SBI Equity Savings Fund Direct Growth

SBI Equity Savings Fund Direct Growth

Hybrid

Direct

Equity Savings

NAV as on 11-12-2024

₹ 25.83

0.1%

1D

Inception Returns

10.5%

/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, Mansi Sajeja, Neeraj Kumar. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Equity Savings Fund Direct Growth has ₹5982 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

SBI Equity Savings Fund Direct Growth has given a CAGR return of 10.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.89%, 11.25% and 12.38% respectively.

Holdings

SBI Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Industrial, Government, Basic Materials, Energy, Health, Real Estate, Communication, Utilities, Tech, Securitize, 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 benefit
Gains 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

Annualised

zero opening, trading, fund transfer fee
349 people have invested ₹ 2.5Cr in SBI Equity Savings Fund Direct Growth in the last three months

INDmoney Rank for SBI Equity Savings Fund Direct Growth

Powered by IND quant engine
7
/13
25% Performance
65% Risk Management
69% Cost
7 out of 13 among equity savings

SBI Equity Savings Fund Direct Growth Overview

Expense ratio0.88%
Benchmark
NIFTY Equity Savings TR INR
AUM₹5982 Cr
Inception Date27 May, 2015
Min Lumpsum/SIP₹1000/₹500
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
86.59%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (11-Dec-24)

Period
SBI Equity Savings Fund Direct Growth
Equity Savings Index
1M
2%
1.4%
3M
2.3%
1%
6M
6.4%
5.3%
1Y
14.9%
13.1%
3Y
11.2%
9.4%
5Y
12.4%
10.4%

Fund Distribution

as on (31-Oct-24)

  • Equity 34.5%

  • Debt & Cash 65.5%

Large cap
37.6%

Small cap
16.2%

Mid cap
10%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
36.5%
Consumer Cyclical
17.7%
Industrial
15.4%
Basic Materials
10.3%
Energy
5.3%
Health
4%
Real Estate
4%
Tech
2.8%
Communication
2.4%
Utilities
1.4%
Consumer Defensive
0.5%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 5.6K Cr
₹ 5.4K Cr
₹ 5.1K Cr
  • AUM of the fund stands at 5.6K Cr as of Oct'24
  • AUM increased by 205.9 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Corporate & Consumer Cyclical

Oct'24
Financial Services
36%
Corporate
22%
Consumer Cyclical
18%
Sep'24
Financial Services
35%
Corporate
24%
Consumer Cyclical
18%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
231
222
228
Top 5 Company Concentration
19.6%
17.8%
18.3%
Company having highest exposure
HDFC Bank Ltd (9.5%)
HDFC Bank Ltd (8.9%)
HDFC Bank Ltd (9%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
103.6%
104.8%
102.8%
Sector having highest exposure
Financial Services (36.5%)
Financial Services (35.4%)
Financial Services (35.5%)
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Nidhi Chawla
Nidhi Chawla
Fund Manager of SBI Equity Savings Fund Direct Growth, since 1 January 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Savings Direct Growth
11.25%
9.39%
Mansi Sajeja
Mansi Sajeja
Fund Manager of SBI Equity Savings Fund Direct Growth, since 1 June 2021
Neeraj Kumar
Neeraj Kumar
Fund Manager of SBI Equity Savings Fund Direct Growth, since 27 May 2015
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 5 years, HSBC Equity Savings Direct Plan Growth Plan has given 15.07% return, outperforming this fund by 2.69% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.88% which is lower than the category average expense ratio of 1.07%.
Insights icon
In the last 3 years, HSBC Equity Savings Direct Plan Growth Plan has given 15.04% return, outperforming this fund by 3.79% per annum.
Insights icon
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 26.59% return, outperforming this fund by 11.7%.
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Over the last 1 month, this fund has increased expense ratio by 33.3% moving from 0.66 to 0.88.
Insights icon
Over the last 3 months, this fund has experienced a 17.6% growth in AUM moving from 5.08K Cr to 5.98K Cr.

SBI Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.45% since inception which is more than its category average return of 8.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 34.49% in Equity, 22.06% in Debt and 43.45% in Cash related instruments
AUM size ₹5982 Cr

AUM size ₹5982 Cr

This fund has AUM of ₹5982 Cr which is more than its category average of ₹ 1711 Cr
Expense Ratio 0.88%

Expense Ratio 0.88%

This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions for SBI Equity Savings Fund Direct Growth

The current NAV of SBI Equity Savings Fund Direct Growth is ₹25.83 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
SBI Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2%
2%
6 Month Returns
6.45%
6.45%
1 Year Returns
14.89%
14.89%
3 Years Returns
37.67%
11.25%
5 Years Returns
79.28%
12.38%
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0.88% as on November 2024
₹5982 Cr as on November 2024
HDFC Bank Ltd(6.47%), Reliance Industries Ltd(3.8%), Kotak Mahindra Bank Ltd(2.81%), State Bank of India(2.76%), ICICI Bank Ltd(2.75%) as on November 2024
Cash Equivalent(43.45%), Corporate(13.32%), Financial Services(11.43%) as on November 2024
AAA
52.98
AA
47.02
Nidhi Chawla, Mansi Sajeja, Neeraj Kumar are the fund managers of SBI Equity Savings Fund Direct Growth
The Exit load of SBI Equity Savings Fund Direct Growth is 0.1%