| NAV: 27 May 2022 | ₹11.00 |
| Min. SIP amount | NA |
| Rating | 2 |
| Fund size | ₹23,656.35Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.1% | 4.9% | 5.7% | 7.0% |
| Category average | 3.7% | 6.3% | 6.5% | NA |
| Rank with in category | 11 | 10 | 10 | NA |
Holdings (79)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 7.4% |
HDFC Bank Ltd. | Financial | CD | 6.3% |
Reserve Bank of India | Financial | T-Bills | 5.2% |
Axis Bank Ltd. | Financial | CD | 4.0% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.1% |
HDFC Bank Ltd. | Financial | CD | 2.2% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | CP | 2.1% |
IDFC First Bank Ltd. | Financial | CD | 2.1% |
| Motilal Oswal Finevest Ltd. | Financial | CP | 2.1% |
Expense ratio, exit load and tax
Expense ratio: 0.76%
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
R ArunApr 2012 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in SBI Savings Fund IDCW Daily?
You can easily invest in SBI Savings Fund IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for SBI Savings Fund IDCW Daily from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in SBI Savings Fund IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does SBI Savings Fund IDCW Daily provide?
The SBI Savings Fund IDCW Daily has been there from 03 Mar 2011 and the average annual returns provided by this fund is 3.10% since its inception.
How much expense ratio is charged by SBI Savings Fund IDCW Daily?
The term
Expense Ratio used for SBI Savings Fund IDCW Daily or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of SBI Savings Fund IDCW Daily is 0.76% as of 28 May 2022...
What is the AUM of SBI Savings Fund IDCW Daily?
The AUM, short for Assets Under Management of SBI Savings Fund IDCW Daily is ₹23,656.35Cr as of 28 May 2022.
How to Redeem SBI Savings Fund IDCW Daily?
If you want to sell your SBI Savings Fund IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of SBI Savings Fund IDCW Daily?
What is the NAV of SBI Savings Fund IDCW Daily?
The NAV of SBI Savings Fund IDCW Daily is ₹11.00 as of 27 May 2022.
