SBI Equity Savings Fund - Regular Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)

SBI Equity Savings Fund - Regular Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) is a scheme launched by SBI Mutual Fund on May 27, 2015, and falls under the Equity Savings fund category. It currently manages an AUM of Rs 5,702.87 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 1.43% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is 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.

• Performance:

  SBI Equity Savings Fund - Regular Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) trailing returns over different times are 4.24% (1 year), 10.52% (3 year) and 11.67% (5 year). The average annual return of this fund stands at 3.49%.