GMP IPO Watch
Hybrid Scheme - Equity Savings
SBI EQUITY SAVINGS FUND
Direct Plan · Growth · SBI Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹26.37 23 Mar 2026
52W High ₹27.57 25 Aug 2026
₹27.5657
NAV as of 4 Nov 2026
+0.19% day change
Other Plans of This Fund
ISININF200KA1DF3
Scheme Code134643
StructureOpen Ended Schemes
Fund HouseSBI Funds Management Limited
AUM (avg. July - September 2026)₹1,198.26 Cr
Expense Ratio (as of 3 Nov 2026)1.46%
Min. InvestmentRs. 5000/- and in multiples of Re. 1 thereafter
Inception Date11 May 2015
BenchmarkNifty Equity Savings Index · NA
Portfolio Turnover83.31%
NFO Period11-May-2015 – 25-May-2015
Returns
1Y
+2.56%
3Y
+8.23%
5Y
+8.03%
7Y
+9.69%
10Y
+9.18%
Since Inception
+9.32%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +1.56% | +1.65% | 14 of 24 |
| 1M | +1.41% | +1.41% | 12 of 24 |
| 3M | +0.12% | -0.63% | 7 of 24 |
| 6M | +1.91% | +1.75% | 13 of 24 |
| YTD | +2.10% | +1.08% | 9 of 24 |
| 1Y | +2.56% | +1.67% | 10 of 24 |
| 2Y | +4.24% | +2.65% | 10 of 21 |
| 3Y | +8.23% | +6.29% | 9 of 21 |
| 5Y | +8.03% | +5.67% | 5 of 18 |
| 7Y | +9.69% | +7.22% | 5 of 18 |
| 10Y | +9.18% | +6.10% | 5 of 10 |
| INCEPTION | +9.32% | — | — |
Ranked among: Hybrid Scheme - Equity Savings.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.37% | +17.25% | -18.10% | 79% | 32% |
| 6M | +4.76% | +22.18% | -15.61% | 86% | 35% |
| 1Y | +9.94% | +41.90% | -12.02% | 97% | 41% |
| 2Y | +9.94% | +24.91% | -3.69% | 98% | 43% |
| 3Y | +9.94% | +16.84% | +0.50% | 100% | 43% |
| 5Y | +10.13% | +15.73% | +6.44% | 100% | 44% |
| 7Y | +9.91% | +11.26% | +8.47% | 100% | 44% |
| 10Y | +9.75% | +10.42% | +8.82% | 100% | 44% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity71.86%
- Debt21.08%
- Cash2.15%
- Other4.91%
Market Cap Split
- Large Cap57.13%
- Mid Cap11.91%
- Small Cap2.82%
- Others28.14%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 19.28 | 20.09 |
| P/B | 2.40 | 2.64 |
| Price / Sales | 2.37 | 2.76 |
| Price / Cash Flow | 12.11 | 13.73 |
| Dividend Yield (%) | 2.10 | 1.72 |
Holdings105
Top 5 Stocks26.29%
Top 10 Stocks36.52%
Top 3 Sectors34.35%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Kotak Bank | Banks | 6.73% | +0.05% |
| HDFC Bank | Banks | 5.80% | +0.07% |
| ICICI Bank | Banks | 5.14% | +0.15% |
| Reliance Industries | Petroleum Products | 5.04% | -0.31% |
| Bharti Airtel | Telecom - Services | 3.58% | -0.06% |
| SBI Liquid Fund - DIRECT PLAN -Growth Option | Mutual Fund/ETF | 2.92% | +0.05% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | Debt | 2.72% | — |
| 71GOI2034 | Debt | 2.30% | -0.01% |
| LIC of India | Insurance | 2.29% | -0.10% |
| Altius Telecom Infrastructure Trust | Telecom - Services | 2.20% | +0.08% |
| TREPS | Reverse Repo / TREPS | 2.15% | — |
| UltraTech Cement | Cement & Cement Products | 2.02% | -0.07% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 1.95% | -0.02% |
| SBI Money Market Fund - Direct Plan - Growth Option | Mutual Fund/ETF | 1.93% | +0.03% |
| National Bank for Agriculture and Rural Development | Debt | 1.84% | +0.02% |
View all 109 holdings
| Bajaj Finance | Finance | 1.77% | — |
| Mahindra & Mahindra | Automobiles | 1.76% | -0.17% |
| Eicher Motors | Automobiles | 1.76% | -0.17% |
| Bank of Baroda | Banks | 1.64% | -0.03% |
| Axis Bank | Banks | 1.63% | -0.07% |
| Hindalco Industries | Non - Ferrous Metals | 1.62% | -0.10% |
| Aster DM Quality Care | Equity | 1.46% | -0.10% |
| NALCO | Non - Ferrous Metals | 1.41% | -0.14% |
| Apollo Hospitals | Equity | 1.40% | -0.11% |
| HDFC Life Insurance | Insurance | 1.39% | -0.04% |
| Indostar Capital Finance Ltd. | Debt | 1.39% | +0.02% |
| Motilal Oswal Financial Services Ltd. | Debt | 1.38% | — |
| GOI LOAN 6.01% 2030 | Debt | 1.35% | +0.00% |
| Jindal Steel | Ferrous Metals | 1.23% | -0.04% |
