November 5, 2022
mayank
SBI Equity Minimum Variance Fund
NAV Growth: Rs 17.1042
NAV IDCW: Rs 17.1031
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
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 Manager:
1) Raviprakash Sharma
Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience: 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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 15 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 19-Mar-19 |
| Return Since Launch | 16.20% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 131 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.43% |
| (As on 30-Sep-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 39.00% |
SBI Equity Minimum Variance Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Eqt Minimum Variance Dir | 7.43 | 0.07 | 3.49 | 4.07 | 10.56 | 7.39 | 18.09 | — | — | — |
| S&P BSE 500 TRI | 5.04 | -0.06 | 5.94 | 4.53 | 6.25 | 3.07 | 18.47 | — | — | — |
SBI Equity Minimum Variance Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Eqt Minimum Variance Dir | Unrated | 7.39 | 18.09 | — | 0.43 | 131 | 16.20 | 0.50 (15) | 3yrs 7mo | 39.00 |
| ICICI Pru Ind Opp Dir | Unrated | 15.41 | 26.74 | — | 0.76 | 6,006 | 22.06 | 1.00 (365) | 3yrs 9mo | 61.00 |
| ICICI Pru Business Cycle Dir | Unrated | 7.46 | — | — | 0.65 | 4,857 | 21.87 | 1.00 (30) | 1yrs 9mo | 64.00 |
| ICICI Pru Hsng Opp Dir | Unrated | — | — | — | 0.35 | 2,784 | 8.90 | 1.00 (30) | 0yrs 6mo | 38.00 |
| ABSL Business Cycle Dir | Unrated | — | — | — | 0.41 | 2,307 | 7.10 | 1.00 (30) | 0yrs 11mo | — |
Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 4.01 |
| Portfolio P/E Ratio | 22.57 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,04,677 | 1,22,751 |
| Giant (%) | 54.96 | 45.47 |
| Large (%) | 45.04 | 26.56 |
| Mid (%) | — | 26.88 |
| Small (%) | — | 7.64 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For SBI Equity Minimum Variance Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
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