SBI Equity Minimum Variance - Direct (G)

Sectoral / Thematic

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NAV
24.54(0.37%)
Fund Size (CR)
₹215.1
Expense Ratio
0.48
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
0.5%
Return Since Launch
12.80%

Absolute Return: 0.61%

Annualized Return: 0%

Basic Details

Scheme Manager

Sukanya Ghosh

Bench Mark

Nifty 50 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	August 12, 2026	9842.84	-1.57%	-	-0.68%	933/1015
1 Month	July 17, 2026	9937.81	-0.62%	-	2.09%	817/1007
3 Month	May 19, 2026	9999.96	-0.00%	-	7.18%	970/1007
6 Month	February 19, 2026	9922.33	-0.78%	-	6.92%	788/983
1 Year	August 19, 2025	9947.60	-0.52%	-0.52%	8.21%	750/912
3 Year	August 18, 2023	12892.50	28.93%	8.82%	16.33%	514/560
5 Year	August 18, 2021	16055.86	60.56%	9.92%	13.97%	360/448
Since Inception	March 19, 2019	24450.50	144.51%	12.80%	12.49%	546/1015

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	September 1, 2025	1,20,000	120352.08	0.29%	0.29%
3 Year	September 1, 2023	3,60,000	378273.25	5.08%	1.66%
5 Year	September 1, 2021	6,00,000	736753.65	22.79%	4.19%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

4.18%

Standard Deviation

1.00%

Beta

0.30%

Sharpe Ratio

0.01%

Treynor's Ratio

0.64%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Sun Pharma.Inds.	8.30%	89652	17.85	Equity	Pharmaceuticals
Nestle India	8.14%	115986	17.51	Equity	FMCG
Apollo Hospitals	8.03%	19289	17.28	Equity	Healthcare
Hind. Unilever	5.95%	60870	12.79	Equity	FMCG
ITC	5.26%	402532	11.31	Equity	Tobacco Products
Tata Consumer	5.00%	99223	10.75	Equity	FMCG
Cipla	4.84%	70631	10.41	Equity	Pharmaceuticals
Tech Mahindra	4.55%	59253	9.78	Equity	IT - Software
Coal India	4.37%	227082	9.40	Equity	Mining & Mineral products
Dr Reddy's Labs	3.03%	56750	6.52	Equity	Pharmaceuticals

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Equity Minimum Variance - Direct (G)	215.10	-0.62%	-0.00%	-0.78%	-0.52%	8.82%
Nippon India Taiwan Equity Fund - Direct (G)	947.04	11.98%	1.82%	63.79%	134.17%	58.57%
Nippon India Taiwan Equity Fund - Direct (IDCW)	947.04	11.98%	1.82%	63.79%	134.17%	58.57%
Franklin Asian Equity Fund - Direct (G)	953.71	3.47%	5.48%	15.78%	42.31%	23.58%
Franklin Asian Equity Fund - Direct (IDCW)	953.71	3.47%	5.48%	15.78%	42.30%	23.57%
SBI Automotive Opportunities Fund - Direct (G)	5752.10	11.74%	22.86%	20.41%	35.75%	-

