|Min SIP Amount||₹500|
|NAV||₹31.80 (03 Aug 2020)|
|Fund Started||19 Jul 2004|
|Fund Size||₹15,422 Cr|
|Bank Of Baroda||Financial||CD||4.9%|
|Indusind Bank Ltd.||Financial||CD||4.7%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.8%|
|Export-Import Bank Of India||Financial||CD||3.3%|
|Axis Bank Ltd.||Financial||CD||3.2%|
|Motilal Oswal Financial Services Ltd||Financial||CP||2.6%|
|Larsen & Toubro Ltd.||Construction||CP||2.5%|
|LIC Housing Finance Ltd.||Financial||CP||2.5%|
|Housing & Urban Development Corpn. Ltd.||Financial||CP||2.5%|
SBI Savings Fund Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 19 Jul 2004. R Arun is the Current Fund Manager of SBI Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15,422 Cr and the Latest NAV as of 03 Aug 2020 is ₹31.80.
The SBI Savings Fund 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.