SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Banking & Psu
NAV: ₹ 1316.52 as on 24-04-2024
Fund Performance
About the SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan, Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has ₹4288 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹4288 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 177.74% |
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
88.4%
AA
11.6%
Sector Allocation
Government
58.3%
Corporate
38.5%
Cash Equivalent
3.2%
Top Holdings of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Debt Holdings47
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nuclear Power Corporation Of India Limited | 4.78% | 0% | |
Power Finance Corporation Ltd. | 3.92% | 0% | |
Power Finance Corporation Ltd. | 3.5% | 0% | |
State Bank of India | 3.49% | 0% | |
Rural Electrification Corporation Limited | 3.49% | 0% |
See all
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.3K Cr as of Mar'24
- AUM increased by 58.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Rajeev Radhakrishnan
Fund Manager of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 16 November 2013
Top funds managed
Mohit Jain
Fund Manager of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 22 January 2020
Top funds managed
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.33% since inception which is more than its category average return of 5.45%
AUM size ₹4288 Cr
This fund has AUM of ₹4288 Cr which is more than its category average of ₹ 3691 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is ₹1316.52 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.4% | 0.4% |
6 Month Returns | 3.76% | 3.76% |
1 Year Returns | 6.94% | 6.94% |
3 Years Returns | 16.49% | 5.22% |
5 Years Returns | 35.97% | 6.34% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.34% as on March 2024
₹4288 Cr as on March 2024
Nuclear Power Corporation Of India Limited(4.78%), Power Finance Corporation Ltd.(3.92%), Power Finance Corporation Ltd.(3.5%), Rural Electrification Corporation Limited(3.49%), State Bank of India(3.49%) as on March 2024
Government(58.34%), Corporate(38.49%), Cash Equivalent(3.17%) as on March 2024
Yield to Maturity is 7.64 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.48 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 88.4 |
AA | 11.6 |
Rajeev Radhakrishnan, Mohit Jain are the fund managers of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Banking and PSU Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is 0%