FAQ : SBI Equity Savings Fund - Growth - Direct Plan

SBI Equity Savings Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 21.02 10.96 11.7 N/A
Average Rolling Returns(%) 10.84 9.76 9.45 N/A

The Current NAV of SBI Equity Savings Fund - Growth - Direct Plan is ₹23.19.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark I-BEX (I-Sec Sovereign Bond Index) returns, as Funds portfolio is significantly different.

SBI Equity Savings Fund - Growth - Direct Plan fund’s expense ratio is 0.67%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Equity Savings Fund - Growth - Direct Plan is currently ₹4,183 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 25% of fund’s portfolio respectively.

Top three sectors of SBI Equity Savings Fund - Growth - Direct Plan fund are Others, BFSI and Miscellaneous accounting for 57% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Equity Savings Fund - Growth - Direct Plan Fund is Hybrid - Equity Savings.

Neeraj Kumar and Nidhi Chawla manage the SBI Equity Savings Fund - Growth - Direct Plan Fund.

SBI Equity Savings Fund - Growth - Direct Plan current PE ratio is 37.43 and PB ratio is 4.87

The asset allocation of SBI Equity Savings Fund - Growth - Direct Plan is Stocks : 66.95%, Debt : 31.26% and Gold : 1.79%

The minimum SIP amount for SBI Equity Savings Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00

The exit load for SBI Equity Savings Fund - Growth - Direct Plan is 0.10% on or before 15 days, Nil after 15 days

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