SBI Savings Fund Direct Growth - Latest NAV[35.26], MF Performance & Returns 2022

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SBI Savings Fund Direct Growth
Debt
Money Market
Moderate Risk
6.05%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Jan 2022₹35.26
Min. SIP amount₹500
Rating4
Fund size₹23,353.99Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%6.0%6.6%7.8%
Category average3.7%6.3%6.5%NA
Rank with in category755NA
Understand terms
Holdings (80)NameSectorInstrumentAssets
GOI
SovereignCGL7.8%
Bank Of Baroda
FinancialCD5.7%
Adani Ports and Special Economic Zone Ltd.
ServicesCP3.4%
Axis Bank Ltd.
FinancialCD3.2%
Reserve Bank of India
FinancialT-Bills3.0%
LIC Housing Finance Ltd.
FinancialCP2.7%
Mahindra & Mahindra Financial Services Ltd.
FinancialCP2.1%
National Bank For Agriculture & Rural Development
FinancialCP2.1%
Reserve Bank of India
FinancialT-Bills2.1%
Bharat Heavy Electricals Ltd.
EngineeringCP2.1%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Money Market
Pros
1Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Higher AUM: 23353Cr.
Funds with a higher AUM tend to have lower returns in the future
3Y annualised returns lower than category average by 0.21%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.23%
30 Nov 2021 - 31 Dec 2021
0.23%
31 Oct 2021 - 30 Nov 2021
0.23%
31 Aug 2021 - 31 Oct 2021
0.23%
31 Jul 2021 - 31 Aug 2021
0.22%
30 Jun 2021 - 31 Jul 2021
0.22%
31 May 2021 - 30 Jun 2021
0.22%
30 Apr 2021 - 31 May 2021
0.22%
31 Mar 2021 - 30 Apr 2021
0.23%
28 Feb 2021 - 31 Mar 2021
0.23%
31 Jan 2021 - 28 Feb 2021
0.23%
31 Dec 2020 - 31 Jan 2021
0.23%
30 Nov 2020 - 31 Dec 2020
0.23%
31 Oct 2020 - 30 Nov 2020
0.23%
30 Sep 2020 - 31 Oct 2020
0.22%
31 Aug 2020 - 30 Sep 2020
0.23%
31 Jul 2020 - 31 Aug 2020
0.23%
30 Jun 2020 - 31 Jul 2020
0.23%
31 May 2020 - 30 Jun 2020
0.22%
30 Apr 2020 - 31 May 2020
0.22%
31 Mar 2020 - 30 Apr 2020
0.23%
29 Feb 2020 - 31 Mar 2020
0.23%
31 Jan 2020 - 29 Feb 2020
0.23%
31 Dec 2019 - 31 Jan 2020
0.23%
30 Nov 2019 - 31 Dec 2019
0.23%
31 Oct 2019 - 30 Nov 2019
0.23%
30 Sep 2019 - 31 Oct 2019
0.23%
31 Aug 2019 - 30 Sep 2019
0.23%
31 Jul 2019 - 31 Aug 2019
0.23%
30 Jun 2019 - 31 Jul 2019
0.23%
31 May 2019 - 30 Jun 2019
0.23%
30 Apr 2019 - 31 May 2019
0.22%
31 Mar 2019 - 30 Apr 2019
0.31%
28 Feb 2019 - 31 Mar 2019
0.29%
31 Jan 2019 - 28 Feb 2019
0.30%
31 Dec 2018 - 31 Jan 2019
0.29%
30 Nov 2018 - 31 Dec 2018
0.21%
31 Oct 2018 - 30 Nov 2018
0.22%
30 Sep 2018 - 31 Oct 2018
0.22%
31 Aug 2018 - 30 Sep 2018
0.22%
31 Jul 2018 - 31 Aug 2018
0.23%
30 Jun 2018 - 31 Jul 2018
0.23%
31 May 2018 - 30 Jun 2018
0.54%
30 Apr 2018 - 31 May 2018
0.54%
31 Mar 2018 - 30 Apr 2018
0.54%
28 Feb 2018 - 31 Mar 2018
0.54%
31 Jan 2018 - 28 Feb 2018
0.54%
31 Dec 2017 - 31 Jan 2018
0.54%
30 Nov 2017 - 31 Dec 2017
0.54%
31 Oct 2017 - 30 Nov 2017
0.54%
Expense ratio, exit load and taxExpense ratio: 0.23%Inclusive of GST
Exit loadExit load of 0.10% if redeemed within 3 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementR Arun
Jan 2013 - Present
View details
Education
Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).
Experience
Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Also manages these schemes
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SBI Overnight Fund Regular IDCW Weekly
SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly
SBI Arbitrage Opportunities Fund Growth
SBI Arbitrage Opportunities Fund IDCW
SBI Magnum Ultra Short Duration Fund Regular IDCW Daily
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SBI Liquid Fund IDCW Weekly
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SBI Arbitrage Opportunities Fund Direct IDCW
