SBI Equity Savings Regular Growth - Latest NAV, Returns, Performance & Portfolio

SBI Equity Savings

  • highlight7.39%
  • highlight-0.03(-0.23%)

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Min amount: 500

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years7.39%
1 Year3.39%
6 Months2.06%
Fund Details
ISININF200KA1DA4
RiskModerately High risk
Fund TypeEquity Savings
NAV12.8158
Exit Load0.1% for 15 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd4.98%
Axis Bank Ltd4.92%
Housing Development Finance Corp Ltd3.89%
HDFC Bank Ltd3.7%
Reliance Industries Ltd. 28-Mar-193.57%
Axis Bank Ltd. 28-Mar-193.24%
Muthoot Finance Limited2.99%
Housing Development Finance Corporation Ltd. 28-Mar-192.86%
Tata Consultancy Services Ltd2.71%
Bharti Telecom Limited2.43%

About SBI Equity Savings Fund

The SBI Equity Savings Fund is an open-ended equity savings scheme. It seeks to generate regular income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market as well as capital appreciation through a moderate exposure in equity.

Pros & Cons of SBI Equity Savings Fund

This scheme is suitable for the investors seeking:

  1. Under normal circumstances, the scheme invests around 65-90% of its assets in equity and equity-related instruments (including derivatives) of which around 15-70% is in cash-future arbitrage and 20-50% is in long equity exposure.
  2. Further, it invests around 10-35% of its assets in debt and money market instruments and up to 10% in REITs and InvITs.
  3. As on September 30, 2018, the scheme is not ranked under CRISIL’s Equity Savings Fund category. Further, it has generated returns of 6.52% per year over the last 3 years (as on January 04, 2019).

Fund Information and Statistics of SBI Equity Savings Fund

i) Inception / Launch date

The scheme was launched on 11 May 2015 by SBI Mutual Fund.

ii) Risk level

According to the asset allocation and investment objective of the scheme, it carries a moderately-high risk of investment.

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 or 100 units or the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager

Mr. Neeraj Kumar (since May 2015), and Mr. Ruchit Mehta (since May 2015) are the Fund Managers of the SBI Equity Savings Fund.

v) Entry / Exit load

There is no entry load in this scheme. The exit load structure is as follows: 1. If the units are redeemed after one year from the date of allotment of the said units, then the exit load = Nil 2. If the units are redeemed within one year from the date of allotment of the said units and: a. The number of units redeemed is up to 9% of the allotted units, then the exit load = Nil b. The number of units is more than 9% of the allotted units, then the exit load for the remaining units = 1% of the applicable NAV

Tax benefits of investing in SBI Equity Savings Fund

The following taxes are applicable to income arising from investing in this scheme: 1. STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units. 2. LTCG (units are held for a period of more than 12 months), in excess of Rs 1 lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About SBI Mutual Fund

SBI Mutual fund is formed by multiple investors who seek to invest on bonds, stock etc.The capital gains are registered with the Securities and Exchange Board of India (SEBI), and professional fund managers operate the funds and invest the fund capitals and attempts to produce capital gains.

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Min amount: 500

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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