Equity Fund Meaning

Hello sir I am here as I want to know the meaning of the Equity Fund so please tell me the meaning?? Also provide me information about Equity Funds & Schemes of SBI Funds Management Pvt Ltd.??

[Kiran Chandar]

An equity fund is a type of mutual fund that has a mandate requiring the portfolio manager to invest the shareholders' cash in ownership of businesses, also called equities, such as common stocks of publicly traded companies.

Equity funds can come in both the traditional mutual fund variety or as so-called ETFs, which is short for Exchange Traded Funds
Some of the popular equity fund categories are
1. Large cap funds
2. Small and mid-cap funds
3. Multi-cap funds
4. Thematic funds
5. Tax saving funds
6. Equity oriented hybrid funds

The primary objective of the equity asset class of SBI Funds Management Pvt Ltd is to provide capital growth / appreciation by investing in the equity and equity related instruments of companies over medium to long term.
Equity/ Growth Funds
-SBI Magnum Equity Fund
-SBI Magnum Global Fund
-SBI BlueChip Fund
-SBI Magnum Multicap Fund
-SBI Magnum Multiplier Fund
-SBI Small and Midcap Fund
-SBI Magnum Midcap Fund
-SBI Emerging Businesses Fund

Sectoral Funds
-SBI Contra Fund
-SBI FMCG Fund
-SBI IT Fund
-SBI Pharma Fund
-SBI Banking & Financial Services Fund

Thematic Funds
-SBI Magnum COMMA Fund
-SBI Infrastructure Fund
-SBI PSU Fund

ELSS Funds
-SBI Magnum Taxgain Scheme 1993
-SBI Tax Advantage Fund - Series I
-SBI Tax Advantage Fund - Series II
-SBI Tax Advantage Fund - Series III

Index Funds
-SBI Nifty Index Fund

Market Neutral Strategy
-SBI Arbitrage Opportunities Fund

Contact Details:
SBI Funds Management Pvt Ltd.
A joint venture between SBI and AMUNDI
(CIN - U65990MH1992PTC065289)
9th Floor, Crescenzo, C-38 & 39, G Block,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400051.
Board Line: +91 22 61793000