About SBI Equity Savings Fund
SBI Equity Savings Fund is a equity savings fund managed by SBI Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.
The scheme aims 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.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹27.6893 | 134643 |
| Direct | IDCW | ₹26.2211 | 134640 |
| Direct | IDCW | ₹25.3451 | 134641 |
| Regular | Growth | ₹24.926 | 134644 |
| Regular | IDCW | ₹23.1091 | 134639 |
| Regular | IDCW | ₹23.5706 | 134642 |
Frequently asked questions
What is the NAV of SBI Equity Savings Fund today?
The NAV of SBI Equity Savings Fund (Direct plan, Growth) is ₹27.6893 and the Regular plan NAV is ₹24.926, as of 13 Nov 2026.
What returns has SBI Equity Savings Fund given?
Over the last year the Direct plan returned 2.74%, and 8.09% a year over 3 years and 7.9% a year over 5 years. That places it 15 of 20 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Equity Savings Fund?
The Direct plan charges 1.49% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Equity Savings Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.
How much has SBI Equity Savings Fund fallen in the past?
Its deepest fall was 19.5% from 12 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 97% ended in a gain.
What does SBI Equity Savings Fund invest in?
As on 31 Oct 2026 it held 104 positions, the largest being Kotak Mahindra Bank Ltd (6.3%), HDFC Bank Ltd (5.8%), ICICI Bank Ltd (5.5%). Its biggest sector was banks at 22.9% of the fund. Portfolios change every month.
Which category does SBI Equity Savings Fund belong to?
It is a Equity Savings Fund from SBI Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Equity Savings Fund taxed?
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.