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SBI Banking and PSU Fund Dividend Daily+0.03%

9.31%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking and PSU Fund Dividend Daily

RiskModerate
Min SIP Amount₹500
Expense Ratio0.81%
NAV₹1121.21 (25 Jan 2021)
Fund Started09 Oct 2009
Fund Size12,051 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.3%
9.0%
8.3%
8.7%
Category Average
8.9%
8.6%
8.3%
-
Rank Within Category
9
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 9.3% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Age is more than 10 years
7. Risk-adjusted returns are higher compared to the category
8. 3Y Returns are higher than the category average returns
9. 1Y Returns are higher than the category average returns
Cons
1. Risk is higher compared to the benchmark

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec6.1%
GOISovereignGOI Sec4.7%
Export-Import Bank Of IndiaFinancialCD4.0%
Axis Bank Ltd.FinancialBonds/Deb3.7%
National Bank For Agriculture & Rural DevelopmentFinancialCP3.3%
State Bank of IndiaFinancialNCD3.1%
Indian BankFinancialDebenture2.9%
GOISovereignGOI Sec2.8%
Air India Assets Holdings Ltd.DiversifiedDebenture2.8%
State Bank of IndiaFinancialNCD2.6%
See All

Fund Managers

Rajeev Radhakrishnan
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Mohit Jain
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SBI Banking and PSU Fund Dividend Daily Details

SBI Banking and PSU Fund Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 09 Oct 2009. Rajiv Radhakrishnan is the Current Fund Manager of SBI Banking and PSU Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹12,051 Cr and the Latest NAV as of 25 Jan 2021 is ₹1121.21.

The SBI Banking and PSU Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

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
Nil
Exit Load

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About SBI Mutual Fund

Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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