SBI Banking and PSU Fund Direct Dividend Daily-0.43%

4Groww
10.55%
1 Year Return
Debt
Banking & PSU
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking and PSU Fund Direct Dividend Daily

RiskModerate
Min SIP Amount₹500
Expense Ratio0.34%
NAV1037.82 (06 Dec 2019)
Fund Started07 Jan 2013
Fund Size2,952 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Banking and PSU Fund Direct Dividend Daily
10.6%
8.3%
8.7%
9.0%
Category Average
10.4%
7.4%
8.1%
-
Rank within category
13
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 10.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
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    Hindustan Petroleum Corpn. Ltd.EnergyDebenture3.9%
    HDFC Bank Ltd.FinancialDebenture3.6%
    Power Finance Corpn. Ltd.FinancialNCD3.5%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture3.4%
    Debenture3.4%
    National Thermal Power Corp. Ltd.EnergyNCD3.2%
    Bank Of BarodaFinancialNCD3.0%
    See All

    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

    Other Details

    SBI Banking and PSU Fund Direct Dividend Daily 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 Banking and PSU Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹2,952 Cr and the Latest NAV as of 06 Dec 2019 is ₹1037.82.

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

    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
    28 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,
    Invest Now
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