SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Equity - Other
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 19 March, 2019. The fund is managed by Mohit Jain, Raviprakash Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl has ₹190 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 18.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.74%, 17.29% and 18.48% respectively.

Holdings

SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Health, Financial Services, Tech, Consumer Cyclical, Basic Materials, Energy, Communication, Utilities, Industrial. Its top holdings are Britannia Industries Ltd, Hindustan Unilever Ltd, Dr Reddy's Laboratories Ltd, Nestle India Ltd, Tata Consultancy Services Ltd

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.41%
Benchmark
IISL Nifty 50 TR INR
AUM₹190 Cr
Inception Date19 March, 2019
Min Lumpsum/SIP₹5000/--
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
37.3%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.8%

  • Debt & Cash 0.2%

Large cap
98.7%

Mid cap
1.1%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Defensive
29%
Health
22.5%
Financial Services
10.9%
Tech
10.8%
Consumer Cyclical
7.4%
Basic Materials
6.9%
Energy
5.2%
Communication
2.9%
Utilities
2.2%
Industrial
2.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Mohit Jain
Mohit Jain
Fund Manager of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl, since 19 March 2019
Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl, since 19 March 2019

SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.06% since inception which is less than its category average return of 26.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.77% in Equity, 0% in Debt and 0.23% in Cash related instruments
AUM size ₹190 Cr

AUM size ₹190 Cr

This fund has AUM of ₹190 Cr which is less than its category average of ₹ 1976 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is ₹23.87 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.58%
5.58%
6 Month Returns
13.9%
13.9%
1 Year Returns
31.74%
31.74%
3 Years Returns
61.35%
17.29%
5 Years Returns
133.46%
18.48%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.41% as on May 2024
₹190 Cr as on May 2024
Britannia Industries Ltd(8.37%), Hindustan Unilever Ltd(8.19%), Dr Reddy's Laboratories Ltd(7.56%), Nestle India Ltd(7.29%), Tata Consultancy Services Ltd(6.02%) as on May 2024
Consumer Defensive(28.95%), Health(22.43%), Financial Services(10.88%) as on May 2024
The alpha ratio for the SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
5.19
2.63
3.39
As on May 2024
The alpha for SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
0.92
0.88
0.82
As on May 2024
The Beta for SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
1.75
0.88
0.75
As on May 2024
The sharpe ratio for SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
10.62
11.9
16.02
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.78 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.4 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mohit Jain, Raviprakash Sharma are the fund managers of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of SBI Equity Minimum Variance Fund Direct Payout Inc Dist cum Cap Wdrl is 0.5%