Sbi Equity Minimum Variance Fund Overview
Category Sectoral/ Thematic
BMSMONEY Rank 8
BMSMONEY Rating
Growth Option As On: 15-04-2024
NAV ₹22.04 (R) -0.86% ₹22.46 (D) -0.86%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 32.62% 17.55% 16.41% -% -%
LumpSum Dir. P 33.04% 17.96% 16.84% -% -%
SIP Reg. P 27.13% 19.15% 20.24% -% -%
SIP Dir. P 27.54% 19.54% 20.66% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.97 0.55 1.05 6.23% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.98% -11.19% -8.71% 0.86 8.09%

NAV Date: 15-04-2024

Scheme Name NAV Rupee Change Percent Change
SBI Equity Minimum Variance Fund - Regular Plan - Growth 22.04
-0.1900
-0.8600%
SBI Equity Minimum Variance Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 22.05
-0.1900
-0.8600%
SBI Equity Minimum Variance Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 22.46
-0.2000
-0.8600%
SBI Equity Minimum Variance Fund - Direct Plan - Growth 22.46
-0.2000
-0.8600%

Review Date: Feb. 29, 2024

The Sectoral/ Thematic Fund category has 16 funds. Performance of the SBI Equity Minimum Variance Fund has been analyzed on 19 performance parameters. Out of seven return parameters, the fund has one return parameter in first quartile; whereas five risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved eighth (out of 16 funds), which is ok rank in the Sectoral/ Thematic Fund category.
Our ranking strategy involves a composite performance score that reflects the fund's returns, its associated risk, and its risk-adjusted performance for the last three years. We then use this composite performance score to rank the funds within each category.

The SBI Equity Minimum Variance Fund has poor return performance, as all 1 year and above return parameters are below average in Sectoral/ Thematic Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the SBI Equity Minimum Variance Fund has given return of 4.73% in last one month which is very good as it is in the top quartile in Sectoral/ Thematic Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the SBI Equity Minimum Variance Fund has given return of 11.53% in last three month which is good as it is above average in Sectoral/ Thematic Fund.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the SBI Equity Minimum Variance Fund has given return of 20.47% in last six month which is good as it is above average in Sectoral/ Thematic Fund.
  4. 1 Year Return%: The SBI Equity Minimum Variance Fund has given return of 39.45% in last one year which is poor as it is in the below average in Sectoral/ Thematic Fund. The one year return rank of SBI Equity Minimum Variance Fund is 12 in 21 funds. The investment of ₹ 10,000 in this fund would have become ₹ 13945.0 in one year.
  5. 3 Year Return%: The SBI Equity Minimum Variance Fund has given return of 19.7% in last three year which is poor as it is in the below average with return rank of 9 in 16 funds. in Sectoral/ Thematic Fund.
  6. 1 Year SIP Return%: The SBI Equity Minimum Variance Fund has given return of 41.84% in last one year which is poor as it is in the below average with return rank of 14 in 21 funds. in Sectoral/ Thematic Fund.
  7. 3 Year SIP Return%: The SBI Equity Minimum Variance Fund has given return of 22.17% in last three year which is poor as it is in the below average with return rank of 8 in 16 funds. in Sectoral/ Thematic Fund.
    8. '
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The SBI Equity Minimum Variance Fund has excellent risk performance, as all risk parameters are in the top quartile in Sectoral/ Thematic Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The SBI Equity Minimum Variance Fund has standard deviation of 11.98 which is very good as it is in the top quartile with risk rank of 3 in 15 funds. in Sectoral/ Thematic Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The SBI Equity Minimum Variance Fund has semi deviation of 8.09 which is very good as it is in the top quartile with risk rank of 3 in 15 funds. in Sectoral/ Thematic Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The SBI Equity Minimum Variance Fund has max drawdown of -8.71% which is very good as it is in the top quartile with risk rank of 4 in 15 funds. in Sectoral/ Thematic Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The SBI Equity Minimum Variance Fund has 1Y VaR at 95% of -11.19% which is very good as it is in the top quartile with risk rank of 3 in 15 funds. in Sectoral/ Thematic Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The SBI Equity Minimum Variance Fund has average drawdown of -3.65% which is very good as it is in the top quartile with risk rank of 2 in 15 funds. in Sectoral/ Thematic Fund.
