SBI Equity Minimum Variance Fund Direct - Growth

Q: What are the returns of SBI Equity Minimum Variance Fund?

The SBI Equity Minimum Variance Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 15.05% since inception. SBI Equity Minimum Variance Fund Returns 1-Year 3-Year 5-Year Since Inception -2.44% 15.58% 18.87% 15.05%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹24.46+0.05% 1 day change	15.05% p.a.	#NA View Ranked Funds	₹217 Cr

Historical NAV & returns

NAV: ₹24.46 as on Jul 21, 2025

This fund Category average

SBI Equity Minimum Variance Fund overview

Expense ratio	0.42% as on May 31, 2025
Exit load	0.5% Exit load of 0.5% if redeemed within 15 days.!
AUM (Fund size)	₹217 Cr
Lock-in Period	Nil
Age	6 yrs 4 m since Mar 02, 2019
Benchmark	Nifty 50 Total Return
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

SBI Equity Minimum Variance Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	-0.7%	-0.81%
3 Months	3.2%	4.83%
6 Months	4.98%	9.1%
1 Year	-2.44%	3.56%
2 Years	13.73%	17.56%
3 Years	15.58%	17.85%
4 Years	13.47%	14.54%
5 Years	18.87%	20.17%

View returns in detail

Asset allocationas on Apr 30, 2025

Large Cap 96.61%

Mid Cap 3.41%

Small Cap 0%

Other Cap 0%

Top holdings

Nestle India Ltd.8.14%

Hindustan Unilever Ltd.7.95%

Sun Pharmaceutical Industries Ltd.7.4%

ITC Ltd.5.71%

Top sectors

Consumer Staples 24.61%

Healthcare 17.43%

Financial 15.349999999999998%

Technology 11.939999999999998%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 0.13%

Net Receivables 0.07%

Other Holdings

Others 0.13%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Equity Minimum Variance Fund	N.A.	217 Cr	6 yrs 4 m	0.42%
ICICI Prudential Large Cap Fund	N.A.	68,034 Cr	12 yrs 6 m	0.85%
Nippon India Large Cap Fund	N.A.	39,677 Cr	12 yrs 6 m	0.67%
Edelweiss Large Cap Fund	N.A.	1,271 Cr	12 yrs 6 m	0.62%
Baroda BNP Paribas Large Cap Fund	N.A.	2,614 Cr	12 yrs 6 m	0.77%
Canara Robeco Bluechip Equity Fund	N.A.	16,027 Cr	12 yrs 6 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Equity Minimum Variance Fund	-0.7%	4.98%	-2.44%	15.58%	18.87%	N.A.
ICICI Prudential Large Cap Fund	-0.92%	9.77%	4.95%	20.69%	22.8%	14.65%
Nippon India Large Cap Fund	-0.76%	10.28%	4.83%	22.83%	26.01%	14.76%
Edelweiss Large Cap Fund	-1.66%	7.64%	2.44%	19.08%	20.76%	13.41%
Baroda BNP Paribas Large Cap Fund	-0.71%	7.4%	1.21%	19.48%	20.42%	13.36%
Canara Robeco Bluechip Equity Fund	-1.12%	9.92%	6.01%	18.74%	20.48%	14.64%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Equity Minimum Variance Fund	13.75	0.91	0.85	1.21
ICICI Prudential Large Cap Fund	12.09	0.89	1.29	2.07
Nippon India Large Cap Fund	12.75	0.94	1.41	2.32
Edelweiss Large Cap Fund	12.6	0.94	1.18	1.86
Baroda BNP Paribas Large Cap Fund	13.0	0.96	1.14	1.68
Canara Robeco Bluechip Equity Fund	12.03	0.9	1.18	1.77

View all Large Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.34 vs. 5.59 Underperformed at beating benchmark
Sharpe	0.85 vs. 6.72 Poor risk-adjusted returns
Beta	0.91 vs. 1.0 Less sensitive to market ups & downs
Standard deviation	13.75 vs. 10.5 More volatile performance

Compare SBI Equity Minimum Variance Fund in detail with

About this fund

About SBI Equity Minimum Variance Fund

SBI Equity Minimum Variance Fund Direct - Growth is a Large Cap mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 6 yrs 4 m, having been launched on 02/03/2019. SBI Equity Minimum Variance Fund Direct - Growth has ₹217 Crores worth of assets under management (AUM) as on 30/04/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Equity Minimum Variance Fund Direct - Growth as of 21/07/2025 is ₹24.46. The fund has an expense ratio of 0.42%, which is less than what most other Large Cap funds charge.

