SBI Savings Fund Direct Growth+0.06%

3Groww
8.79%
1 Year Return
Debt
Money Market
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Savings Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.23%
NAV31.1 (19 Aug 2019)
Fund Started01 Jan 2013
Fund Size9,053 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Savings Fund Direct Growth
8.8%
7.9%
8.4%
8.7%
Category Average
7.6%
7.1%
7.7%
-
Rank within category
3
3
2
-
*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
    30
    with 8.8% 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
    Small Industries Devp. Bank of India Ltd.FinancialCD5.8%
    Andhra BankFinancialCD5.6%
    Power Finance Corpn. Ltd.FinancialCP5.3%
    Bank Of BarodaFinancialCD5.2%
    REC Ltd.FinancialCP4.3%
    ICICI Bank Ltd.FinancialCD3.2%
    Cholamandalam Investment & Finance Co. Ltd.FinancialCP3.2%
    Housing Development Finance Corpn. Ltd.FinancialCP3.1%
    National Bank For Agriculture & Rural DevelopmentFinancialCD2.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCP2.4%
    See All

    Other Details

    SBI Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. R Arun is the Current Fund Manager of SBI Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,053 Cr and the Latest NAV as of 19 Aug 2019 is ₹31.1.

    The SBI Savings Fund Direct Growth 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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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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