SBI Savings Fund Direct Dividend Daily+0.02%

4
7.98%
1 Year Return
Debt
Money Market
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Savings Fund Direct Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.22%
NAV10.36 (09 Jul 2020)
Fund Started07 Jan 2013
Fund Size13,222 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Savings Fund Direct Dividend Daily
8.0%
7.8%
8.1%
8.6%
Category Average
7.3%
7.1%
7.4%
-
Rank within category
5
6
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.22%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

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    SBI Savings Fund Direct Dividend Daily Details

    SBI Savings Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 07 Jan 2013. R Arun is the Current Fund Manager of SBI Savings Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹13,222 Cr and the Latest NAV as of 09 Jul 2020 is ₹10.36.

    The SBI Savings Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 0.10% if redeemed within 3 days

    Investment Objective

    The Objective of the Scheme is to provide investors an opportunity to earn returns that would be higher than the returns offered by comparable investments in debt and money market securities. The MIF FRP STP and MIF FRP LTP Plans endeavors to mitigate interest rate risk and seek to generate regular returns.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 0.10% if redeemed within 3 days
    Exit Load

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    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    29 Jun 1987
    SBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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