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SBI Savings Fund Direct Growth

Debt
Money Market
Moderate Risk
5.36%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹35.79
Min. SIP amount₹500
Rating4
Fund size₹21,863.58Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%5.4%6.3%7.6%
Category average3.7%6.3%6.5%NA
Rank with in category954NA
Understand terms

Holdings (79)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills7.4%
HDFC Bank Ltd.
FinancialCD6.3%
Reserve Bank of India
FinancialT-Bills5.2%
Axis Bank Ltd.
FinancialCD4.0%
Reliance Retail Ventures Ltd.ServicesCP3.3%
Housing Development Finance Corpn. Ltd.FinancialCP3.1%
HDFC Bank Ltd.
FinancialCD2.2%
Motilal Oswal Finevest Ltd.FinancialCP2.1%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsCP2.1%
IDFC First Bank Ltd.
FinancialCD2.1%
See All

Pros and cons

Category: Debt Money Market

Pros

Cons

1Y annualised returns higher than category average by 0.1%
Higher AUM: 21863Cr. Funds with a higher AUM tend to have lower returns in the future
Lower expense ratio: 0.23%
3Y and 5Y annualised returns lower than category average
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Exit load of 0.10% if redeemed within 3 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

R 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

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
Amc Image
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,

Compare funds

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FAQs

How 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 3.75% 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 27 Jun 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 ₹21,863.58Cr as of 27 Jun 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 ₹35.79 as of 24 Jun 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).

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