SBI Savings Fund Direct Dividend Monthly+0.02%

3Groww
8.56%
1 Year Return
Debt
Money Market
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Savings Fund Direct Dividend Monthly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.23%
NAV12.75 (13 Dec 2019)
Fund Started03 Jan 2013
Fund Size11,249 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Savings Fund Direct Dividend Monthly
8.6%
7.7%
8.3%
8.6%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
4
3
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 8.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialCD6.0%
    Small Industries Devp. Bank of India Ltd.FinancialCD5.2%
    Power Finance Corpn. Ltd.FinancialCP4.7%
    Bank Of BarodaFinancialCD4.7%
    Tata Power Co. Ltd.EnergyCP3.8%
    L&T Finance Holdings Ltd.FinancialCP2.9%
    ICICI Bank Ltd.FinancialCD2.8%
    Housing Development Finance Corpn. Ltd.FinancialCP2.8%
    Cholamandalam Investment & Finance Co. Ltd.FinancialCP2.4%
    JSW Steel Ltd.MetalsCP2.4%
    See All

    Other Details

    SBI Savings Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 03 Jan 2013. R Arun is the Current Fund Manager of SBI Savings Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹11,249 Cr and the Latest NAV as of 13 Dec 2019 is ₹12.75.

    The SBI Savings Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 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
    28 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,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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