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SBI Floating Rate Debt Fund Direct Growth

Debt
Floater
Moderate Risk
1M
6M
All
NAV: 30 Jul 2021₹10.37
Min. SIP AmountNA
RatingNA
Fund Size₹408.15 Cr

Holdings (15)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills24.1%
GOI
SovereignGOI FRB11.5%
GOI
SovereignGOI Sec10.1%
Reserve Bank of India
FinancialT-Bills7.2%
GOI
SovereignGOI Sec6.8%
GOI
SovereignGOI Sec6.5%
GOI
SovereignGOI Sec6.4%
Infina Finance Pvt. Ltd.
FinancialCP3.7%
Manappuram Finance Ltd.FinancialDebenture3.0%
Flometallic India Pvt. Ltd.
MetalsDebenture2.5%
See All

Pros and cons

Category: Debt Floater

Pros

  • Lower expense ratio - 0.25%

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.25%

Inclusive of GST

Exit load

Exit load of 0.10%, if redeemed within 3 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Fund management

Rajeev Radhakrishnan
Oct 2020 - Present
View Details
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Mohit Jain
Oct 2020 - Present
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Fund house & investment objective

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Fund house contact details

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