SBI Banking and PSU Fund Dividend Weekly+0.10%

10.53%
1 Year Return
Debt
Banking & PSU
2.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking and PSU Fund Dividend Weekly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.81%
NAV1108.54 (23 Oct 2020)
Fund Started09 Oct 2009
Fund Size8,953 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Banking and PSU Fund Dividend Weekly
10.5%
9.0%
8.4%
8.4%
Category Average
10.1%
8.5%
8.4%
-
Rank within category
8
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 10.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    6. Age is more than 10 years
    7. Risk-adjusted returns are higher compared to the category
    8. 3Y Returns are higher than the category average returns
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec8.0%
    GOISovereignGOI Sec6.2%
    Indian BankFinancialDebenture3.8%
    Air India Assets Holdings Ltd.DiversifiedDebenture3.8%
    GOISovereignGOI Sec3.6%
    State Bank of IndiaFinancialNCD3.4%
    GOISovereignGOI Sec3.0%
    Axis Bank Ltd.FinancialBonds/Deb2.9%
    Odisha StateFinancialSDL2.3%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD2.3%
    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

    SBI Banking and PSU Fund Dividend Weekly Details

    SBI Banking and PSU Fund Dividend 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹8,953 Cr and the Latest NAV as of 23 Oct 2020 is ₹1108.54.

    The SBI Banking and PSU Fund Dividend 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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