3 Year return

11.23%
Launched on May 2015 (9 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹4701.18 Cr.

Expense Ratio

0.67% (inclusive of GST)

Exit Load

0.10% - For exit on or before 15 days from the date of allotment. Nil - For exit after 15 days from the date of allotment.

Ratings

ARQ Rating
2.5

Ratings by other agencies

3
0
4

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

SBI Mutual Fund Managers

NK

Neeraj Kumar

Fund Manager since May 2015

View Details

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹915,901.53 Cr.
No. of Schemes 213
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Equity Savings Fund Direct Plan-Growth

SBI Equity Savings Fund Direct Plan is a mutual fund by SBI Mutual Fund that allows investors to invest in domestic equity and equity-related instruments across large, mid, and small-cap companies. The fund falls into the category of ESS funds. However, a small portion is also allocated to debt instruments such as sovereign bonds and other low-risk securities. The fund is open-ended, meaning investors can invest or withdraw at any time.

Investment Objective of the Scheme

The SBI Equity Savings Fund invests in equity and equity-related instruments for capital appreciation. ESS funds invest in a mix of stocks, bonds, and arbitrage opportunities to generate a stable return.

Key Features of The Fund

5-year return 11.93%
Expense Ratio 0.67%
Fund Manager Neeraj Kumar
Fund Size ₹4701.18 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

SBI Equity Savings Fund invests in a mixed bag of equities, debt, and other money market instruments intending to generate stable returns. These schemes are treated like equity schemes for tax purposes. If investors hold their investment for more than 1 year then a return below ₹1,00,000 is tax exempt. The risk level of investing in the fund is significantly high, arising from the fund’s allocation to equities. You may invest in the fund if your risk tolerance level is high and you are ready to invest over a medium to long-term investment horizon.

AMC Contact Details

Name SBI Mutual Fund
Launch Date June 1987
Addresss 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact 1800 209 3333 1800 425 5425
Email customer.delight@sbimf.com
Website https://www.sbimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Explore Tax-Saving Investment Advantages With SIPs

Maximise your earnings and save on taxes with Systematic Investment Plans (SIPs). Use our intuitive SIP investment calculator to discover the tax-saving benefits and accurately estimate your returns. Invest wisely and watch your savings grow while enjoying significant tax advantages. Start your journey to smart, substantial savings today.

FAQs

What is today's NAV of SBI Equity Savings Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Equity Savings Fund Jun 20 2024 is 24.4729

What is the AUM of SBI Equity Savings Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Equity Savings Fund is 4701.18 crore.

What is the expense ratio of SBI Equity Savings Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of SBI Equity Savings Fund is 0.67%

What are the returns of SBI Equity Savings Fund since inception?

The SBI Equity Savings Fund was launched on May 11 2015. The fund has delivered a CAGR of 10.33 since inception.

What is the minimum SIP amount to invest in SBI Equity Savings Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Equity Savings Fund is 500.

How do I invest in SBI Equity Savings Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in SBI Equity Savings Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in SBI Equity Savings Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in SBI Equity Savings Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.