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        <fundType>N/A</fundType>
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        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
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        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
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            <investmentAdviserName>Sit Investment Associates, Inc.</investmentAdviserName>
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        <transferAgents>
          <transferAgent>
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        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
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            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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        </custodians>
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            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
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        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>SIA Securities Corp.</brokerDealerName>
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            <brokerName>CITIGROUP GLOBAL MARKETS INC.</brokerName>
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            <brokerName>Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated</brokerName>
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            <brokerName>TD SECURITIES (USA) LLC</brokerName>
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          <broker>
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          <broker>
            <brokerName>LIQUIDNET, INC.</brokerName>
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        <aggregateCommission>29915.00000000</aggregateCommission>
        <principalAggregatePurchase>0.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>127085756.19000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>20000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="THE BANK OF NEW YORK MELLON"/>
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                <creditUser fundName="Sit Developing Markets Growth Fund" secFileNo="811-06373"/>
                <creditUser fundName="Sit Dividend Growth Fund" secFileNo="811-06373"/>
                <creditUser fundName="Sit ESG Growth Fund" secFileNo="811-06373"/>
                <creditUser fundName="Sit Global Dividend Growth Fund" secFileNo="811-06373"/>
                <creditUser fundName="Sit International Growth Fund" secFileNo="811-06373"/>
                <creditUser fundName="Sit Large Cap Growth Fund" secFileNo="811-03343"/>
                <creditUser fundName="Sit Mid Cap Growth Fund" secFileNo="811-03342"/>
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                <creditUser fundName="Sit US Government Securities Fund Inc" secFileNo="811-04995"/>
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            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>The Bank of New York Mellon</liquidityName>
            <liquidityLei>HPFHU0OQ28E4N0NFVK49</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-NY"/>
            <isAffiliatedPerson>N</isAffiliatedPerson>
            <assetClassType>Equity-common</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <attachmentsTab>
      <isLegalProceedings>false</isLegalProceedings>
      <isProvisionFinancialSupport>false</isProvisionFinancialSupport>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
      <isChangeAccPrinciples>false</isChangeAccPrinciples>
      <isInfoRequiredEO>false</isInfoRequiredEO>
      <isOtherInfoRequired>false</isOtherInfoRequired>
    </attachmentsTab>
    <signature registrantSignedName="SIT MUTUAL FUNDS INC" signedDate="2026-08-28" signature="Paul Rasmussen" title="Vice President, Treasurer &amp; Chief Compliance Officer"/>
  </formData>
</edgarSubmission>