    6. '
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The SBI Equity Minimum Variance Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Sectoral/ Thematic Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Sterling Ratio of 1.05 which is good as it is above average with risk rank of 5 in 15 funds. in Sectoral/ Thematic Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Sortino Ratio of 0.55 which is good as it is above average with risk rank of 6 in 15 funds. in Sectoral/ Thematic Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Jensen Alpha of 6.23% which is good as it is above average with risk rank of 7 in 15 funds. in Sectoral/ Thematic Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Treynor Ratio of 0.14 which is poor as it is in the below average with risk rank of 7 in 15 funds. in Sectoral/ Thematic Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Modigliani Square Measure of 21.22% which is good as it is above average with risk rank of 6 in 15 funds. in Sectoral/ Thematic Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The SBI Equity Minimum Variance Fund has Alpha of 4.15% which is good as it is above average with risk rank of 7 in 15 funds. in Sectoral/ Thematic Fund.
    7. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % -1.10
3.65
-1.10 | 7.64 21 | 21
No
No
Yes
3M Return % 2.59
4.90
1.14 | 9.47 15 | 21
No
No
No
6M Return % 15.25
18.48
8.96 | 29.77 15 | 21
No
No
No
1Y Return % 32.62
42.08
29.15 | 68.41 17 | 21
No
No
Yes
3Y Return % 17.55
20.84
13.91 | 31.06 11 | 16
No
No
No
5Y Return % 16.41
19.06
14.54 | 22.17 10 | 11
No
No
Yes
1Y SIP Return % 27.13
37.77
23.45 | 63.92 16 | 21
No
No
Yes
3Y SIP Return % 19.15
21.84
15.18 | 34.94 10 | 16
No
No
No
5Y SIP Return % 20.24
23.34
17.08 | 30.92 9 | 11
No
No
Yes
Standard Deviation 11.98
13.73
10.59 | 20.50 3 | 15
Yes
Yes
No
Semi Deviation 8.09
9.57
7.58 | 14.24 3 | 15
Yes
Yes
No
Max Drawdown % -8.71
-12.93
-18.94 | -6.01 4 | 15
Yes
Yes
No
VaR 1 Y % -11.19
-15.20
-29.64 | -9.30 3 | 15
Yes
Yes
No
Average Drawdown % -3.65
-5.65
-10.13 | -2.84 2 | 15
Yes
Yes
No
Sharpe Ratio 0.97
0.91
0.35 | 1.52 6 | 15
Yes
No
No
Sterling Ratio 1.05
0.95
0.43 | 1.80 5 | 15
Yes
No
No
Sortino Ratio 0.55
0.50
0.18 | 0.91 6 | 15
Yes
No
No
Jensen Alpha % 6.23
4.15
-4.39 | 12.69 7 | 15
Yes
No
No
Treynor Ratio 0.14
0.14
0.05 | 0.24 7 | 15
No
No
No
Modigliani Square Measure % 21.22
21.09
12.06 | 28.56 6 | 15
Yes
No
No
Alpha % 4.15
2.14
-5.74 | 10.08 7 | 15
Yes
No
No
Return data last Updated On : April 15, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % -1.07 3.73 -1.07 | 7.77 21 | 21
No
No
Yes
3M Return % 2.67 5.18 1.43 | 9.71 16 | 21
No
No
Yes
6M Return % 15.43 19.13 9.62 | 30.60 15 | 21
No
No
No
1Y Return % 33.04 43.67 30.60 | 70.24 17 | 21
No
No
Yes
3Y Return % 17.96 22.09 14.91 | 32.68 12 | 16
No
No
Yes
