SBI Equity Savings Direct Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 23.39 as on 16-04-2024
Fund Performance
394 people have invested ₹ 45.3L in SBI Equity Savings Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 23.53% return, outperforming this fund by 3.07%.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.29% return, outperforming this fund by 2.32% per annum.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.44% return, outperforming this fund by 3.11% per annum.
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.06%.
Over the last 6 months, this fund has experienced a 48.4% growth in AUM moving from 3.06K Cr to 4.54K Cr.
Over the last 15 months, this fund has decreased expense ratio by 4.3% moving from 0.69 to 0.66.
INDmoney Rank of SBI Equity Savings Direct Growth
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5
/8
25% Performance
67% Risk Management
49% Cost
5 out of 8 among equity savings
About the SBI Equity Savings Direct Growth
SBI Equity Savings 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 Direct Growth has ₹4544 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
SBI Equity Savings Direct Growth Overview
 | 0.66% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹4544 Cr |
 | 27 May, 2015 |
 | ₹1000/₹500 |
 Exit Load | 0.1% |
 | No Lock-in |
 TurnOver | 125.69% |
SBI Equity Savings Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
60.8%
Mid cap
6.8%
Small cap
4%
Sector Allocation
Financial Services
39.7%
Industrial
17%
Consumer Cyclical
14.6%
Basic Materials
8.1%
Energy
7.3%
Communication
4.5%
Health
3%
Tech
2.4%
Consumer Defensive
1.9%
Real Estate
1.1%
Utilities
0.4%
Top Holdings of SBI Equity Savings Direct Growth as on (31-Mar-24)
Equity Holdings103
Debt Holdings30
SBI Equity Savings Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.5K Cr as of Mar'24
- AUM increased by 360.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Equity Savings Direct Growth Fund Manager
Nidhi Chawla
Fund Manager of SBI Equity Savings Direct Growth, since 1 January 2022
Top funds managed
Neeraj Kumar
Fund Manager of SBI Equity Savings Direct Growth, since 27 May 2015
Top funds managed
Mansi Sajeja
Fund Manager of SBI Equity Savings Direct Growth, since 1 July 2021
Top funds managed
SBI Equity Savings Direct Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 10.03% since inception which is more than its category average return of 7.97%
Fund Allocations
This fund has an allocation of 36.98% in Equity, 22.4% in Debt and 40.62% in Cash related instruments
AUM size ₹4544 Cr
This fund has AUM of ₹4544 Cr which is more than its category average of ₹ 1219 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of SBI Equity Savings Direct Growth is ₹23.39 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
SBI Equity Savings Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.97% | 1.97% |
6 Month Returns | 6.39% | 6.39% |
1 Year Returns | 20.46% | 20.46% |
3 Years Returns | 37.99% | 11.33% |
5 Years Returns | 68.25% | 10.97% |
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.
0.66% as on March 2024
₹4544 Cr as on March 2024
HDFC Bank Ltd(8.45%), Reliance Industries Ltd(3.74%), ICICI Bank Ltd(3.73%), 7.38% Govt Stock 2027(3.55%), Kotak Mahindra Bank Ltd(2.74%) as on March 2024
Cash Equivalent(41.12%), Financial Services(14.7%), Corporate(12.68%) as on March 2024
AAA | 59.24 |
AA | 40.76 |
Nidhi Chawla, Neeraj Kumar, Mansi Sajeja are the fund managers of SBI Equity Savings Direct Growth
The Exit load of SBI Equity Savings Direct Growth is 0.1%