Hey Chetan,
I tried disabling those two components but the client forces you to disable SONAR and Intrusion Detection as well so it pretty much disables most of the protection services. It didn't really seem to change the load problem either. I also tried uninstalling the client (it was an upgrade on 11.0.6 RU3), running clean wipe and then installing again but that didn't help either, I was thinking the client may not have been processing the policies correctly after the upgrade. The load differential goes from about 5-8 seconds with the previous version of SEP to 45-60 seconds with the 12.1 RU1 version so it's significant enough that it won't be popular with users. Also, forgot to mention by way of benchmark, I use the SEP Hardening Application and Device Control Policy rather than the default Application and Device policy, not sure if that will help.
thanks, nick