SBI Equity Savings Fund
This is the Regular plan of SBI Equity Savings Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★☆☆☆2/5 vs 20 of 22 Equity Savings peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Equity Savings (same plan and option). 20 of the 22 Equity Savings funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.92% · ranks 11 of 20 Equity Savings funds
Volatility 4.8% vs 4.5% category avg
2.0% expense vs 2.3% category avg
99% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 5-year return (+7.33%) beats the Equity Savings average (+6.45%)
- Low expense ratio (2.03%) vs the Equity Savings average of 2.33%
- Consistent — positive in 99% of rolling 3-year windows
Concerns
- Weaker risk-adjusted returns — Sharpe 0.09 below the Equity Savings average of 0.14
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Equity Savings)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -1.04% | -1.38% | +0.34% |
| 3M abs | -0.69% | -0.58% | -0.11% |
| 6M abs | +2.04% | +3.82% | -1.78% |
| 1Y CAGR | +1.87% | +2.28% | -0.41% |
| 3Y CAGR | +6.92% | +7.36% | -0.44% |
| 5Y CAGR | +7.33% | +6.45% | +0.88% |
Category average across peers in Equity Savings (up to 22 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 22 peers in Equity Savings
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into SBI Equity Savings Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +0.29% | |
| 2025 | +5.05% | |
| 2024 | +11.99% | |
| 2023 | +17.52% | |
| 2022 | +1.86% | |
| 2021 | +13.23% | |
| 2020 | +11.90% | |
| 2019 | +9.40% | |
| 2018 | -0.52% | |
| 2017 | +14.62% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity67.02%
- Debt17.25%
- Real Estate / REITs5.52%
- Cash & Equivalents5.44%
- Other4.77%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹5,752Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.
Fund Managers
NKNeeraj KumarManaging since 27 May 2015
Dealer (Equity) Fund Manager
B Com (H), ACA
Mr. Neeraj Kumar has over 25 years of experience in equity dealing, equity research & Finance & Accounts Dept. Past Assignments: • Equity Dealer - SBI Funds Management Limited - from 26/10/2006 till date. • Equity Dealer, Equity Research Analyst & AAO (F&A)- Life Insurance Corporation of India- September 1996 to October 2006. Presently, he is managing SBI Arbitrage Opportunities Fund (Equity) and SBI Equity Savings Fund (Arbitrage Portion).
MSMansi SajejaManaging since 30 Jun 2021
Fund Manager
17 years
Post Graduate Diploma in Business Management, CFA
Mansi Sajeja joined SBIFML in September 2009 as Credit Analyst. Prior to joining SBIFML, Mansi was Rating Analyst at ICRA Limited from March 2006 to September 2009. Mansi also manages, SBI Conservative Hybrid Fund (Debt portion), SBI Multi Asset Allocation Fund (Debt portion), SBI Equity Savings Fund (debt portion), SBI Balanced Advantage Fund (debt portion), SBI Short Term Debt Fund (Co-Fund Manager).
NCNidhi ChawlaManaging since 01 Jan 2022
Fund Manager
B.Com, MSc Finance. CFA Charter holder
Ms. Nidhi has over 15 years experience in Mutual Fund Industry. She joined SBI Funds Management Limited in May 2007. She has been working as an equity research analyst covering various sectors including Real Estate, Infrastructure and Construction. She is managing SBI Equity Savings Fund and SBI Long Term Advantage Fund - Series I to Series III and Series IV (jointly managed) and SBI Dynamic Asset Allocation Active FOF (equity portion)
VSVandna SoniManaging since 01 Jan 2024
Fund Manager
MBA
Ms. Vandna Soni joined SBIFML in December 2021 as Equity Research Analyst and has been involved in tracking of commodities and related sectors such as Cement, Metal, Oil and Gas. She has overall 10 years of experience in the area of financial services. Prior to joining SBIFML, she was associated with following entities wherein she was primarily involved in equity research of different sectors-: SBICAP Securities Limited (April 2019 to December 2021) Antique Stock Broking (October 2018 to April 2019) CRISIL GR&A (January 2014 to September 2018) She is managing SBI Silver ETF, SBI Equity Savings Fund (ETCD portion), SBI Gold ETF, and SBI Multi Asset Allocation Fund (ETCD portion).
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
SBI in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Equity Savings funds
Equity savings funds split money across equity, arbitrage and debt. The hedged portion lowers risk, so they sit between hybrid and debt funds on the risk ladder while keeping equity taxation.
Frequently asked questions
What is the NAV of SBI Equity Savings Fund?
As of 05 Oct 2026, the NAV of SBI Equity Savings Fund is ₹24.48 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Equity Savings Fund delivered?
SBI Equity Savings Fund has returned +1.87% over 1 year, +6.92% per year over 3 years, +7.33% per year over 5 years and +8.25% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of SBI Equity Savings Fund?
SBI Equity Savings Fund charges an expense ratio of 2.03% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of SBI Equity Savings Fund?
SBI Equity Savings Fund's largest holdings are Kotak Mahindra Bank Ltd. (6.7%), HDFC Bank Ltd. (5.7%), Reliance Industries Ltd. (5.3%), ICICI Bank Ltd. (5.0%) and Bharti Airtel Ltd. (3.6%). Holdings are disclosed monthly and change over time.
How risky is SBI Equity Savings Fund?
SBI Equity Savings Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 4.8% and its worst peak-to-trough fall in our sample was -19.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.09 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Equity Savings Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of SBI Equity Savings Fund?
SBI Equity Savings Fund is benchmarked against the Nifty Equity Savings Index. Its alpha and beta on this page are measured against that index.
Who manages SBI Equity Savings Fund?
SBI Equity Savings Fund is managed by Neeraj Kumar, Mansi Sajeja, Nidhi Chawla and Vandna Soni at SBI.
How is SBI Equity Savings Fund taxed?
SBI Equity Savings Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.