|Min SIP Amount||₹500|
|NAV||₹12.08 (20 Jan 2021)|
|Fund Started||21 Jan 2019|
|Fund Size||₹28,522 Cr|
|State Bank of India||Financial||NCD||3.4%|
|Air India Assets Holdings Ltd.||Diversified||Debenture||3.2%|
|State Bank of India||Financial||NCD||1.9%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||1.9%|
|Power Finance Corpn. Ltd.||Financial||Debenture||1.8%|
|Oil & Natural Gas Corpn. Ltd.||Energy||Debenture||1.8%|
SBI Corporate Bond Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹28,522 Cr and the Latest NAV as of 20 Jan 2021 is ₹12.08.
The SBI Corporate Bond Fund Regular 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.
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.