SBI Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 28-01-2025
₹ 24.74
Inception Returns
9.8%
/yr
About SBI Equity Savings Fund Direct Growth
SBI Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 27 May, 2015. The fund is managed by Nidhi Chawla, Neeraj Kumar, Mansi Sajeja. This fund gives you the benefit of diversification.
Key Parameters
- SBI Equity Savings Fund Direct Growth has ₹5870 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
SBI Equity Savings Fund Direct Growth has given a CAGR return of 9.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.10%, 9.81% and 10.94% respectively.
Holdings
SBI Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Corporate, Industrial, Government, Basic Materials, Energy, Health, Real Estate, Securitize, Utilities, Communication, Tech, Consumer Defensive.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of SBI Equity Savings Fund Direct Growth
The scheme aims to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. SBI Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for SBI Equity Savings Fund Direct Growth
SBI Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.88% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹5870 Cr |
| Inception Date | 27 May, 2015 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 86.59% |
| 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 |   Moderately High risk |
Trailing Returns
as on (28-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 5.9K Cr as of Dec'24
- AUM decreased by 112.1 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Financial Services, Corporate & Consumer Cyclical
Mutual Fund Insights
SBI Equity Savings Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹5870 Cr
Expense Ratio 0.88%
Frequently Asked Questions for SBI Equity Savings Fund Direct Growth
SBI Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.09% | -3.09% |
6 Month Returns | -0.45% | -0.45% |
1 Year Returns | 8.1% | 8.1% |
3 Years Returns | 32.39% | 9.81% |
5 Years Returns | 68.07% | 10.94% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 54.28 |
AA | 45.72 |