Home>Mutual Funds>SBI Mutual Fund>SBI Corporate Bond Fund Direct Growth
shareSHARE

SBI Corporate Bond Fund Direct Growth-0.02%

7.69%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
All

Fund Details

SBI Corporate Bond Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.35%
NAV₹12.33 (12 May 2021)
Fund Started21 Jan 2019
Fund Size29,646 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.7%
-
-
9.6%
Category Average
7.7%
7.5%
7.4%
-
Rank Within Category
16
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 7.7% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.35%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
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

Rajeev Radhakrishnan
keyboard_arrow_down
Mohit Jain
keyboard_arrow_down

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 ₹29,646 Cr and the Latest NAV as of 12 May 2021 is ₹12.33.

The SBI Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

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
Nil
Exit Load

Compare Funds

SBI Corporate Bond Fund Direct Growth
VS
search

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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India