SBI Short Term Debt Fund Direct Dividend fortnightly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 07 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Short Term Debt Fund Direct Dividend fortnightly.The fund currently has an Asset Under Management(AUM) of ₹9,625 Cr and the Latest NAV as of 23 Jan 2020 is ₹16.01.
The SBI Short Term Debt Fund Direct Dividend fortnightly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To provide investors with an opportunity to generate regular income through investments in a portfolio comprising of debt instruments which are rated not below investment grade by credit rating agency and 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)
₹5000
Min for First Investment
₹1000
Min for Second Investment