SBI Equity Minimum Variance Fund

Mutual fund

Direct · Growth

· AMFI 146643

₹24.85

−1.0%over 1 year

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Thematic
Yearly fee: 0.51%; Since 1 October 2026
Fund size: ₹208 crore
Started: 19 March 2019
Exit load: 0.5% if sold within 15 days
Compared against: NIFTY 50 TRI
Plan: Direct · Growth
Companies held: 50; 52 lines in all
Holdings as at: 30 August 2026

What does it hold?

Company size

Large
Mid
Small
Cash, bonds, abroad

SBI Equity Minimum Variance Fund
89%10%

Industries

Healthcare25%
Consumer Staples24%
Technology12%
Materials12%
Financial11%
Consumer Discretionary7%
Industrials4%
Energy & Utilities4%

Top companies

10 of 50 companies · holdings as at 30 August 2026

1
Sun Pharmaceutical Industries Ltd
LargeHealthcare
8.5%
2
Nestle India Ltd
LargeConsumer Staples
8.3%
3
Apollo Hospitals Enterprise Ltd
LargeHealthcare
8.2%
4
Hindustan Unilever Ltd
LargeConsumer Staples
5.7%
5
Tata Consumer Products Ltd
MidConsumer Staples
4.9%
6
ITC Ltd
LargeConsumer Staples
4.9%
7
Cipla Ltd
LargeHealthcare
4.7%
8
Tech Mahindra Ltd
LargeTechnology
4.6%
9
Coal India Ltd
LargeMaterials
4.3%
10
Dr. Reddy's Laboratories Ltd
MidHealthcare
3.1%

Show all 50

11
Bharti Airtel Ltd
LargeTechnology
1.9%
12
Asian Paints Ltd
LargeMaterials
1.4%
13
Bajaj Auto Ltd
LargeConsumer Discretionary
1.2%
14
HCL Technologies Ltd
LargeTechnology
1.2%
15
Zomato Ltd
LargeTechnology
1.2%
16
Tata Consultancy Services Ltd
LargeTechnology
1.2%
17
Titan Company Ltd
LargeConsumer Discretionary
1.1%
18
Eicher Motors Ltd
LargeConsumer Discretionary
1.1%
19
Bajaj Finserv Ltd
LargeFinancial
1.1%
20
Infosys Ltd
LargeTechnology
1.1%
21
Hindalco Industries Ltd
LargeMaterials
1.1%
22
JSW Steel Ltd
LargeMaterials
1.1%
23
Wipro Ltd
LargeTechnology
1.1%
24
Grasim Industries Ltd
LargeMaterials
1.1%
25
Kotak Mahindra Bank Ltd
LargeFinancial
1.1%
26
Shriram Transport Finance Company Ltd
LargeFinancial
1.0%
27
ICICI Bank Ltd
LargeFinancial
1.0%
28
Bajaj Finance Ltd
LargeFinancial
1.0%
29
Mahindra & Mahindra Ltd
LargeConsumer Discretionary
1.0%
30
State Bank of India
LargeFinancial
1.0%
31
Jio Financial Services Limited
LargeFinancial
1.0%
32
Larsen & Toubro Ltd
LargeIndustrials
1.0%
33
Bharat Electronics Ltd
LargeIndustrials
1.0%
34
Ultratech Cement Ltd
LargeMaterials
1.0%
35
Oil & Natural Gas Corporation Ltd
LargeEnergy & Utilities
1.0%
36
Tata Steel Ltd
LargeMaterials
1.0%
37
Reliance Industries Ltd
LargeEnergy & Utilities
1.0%
38
SBI Life Insurance Company Ltd
LargeFinancial
1.0%
39
Interglobe Aviation Ltd
LargeIndustrials
1.0%
40
HDFC Life Insurance Co Ltd
LargeFinancial
0.9%
41
Axis Bank Ltd
LargeFinancial
0.9%
42
Maruti Suzuki India Ltd
LargeConsumer Discretionary
0.9%
43
Max Healthcare Institute Ltd
MidHealthcare
0.9%
44
Power Grid Corporation of India Ltd
LargeEnergy & Utilities
0.9%
45
NTPC Ltd
LargeEnergy & Utilities
0.9%
46
Adani Enterprises Ltd
LargeMaterials
0.9%
47
Tata Motors Ltd
MidConsumer Discretionary
0.9%
48
HDFC Bank Ltd
LargeFinancial
0.9%
49
Trent Ltd
LargeConsumer Discretionary
0.9%
50
Adani Ports and Special Economic Zone Ltd
LargeIndustrials
0.8%

What does it cost?

0.51% a year: ₹51 on every ₹10,000 you hold.

The middle fee for Thematic direct plans is 1.05%.

Exit load: 0.5% if sold within 15 days

How has it done?

1 year: −1.0%
3 years, per year: +8.3%
5 years, per year: +9.3%

Worst fall so far: −33.0% (Feb 2020 to Mar 2020).

Against other Thematic funds: out of 57 three-year stretches, it finished above the middle Thematic fund in 2.

In Jan–Apr 2020 alone it fell 33.0%; the middle fund fell 34.2%.