Fund Details
SBI Short Term Debt Fund Direct IDCW Fortnightly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.34% |
| NAV | ₹17.76 (17 Jun 2021) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹24,127 Cr |
Returns
Comparison
1. Lower expense ratio - 0.34%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.5% |
| GOI | Sovereign | GOI Sec | 5.4% |
| GOI | Sovereign | GOI Sec | 4.6% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| GOI | Sovereign | GOI Sec | 3.4% |
| GOI | Sovereign | GOI Sec | 3.0% |
| GOI | Sovereign | GOI FRB | 2.9% |
| GOI | Sovereign | CGL | 2.9% |
| LIC Housing Finance Ltd. | Financial | CP | 2.9% |
| GOI | Sovereign | GOI Sec | 2.7% |
Fund Managers
SBI Short Term Debt Fund Direct IDCW Fortnightly Details
SBI Short Term Debt Fund Direct IDCW 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 IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹24,127 Cr and the Latest NAV as of 17 Jun 2021 is ₹17.76.
The SBI Short Term Debt Fund Direct IDCW Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
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.
