SBI Equity Minimum Variance Fund Direct - Growth
NAV as of Jul 05, 2024
24.460.86%
- Growth - Direct
(Earn upto 0.33% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.41%(0.65% Category
average)Fund Size:
Rs. 190.17 Cr(0.15% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
SBI Equity Minimum Variance Fund Direct - Growth
NAV as of Jul 05, 2024
24.460.86%
Expense Ratio:
0.41%
Fund Size:
Rs. 190.17 Cr
Fund Category:
Equity: Thematic
1. Current NAV: The Current Net Asset Value of the SBI Equity Minimum Variance Fund - Direct Plan as of Jul 05, 2024 is Rs 24.46 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 29.16% (1yr), 17.8% (3yr), 18.97% (5yr) and 18.27% (since launch). Whereas, Category returns for the same time duration are: 46.59% (1yr), 21.53% (3yr) and 21.1% (5yr).
3. Fund Size: The SBI Equity Minimum Variance Fund - Direct Plan currently holds Assets under Management worth of Rs 190.17 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.41% for Direct plan as on Jun 23, 2024.
5. Exit Load: SBI Equity Minimum Variance Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.5% if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
SBI Equity Minimum Variance Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 5.27 7.33 11.94 30.16 18.28 19.60 Category Avg 10.15 14.89 23.94 49.39 22.13 22.14 Rank within Category 67 62 55 42 16 13 No. of funds within Category 85 77 70 55 22 16 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 50 Total Return Index
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- Nifty 50
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SBI Equity Minimum Variance Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide long term capital appreciation by investing in a diversified basket of companies in Nifty 50 Index while aiming for minimizing the portfolio volatility.
Fund House | SBI Mutual Fund |
Launch Date | Mar 19, 2019 |
Benchmark | NIFTY 50 Total Return Index |
Return Since Launch | 18.58% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
SBI Equity Minimum Variance Fund Direct - Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit load of 0.5% if redeemed within 15 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 50 | 50 | 50 | 50 | 50 | 50 |
Top 5 Company Holdings | 37.43% | 37.71% | 38.19% | 37.95% | 38.13% | 37.9% |
Top 10 Company Holdings | 56.85% | 57.2% | 58.11% | 59.73% | 59.16% | 58.95% |
Company with Highest Exposure | Britannia Industries (8.37%) | Dr. Reddy's Laboratories (8.1%) | Nestle India (8.07%) | Dr. Reddy's Laboratories (8.33%) | Dr. Reddy's Laboratories (8.17%) | Nestle India (8.43%) |
Number of Sectors | 13 | 13 | 13 | 14 | 14 | 14 |
Top 3 Sector Holdings | 62.17% | 62.67% | 63.93% | 61.94% | 61.77% | 59.04% |
Top 5 Sector Holdings | 77.81% | 78.25% | 78.95% | 77.71% | 77.35% | 76.96% |
Sector with Highest Exposure | Consumer Staples (28.94%) | Consumer Staples (28.61%) | Consumer Staples (29.05%) | Consumer Staples (27.16%) | Consumer Staples (28.15%) | Consumer Staples (27.12%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Britannia Industries Consumer Staples 8.37 62.44 88.84 11.99 Hindustan Unilever Consumer Staples 8.19 58.23 43.74 -2.22 Dr. Reddy's Laboratories Healthcare 7.56 19.50 334.37 29.88 Nestle India Consumer Staples 7.29 77.65 33.15 13.37 TCS Technology 6.02 31.62 126.88 21.33 Cipla Healthcare 5.9 29.58 51.05 54.48 Sun Pharmaceutical Industries Healthcare 5.5 39.30 39.91 53.14 Bharti Airtel Communication 2.93 115.79 12.35 71.00 Tata Consumer Products Consumer Staples 2.77 94.21 12.07 41.78 ITC Consumer Staples 2.32 26.46 16.39 0.16