List of Schemes under SBI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
SBI Dynamic Bond Fund	Debt	Moderate	6.27%	3	₹3,682.05
SBI Equity Hybrid Fund	Hybrid	Very High	5.73%	3	₹88,035.56
SBI Conservative Hybrid Fund	Hybrid	High	5.81%	4	₹10,209.90
SBI Flexi Cap Fund	Equity	Very High	0.49%	3	₹22,896.62
SBI Gold Fund	Other	Very High	52.89%	5	₹15,811.87
SBI Arbitrage Opportunities Fund	Hybrid	Low	6.6%	4	₹46,803.09
SBI Large & Midcap Fund	Equity	Very High	4.97%	4	₹42,325.05
SBI Equity Savings Fund	Hybrid	Moderately High	3.61%	3	₹5,557.91
SBI Liquid Fund	Debt	Moderate	6.43%	2	₹84,054.59
SBI Banking & Financial Services Fund	Equity	Very High	1.81%	4	₹10,872.14
SBI Long Term Advantage Fund - Series V	Equity	Moderately High	2.7%	0	₹378.68
SBI Saving Fund	Debt	Moderate	6.37%	3	₹33,894.54
SBI Healthcare Opportunities Fund	Equity	Very High	20.39%	5	₹5,399.88
SBI Nifty Next 50 Index Fund	Other	Very High	9.49%	2	₹2,272.76
SBI CRISIL IBX SDL Index-September 2027 Fund	Other	Moderate	6.19%	0	₹1,644.77
SBI Multicap Fund	Equity	Very High	1.92%	3	₹24,146.76
SBI MNC Fund	Equity	Very High	15.76%	0	₹6,481.13
SBI Low Duration Fund	Debt	Moderate	6.09%	3	₹13,101.53
SBI Dynamic Asset Allocation Active FoF	Other	High	0%	0	₹2,359.70
SBI Overnight Fund	Debt	Low	5.28%	3	₹29,875.61
SBI Retirement Benefit Fund-Conser Hyb Plan	Solution Oriented	High	3.35%	2	₹255.56
SBI Nifty IT Index Fund	Other	Very High	-10.88%	0	₹124.84
SBI ESG Exclusionary Strategy Fund	Equity	Very High	1.34%	0	₹5,469.61
SBI Focused Fund	Equity	Very High	14.1%	4	₹50,040.77
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund	Other	Moderately Low	6.03%	0	₹7,778.90
SBI Corporate Bond Fund	Debt	Moderately Low	5.67%	3	₹22,152.85
SBI Energy Opportunities Fund	Equity	Very High	6.96%	0	₹8,646.60
SBI PSU Fund	Equity	Very High	10.32%	0	₹6,678.32
SBI Children's Fund - Investment Plan	Solution Oriented	Very High	18.21%	5	₹7,310.07
SBI US Specific Equity Active FoF	Other	Very High	30.67%	0	₹1,209.58
SBI Gilt Fund	Debt	Moderate	5.52%	4	₹8,306.36
SBI Automotive Opportunities Fund	Equity	Very High	35.75%	0	₹5,752.10
SBI Infrastructure Fund-Series	Equity	Very High	5.26%	3	₹4,930.87
SBI Nifty 500 Index Fund	Other	Very High	2.93%	0	₹782.83
SBI Quant Fund	Equity	Very High	4.32%	0	₹3,044.78
SBI Medium to Long Duration Fund	Debt	Moderate	5.73%	4	₹2,051.42
SBI Small Cap Fund	Equity	Very High	8.88%	2	₹39,954.73
SBI Retirement Benefit Fund-Aggrs Hyb Plan	Solution Oriented	Very High	5.87%	3	₹1,628.76
SBI Nifty G-sec Jul 2031 Index Fund	Other	Moderate	0%	0	₹14.70
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Low	0%	0	₹790.03
SBI Constant Maturity 10- Year Gilt Fund	Debt	Moderate	5.52%	0	₹1,637.27
SBI Medium Duration Fund	Debt	Moderately High	7.45%	3	₹6,498.19
SBI Nifty50 Equal Weight Index Fund	Other	Very High	4.39%	0	₹1,082.48
SBI Technology Opportunities Fund	Equity	Very High	-4.55%	0	₹4,592.46
SBI Nifty100 Low Volatility 30 Index Fund	Other	Very High	-0.28%	0	₹59.69
SBI Long Term Advantage Fund - Series VI	Equity	Moderately High	1.91%	0	₹258.88
SBI BSE Sensex Index Fund	Other	Very High	-5.15%	0	₹309.26
SBI Quality Fund	Equity	Very High	0%	0	₹2,524.85
SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund	Other	Moderate	0%	0	₹30.09
SBI Large Cap Fund	Equity	Very High	1.77%	4	₹55,430.76
SBI Short Horizon Debt - Short Term	Debt	Moderate	5.82%	3	₹14,000.87
SBI Floating Rate Debt Fund	Debt	Moderately Low	6.68%	3	₹685.02
SBI Nifty Index Fund	Other	Very High	-2.82%	3	₹14,113.87
SBI Retirement Benefit Fund-Conservative Plan	Solution Oriented	Moderately High	3.66%	3	₹141.06
SBI Nifty Smallcap 250 Index Fund	Other	Very High	7.27%	3	₹1,724.97
SBI Long Duration Fund	Debt	Moderate	4.65%	0	₹1,424.48
SBI Midcap Fund	Equity	Very High	6.39%	3	₹24,353.77
SBI Nifty Midcap 150 Index Fund	Other	Very High	8.9%	3	₹1,211.74
SBI Nifty Bank Index Fund	Other	Very High	3%	0	₹206.79
SBI Multi Asset Allocation Fund	Hybrid	Very High	13.84%	4	₹20,240.34
SBI CRISIL IBX Gilt Index-June 2036 Fund	Other	Moderate	6.33%	0	₹2,610.45
SBI Nifty200 Momentum 30 Index Fund	Other	Very High	0.06%	0	₹116.42
SBI Innovative Opportunities Fund	Equity	Very High	8.14%	0	₹5,200.29
SBI Income Plus Arbitrage Active FOF	Other	Moderately Low	6.03%	0	₹1,813.93
SBI CRISIL-IBX SDL Index - June 2034 Index Fund	Other	Moderate	0%	0	₹30.50
SBI Ultra Short Duration Fund	Debt	Moderately Low	6.42%	2	₹11,164.66
SBI Nifty India Consumption Index Fund	Other	Very High	-1.33%	0	₹269.87
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹252.56
SBI Comma Fund	Equity	Very High	12.55%	0	₹1,185.06
SBI ELSS Tax Saver Fund	Equity	Very High	-0.44%	5	₹32,300.09
SBI Balanced Advantage Fund	Hybrid	Very High	4.39%	5	₹42,244.29
SBI Contra Fund	Equity	Very High	-0.17%	5	₹48,266.35
SBI CRISIL IBX Gilt Index-April 2029 Fund	Other	Moderate	5.9%	0	₹1,948.12
SBI Dividend Yield Fund	Equity	Very High	6.72%	0	₹8,657.12
SBI Consumption Opportunities Fund	Equity	Very High	-6.45%	4	₹2,958.95
SBI Equity Minimum Variance	Equity	Very High	-0.52%	0	₹215.10
SBI BSE PSU Bank Index Fund	Other	Very High	20.12%	0	₹345.66
SBI Credit Risk Fund	Debt	Moderately High	8.85%	3	₹2,180.80
SBI Banking and PSU Fund	Debt	Moderate	5.66%	3	₹3,937.69
SBI Retirement Benefit Fund-Aggressive Plan	Solution Oriented	Very High	3.07%	3	₹3,158.98
SBI Silver ETF Fund of Fund	Other	Very High	98.78%	0	₹3,614.44
SBI Nifty200 Quality 30 Index Fund	Other	Very High	1.02%	0	₹334.76
SBI Children Fund - Savings Plan	Solution Oriented	Moderately High	9.91%	5	₹146.48
SBI Long Term Advantage Fund - Series IV	Equity	Moderately High	2.54%	0	₹197.76

