SBI Equity Minimum Variance Fund

Q: What are the returns of this mutual fund scheme?

The SBI Equity Minimum Variance Fund is a 6 yrs 11 m old fund and has delivered average annual returns of 13.42% since inception. SBI Equity Minimum Variance Fund Returns 1-Year 3-Year 5-Year Since Inception 2.83% 12.36% 12.43% 13.42%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹23.5988-0.9% 1 day change	13.42% p.a.	App exclusive #NA View Ranked Funds	₹221 Cr

Historical NAV & returns

NAV: ₹23.5988 as on Feb 02, 2026

This fund Category average

SBI Equity Minimum Variance Fund overview

AUM (Fund size)	₹221 Cr
Exit load	0.5% Exit load of 0.5% if redeemed within 15 days.!
Lock-in Period	Nil
Age	6 yrs 11 m since Mar 02, 2019
Benchmark	Nifty 50 Total Return
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.75% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-4.72%	-4.41%
3 Months	-4.07%	-3.46%
6 Months	0.13%	0.28%
1 Year	2.83%	6.36%
2 Years	3.76%	8.28%
3 Years	12.36%	14.02%
4 Years	10.72%	10.24%
5 Years	12.43%	11.77%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 100%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Nestle India Ltd.8.56%

ITC Ltd.7.69%

Sun Pharmaceutical Industries Ltd.7.47%

Hindustan Unilever Ltd.7.06%

Top sectors

Consumer Staples 27.900000000000002%

Healthcare 17.709999999999997%

Financial 14.32%

Materials 7.68%

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 0.15%

Other Holdings

Others 0.15%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Equity Minimum Variance Fund	-4.72%	0.13%	2.83%	12.36%	12.43%	N.A.
ICICI Prudential Large Cap Fund	-4.56%	1.68%	9.67%	17.16%	15.45%	15.48%
Nippon India Large Cap Fund	-4.28%	0.55%	8.63%	18.0%	17.5%	15.58%
HDFC Large Cap Fund	-4.33%	0.96%	6.4%	14.8%	14.4%	14.82%
Canara Robeco Large Cap Fund	-4.24%	-0.32%	5.87%	14.33%	12.05%	14.86%
Baroda BNP Paribas Large Cap Fund	-4.01%	0.32%	5.88%	15.09%	12.83%	13.68%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Equity Minimum Variance Fund	12.92	0.92	0.53	0.73
ICICI Prudential Large Cap Fund	11.13	0.91	0.98	1.55
Nippon India Large Cap Fund	11.48	0.93	1.04	1.59
HDFC Large Cap Fund	11.37	0.93	0.79	1.21
Canara Robeco Large Cap Fund	11.03	0.92	0.8	1.2
Baroda BNP Paribas Large Cap Fund	11.95	0.97	0.78	1.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Equity Minimum Variance Fund	N.A.	221 Cr	6 yrs 11 m	0.75%
ICICI Prudential Large Cap Fund	N.A.	78,502 Cr	17 yrs 9 m	1.4%
Nippon India Large Cap Fund	N.A.	50,876 Cr	18 yrs 7 m	1.48%
HDFC Large Cap Fund	N.A.	40,604 Cr	29 yrs 5 m	1.58%
Canara Robeco Large Cap Fund	N.A.	17,493 Cr	15 yrs 7 m	1.65%
Baroda BNP Paribas Large Cap Fund	N.A.	2,702 Cr	21 yrs 5 m	1.98%

View all Large Cap funds

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

Alpha	-2.27 vs. 4.1 Underperformed at beating benchmark
Sharpe	0.53 vs. 4.23 Poor risk-adjusted returns
Beta	0.92 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	12.92 vs. 9.99 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 is a Large Cap mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 6 yrs 11 m, having been launched on 02/03/2019. SBI Equity Minimum Variance Fund has ₹221 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Equity Minimum Variance Fund as of 02/02/2026 is ₹23.60. The fund has an expense ratio of 0.75%, which is close to what most other Large Cap funds charge.

SBI Equity Minimum Variance Fund returns of last 1-year are 2.20%. Since launch, it has delivered 13.42% average annual returns. The fund has doubled the money invested in it every 6 yrs.
SBI Equity Minimum Variance Fund 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, Materials, Technology 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., ITC Ltd., Sun Pharmaceutical Industries Ltd., Hindustan Unilever Ltd., Cipla Ltd..

...

Fund AUM	221 Cr as on Dec 31, 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	72 view all schemes
Total AUM	12,63,745 Cr as on Dec 31, 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 PSU Fund	N.A.	5,817 Cr	19.87%	28.21%
SBI Contra Fund	N.A.	49,967 Cr	6.55%	21.15%
SBI Infrastructure Fund	N.A.	4,727 Cr	0.85%	20.47%
SBI ELSS Tax Saver Fund	N.A.	32,609 Cr	7.03%	19.07%
SBI Midcap Fund	N.A.	23,315 Cr	0.15%	17.86%
SBI Large & Midcap Fund	N.A.	37,443 Cr	11.94%	17.63%

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 plan is approximately ₹23.5988 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Equity Minimum Variance Fund is a 6 yrs 11 m old fund and has delivered average annual returns of 13.42% since inception.

SBI Equity Minimum Variance Fund Returns

1-Year	3-Year	5-Year	Since Inception
2.83%	12.36%	12.43%	13.42%

How much does this mutual fund charge as expense ratio?

The SBI Equity Minimum Variance Fund has an expense ratio of 0.75%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 221 Cr as on Dec 31, 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.	8.56%
ITC Ltd.	7.69%
Sun Pharmaceutical Industries Ltd.	7.47%
Hindustan Unilever Ltd.	7.06%
Cipla Ltd.	5.29%
Asian Paints Ltd.	4.8%
Tata Consumer Products Ltd.	4.59%
ICICI Bank Ltd.	3.59%
Bharti Airtel Ltd.	3.16%
HDFC Bank Ltd.	3.09%

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	27.900000000000002%
Healthcare	17.709999999999997%
Financial	14.32%
Materials	7.68%
Technology	7.15%
Automobile	4.59%
Services	4.430000000000001%
Energy	3.89%
Communication	3.16%
Metals & Mining	3.1100000000000003%

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

Redeeming your investments in the SBI Equity Minimum Variance Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

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 5 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.5% if redeemed within 15 days.