Fund Details
SBI Banking and PSU Fund IDCW Weekly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.81% |
| NAV | ₹1127.83 (12 May 2021) |
|---|---|
| Fund Started | 09 Oct 2009 |
| Fund Size | ₹14,391 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. 1Y Returns are lower than the category average returns
Fund Managers
SBI Banking and PSU Fund IDCW Weekly Details
SBI Banking and PSU Fund IDCW Weekly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 09 Oct 2009. Rajiv Radhakrishnan is the Current Fund Manager of SBI Banking and PSU Fund 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 ₹1127.83.
The SBI Banking and PSU Fund 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.
