3 Year return
11.04%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹5088.38 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 |
14.16% |
3 |
Sundaram Equity Savings Fund |
12.85% |
5 |
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) Direct Plan Growth |
12.85% |
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 Quarterly IDCW Reinvestment
The SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment is a mutual fund offered by the State Bank of India Mutual Fund (SBI MF). NIFTY Equity Savings Total Return Index happens to be the benchmark for the scheme. It is an open-ended equity fund, which means that you can buy and sell units of the fund anytime during the trading day. The equity saving funds generate returns by investing in equity, debt, and arbitrage opportunities. The company has a lower expense ratio as compared to the category average, which means investors have ample chances of higher returns.
Investment Objectives of the Scheme
The investment objective of SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment is to generate long-term capital appreciation. To achieve the scheme objective, the fund manager would invest the corpus in a diversified portfolio consisting of equity and equity-related instruments.
Key Features of The Fund
5-year return | 12.76% |
Expense Ratio | 0.66% |
Fund Manager | Neeraj Kumar |
Fund Size | ₹5088.38 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
The SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment fund is suitable for investors who are looking for growth potential over the long term. It is a good option for investors who are willing to take on some risk in exchange for the potential for higher returns. However, the fund is not suitable for those investors looking for some recurring income like dividends as the fund’s investment has an objective to deliver returns in the long term.
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 Direct Plan Quarterly IDCW Reinvestment?
What is the AUM of SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment?
What is the expense ratio of SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment?
What are the returns of SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment?
How do I invest in SBI Equity Savings Fund Direct Plan Quarterly IDCW Reinvestment?
- 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 Direct Plan Quarterly IDCW Reinvestment?
- 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 Direct Plan Quarterly IDCW Reinvestment?
- 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 Direct Plan Quarterly IDCW Reinvestment?
- 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.