News

SBI Mutual Fund announces Appointment of Key Personnel
SBI Mutual Fund has announced that Mr. Debasish Mishra has been appointed as Managing Director & CEO and Key Personnel of SBIFML (based at Corporate Office) w.e.f. July 01, 2026. The details of Mr. Mishra are as follows:
Name: Mr. Debasish Mishra
Age: 56 years
Designation: Managing Director & CEO
Qualification: B. Tech from CAET, Bhubaneswar; ' PGDFM from IIFM, Bhopal; ' PGDFA from IIBF Mumbai; Certified Financial Planner (CFP) from FSIB; International Certificate in Risk Management from IRM, London.
Mr. Nand Kishore has ceased to be the Managing Director & CEO of SBI Funds Management Limited from the close of business hours of June 30, 2026, consequent to the superannuation from the services of State Bank of India (SBI). Accordingly, Mr. Nand Kishore ceased to be the Key Personnel of SBIFML and all references relating to Mr. Nand Kishore stands deleted from Statement of Additional Information of SBI Mutual Fund. .
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SBI Mutual Fund announces change in fund manager under its schemes

SBI Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 July 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
SBI Credit Risk Fund	Mr. Lokesh Mallya	Fund Manager - Mr. Lokesh Mallya; Co-Fund Manager ' Mr. Prashanth Sridhar
SBI Savings Fund	Mr. Rajeev Radhakrishnan	Fund Manager ' Mr. Rajeev Radhakrishnan; Co-Fund Manager - Mr. Sankalp Jain
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Mr. Rajeev Radhakrishnan	Fund Manager ' Mr. Rajeev Radhakrishnan; Co-Fund Manager - Ms. Ranjana Gupta; Mr. Sankalp Jain.
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Mr. Rajeev Radhakrishnan	Fund Manager - Mr. Rajeev Radhakrishnan; Co-Fund Manager ' Ms. Ranjana Gupta; Mr. Sankalp Jain.
SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund	Mr. Rajeev Radhakrishnan	Fund Manager - Mr. Rajeev Radhakrishnan; Co-Fund Manager ' Mr. Jignesh Shah; Ms. Ranjana Gupta
SBI Nifty G-sec Jul 2031 Index Fund	Mr. Rajeev Radhakrishnan	Fund Manager - Mr. Rajeev Radhakrishnan; Co-Fund Manager ' Mr. Jignesh Shah; Ms. Ranjana Gupta

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SBI Mutual Fund announces change in Exit Load Structure

SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from June 02, 2026.

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
SBI Arbitrage Opportunities Fund	For exit within 1 month from the date of allotment - 0.25% For exit after 1 month from the date of allotment - Nil	For exit within 15 days from the date of allotment - 0.25% For exit after 15 days from the date of allotment - Nil

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Fund House Details & Investment Objective

Date of Incorporation

March 2, 2019

Total AUM (Cr)

₹215.10

SBI Equity Minimum Variance - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in March 2, 2019, this fund is managed by Sukanya Ghosh. With assets under management (AUM) worth ₹215.1 (Cr), as of August 20, 2026, SBI Equity Minimum Variance - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 12.80% since its launch.
The current NAV of SBI Equity Minimum Variance - Direct (G) is ₹24.54, as on August 20, 2026. The fund's benchmark index is Nifty 50 TRI. You can invest in SBI Equity Minimum Variance - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 8.82% and 9.92% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.72% in Equity, 1.24% in Debt and 0.04% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 16.96% in Pharmaceuticals & Biotech, 13.62% in Diversified FMCG, 8.63% in Food Products, 6.68% in Banks, 6.32% in IT-Software

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