Should I invest in SBI Equity Minimum Variance Fund?

We don't give personal investment advice. SBI Equity Minimum Variance Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.3%. 5-year CAGR: 10.83%.

SBI

SBI Equity Minimum Variance Fund - Direct Plan - Growth

Latest NAV

₹24.6035

As of

17 Jul 2026

1,808 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.48%	-0.05%	+0.53	59 / 258	Q1
1W	-0.06%	-0.18%	+0.12	113 / 258	Q2
2W	-0.81%	-0.17%	-0.64	218 / 259	Q4
1M	+1.13%	+1.63%	-0.50	175 / 259	Q3
3M	+2.94%	+4.83%	-1.88	173 / 259	Q3
6M	-1.06%	+4.61%	-5.67	197 / 250	Q4
YTD	-2.49%	+2.98%	-5.47	192 / 247	Q4
1Y	+0.25%	+5.46%	-5.21	176 / 235	Q3
2Y	-0.94%	+4.09%	-5.03	146 / 187	Q4
3Y	+9.22%	+15.93%	-6.71	134 / 148	Q4
4Y	+12.22%	+17.58%	-5.37	105 / 121	Q4
5Y	+10.83%	+13.72%	-2.89	89 / 110	Q4
7Y	+14.11%	+17.79%	-3.68	69 / 91	Q4
10Y	—	—	—	—	—
Inception	+13.19%	+12.07%	+1.11	143 / 259	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.49%	+3.40%	-5.89	190 / 244
2025	+7.15%	+4.41%	+2.74	75 / 208
2024	+8.06%	+23.18%	-15.12	152 / 155
2023	+28.61%	+33.51%	-4.90	77 / 127
2022	+6.52%	+4.32%	+2.20	58 / 116
2021	+23.93%	+34.43%	-10.50	74 / 104
2020	+24.43%	+21.19%	+3.24	31 / 94
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+16.98%

77 windows

min -17.1% · max 64.1%

91% positive

3-Year rolling

+17.33%

53 windows

min 9.2% · max 29.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+17.48%

29 windows

min 10.7% · max 25.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+13.43%

4 windows

min 12.8% · max 14.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

10.89%

3-year · annualised

Sharpe ratio

0.26

vs risk-free 6.5%

Sortino ratio

0.40

Downside-only deviation

Max drawdown

-20.34%

Sep 2024 → Mar 2025

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹19.7420	17 Jul 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹13.0154	17 Jul 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.8700	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹14.5000	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹22.0723	17 Jul 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹24.7900	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹72.8200	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.5242	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- Growth	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹24.6035
16 Jul 2026	₹24.4856
15 Jul 2026	₹24.4884
14 Jul 2026	₹24.4935
13 Jul 2026	₹24.5552
10 Jul 2026	₹24.6184
9 Jul 2026	₹24.4976
8 Jul 2026	₹24.3842
7 Jul 2026	₹24.8188
6 Jul 2026	₹24.8449

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of SBI Equity Minimum Variance Fund - Direct Plan - Growth is ₹24.6035. It's a Sectoral/Thematic Fund from SBI, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

SBI Equity Minimum Variance Fund - Direct Plan - Growth has NAV history starting from 27 Mar 2019, a track record of about 7 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

SBI Equity Minimum Variance Fund - Direct Plan - Growth is managed by SBI. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Equity Minimum Variance Fund - Direct Plan - Growth has delivered a absolute return of 0.25% — -5.21 pp behind the Sectoral/Thematic Fund category average of 5.46%. The fund ranks #176 of 235 in its category — the third (Q3) quartile.

Over the trailing 3-year window, SBI Equity Minimum Variance Fund - Direct Plan - Growth has delivered a CAGR of 9.22% — -6.71 pp behind the Sectoral/Thematic Fund category average of 15.93%. The fund ranks #134 of 148 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, SBI Equity Minimum Variance Fund - Direct Plan - Growth has delivered a CAGR of 10.83% — -2.89 pp behind the Sectoral/Thematic Fund category average of 13.72%. The fund ranks #89 of 110 in its category — the bottom (Q4) quartile.

₹1 lakh invested in SBI Equity Minimum Variance Fund - Direct Plan - Growth exactly 5 years ago would be worth approximately ₹167,235 today — a multiplier of 1.67×, based on the 5-year CAGR of 10.83%. The category average over the same window would have grown ₹1 lakh to ₹190,217.

A ₹10,000 monthly SIP in SBI Equity Minimum Variance Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹747,526 today. That's an XIRR (money-weighted annualised return) of 8.72%.

SBI Equity Minimum Variance Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,299,224 — XIRR 12.24%.

On a 5-year basis, SBI Equity Minimum Variance Fund - Direct Plan - Growth ranks #89 out of 110 funds in the Sectoral/Thematic Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 13.72%; this fund delivered 10.83%.

The worst peak-to-trough decline SBI Equity Minimum Variance Fund - Direct Plan - Growth has experienced over the last 5-year window is 20.34% — its NAV fell from a high on 27 Sep 2024 to a low on 04 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, SBI Equity Minimum Variance Fund - Direct Plan - Growth averaged 17.48% (best 25.00%, worst 10.74%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.36 — weak risk-adjusted performance.

In calendar year 2025, SBI Equity Minimum Variance Fund - Direct Plan - Growth returned 7.15% — beating the Sectoral/Thematic Fund category average of 4.41% by 2.74 pp. It ranked #75 of 208 in its category that year.

SBI Equity Minimum Variance Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. SBI Equity Minimum Variance Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.3%. 5-year CAGR: 10.83%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

SBI Equity Minimum Variance Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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