SBI Equity Minimum Variance Fund Direct - Growth returns of last 1-year are -2.22%. Since launch, it has delivered 15.29% average annual returns. The fund has doubled the money invested in it every 5 yrs.
SBI Equity Minimum Variance Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund has the majority of its money invested in Consumer Staples, Healthcare, Financial, Technology, Automobile sectors. It has taken less exposure in Consumer Staples, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Nestle India Ltd., Hindustan Unilever Ltd., Sun Pharmaceutical Industries Ltd., ITC Ltd., Tata Consultancy Services Ltd..

...

Fund AUM	217 Cr as on Apr 30, 2025
Scheme document	View Scheme Document

Fund managers

Raviprakash Sharma

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.

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.

SBI Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	11,45,315 Cr as on Jun 30, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI Contra Fund	N.A.	44,069 Cr	1.9%	32.91%
SBI PSU Fund	N.A.	5,035 Cr	-3.81%	31.5%
SBI Small Cap Fund	N.A.	31,790 Cr	0.88%	29.68%
SBI Infrastructure Fund	N.A.	4,872 Cr	-2.46%	29.61%
SBI Magnum Midcap Fund	N.A.	21,512 Cr	4.39%	29.25%
SBI Consumption Opportunities Fund	N.A.	3,028 Cr	-0.36%	27.96%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of SBI Equity Minimum Variance Fund?

The current Net Asset Value (NAV) of the SBI Equity Minimum Variance Fund - Direct Growth plan is approximately ₹24.46 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The SBI Equity Minimum Variance Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 15.05% since inception.

SBI Equity Minimum Variance Fund Returns

1-Year	3-Year	5-Year	Since Inception
-2.44%	15.58%	18.87%	15.05%

How much does this mutual fund charge as expense ratio?

The SBI Equity Minimum Variance Fund - Direct Growth has an expense ratio of 0.42%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The SBI Equity Minimum Variance Fund currently has assets under management (AUM) or fund size valued at approximately 217 Cr as on Apr 30, 2025.

What are the top stock holdings of SBI Equity Minimum Variance Fund?

The SBI Equity Minimum Variance Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Nestle India Ltd.	8.14%
Hindustan Unilever Ltd.	7.95%
Sun Pharmaceutical Industries Ltd.	7.4%
ITC Ltd.	5.71%
Tata Consultancy Services Ltd.	5.39%
Dr. Reddy's Laboratories Ltd.	4.35%
ICICI Bank Ltd.	3.61%
Cipla Ltd.	3.55%
Tech Mahindra Ltd.	3.01%
Bharti Airtel Ltd.	2.91%

What are the top sectors SBI Equity Minimum Variance Fund has invested in?

The SBI Equity Minimum Variance Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Consumer Staples	24.61%
Healthcare	17.43%
Financial	15.349999999999998%
Technology	11.939999999999998%
Automobile	6.220000000000001%
Materials	4.5%
Services	4.34%
Energy	3.8400000000000003%
Communication	2.91%
Metals & Mining	2.7800000000000002%

What is risk level of SBI Equity Minimum Variance Fund?

This is a Large Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in SBI Equity Minimum Variance Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for SBI Equity Minimum Variance Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in SBI Equity Minimum Variance Fund is complete.

How can I redeem my investments in SBI Equity Minimum Variance Fund?

Redeeming your investments in SBI Equity Minimum Variance Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in SBI Equity Minimum Variance Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Large Cap

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Large Cap funds in the last 3 Months .
Chance: This fund has generated a 18.22% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 2nd lowest expense ratio amongst actively/passively managed Large Cap funds.
Exit Load: Exit load of 0.5% if redeemed within 15 days.