SBI Floating Rate Debt Fund Direct IDCW Quarterly

SBI Floating Rate Debt Fund Direct IDCW Quarterly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Rajeev Radhakrishnan is the Current Fund Manager of SBI Floating Rate Debt Fund Direct IDCW Quarterly fund. The fund currently has an Asset Under Management(AUM) of ₹8,23,520 Cr and the Latest NAV as of 29 Sep 2023 is ₹11.69. The SBI Floating Rate Debt Fund Direct IDCW Quarterly is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Exit load of 0.10%, if redeemed within 3 days. ;

Investment Objective

The scheme seeks to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments. ;