund (Direct)
Nifty MNC TRI
2014201620182020202220242026
SBI MNC Fund (Direct)Nifty MNC TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
SBI MNC Fund (Direct)
−27.5%
13-02-2020
23-03-2020
18-08-2020
5 months
−8.6%
Nifty MNC TRI
−34.9%
28-08-2018
23-03-2020
20-11-2020
8 months
−16.0%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty MNC TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
SBI MNC Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
SBI MNC Fund Expense Ratio and Costs
What each plan charges a year, in force from 19-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
1.03%
0.04%
0.00%
0.31%
1.38%
1.18%
167/235
Regular
1.57%
0.04%
0.00%
0.40%
2.01%
2.41%
28/235
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
7.48%
8.18%
0.70%
₹1,07,480
₹1,08,180
3 years
6.04%
6.75%
0.71% a year
₹1,19,236
₹1,21,648
5 years
6.26%
6.99%
0.73% a year
₹1,35,472
₹1,40,190
10 years
10.04%
10.86%
0.82% a year
₹2,60,319
₹2,80,381
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
SBI MNC Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planSBI MNC Fund (Direct)Regular planSBI MNC Fund (Regular)Nifty MNC TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
SBI MNC Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
96.3%Equity
Asset
Fund
Category
Equity
96.3%
94.5%
Cash and others
3.4%
4.0%
Debt
0.3%
1.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
39.4%
45.7%
Mid Cap
24.1%
19.6%
Small Cap
31.9%
24.1%
Not on AMFI's list
0.8%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
SBI MNC Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Pharmaceuticals & Biotechnology21.3%
Auto Components17.6%
Chemicals & Petrochemicals11.0%
Industrial Products8.4%
Electrical Equipment6.1%
Automobiles4.5%
Non - Ferrous Metals3.9%
Textiles & Apparels3.4%
Healthcare Services2.8%
Industrial Manufacturing2.7%
The ten largest of 18 sectors. The other 8 add up to 14.4%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Pharmaceuticals & Biotechnology
23.0%
22.1%
21.3%
−1.7%
Auto Components
14.7%
17.2%
17.6%
+2.9%
Chemicals & Petrochemicals
9.1%
11.1%
11.0%
+1.9%
Industrial Products
9.0%
8.1%
8.4%
−0.5%
Electrical Equipment
5.7%
6.2%
6.1%
+0.4%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
SBI MNC Fund Portfolio Holdings
As on 30-09-2026 · 45 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
5.82%
0.0%
Cummins India Ltd.
Industrial Products
4.77%
+6.7%
Bosch Ltd.
Auto Components
4.13%
+3.7%
Sona Blw Precision Forgings Ltd.
Auto Components
3.90%
0.0%
Vedanta Aluminium Metal Ltd.
Non - Ferrous Metals
3.88%
0.0%
Navin Fluorine International Ltd.
Chemicals & Petrochemicals
3.62%
0.0%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
3.42%
0.0%
Aether Industries Ltd.
Chemicals & Petrochemicals
3.20%
−9.1%
ABB India Ltd.
Electrical Equipment
3.19%
+7.1%
Anthem Biosciences Ltd.
Pharmaceuticals & Biotechnology
2.96%
−5.2%
Siemens Ltd.
Electrical Equipment
2.92%
0.0%
Hyundai Motor India Ltd.
Automobiles
2.67%
0.0%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
2.62%
−16.5%
Biocon Ltd.
Pharmaceuticals & Biotechnology
2.61%
0.0%
Samvardhana Motherson International Ltd.
Auto Components
2.56%
0.0%
Grindwell Norton Ltd.
Industrial Products
2.50%
−1.8%
Amagi Media Labs Ltd.
IT - Services
2.19%
0.0%
Tenneco Clean Air India Ltd.
Auto Components
2.18%
0.0%
Cipla Ltd.
Pharmaceuticals & Biotechnology
2.11%
0.0%
Vedanta Ltd.
Diversified Metals
2.03%
0.0%
CCL Products (India) Ltd.
Agricultural Food & other Products
2.00%
−1.3%
Kennametal India Ltd.
Industrial Manufacturing
1.94%
0.0%
Garware Technical Fibres Ltd.
Textiles & Apparels
1.93%
0.0%
Britannia Industries Ltd.
Food Products
1.89%
0.0%
Maruti Suzuki India Ltd.
Automobiles
1.88%
−16.7%
Bharat Forge Ltd.
Auto Components
1.81%
0.0%
Aster DM Quality Care Ltd.
Healthcare Services
1.75%
0.0%
Foseco India Ltd.
Chemicals & Petrochemicals
1.72%
0.0%
Balkrishna Industries Ltd.
Auto Components
1.66%
+17.6%
Hindustan Unilever Ltd.
Diversified FMCG
1.65%
0.0%
Cohance Lifesciences Ltd.
Pharmaceuticals & Biotechnology
1.53%
0.0%
Gokaldas Exports Ltd.
Textiles & Apparels
1.51%
0.0%
Polymedicure Ltd.
Healthcare Equipment & Supplies
1.47%
0.0%
Coforge Ltd.
IT - Software
1.37%
−28.6%
ZF Commercial Vehicle Control Systems India Ltd.
Auto Components
1.32%
−10.0%
Sudeep Pharma Ltd.
Chemicals & Petrochemicals
1.30%
0.0%
Aequs Ltd.
Aerospace & Defense
1.19%
+36.2%
Timken India Ltd.
Industrial Products
1.18%
0.0%
Fortis Healthcare Ltd.
Healthcare Services
1.09%
0.0%
Privi Speciality Chemicals Ltd.
Chemicals & Petrochemicals
0.90%
−11.1%
INDO-MIM Ltd.
Industrial Manufacturing
0.80%
0.0%
Nestle India Ltd.
Food Products
0.62%
0.0%
364 DAY T-BILL 19.11.26 · Treasury bill
Sovereign
0.31%
Clean Science & Technology Ltd.
Chemicals & Petrochemicals
0.26%
−29.4%
Abbott India Ltd.
Pharmaceuticals & Biotechnology
0.21%
−48.8%
SBI MNC Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Cummins India Ltd.
↑Added
+6.7%
4.77%
Bosch Ltd.
↑Added
+3.7%
4.13%
Aether Industries Ltd.
↓Reduced
−9.1%
3.20%
ABB India Ltd.
↑Added
+7.1%
3.19%
Anthem Biosciences Ltd.
↓Reduced
−5.2%
2.96%
Aurobindo Pharma Ltd.
↓Reduced
−16.5%
2.62%
Grindwell Norton Ltd.
↓Reduced
−1.8%
2.50%
Maruti Suzuki India Ltd.
↓Reduced
−16.7%
1.88%
Coforge Ltd.
↓Reduced
−28.6%
1.37%
CCL Products (India) Ltd.
↓Reduced
−1.3%
2.00%
Balkrishna Industries Ltd.
↑Added
+17.6%
1.66%
ZF Commercial Vehicle Control Systems India Ltd.
↓Reduced
−10.0%
1.32%
Aequs Ltd.
↑Added
+36.2%
1.19%
Privi Speciality Chemicals Ltd.
↓Reduced
−11.1%
0.90%
Colgate Palmolive (India) Ltd.
↓Sold out
−100%
was 0.68%
Abbott India Ltd.
↓Reduced
−48.8%
0.21%
Clean Science & Technology Ltd.
↓Reduced
−29.4%
0.26%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
SBI MNC Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.38%
Expense ratio (Regular)
2.01%
Category
Thematic
Risk
Very High
Benchmark
Nifty MNC TRI
Launch date
30-09-1994
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹6,380.58 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119711
ISIN (Direct)
INF200K01SN1
Scheme code (Regular)
103034
ISIN (Regular)
INF200K01271
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load of 1%, if redeemed within 30 days.
Tax on SBI MNC Fund returns
SBI MNC Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹426.233
30-10-2026
direct
IDCW
₹152.1501
30-10-2026
regular
Growth
₹383.6415
30-10-2026
regular
IDCW
₹117.1995
30-10-2026
About SBI MNC Fund
SBI MNC Fund is a mutual fund from SBI Mutual Fund. Its category is Thematic. It was launched on 30-09-1994. Its benchmark is Nifty MNC TRI. At the end of September 2026 it held 45 securities.
The Direct plan NAV is ₹426.233. The Regular plan NAV is ₹383.6415, as on 30-10-2026.
What are the returns of SBI MNC Fund?
The Direct plan returned +8.18% in 1 year, +6.75% a year over 3 years, +6.99% a year over 5 years. The Regular plan returned +7.48% in 1 year, +6.04% a year over 3 years, +6.26% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of SBI MNC Fund?
The Direct plan charges 1.38% a year. The Regular plan charges 2.01% a year. This is the figure the fund house reported to AMFI, in force from 19-10-2026.
What is the AUM of SBI MNC Fund?
SBI MNC Fund managed ₹6,380.58 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of SBI MNC Fund?
At the end of September 2026 the largest holdings were DIVISLAB (5.82%), CUMMINSIND (4.77%), BOSCHLTD (4.13%), SONACOMS (3.90%), VAML-BE (3.88%). The fund held 45 securities in all.
What did SBI MNC Fund buy and sell in September 2026?
It sold out of 1: Colgate Palmolive (India) Ltd. It added shares in 5. It reduced 11.
How do I invest in SBI MNC Fund?
Through SBI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of SBI MNC Fund?
Tanmaya Desai (since 01-04-2024).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
Track SBI MNC Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.