| State Bank of India | Banks | 1.20% | -0.11% |
| Brookfield India Real Estate Trust | Realty | 1.18% | +0.00% |
| Infosys | IT - Software | 1.15% | -0.14% |
| Embassy Office Parks REIT | Realty | 1.13% | +0.00% |
| H.G. Infra Engineering Ltd. | Debt | 1.12% | +0.04% |
| Raajmarg Infra Investment Trust | Transport Infrastructure | 1.10% | +0.01% |
| JTPM Metal Traders Ltd. | Debt | 1.00% | +0.02% |
| Adani Green Energy | Power | 0.95% | +0.06% |
| Motilal Oswal Finvest Ltd. | Debt | 0.93% | +0.01% |
| 738GOI2027 | Debt | 0.93% | +0.01% |
| 364T121126 | Money Market | 0.92% | +0.02% |
| Small Industries Development Bank of India | Debt | 0.91% | +0.00% |
| Godrej Seeds & Genetics Ltd. | Debt | 0.91% | +0.01% |
| Godrej Seeds & Genetics Ltd. | Debt | 0.91% | +0.01% |
| Mahindra Rural Housing Finance Ltd. | Debt | 0.84% | +0.01% |
| GMR Airports Ltd. | Debt | 0.79% | +0.01% |
| JSW Steel | Ferrous Metals | 0.78% | -0.03% |
| Aditya Birla Capital | Finance | 0.71% | -0.05% |
| Bharat Heavy Electricals | Electrical Equipment | 0.68% | -0.04% |
| Hindustan Aeronautics | Aerospace & Defense | 0.63% | -0.01% |
| Asian Paints | Consumer Durables | 0.57% | -0.05% |
| DLF | Realty | 0.56% | -0.57% |
| GMR Airports | Transport Infrastructure | 0.55% | +0.02% |
| Oil & Natural Gas Corporation | Oil | 0.53% | +0.00% |
| Indus Towers | Telecom - Services | 0.51% | -0.01% |
| Maruti Suzuki | Automobiles | 0.49% | -0.06% |
| Tata Power | Power | 0.48% | +0.02% |
| Bharti Telecom Ltd. | Debt | 0.47% | +0.01% |
| Colgate Palmolive | Personal Products | 0.44% | -0.02% |
| Godrej Consumer Products | Personal Products | 0.43% | -0.02% |
| Tata Steel | Ferrous Metals | 0.42% | +0.00% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.37% | +0.00% |
| RBL Bank | Banks | 0.35% | +0.02% |
| Patanjali Foods | Agricultural Food & other Products | 0.34% | +0.02% |
| Steel Authority of India | Ferrous Metals | 0.32% | -0.02% |
| Punjab National Bank | Banks | 0.27% | +0.00% |
| Samvardhana Motherson International | Auto Components | 0.26% | +0.00% |
| Shriram Finance | Finance | 0.24% | -0.02% |
| Adani Ports & SEZ | Transport Infrastructure | 0.23% | +0.03% |
| REC | Finance | 0.23% | -0.02% |
| Ambuja Cements | Cement & Cement Products | 0.23% | -0.01% |
| Hindustan Unilever | Diversified FMCG | 0.21% | -0.01% |
| Shree Cement | Cement & Cement Products | 0.20% | +0.00% |
| One 97 Communications | Financial Technology (Fintech) | 0.20% | +0.00% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.20% | -0.01% |
| SBI Life Insurance | Insurance | 0.19% | +0.00% |
| Muthoot Finance Ltd. | Debt | 0.19% | +0.01% |
| 364T191126 | Money Market | 0.18% | +0.00% |
| Indusind Bank | Banks | 0.17% | -0.02% |
| Adani Enterprises | Metals & Minerals Trading | 0.15% | +0.00% |
| Power Finance Corporation | Finance | 0.14% | +0.00% |
| NMDC | Minerals & Mining | 0.11% | -0.02% |
| NTPC | Power | 0.11% | +0.00% |
| Jubilant FoodWorks | Leisure Services | 0.11% | +0.00% |
| Bosch | Auto Components | 0.10% | +0.00% |
| Net Receivable / Payable | Derivatives | 0.10% | — |
| Indian Hotels Company | Leisure Services | 0.08% | +0.00% |
| Larsen & Toubro | Construction | 0.08% | +0.00% |
| Dabur India | Personal Products | 0.08% | +0.00% |
| United Spirits | Beverages | 0.07% | -0.01% |
| Max Financial Services | Insurance | 0.07% | -0.01% |
| Eternal | Retailing | 0.07% | +0.00% |
| HDFC AMC | Capital Markets | 0.06% | -0.01% |
| Bandhan Bank | Banks | 0.06% | +0.01% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.03% | -0.01% |
| Hindustan Zinc | Non - Ferrous Metals | 0.03% | +0.00% |
| Marico | Agricultural Food & other Products | 0.03% | +0.00% |
| Indian Oil Corporation | Petroleum Products | 0.02% | +0.00% |
