| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.34% |
| NAV | ₹17.35 (23 Oct 2020) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹16,743 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 11.4% |
| GOI | Sovereign | GOI Sec | 8.6% |
| GOI | Sovereign | GOI Sec | 8.1% |
| Reserve Bank of India | Financial | T-Bills | 7.4% |
| Gujarat State | Others | SDL | 3.3% |
| Air India Assets Holdings Ltd. | Diversified | Debenture | 2.0% |
| Muthoot Finance Ltd. | Financial | Debenture | 1.8% |
| Bharat Petroleum Corpn. Ltd. | Energy | NCD | 1.8% |
| GOI | Sovereign | GOI Sec | 1.7% |
| State Bank of India | Financial | Bonds/Deb | 1.6% |
SBI Short Term Debt Fund Direct Dividend fortnightly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Short Term Debt Fund Direct Dividend fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹16,743 Cr and the Latest NAV as of 23 Oct 2020 is ₹17.35.
The SBI Short Term Debt Fund Direct Dividend fortnightly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.