Equity
Direct
Equity - Other
NAV as on 23-12-2024
₹ 23.47
1D
Inception Returns
15.9%
/yr
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.
SBI Equity Minimum Variance Fund Direct Growth has given a CAGR return of 15.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.63%, 15.48% and 17.77% respectively.
SBI Equity Minimum Variance Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Health, Financial Services, Tech, Basic Materials, Consumer Cyclical, Energy, Industrial, Utilities, Communication. Its top holdings are Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries Ltd, Sun Pharmaceuticals 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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.
Expense ratio | 0.41% |
Benchmark | IISL Nifty 50 TR INR |
AUM | ₹217 Cr |
Inception Date | 19 March, 2019 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 43.18% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (23-Dec-24)
as on (30-Nov-24)
Top 3 Sectors in November were Consumer Defensive, Health & Financial Services
SBI Equity Minimum Variance Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.28% | -0.28% |
6 Month Returns | -1.31% | -1.31% |
1 Year Returns | 11.63% | 11.63% |
3 Years Returns | 53.99% | 15.48% |
5 Years Returns | 126.58% | 17.77% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Equity Minimum Variance Fund Direct Growth | -4.94 | 1.75 | 3.47 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Equity Minimum Variance Fund Direct Growth | 1.16 | 0.97 | 0.84 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Equity Minimum Variance Fund Direct Growth | 0.68 | 0.7 | 0.8 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Equity Minimum Variance Fund Direct Growth | 15.53 | 13.18 | 16.69 |