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y SBI Equity Minimum Variance Fund Direct - Growth 24.46 Unrated 190.17 5.27 30.16 18.28 19.60 Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - Growth 11.96 Unrated 113.52 17.33 - - - ICICI Prudential India Opportunities Fund Direct - Growth 35.40 Unrated 19,792.23 6.63 47.99 31.01 26.95 Baroda BNP Paribas Manufacturing Fund Direct - Growth 10.09 Unrated 0.00 - - - - Mirae Asset Nifty India Manufacturing ETF FoF Direct - Growth 19.01 Unrated 87.16 8.95 62.04 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.23VS13.51Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.85VS0.88Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.96VS1.20Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
13.80VS18.50Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
0.08VS3.99Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
17.19VS21.45Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
SBI Mutual Fund News
Fund Manager
- R.S.Raviprakash SharmaSince Mar 20194 schemes
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA). Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y SBI Nifty Next 50 Index Fund Direct - Growth Large Cap 20.14 922.39 66.99 SBI Gold Direct Plan-Growth Gold 22.67 1,871.57 23.04 SBI Nifty Index Direct Plan-Growth Large Cap 223.06 7,431.36 26.66 SBI BSE Sensex Index Fund Direct - Growth Large Cap 12.97 Unrated 175.63 23.56
More SBI Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
SBI Liquid Fund Direct Plan-Growth | 70,911.57 | 0.60 | 1.86 | 3.75 | 7.33 | 5.77 | |
SBI Equity Hybrid Fund Direct Plan-Growth | 68,372.47 | 4.19 | 8.98 | 12.91 | 25.95 | 14.41 | |
SBI Bluechip Direct Plan-Growth | 46,084.82 | 5.97 | 12.06 | 13.63 | 27.06 | 17.69 | |
SBI Focused Equity Fund Direct Plan-Growth | 33,488.95 | 6.89 | 13.39 | 15.99 | 33.89 | 16.38 | |
SBI Arbitrage Opportunities Fund Direct-Growth | 31,116.02 | 0.67 | 2.10 | 4.32 | 8.38 | 6.49 | |
SBI Contra Direct Plan-Growth | 30,520.42 | 6.59 | 12.78 | 20.93 | 49.29 | 29.99 | |
SBI Balanced Advantage Fund Direct - Growth | 30,096.32 | 3.49 | 6.95 | 13.85 | 25.85 | - | |
SBI Small Cap Fund Direct-Growth | 28,375.34 | 7.94 | 21.55 | 22.81 | 44.00 | 26.26 | |
SBI Savings Fund Direct-Growth | 24,347.58 | 0.65 | 1.96 | 3.93 | 7.53 | 6.02 | |
SBI Long Term Equity Fund Direct Plan-Growth | 23,887.64 | 6.60 | 16.01 | 29.12 | 59.90 | 29.02 |
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1. SBI Equity Minimum Variance Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to SBI Mutual Fund House.
2. The fund was launched on Mar 19, 2019.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital appreciation by investing in a diversified basket of companies in Nifty 50 Index while aiming for minimizing the portfolio volatility. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.79% in equities, 0.0% in debts and 0.21% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 56.85% of the assets, the top 3 sectors constitute around 62.17% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on SBI Equity Minimum Variance Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about SBI Equity Minimum Variance Fund Direct - Growth
- Is it safe to invest in SBI Equity Minimum Variance Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the SBI Equity Minimum Variance Fund - Direct Plan comes under Very High risk category.
- What is the category of SBI Equity Minimum Variance Fund - Direct Plan?SBI Equity Minimum Variance Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in SBI Equity Minimum Variance Fund - Direct Plan?The suggested investment horizon of investing into SBI Equity Minimum Variance Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the SBI Equity Minimum Variance Fund - Direct Plan?The SBI Equity Minimum Variance Fund - Direct Plan is managed by Raviprakash Sharma (Since Mar 02, 2019).
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