|Min SIP Amount||₹500|
|NAV||₹15.57 (22 Jan 2021)|
|Fund Started||27 May 2015|
|Fund Size||₹1,350 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||8.3%|
|Reliance Industries Ltd.||Energy||Equity||8.2%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||5.8%|
|TMF Holdings Ltd.||Financial||Debenture||4.2%|
|Punjab National Bank||Financial||Debenture||3.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.6%|
|ICICI Bank Ltd.||Financial||Equity||2.5%|
|Tech Mahindra Ltd.||Technology||Equity||2.5%|
|HDFC Bank Ltd.||Financial||Equity||2.5%|
SBI Equity Savings Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 27 May 2015. Ruchit Mehta, Neeraj Kumar is the Current Fund Manager of SBI Equity Savings Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,350 Cr and the Latest NAV as of 22 Jan 2021 is ₹15.57.
The SBI Equity Savings Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 0.10% if redeemed within 15 days.
The scheme seeks 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.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.