| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.22% |
| NAV | ₹33.14 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹13,222 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indusind Bank Ltd. | Financial | CD | 5.4% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.4% |
| Axis Bank Ltd. | Financial | CD | 3.7% |
| Motilal Oswal Financial Services Ltd | Financial | CP | 3.0% |
| Larsen & Toubro Ltd. | Construction | CP | 2.9% |
| Axis Bank Ltd. | Financial | CD | 2.8% |
| Bank Of Baroda | Financial | CD | 2.8% |
| Tata Motors Ltd. | Automobile | CP | 2.6% |
| Union Bank of India | Financial | CD | 2.4% |
| Nabha Power Ltd. | Engineering | CP | 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 ₹13,222 Cr and the Latest NAV as of 06 Jul 2020 is ₹33.14.
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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.