SBI Corporate Bond Fund Direct Growth
About the Fund
SBI Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Rajeev Radhakrishnan, Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Corporate Bond Fund Direct Growth has ₹20380 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.
Returns
SBI Corporate Bond Fund Direct Growth has given a CAGR return of 7.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.37%, 5.72% and 6.78% respectively.
Holdings
SBI Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.32% Govt Stock 2030, Tata Communications Limited, 7.1% Govt Stock 2034, Small Industries Development Bank of India
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of SBI Corporate Bond Fund Direct Growth
The investment objective will be to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Corporate Bond Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹20380 Cr |
| Inception Date | 1 February, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 128.38% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 9.25% | 5.7% | |
7.32% Govt Stock 2030 | 3.99% | 0% | |
Tata Communications Limited | 3.19% | 0% | |
7.1% Govt Stock 2034 | 3.07% | 6.3% | |
Small Industries Development Bank of India | 2.85% | 0% |
Mutual Fund Insights
SBI Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹20380 Cr
Expense Ratio 0.34%
Frequently Asked Questions
SBI Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 4.13% | 4.13% |
1 Year Returns | 7.37% | 7.37% |
3 Years Returns | 18.17% | 5.72% |
5 Years Returns | 38.82% | 6.78% |
- 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.
AAA | 99.35 |
AA | 0.65 |