Fund Details
SBI Banking and PSU Fund Dividend Weekly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.81% |
| NAV | ₹1121.00 (25 Jan 2021) |
|---|---|
| Fund Started | 09 Oct 2009 |
| Fund Size | ₹12,051 Cr |
Returns
Comparison
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
9. 1Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.1% |
| GOI | Sovereign | GOI Sec | 4.7% |
| Export-Import Bank Of India | Financial | CD | 4.0% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 3.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.3% |
| State Bank of India | Financial | NCD | 3.1% |
| Indian Bank | Financial | Debenture | 2.9% |
| GOI | Sovereign | GOI Sec | 2.8% |
| Air India Assets Holdings Ltd. | Diversified | Debenture | 2.8% |
| State Bank of India | Financial | NCD | 2.6% |
Fund Managers
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 ₹12,051 Cr and the Latest NAV as of 25 Jan 2021 is ₹1121.00.
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.
