VR Logo

Unrated

SBI Equity Minimum Variance Fund - Direct Plan


Analyst's Choice?

Suitability:

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 multi 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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.35 0.11 1.52 3.06 4.59 5.16 -- -- -- -- --

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 8.01 (07-Oct-2019 - 07-Nov-2019) -6.51 (02-Jul-2019 - 01-Aug-2019)
Quarter 10.02 (05-Aug-2019 - 04-Nov-2019) -8.10 (30-Apr-2019 - 30-Jul-2019)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 58.78
Top 5 Stocks (%) 39.77
Top 3 Sectors (%) 60.43
Portfolio P/B Ratio 2.89
Portfolio P/E Ratio 18.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,38,106 73,021
Giant (%) 56.85 39.39
Large (%) 41.20 24.80
Mid (%) 1.95 24.95
Small (%) -- 13.09
Tiny (%) -- 0.28

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HCL Technologies Technology 15.58 8.57 7.68 8.29
down Dr. Reddy's Lab Healthcare 18.40 8.27 6.34 7.99
down Tata Consultancy Services Technology 25.67 8.25 4.76 7.98
down Wipro Technology 14.51 8.83 7.39 7.89
down Britannia Inds. FMCG 60.01 8.10 6.92 7.62
down Infosys Technology 20.00 9.09 6.55 7.10
down Tech Mahindra Technology 17.00 5.82 1.53 4.88
down Hindustan Unilever FMCG 67.70 7.39 3.72 3.72
down Power Grid Corporation Energy 6.63 2.50 1.00 1.84
down Tata Motors Automobile -- 1.47 0.74 1.47
down Tata Steel Metals 6.79 1.25 0.70 1.25
down Bharti Airtel Communication -- 1.24 0.77 1.24
down Eicher Motors Automobile 27.66 1.25 0.84 1.20
down ICICI Bank Financial 66.86 1.14 0.94 1.14
down State Bank of India Financial 28.05 1.18 0.78 1.13
down HDFC Financial 34.95 1.12 0.95 1.12
down Reliance Industries Energy 23.10 1.15 0.90 1.10
down JSW Steel Metals 9.81 1.10 0.81 1.10
down Hindalco Inds. Metals 80.78 1.08 0.91 1.08
down Sun Pharmaceutical Inds. Healthcare 25.19 1.18 0.89 1.08
down Bajaj Finserv Financial 41.37 1.19 0.87 1.04
down Kotak Mahindra Bank Financial 39.46 3.48 0.96 1.04
down Cipla Healthcare 23.48 2.62 0.95 1.03
down Maruti Suzuki India Automobile 37.39 1.04 0.86 1.03
down Nestle India FMCG 80.99 1.02 0.00 1.02

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Raviprakash Sharma since 02-Mar-2019

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.

Funds Managed:


0.11%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 10.5053

Dividend: ₹ 10.5054


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 19-Mar-2019
Return Since Launch: 5.62%
Benchmark: NIFTY 50 Total Return
Riskometer: High
Type: Open-ended
Assets: ₹ 49 Cr (As on 31-Dec-2019)
Expense: 0.32% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM