1 Year Return
as 20th Feb 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||Sohini Andani|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|PI Industries Ltd||7.87%|
|Sheela Foam Ltd||6.19%|
|Godrej Properties Ltd||6.09%|
|Cholamandalam Investment and Finance Co Ltd||5.86%|
The scheme is an open-ended equity scheme predominantly investing in mid cap stocks. This scheme on an average has provided a 15% return since inception. It is benchmarked against Nifty Free Float Midcap 150. It is available under the growth and dividend option.
The scheme has a lower risk compared to the benchmark.
It has a lower expense ratio.
One-year returns are higher than the benchmark.
Returns of five years are higher than the benchmark.
This scheme has underperformed the category average.
The inception was launched on 29th March 2005.
The risk of this scheme is moderately high.
The minimum redemption required amount is Rs 1000. It provides the redemption request facility to the investor on every day.
The scheme is currently being managed by Ms. Sohini who has been managing the scheme since July 2010. She has more than two decades of experience in the financial sector.
Exit load is 1%, if the units are redeemed within one year from allotment date and there will be no exit load if it is beyond one year.
Investors investing in this scheme get a tax benefit. The short-term capital gains will be taxed at the rate of 15% from the sale of units within 1 year, while the long-term capital gains, over and above Rs 1 lakh made on the sale of units after one year from the date of allotment will be taxable at 10%
The SBI Mutual fund is sponsored by one of the India's largest banks and the fund has launched 38 schemes and successfully redeemed fifteen of them.