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SBI Equity Minimum Variance Fund: NAV, Performance & Investment Analysis

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Comprehensive analysis of SBI Equity Minimum Variance Fund - investment objective, returns, fund manager details, AUM, expense ratio and investment strategy for minimizing volatility.

Investment Objective and Approach

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. This fund follows a unique minimum variance strategy that focuses on selecting equity stocks with historically lower price volatility.

The fund's investment approach centers around:

- Minimum Variance Strategy: The unique aspect of the fund lies in its approach to minimizing volatility by selecting stocks that historically have exhibited lower price fluctuations.

- Nifty 50 Focus: Primary investment in companies from the Nifty 50 index

- Risk Management: This fund is suitable for investors who are seeking exposure to equities while aiming to manage the inherent volatility of the stock market.

- Asset Allocation: Stocks : 99.68%, Debt : 0.27% and Gold : 0% as per recent portfolio allocation

- Minimum Allocation: Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Fund Managers

Raviprakash Sharma is the primary fund manager managing this scheme since March 19, 2019. Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA). Before joining SBI Mutual Fund, he worked at various firms like HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities. Currently, he is the Chief Trader - Equities; Fund Manager (ETFs / Index Funds) at SBI Mutual Fund.

The fund also has Kesavan K as co-fund manager. Mr. Kesavan has done B.Com, MBA (Finance) and CFA and Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech

About the Fund House (AMC)

SBI Mutual Fund, established in 1987, is one of India's largest mutual fund houses. SBI Mutual Fund was established on June 29, 1987, as a Trust, with State Bank of India (SBI) acting as the sponsor and SBI Mutual Fund Trustee Company Private Limited serving as the Trustee. It received registration from SEBI on December 23, 1993.

Key Milestones & Achievements:

- A significant development occurred on April 13, 2011, when an agreement was inked between SBI and AMUNDI Asset Management, transforming the fund house into a joint venture.

- Currently, SBI holds 63% stake in SBIFML and AMUNDI Asset Management holds 37% through a wholly owned subsidiary, Amundi India Holding.

- It was the first Indian Mutual Fund to introduce a 'Contra' fund, known as the SBI Contra Fund.

- SBI Mutual Fund holds the distinction of being the first in India to launch an ESG Fund, focusing on Environment, Social, and Governance criteria for sustainable investment

- In 2015, a landmark investment took place as the Employees' Provident Fund of India invested Rs. 5,000 Crore, marking the first instance of such an investment in a Mutual Fund in India through SBIMF Sensex ETFs or Exchange Traded Funds.

Current Scale:

- As of March 2024, the SBI Mutual Fund manages assets worth Rs. 9.14 lakh crores.

- In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.

- With 33 years of experience in fund management, SBI Mutual Fund provides a total of 139 primary schemes, consisting of 39 equity funds, 77 debt schemes, 12 hybrid schemes, and 11 others, which include Exchange-traded funds (ETFs), index funds, and gold funds.

Should I Invest in SBI Equity Minimum Variance Fund?

This fund can be suitable for specific investor profiles:

Ideal For:

- Investors seeking equity exposure with reduced volatility

- If you have a moderate to high-risk tolerance and are looking for potential long-term capital appreciation, this fund can be considered.

- Those looking for a systematic approach to large-cap equity investing

- Long-term investors with investment horizon of 5+ years

Key Investment Details:

- Fund Launch: The SBI Equity Minimum Variance Fund was launched on Mar 02 2019.

- AUM: The AUM of SBI Equity Minimum Variance Fund is ₹216.84 Cr as of 23rd May 2025.

- Expense Ratio: The expense ratio of SBI Equity Minimum Variance Fund Plan is 0.42 as of 23rd May 2025.

- Minimum Investment: Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000.

- Exit Load: Exit load of 0.5% if redeemed within 15 days.

Performance Metrics:

- Since Inception Returns: The fund has delivered a CAGR of 15.32 since inception.

- 5-Year Returns: Over the past five years, SBI Equity Minimum Variance Fund - Regular Plan has delivered an annualised return of 22.00% as of 26-May-2025.

- Risk Measures: The volatility or standard deviation for the SBI Equity Minimum Variance Fund is 13.19

Risk Considerations:

- The SBI Equity Minimum Variance Fund Direct Growth is rated Very High risk.

- Market volatility can still impact returns despite the minimum variance approach

- Concentration in Nifty 50 stocks may limit diversification benefits

FAQs

What is today's NAV of SBI Equity Minimum Variance Fund?

Latest NAV for SBI Equity Minimum Variance Fund is at ₹ 24.15. NAV prices are updated daily and reflect the current market value of the fund's holdings.

What is the AUM of SBI Equity Minimum Variance Fund?

The AUM (i.e. assets under management) of SBI Equity Minimum Variance Fund is ₹216.84 Cr as of 23rd May 2025.

What is the expense ratio of SBI Equity Minimum Variance Fund?

The expense ratio of SBI Equity Minimum Variance Fund Plan is 0.42 as of 23rd May 2025. This is the annual fee charged for managing your investments.

What are the returns of SBI Equity Minimum Variance Fund since inception?

The fund has delivered a CAGR of 15.32 since inception. The fund was launched in March 2019, providing over 6 years of track record.

What is the minimum SIP amount to invest in SBI Equity Minimum Variance Fund?

Minimum SIP Investment is set to ₹500. This allows small investors to start systematic investments in the fund.

How do I invest in SBI Equity Minimum Variance Fund?

You can invest through Allvest platform by selecting the fund, choosing SIP or lumpsum option, completing KYC if required, and making payment through various methods including UPI, net banking or NEFT.

How to start a SIP in SBI Equity Minimum Variance Fund?

Through Allvest, select SBI Equity Minimum Variance Fund, choose monthly SIP option, enter investment amount (minimum ₹500), select SIP date, and set up auto-debit from your bank account.

How do I automate an SIP in SBI Equity Minimum Variance Fund?

To automate an SIP in SBI Equity Minimum Variance Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the SBI Equity Minimum Variance Fund automatically, ensuring consistent contributions without manual intervention. Similar automation is available through Allvest platform.

How can I withdraw/redeem my investment in SBI Equity Minimum Variance Fund?

You can redeem through Allvest platform by accessing your portfolio, selecting the fund, choosing redemption amount (partial or full), and submitting the request. Redemption proceeds are typically credited to your registered bank account within 2-3 working days.