SBI Banking and PSU Fund Direct Dividend Daily+0.19%

2
12.19%
1 Year Return
Debt
Banking & PSU
2.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking and PSU Fund Direct Dividend Daily

RiskModerate
Min SIP Amount₹500
Expense Ratio0.34%
NAV1094.25 (08 Jul 2020)
Fund Started07 Jan 2013
Fund Size6,230 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Banking and PSU Fund Direct Dividend Daily
12.2%
9.6%
9.2%
9.4%
Category Average
10.3%
8.0%
8.3%
-
Rank within category
6
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 12.2% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.34%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. Exit load is zero
    Cons
    Found nothing so far.

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    Power Grid Corporation of India Ltd.EnergyDebenture2.5%
    ONGC Petro Additions Ltd.EnergyDebenture2.4%
    GOISovereignCGL2.1%
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    Fund Managers

    addRajeev Radhakrishnan
    Education
    Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
    Experience
    Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
    Funds Managed

    SBI Banking and PSU Fund Direct Dividend Daily Details

    SBI Banking and PSU Fund Direct Dividend Daily 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 Banking and PSU Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹6,230 Cr and the Latest NAV as of 08 Jul 2020 is ₹1094.25.

    The SBI Banking and PSU Fund Direct 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 of money market instruments and short term debt securities with a residual maturity of up to three years. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

    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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