SBI Equity Savings Direct Growth - Latest NAV ₹16.889, Returns, Performance & Portfolio

SBI Equity Savings Direct Growth

  • highlight
    10.9%
  • highlight
    (--0.27)16.889

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 8.62 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years10.9%
3 Years8.73%
1 Year15.62%
6 Months13.67%
Fund Details
ISININF200KA1DF3
RiskModerately High risk
Fund TypeEquity Savings
NAV16.889
Exit Load0.1% for 15 Days

More about this fundstar

Top HoldingsWeightage
Housing Development Finance Corp Ltd7.94%
Reliance Industries Ltd Shs Dematerialised7.8%
Future on Housing Development Finance Corp Ltd Ordinary Shares6.26%
Future on Reliance Industries Ltd Shs Dematerialised5.45%
TMF Holdings Limited4.27%
Punjab National Bank3.09%
Adani Ports & Special Economic Zone Ltd2.84%
Future on Adani Ports & Special Economic Zone Ltd Ordinary Shares2.71%
Hindustan Unilever Ltd2.54%
ICICI Bank Ltd2.51%

About SBI Equity Savings Fund - Direct Plan - Growth

The fund aims to generate regular income by investing in arbitrage opportunities associated with the cash and derivatives segment of the equity market. The fund also generates capital appreciation through moderate exposure to equity.

Pros and Cons of SBI Equity Savings Fund - Direct Plan - Growth

The one-year, three-year, and five-year returns from the fund have been higher than the category average returns. On the other hand, the risk-adjusted returns of the fund are lower as compared to the category.

Fund Information and Statistics

i) Inception/Launch Date

The fund scheme was launched on 11 May 2015.

ii) Risk Level

The fund is associated with moderately high risk since it invests in arbitrage opportunities of the cash and derivatives segment of the equity market.

iii) Redemption

You can redeem the fund units at any time since there is no lock-in period for the principal invested. However, you may have to consider the exit load to calculate the returns before redeeming.

iv) Fund Manager

Mr Neeraj Kumar manages the arbitrage section and Mr Ruchit Mehta manages the equity and debt sections of the fund.

v) Entry/Exit Load

Entry load is not chargeable. Further, if you exit from the fund within 15 days from the date of allotment, an exit load of 0.10% will be charged. Exiting from the fund after completing 15 days will not attract any exit load.

About SBI Mutual Fund

SBI Mutual Fund, one of the oldest mutual fund houses in India, registered with SEBI on 23 December 1993. The sponsor for the fund is State Bank of India. On the other hand, SBI Mutual Fund Trustee Company Private Limited is the trustee company for the fund house. The average assets under management (AAUM) of the fund house are Rs.4,21,362.45 crore as on 30 September 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 8.62 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns