SBI Equity Savings Direct Growth

SBI Equity Savings Direct Growth

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Hybrid
Direct
Equity Savings
NAV: ₹ 23.39 as on 15-04-2024
Fund Performance
zero opening, trading, fund transfer fee
396 people have invested ₹ 45.5L in SBI Equity Savings Direct Growth in the last three months

Mutual Fund Insights

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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.
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In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 23.53% return, outperforming this fund by 3.07%.
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Over the last 1 month, this fund has decreased expense ratio by 1.5% moving from 0.67 to 0.66.
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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%.
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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.
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Over the last 6 months, this fund has experienced a 48.4% growth in AUM moving from 3.06K Cr to 4.54K Cr.

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

Key Parameters

  1. SBI Equity Savings Direct Growth has ₹4544 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

SBI Equity Savings Direct Growth Overview

Expense ratio
Expense ratio
0.66%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹4544 Cr
Inception Date
Inception Date
27 May, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0.1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
125.69%

SBI Equity Savings Direct Growth Distribution as on (31-Mar-24)

  • Equity 37%

  • Debt & Cash 63%

Size breakup

Large cap
60.8%
Mid cap
6.8%
Small cap
4%
Sector Allocation

Mar'24

Feb'24

Jan'24

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

  • Debt & Cash

Equity Holdings103
Debt Holdings30

SBI Equity Savings Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 4.5K Cr
₹ 4.2K Cr
₹ 3.9K Cr
  • 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

SBI Equity Savings Direct Growth Fund Manager

Mansi Sajeja
Mansi Sajeja
Fund Manager of SBI Equity Savings Direct Growth, since 1 July 2021
Neeraj Kumar
Neeraj Kumar
Fund Manager of SBI Equity Savings Direct Growth, since 27 May 2015
Nidhi Chawla
Nidhi Chawla
Fund Manager of SBI Equity Savings Direct Growth, since 1 January 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Savings Direct Growth
11.33%
9.29%

SBI Equity Savings Direct Growth Highlights

Risk meter
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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 10.03% since inception which is more than its category average return of 7.97%
Fund Allocations

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

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%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of SBI Equity Savings Direct Growth is ₹23.39 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-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.
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  • 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
Mansi Sajeja, Neeraj Kumar, Nidhi Chawla are the fund managers of SBI Equity Savings Direct Growth
The Exit load of SBI Equity Savings Direct Growth is 0.1%