SBI Arbitrage Opportunities Fund Direct Growth
SBI Magnum Ultra Short Duration Fund Direct IDCW Daily
SBI Liquid Fund Direct Plan IDCW Weekly
SBI Liquid Fund Direct Plan Growth
SBI Liquid Fund Direct Plan IDCW Fortnightly
SBI Liquid Fund Direct Plan IDCW Daily
SBI Savings Fund Direct IDCW Monthly
SBI Savings Fund Direct Growth
SBI Savings Fund Direct IDCW Daily
SBI Savings Fund Direct IDCW Weekly
SBI Magnum Ultra Short Duration Fund Direct Growth
SBI Magnum Ultra Short Duration Fund Direct IDCW Weekly
SBI Overnight Fund Direct IDCW Daily
SBI Overnight Fund Direct IDCW Weekly
SBI Overnight Fund Direct Growth
Fund house & investment objective
SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM₹4,99,821.43Cr
Date of Incorporation29 Jun 1987
 SBI Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun
 SBI Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. R Arun is the Current Fund Manager of SBI Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 20 Jan 2022 is ₹35.26.
The SBI Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 0.10% if redeemed within 3 days
...Read more
Investment Objective
The scheme seeks to provide the investors an opportunity to invest in money market instruments.
The scheme seeks to provide the investors an opportunity to invest in money market instruments.
Fund benchmarkNIFTY Money Market Index
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
SBI Savings Fund Direct Growth
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FAQsHow to Invest in SBI Savings Fund Direct Growth
You can easily invest in SBI Savings Fund Direct Growth 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 Direct Growth 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 Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does SBI Savings Fund Direct Growth provide?
The SBI Savings Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 3.96% since its inception.
How much expense ratio is charged by SBI Savings Fund Direct Growth?
The term Expense Ratio used for SBI Savings Fund Direct Growth 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 Direct Growth is 0.23% as of 21 Jan 2022...
What is the AUM of SBI Savings Fund Direct Growth?
The AUM, short for Assets Under Management of SBI Savings Fund Direct Growth is ₹23,353.99Cr as of 21 Jan 2022.
How to Redeem SBI Savings Fund Direct Growth?
If you want to sell your SBI Savings Fund Direct Growth 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 Direct Growth?
You can select either SIP  or Lumpsum  investment of SBI Savings Fund Direct Growth based on your investment objective and risk tolerance.
What is the NAV of SBI Savings Fund Direct Growth?
The NAV of SBI Savings Fund Direct Growth is ₹35.26 as of 20 Jan 2022.
What is the PE and PB ratio of SBI Savings Fund Direct Growth?
The PE ratio ratio of SBI Savings Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	4.0%	6.0%	6.6%	7.8%
Category average	3.7%	6.3%	6.5%	NA
Rank with in category	7	5	5	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	CGL	7.8%
Bank Of Baroda	Financial	CD	5.7%
Adani Ports and Special Economic Zone Ltd.	Services	CP	3.4%
Axis Bank Ltd.	Financial	CD	3.2%
Reserve Bank of India	Financial	T-Bills	3.0%
LIC Housing Finance Ltd.	Financial	CP	2.7%
Mahindra & Mahindra Financial Services Ltd.	Financial	CP	2.1%
National Bank For Agriculture & Rural Development	Financial	CP	2.1%
Reserve Bank of India	Financial	T-Bills	2.1%
Bharat Heavy Electricals Ltd.	Engineering	CP	2.1%

Rank (total assets)	#1 in India
Total AUM	₹4,99,821.43Cr

Date of Incorporation	29 Jun 1987

Fund benchmark	NIFTY Money Market Index

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹23,353.99Cr