3 Year return
11%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹5410.46 Cr.
Expense Ratio
0.66% (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.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
SBI Mutual Fund Managers
NK
Neeraj Kumar
Fund Manager since May 2015
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HSBC Equity Savings Fund |
14.3% |
3 |
Sundaram Equity Savings Fund |
12.31% |
5 |
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) Direct Plan Growth |
12.31% |
5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
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 | 12.72% |
Expense Ratio | 0.66% |
Fund Manager | Neeraj Kumar |
Fund Size | ₹5410.46 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 |
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.
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FAQs
What is today's NAV of SBI Equity Savings Fund?
What is the AUM of SBI Equity Savings Fund?
What is the expense ratio of SBI Equity Savings Fund?
What are the returns of SBI Equity Savings Fund since inception?
What is the minimum SIP amount to invest in SBI Equity Savings Fund?
How do I invest in SBI Equity Savings Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Equity Savings Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Equity Savings Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Equity Savings Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.