| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.58% |
| NAV | ₹12.12 (23 Jul 2019) |
|---|---|
| Fund Started | 19 Jul 2016 |
| Fund Size | ₹674 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| TMF Holdings Ltd. | Financial | Bonds | 9.6% |
| Indian Oil Corpn. Ltd. | Energy | CP | 8.9% |
| Indian Bank | Financial | CD | 8.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 8.3% |
| Vedanta Ltd. | Metals | CP | 7.4% |
| Repco Home Finance Ltd. | Financial | Debenture | 6.7% |
| Fullerton India Credit Corporation Ltd. | Financial | Debenture | 4.7% |
| Shriram Transport Finance Co. Ltd. | Financial | Debenture | 4.7% |
| Tata Power Co. Ltd. | Energy | CP | 3.7% |
| DCB Bank Ltd. | Financial | CD | 0.9% |
SBI Dual Advantage Fund Series XVI Direct Dividend is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 19 Jul 2016. Dharmendra Grover, Rajiv Radhakrishnan is the Current Fund Manager of SBI Dual Advantage Fund Series XVI Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹674 Cr and the Latest NAV as of 23 Jul 2019 is ₹12.12.
The SBI Dual Advantage Fund Series XVI Direct Dividend is rated Moderately High risk.
The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme.