|Min SIP Amount||₹500|
|NAV||₹35.23 (29 Oct 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹3,721 Cr|
|Tata International Ltd.||Services||NCD||4.0%|
|Bharti Airtel Ltd.||Communication||NCD||4.0%|
|TMF Holdings Ltd.||Financial||ZCB||3.9%|
|L&T Vadodara Bharuch Tollway Ltd.||Construction||Debenture||3.5%|
|Sterlite Power Grid Ventures Ltd.||Engineering||Debenture||3.4%|
|Tata Projects Ltd.||Construction||NCD||3.0%|
SBI Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Lokesh Mallya, Mansi Sajeja is the Current Fund Manager of SBI Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,721 Cr and the Latest NAV as of 29 Oct 2020 is ₹35.23.
The SBI Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 8% of the investment, exit load of 3% if redeemed within 12 months, 1.5% if redeemed after 12 months but within 24 months and 0.75% if redeemed after 24 months but within 36 months
The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA and below(excluding AA+ rated corporate bonds) so as to generate attractive returns 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.