SBI Equity Hybrid Fund Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rama Iyer Srinivasan, Dinesh Ahuja is the Current Fund Manager of SBI Equity Hybrid Fund Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹32,470 Cr and the Latest NAV as of 27 Mar 2020 is ₹126.28.
The SBI Equity Hybrid Fund Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
To provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days