|Min SIP Amount||Not Supported|
|NAV||₹1186.44 (23 Oct 2020)|
|Fund Started||08 Aug 2014|
|Fund Size||₹8,953 Cr|
|Air India Assets Holdings Ltd.||Diversified||Debenture||3.8%|
|State Bank of India||Financial||NCD||3.4%|
|Axis Bank Ltd.||Financial||Bonds/Deb||2.9%|
|National Bank For Agriculture & Rural Development||Financial||NCD||2.3%|
SBI Banking and PSU Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 08 Aug 2014. Rajiv Radhakrishnan is the Current Fund Manager of SBI Banking and PSU Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8,953 Cr and the Latest NAV as of 23 Oct 2020 is ₹1186.44.
The SBI Banking and PSU Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.