5Y Return % 16.84 20.10 15.36 | 23.63 10 | 11
No
No
Yes
1Y SIP Return % 27.54 39.31 24.23 | 65.87 17 | 21
No
No
Yes
3Y SIP Return % 19.54 23.04 15.91 | 36.09 11 | 16
No
No
No
5Y SIP Return % 20.66 24.43 17.89 | 32.57 10 | 11
No
No
Yes
Standard Deviation 11.98 13.73 10.59 | 20.50 3 | 15
Yes
Yes
No
Semi Deviation 8.09 9.57 7.58 | 14.24 3 | 15
Yes
Yes
No
Max Drawdown % -8.71 -12.93 -18.94 | -6.01 4 | 15
Yes
Yes
No
VaR 1 Y % -11.19 -15.20 -29.64 | -9.30 3 | 15
Yes
Yes
No
Average Drawdown % -3.65 -5.65 -10.13 | -2.84 2 | 15
Yes
Yes
No
Sharpe Ratio 0.97 0.91 0.35 | 1.52 6 | 15
Yes
No
No
Sterling Ratio 1.05 0.95 0.43 | 1.80 5 | 15
Yes
No
No
Sortino Ratio 0.55 0.50 0.18 | 0.91 6 | 15
Yes
No
No
Jensen Alpha % 6.23 4.15 -4.39 | 12.69 7 | 15
Yes
No
No
Treynor Ratio 0.14 0.14 0.05 | 0.24 7 | 15
No
No
No
Modigliani Square Measure % 21.22 21.09 12.06 | 28.56 6 | 15
Yes
No
No
Alpha % 4.15 2.14 -5.74 | 10.08 7 | 15
Yes
No
No
Return data last Updated On : April 15, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.86 ₹ 9914.0 -0.86 ₹ 9914.0
1W -1.55 ₹ 9845.0 -1.54 ₹ 9846.0
1M -1.1 ₹ 9890.0 -1.07 ₹ 9893.0
3M 2.59 ₹ 10259.0 2.67 ₹ 10267.0
6M 15.25 ₹ 11525.0 15.43 ₹ 11543.0
1Y 32.62 ₹ 13262.0 33.04 ₹ 13304.0
3Y 17.55 ₹ 16245.0 17.96 ₹ 16414.0
5Y 16.41 ₹ 21378.0 16.84 ₹ 21778.0
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 27.132 ₹ 13698.624 27.5351 ₹ 13722.996
3Y ₹ 36000 19.1536 ₹ 47709.0 19.5361 ₹ 47965.536
5Y ₹ 60000 20.2359 ₹ 99283.14 20.6595 ₹ 100309.62
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
15-04-2024 22.0444 22.4644
12-04-2024 22.2367 22.6597
09-04-2024 22.3909 22.8163
08-04-2024 22.4369 22.8629
05-04-2024 22.3625 22.7864
04-04-2024 22.4057 22.8303
03-04-2024 22.3946 22.8188
02-04-2024 22.5112 22.9374
01-04-2024 22.4722 22.8975
28-03-2024 22.3742 22.7967
27-03-2024 22.0967 22.5138
26-03-2024 22.1657 22.5839
22-03-2024 22.2289 22.6475
21-03-2024 22.0328 22.4475
20-03-2024 21.8421 22.253
19-03-2024 21.8355 22.2461
18-03-2024 22.2896 22.7085
15-03-2024 22.2867 22.7049
14-03-2024 22.36 22.7792
13-03-2024 22.1169 22.5313
12-03-2024 22.5252 22.9471
11-03-2024 22.6735 23.098
07-03-2024 22.7181 23.1425
06-03-2024 22.6115 23.0338
05-03-2024 22.485 22.9047
04-03-2024 22.535 22.9554
01-03-2024 22.4723 22.891
29-02-2024 22.3945 22.8115
28-02-2024 22.3354 22.751
27-02-2024 22.5615 22.9811
26-02-2024 22.4339 22.8509
23-02-2024 22.4793 22.8966
22-02-2024 22.456 22.8726
21-02-2024 22.3032 22.7168
20-02-2024 22.4077 22.8231
19-02-2024 22.3899 22.8048
16-02-2024 22.2558 22.6675
15-02-2024 22.1044 22.5132
14-02-2024 22.0925 22.5008
13-02-2024 22.0635 22.4711
12-02-2024 21.9697 22.3754
09-02-2024 22.0414 22.4477
08-02-2024 21.9308 22.3349
07-02-2024 22.1283 22.5358
06-02-2024 22.0551 22.4611
05-02-2024 21.9199 22.3232
02-02-2024 21.8941 22.2963
01-02-2024 21.6746 22.0726
