| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.34% |
| NAV | ₹1094.25 (08 Jul 2020) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹6,230 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.5% |
| Air India Assets Holdings Ltd. | Diversified | Debenture | 5.4% |
| Indian Bank | Financial | Debenture | 4.6% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 4.1% |
| State Bank of India | Financial | NCD | 2.7% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 2.5% |
| ONGC Petro Additions Ltd. | Energy | Debenture | 2.4% |
| GOI | Sovereign | CGL | 2.1% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 1.9% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Bonds | 1.9% |
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.