Home>Mutual Funds>SBI Mutual Fund>SBI Savings Fund Direct IDCW Daily

SBI Savings Fund Direct IDCW Daily

Debt
Money Market
Moderate Risk
4.08%
1Y return
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 Sep 2021₹10.88
Min. SIP amount₹500
Rating3star
Fund size₹25,620.09 Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.1%6.6%6.9%7.9%
Category average3.7%6.3%6.5%NA
Rank with in category444NA
Understand termsinfo

Holdings (90)

NameSectorInstrumentAssets
GOI
SovereignCGL7.7%
GOI
SovereignCGL7.6%
Reserve Bank of India
FinancialT-Bills2.9%
FinancialCD2.9%
FinancialCD2.5%
FinancialCD2.5%
Reserve Bank of India
FinancialT-Bills2.5%
FinancialCD2.3%
Shriram Transport Finance Company Ltd.
FinancialCP2.3%
FinancialCD1.9%
See All

Pros and cons

info
Category: Debt Money Market
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Pros

Lower expense ratio - 0.23%
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
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Cons

Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

Expense ratio, exit load and tax

Expense ratio: 0.23%

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
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

R Arun
Jan 2013 - Present
View details
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Fund house & investment objective

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Fund house contact details

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