31-01-2024 21.7247 22.1234
30-01-2024 21.3833 21.7755
29-01-2024 21.5338 21.9286
25-01-2024 21.3263 21.7165
24-01-2024 21.5023 21.8956
23-01-2024 21.1669 21.5538
19-01-2024 21.4412 21.8324
18-01-2024 21.2284 21.615
17-01-2024 21.2763 21.6637
16-01-2024 21.4888 21.8798
15-01-2024 21.5936 21.9863
12-01-2024 21.4568 21.8489
11-01-2024 21.3053 21.6945
10-01-2024 21.3244 21.7137
09-01-2024 21.2909 21.6794
08-01-2024 21.2354 21.6228
05-01-2024 21.4554 21.8462
04-01-2024 21.4848 21.8759
03-01-2024 21.3619 21.7506
02-01-2024 21.4831 21.8738
01-01-2024 21.4626 21.8527
29-12-2023 21.3957 21.7841
28-12-2023 21.3982 21.7863
27-12-2023 21.1547 21.5383
26-12-2023 21.0015 21.3822
22-12-2023 20.8672 21.2446
21-12-2023 20.6659 21.0396
20-12-2023 20.5856 20.9576
19-12-2023 20.8659 21.2427
18-12-2023 20.7414 21.1158
15-12-2023 20.7576 21.1317
14-12-2023 20.5907 20.9616
13-12-2023 20.5141 20.8835
12-12-2023 20.4186 20.786
11-12-2023 20.4542 20.8221
08-12-2023 20.4911 20.8591
07-12-2023 20.5462 20.915
06-12-2023 20.5235 20.8917
05-12-2023 20.4685 20.8355
04-12-2023 20.3115 20.6756
01-12-2023 20.0798 20.4391
30-11-2023 19.9797 20.3371
29-11-2023 19.8461 20.201
28-11-2023 19.694 20.046
24-11-2023 19.5674 19.9164
23-11-2023 19.6104 19.96
22-11-2023 19.7255 20.0769
21-11-2023 19.6527 20.0027
20-11-2023 19.5868 19.9355
17-11-2023 19.6258 19.9746
16-11-2023 19.5282 19.8751
15-11-2023 19.4201 19.7648
13-11-2023 19.2652 19.6069
10-11-2023 19.235 19.5756
09-11-2023 19.2158 19.556
08-11-2023 19.2547 19.5954
07-11-2023 19.1606 19.4994
06-11-2023 19.0916 19.429
03-11-2023 18.9146 19.2485
02-11-2023 18.854 19.1866
01-11-2023 18.6666 18.9957
31-10-2023 18.7398 19.07
30-10-2023 18.7607 19.0911
27-10-2023 18.7257 19.055
26-10-2023 18.5589 18.8851
25-10-2023 18.8062 19.1366
23-10-2023 18.9208 19.2529
20-10-2023 19.1719 19.5079
19-10-2023 19.2961 19.634
18-10-2023 19.2463 19.5832
17-10-2023 19.2225 19.5588
16-10-2023 19.1272 19.4617
13-10-2023 19.1698 19.5045
12-10-2023 19.1047 19.4381
11-10-2023 19.1433 19.4772
10-10-2023 19.001 19.3323
09-10-2023 18.8891 19.2182
06-10-2023 18.9559 19.2857
05-10-2023 18.876 19.2042
04-10-2023 18.8429 19.1704
03-10-2023 18.8915 19.2197
29-09-2023 19.026 19.3559
27-09-2023 19.1068 19.4377
26-09-2023 19.0263 19.3556
25-09-2023 19.0048 19.3336
22-09-2023 19.0339 19.3627
21-09-2023 19.1238 19.454
20-09-2023 19.2409 19.573
18-09-2023 19.3661 19.6999
15-09-2023 19.3072 19.6395
14-09-2023 19.2512 19.5824
13-09-2023 19.1949 19.525
12-09-2023 19.1298 19.4586
11-09-2023 19.1879 19.5175
08-09-2023 19.01 19.336
07-09-2023 18.975 19.3003
06-09-2023 18.9386 19.2631
05-09-2023 18.8612 19.1842
04-09-2023 18.813 19.1349
01-09-2023 18.7194 19.0393
31-08-2023 18.5888 18.9063
30-08-2023 18.7031 19.0223
29-08-2023 18.6892 19.008
28-08-2023 18.6643 18.9825
25-08-2023 18.6089 18.9257
