November 5, 2022
mayank
SBI Equity Savings Fund
NAV Growth: Rs 19.3491
NAV IDCW Quarterly: Rs 18.3234
NAV IDCW Monthly: Rs 17.7037
Suitable For Which Investors?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The scheme seeks to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.
Fund Manager:
1) Nidhi Chawla
Education: Ms. Chawla holds BBS degree and has also done MBE and CFA.
Experience: She joined SBI Mutual Fund in May 2007. She has been working as an equity research analyst covering various sectors including Real Estate, Infrastructure and Construction.
2) Mansi Sajeja
Education: Ms. Sajeja is a CFA and has done Post Graduate Diploma in Business Management.
Experience: Prior to joining SBIFMPL, she was Rating Analyst at ICRA Limited.
3) Neeraj Kumar
Education: Mr.Kumar is a B.Com(H) and ACA.
Experience: Prior to joining SBI AMC he has worked with SBI Funds Management Pvt. Ltd. and LIC.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0.1% for redemption within 15 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 27-May-15 |
| Return Since Launch | 9.27% |
| Benchmark | NIFTY Equity Savings TRI |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 2,423 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.66% |
| (As on 30-Sep-2022) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | — |
SBI Equity Savings Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Eqt Svngs Dir | 3.16 | 0.08 | 0.86 | 2.84 | 4.21 | 3.31 | 10.27 | 8.47 | 9.46 | — |
| VR MIP TRI | 3.48 | 0.12 | 2.17 | 2.47 | 5.17 | 2.66 | 8.58 | 8.06 | 8.58 | — |
| Hybrid: Equity Savings | 3.69 | -0.03 | 1.47 | 2.32 | 4.56 | 3.34 | 9.43 | 7.76 | 8.36 | — |
| Rank within category | 16 | 2 | 20 | 7 | 12 | 13 | 9 | 7 | 1 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 14 | 11 | 0 |
SBI Equity Savings 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 Svngs Dir | 3 star | 3.31 | 10.27 | 8.47 | 0.66 | 2,423 | 9.27 | 0.10 (15) | 7yrs 5mo | 475.00 |
| HDFC Eqt Svngs Dir | 4 star | 4.93 | 11.21 | 8.70 | 1.15 | 2,577 | 10.20 | 1.00 (90) | 9yrs 10mo | 30.74 |
| Kotak Eqt Svngs Dir | 4 star | 6.12 | 10.42 | 8.98 | 1.09 | 1,968 | 9.39 | 1.00 (90) | 8yrs 0mo | 30.73 |
| Mirae Asset Eqt Svngs Dir | 5 star | 3.38 | 12.39 | — | 0.41 | 581 | 12.28 | 1.00 (365) | 3yrs 10mo | 370.00 |
| Mahindra Mnulife Eqt Svngs Dhan Sanchay Yjn Dir | 4 star | 2.42 | 12.93 | 9.43 | 0.62 | 444 | 10.52 | 1.00 (365) | 5yrs 9mo | 377.00 |
Portfolio Analysis
| Number of Stocks | 90 |
| Number of Bonds | 16 |
| Average Maturity (yrs)* | — |
| Top 10 Holdings (*) | –% |
| Portfolio P/B Ratio | 3.08 |
| Portfolio P/E Ratio | 22.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 75,474 | 1,83,604 |
| Giant (%) | 40.60 | 59.31 |
| Large (%) | 15.96 | 23.26 |
| Mid (%) | 31.68 | 13.69 |
| Small (%) | 11.76 | 4.58 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 164 | 88 |
| Modified Duration (yrs) | 2.82 | 1.19 |
| Average Maturity (yrs) | 4.00 | 1.85 |
| Yield to Maturity (%) | 7.33 | 6.73 |
| Avg Credit Rating | — |
Chanakya’s Mutual Fund Guidance For SBI Equity Savings Fund
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