Fund Details
SBI Corporate Bond Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.35% |
| NAV | ₹11.64 (12 May 2021) |
|---|---|
| Fund Started | 21 Jan 2019 |
| Fund Size | ₹29,646 Cr |
Returns
Comparison
1. Lower expense ratio - 0.35%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Age is less than 3 years
Fund Managers
SBI Corporate Bond Fund Direct IDCW Monthly Details
SBI Corporate Bond Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 21 Jan 2019. Mohit Jain is the Current Fund Manager of SBI Corporate Bond Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹29,646 Cr and the Latest NAV as of 12 May 2021 is ₹11.64.
The SBI Corporate Bond Fund Direct IDCW Monthly is rated Moderate risk.
Investment Objective
The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
