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SBI Banking and PSU Fund Direct IDCW Weekly-0.03%

7.47%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking and PSU Fund Direct IDCW Weekly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.34%
NAV₹1133.00 (12 May 2021)
Fund Started07 Jan 2013
Fund Size14,391 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.5%
9.0%
8.4%
8.9%
Category Average
8.0%
8.3%
7.9%
-
Rank Within Category
13
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.34%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns

Fund Managers

Rajeev Radhakrishnan
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Mohit Jain
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SBI Banking and PSU Fund Direct IDCW Weekly Details

SBI Banking and PSU Fund Direct IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹14,391 Cr and the Latest NAV as of 12 May 2021 is ₹1133.00.

The SBI Banking and PSU Fund Direct IDCW Weekly is rated Moderate risk. Minimum SIP Investment is set to 500.

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)

Not Supported
Min for First Investment
Not Supported
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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