Fund Details
SBI Equity Savings Fund Regular IDCW Quarterly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.74% |
| NAV | ₹15.56 (21 Jun 2021) |
|---|---|
| Fund Started | 27 May 2015 |
| Fund Size | ₹1,411 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 1.71%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.9% |
| TMF Holdings Ltd. | Financial | Debenture | 4.1% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 4.0% |
| Punjab National Bank | Financial | 2.8% | |
| ICICI Bank Ltd. | Financial | Equity | 2.8% |
| Tech Mahindra Ltd. | Technology | Equity | 2.5% |
| HDFC Bank Ltd. | Financial | Equity | 2.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.4% |
| Tata Steel Ltd. | Metals | Equity | 2.4% |
Fund Managers
SBI Equity Savings Fund Regular IDCW Quarterly Details
SBI Equity Savings Fund Regular IDCW Quarterly 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,411 Cr and the Latest NAV as of 21 Jun 2021 is ₹15.56.
The SBI Equity Savings Fund Regular IDCW Quarterly is rated Moderately High risk. Minimum SIP Investment is set to 500. Exit load of 0.10% if redeemed within 15 days.
Investment Objective
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.
Tax Implications
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.
