SBI Corporate Bond Fund Direct Growth-0.08%

4
12.59%
1 Year Return
Debt
Corporate Bond
4.0star
6M
1Y
All

Fund Details

SBI Corporate Bond Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.34%
NAV11.89 (14 Jul 2020)
Fund Started21 Jan 2019
Fund Size16,559 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Corporate Bond Fund Direct Growth
12.6%
NA
NA
12.7%
Category Average
10.4%
7.1%
7.8%
-
Rank within category
6
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 12.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.34%
    3. 1Y Returns are higher than the category average returns
    Cons
    1. Age is less than 3 years

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec7.2%
    Air India Assets Holdings Ltd.DiversifiedDebenture3.9%
    State Bank of IndiaFinancialNCD3.5%
    Indian Oil Corpn. Ltd.EnergyDebenture3.5%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture2.4%
    Bank Of BarodaFinancialDebenture1.7%
    Tata Capital Ltd.FinancialDebenture1.5%
    Nabha Power Ltd.EngineeringDebenture1.5%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture1.5%
    Reliance Jio Infocomm Ltd.CommunicationDebenture1.5%
    See All

    Fund Managers

    addRajeev Radhakrishnan
    Education
    Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
    Experience
    Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
    Funds Managed

    SBI Corporate Bond Fund Direct Growth Details

    SBI Corporate Bond Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹16,559 Cr and the Latest NAV as of 14 Jul 2020 is ₹11.89.

    The SBI Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 4% of the investment,1% will be charged for redemption within 6 months.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 4% of the investment,1% will be charged for redemption within 6 months.
    Exit Load

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    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    29 Jun 1987
    SBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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