|Min SIP Amount||₹500|
|NAV||₹33.49 (28 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹21,086 Cr|
|Reserve Bank of India||Financial||T-Bills||4.4%|
|Bank Of Baroda||Financial||CD||3.6%|
|Steel Authority Of India Ltd.||Metals||CP||3.5%|
|Indusind Bank Ltd.||Financial||CD||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.8%|
|Export-Import Bank Of India||Financial||CD||2.4%|
|Bank Of Baroda||Financial||CD||2.4%|
|Axis Bank Ltd.||Financial||CD||2.3%|
SBI Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. R Arun is the Current Fund Manager of SBI Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹21,086 Cr and the Latest NAV as of 28 Sep 2020 is ₹33.49.
The SBI Savings Fund Direct Growth 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
The scheme seeks to provide the investors an opportunity to invest in money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.