24-08-2023 18.7525 19.0716
23-08-2023 18.7939 19.1135
22-08-2023 18.7614 19.0803
21-08-2023 18.7667 19.0855
18-08-2023 18.6486 18.9649
17-08-2023 18.6977 19.0147
16-08-2023 18.7606 19.0785
14-08-2023 18.7003 19.0168
11-08-2023 18.7311 19.0477
10-08-2023 18.8394 19.1576
09-08-2023 18.9212 19.2406
08-08-2023 18.835 19.1528
07-08-2023 18.8315 19.1491
04-08-2023 18.7605 19.0764
03-08-2023 18.6597 18.9738
02-08-2023 18.7627 19.0783
01-08-2023 18.8856 19.2031
31-07-2023 18.9088 19.2265
28-07-2023 18.8295 19.1454
27-07-2023 18.7529 19.0673
26-07-2023 18.7049 19.0184
25-07-2023 18.6027 18.9143
24-07-2023 18.5978 18.9091
21-07-2023 18.6053 18.9162
20-07-2023 18.7664 19.0799
19-07-2023 18.6249 18.9359
18-07-2023 18.5744 18.8844
17-07-2023 18.6346 18.9454
14-07-2023 18.5745 18.8838
13-07-2023 18.4034 18.7097
12-07-2023 18.4508 18.7577
11-07-2023 18.4739 18.781
10-07-2023 18.3246 18.6291
07-07-2023 18.4262 18.7319
06-07-2023 18.6167 18.9253
05-07-2023 18.4832 18.7895
04-07-2023 18.3505 18.6544
03-07-2023 18.2693 18.5718
30-06-2023 18.3159 18.6186
28-06-2023 18.1187 18.4178
27-06-2023 17.9767 18.2733
26-06-2023 17.9458 18.2416
23-06-2023 17.8386 18.1322
22-06-2023 17.9259 18.2207
21-06-2023 18.0725 18.3697
20-06-2023 18.0327 18.329
19-06-2023 17.9589 18.2538
16-06-2023 18.0141 18.3094
15-06-2023 17.8973 18.1906
14-06-2023 17.8313 18.1234
13-06-2023 17.768 18.0589
12-06-2023 17.6494 17.9382
09-06-2023 17.5986 17.8861
08-06-2023 17.6533 17.9415
07-06-2023 17.7734 18.0634
06-06-2023 17.563 17.8494
05-06-2023 17.553 17.8391
02-06-2023 17.5372 17.8225
01-06-2023 17.4447 17.7284
31-05-2023 17.3893 17.672
30-05-2023 17.372 17.6542
29-05-2023 17.3915 17.6739
26-05-2023 17.3437 17.6249
25-05-2023 17.1935 17.4721
24-05-2023 17.147 17.4247
23-05-2023 17.1237 17.4008
22-05-2023 17.077 17.3532
19-05-2023 16.9355 17.209
18-05-2023 16.9258 17.199
17-05-2023 17.0549 17.33
16-05-2023 17.1232 17.3993
15-05-2023 17.169 17.4456
12-05-2023 17.1242 17.3997
11-05-2023 17.19 17.4664
10-05-2023 17.2333 17.5103
09-05-2023 17.1939 17.47
08-05-2023 17.1767 17.4524
05-05-2023 17.0755 17.3491
04-05-2023 17.0977 17.3716
03-05-2023 16.9808 17.2526
02-05-2023 17.0075 17.2796
28-04-2023 16.9627 17.2335
27-04-2023 16.7915 17.0593
26-04-2023 16.7316 16.9984
25-04-2023 16.6519 16.9173
24-04-2023 16.5975 16.8618
21-04-2023 16.5693 16.8328
20-04-2023 16.5249 16.7875
19-04-2023 16.5803 16.8436
18-04-2023 16.6484 16.9127
17-04-2023 16.6219 16.8856

Fund Launch Date: 02/Mar/2019
Fund Category: Sectoral/ Thematic
Investment Objective: The investment objective of the scheme is 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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Fund Description: An Open Ended Equity Scheme following minimum variance theme
Fund Benchmark: Nifty 50 Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.