| Jio Financial Services | Finance | 0.02% | +0.00% |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.02% | -0.18% |
| LIC Housing Finance | Finance | 0.02% | +0.00% |
| Grasim Industries | Cement & Cement Products | 0.02% | +0.00% |
| Hindustan Petroleum | Petroleum Products | 0.01% | +0.00% |
| Cholamandalam Investment | Finance | 0.01% | +0.00% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.01% | +0.00% |
| UPL | Fertilizers & Agrochemicals | 0.01% | +0.00% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.01% | +0.00% |
| PB FinTech | Financial Technology (Fintech) | 0.01% | +0.00% |
| Bharat Petroleum | Petroleum Products | 0.00% | — |
| National Highways Infra Trust | Transport Infrastructure | 0.00% | — |
Sector Allocation · Sep 2026
View all 33 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 3.80 | 4.73 | Low Volatility |
| 3Y | 4.79 | 5.34 | Low Volatility |
| 5Y | 5.08 | 5.21 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.11 | -0.99 | Below Average |
| 3Y | 0.43 | 0.14 | Above Average |
| 5Y | 0.43 | 0.01 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.98 | 0.63 | Above Average |
| 3Y | 2.44 | 2.20 | Above Average |
| 5Y | 2.22 | 1.88 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
quant Equity Savings Fund
Direct Plan · Growth Option
|
+8.02% | — | — | +8.08% |
|
Edelweiss Equity Savings Fund
Direct Plan · Growth
|
+6.67% | +11.23% | +9.52% | +10.47% |
|
WhiteOak Capital Equity Savings Fund
Direct Plan · Growth Option
|
+5.27% | — | — | +10.73% |
|
Bajaj Finserv Equity Savings Fund
Direct Plan · Growth
|
+4.48% | — | — | +4.53% |
|
Axis Equity Savings Fund
Direct Plan · Growth Option
|
+4.45% | +9.77% | +7.76% | +9.17% |
|
Aditya Birla Sun Life Equity Savings Fund
Direct Plan · GROWTH
|
+4.24% | +8.00% | +6.51% | +8.36% |
|
Mirae Asset Equity Savings Fund
Direct Plan · Growth
|
+4.23% | +10.46% | +8.87% | +11.23% |
|
Franklin India Equity Savings Fund
Regular Plan · Growth
|
+2.62% | +6.61% | +5.75% | +6.78% |
|
ICICI Prudential Equity Savings Fund
Regular Plan · Cumulative
|
+2.61% | +6.62% | +7.01% | +7.49% |
|
Baroda BNP Paribas Equity Savings Fund
Regular Plan · Growth Option
|
+1.98% | +8.30% | +7.05% | +7.84% |
More From SBI Funds Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.44% | — | — | +34.72% |
|
SBI Silver ETF
Regular Plan · Growth
|
+26.42% | — | — | +34.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · Growth
|
+22.38% | — | — | +11.34% |
|
SBI HEALTHCARE OPPORTUNITIES FUND
Direct Plan · Growth
|
+19.90% | +25.12% | +19.50% | +18.09% |
|
SBI GOLD FUND
Direct Plan · IDCW
|
+16.75% | +30.91% | +23.28% | +10.52% |
|
SBI Gold ETF
Regular Plan · Growth
|
+16.74% | +30.67% | +23.17% | +12.71% |
|
SBI US Specific Equity Active FoF
Direct Plan · IDCW
|
+13.48% | +25.68% | +15.32% | +17.28% |
|
SBI MNC FUND
Direct Plan · Growth
|
+12.26% | +7.58% | +7.60% | +14.39% |
|
SBI CHILDREN'S FUND - SAVINGS PLAN
Direct Plan · Growth
|
+7.89% | +11.10% | +10.14% | +11.88% |
|
SBI Children's Fund - Investment Plan
Direct Plan · Growth
|
+7.83% | +20.32% | +17.52% | +30.91% |
About This Scheme
Investment Objective
The investment objective of the scheme is 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. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Equity and Equity related Instruments including derivatives Out of which: i) Cash-future arbitrage: 15%-70%; ii) Net long equity exposure: 20%-50% 65%-90% Medium to High Debt* and Money Market Instruments (including margin for derivatives) 10%-35% Low to Medium Units issued by REITs & InvITs 0%-10% Medium to High
Fund Managers
Mr. Neeraj Kumar - Arbitrage 27-May-2015 Ms. Mansi Sajeja 30-Jun-2021 Ms. Nidhi Chawla. 01-Jan-2022 Ms. Vandna Soni 01-Jan-2024
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
SBI Funds Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.