SBI Equity Minimum Variance Fund Direct Growth

SBI Equity Minimum Variance Fund Direct Growth is an equity fund. This fund was started on 19 March, 2019. The fund is managed by Raviprakash Sharma. The fund could potentially beat inflation in the long-run.

1. SBI Equity Minimum Variance Fund Direct Growth has ₹198 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
2. The fund has an expense ratio 0.4.
   

SBI Equity Minimum Variance Fund Direct Growth has given a CAGR return of 14.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.74%, 14.25% and 24.21% respectively.

SBI Equity Minimum Variance Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Health, Financial Services, Tech, Consumer Cyclical, Basic Materials, Energy, Industrial, Utilities, Communication. Its top holdings are Nestle India Ltd, Hindustan Unilever Ltd, Sun Pharmaceuticals Industries Ltd, Britannia Industries Ltd, Tata Consultancy Services Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to provide long term capital appreciation by investing in a diversified basket of companies in Nifty 50 Index while aiming for minimizing the portfolio volatility. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Equity Minimum Variance Fund Direct Growth has no lock in period.