|Min SIP Amount||₹500|
|NAV||₹12.33 (12 May 2021)|
|Fund Started||21 Jan 2019|
|Fund Size||₹29,646 Cr|
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.