Home>Mutual Funds>SBI Mutual Fund>SBI Savings Fund Direct Growth
shareSHARE

SBI Savings Fund Direct Growth+0.01%

4.17%
1 Year Return
Debt
Money Market
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Savings Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.22%
NAV₹34.62 (23 Jul 2021)
Fund Started01 Jan 2013
Fund Size22,381 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.2%
6.8%
7.1%
8.2%
Category Average
3.7%
6.3%
6.5%
-
Rank Within Category
3
3
2
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.2% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.22%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL9.3%
GOISovereignCGL8.7%
National Bank For Agriculture & Rural DevelopmentFinancialCP5.6%
Reserve Bank of IndiaFinancialT-Bills3.3%
Axis Bank Ltd.FinancialCD3.3%
Reserve Bank of IndiaFinancialT-Bills3.1%
Indusind Bank Ltd.FinancialCD2.9%
Axis Bank Ltd.FinancialCD2.8%
Reserve Bank of IndiaFinancialT-Bills2.8%
RBL Bank Ltd.FinancialCD2.6%
See All

Fund Managers

R Arun
keyboard_arrow_down

SBI Savings Fund Direct Growth Details

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 ₹22,381 Cr and the Latest NAV as of 23 Jul 2021 is ₹34.62.

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

Investment Objective

The scheme seeks to provide the investors an opportunity to invest in money market instruments.

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

Compare Funds

SBI Savings Fund Direct Growth
VS
search

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
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,
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India