SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth

Debt

Direct

Fixed Maturity Intermediate-Term Bond

NAV as on 08-11-2024

₹ 12.26

Inception Returns

5.8%

/yr

About SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth is a debt fund. This fund was started on 25 March, 2021. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth has ₹885 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth has given a CAGR return of 5.79% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.60% and 5.60% respectively.

Holdings

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Corporate. Its top holdings are 06.69 MP Sdl 2025, 06.64 BR Sdl 2025, 08.08 HR Sdl 2025, Goi 12.03.2025 Gov, Power Finance Corporation Limited

Taxation

As it is a fixed maturity intermediate-term 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 Fixed Maturity Series 41 1498 Days Fund Direct Growth

The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth Overview

Expense ratio0.14%
Benchmark
CRISIL Medium Term Debt TR INR
AUM₹885 Cr
Inception Date25 March, 2021
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
4.38%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (08-Nov-24)

Period
SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth
Fixed Maturity Short-Term Bond Index
1M
0.6%
-
3M
1.7%
-
6M
3.7%
-
1Y
7.6%
-
3Y
5.6%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Government
84.7%
Cash Equivalent
9.1%
Corporate
6.2%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 882.2 Cr
₹ 876.8 Cr
₹ 871.8 Cr
  • AUM of the fund stands at 882.2 Cr as of Sep'24
  • AUM increased by 5.4 Cr between Sep'24 and Aug'24
Cash allocation has gone up from 2.3% to 9.1%
Cash allocation has gone up from 2.3% to 9.1%
Debt allocation has gone down from 97.7% to 90.9%
Debt allocation has gone down from 97.7% to 90.9%

Top 2 Sectors in September were Government, Corporate

Sep'24
Government
85%
Corporate
6%
Aug'24
Government
91%
Corporate
6%
  • Debt & Cash

Holdings
Weight%
1M Change
06.69 MP Sdl 2025
06.69 MP Sdl 2025
46.93%
0%
06.64 BR Sdl 2025
06.64 BR Sdl 2025
14.13%
0%
08.08 HR Sdl 2025
08.08 HR Sdl 2025
11.35%
0%
Goi 12.03.2025 Gov
Goi 12.03.2025 Gov
3.41%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
3.4%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth
SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth
7.6%
5.6%
-
5.79%
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Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.59L Cr
as on 30-Sep-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.79% since inception which is more than its category average return of 4.54%
AUM size ₹885 Cr

AUM size ₹885 Cr

This fund has AUM of ₹885 Cr which is more than its category average of ₹ 116 Cr
Expense Ratio 0.14%

Expense Ratio 0.14%

This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.17%

Frequently Asked Questions for SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth

The current NAV of SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth is ₹12.26 as on 08-Nov-2024.
Existing (Absolute + CAGR) as on 08-Nov-2024.
SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.68%
3.68%
1 Year Returns
7.6%
7.6%
3 Years Returns
17.75%
5.6%
5 Years Returns
0%
0%
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.
0.14% as on October 2024
₹885 Cr as on October 2024
06.69 MP Sdl 2025(46.93%), 06.64 BR Sdl 2025(14.13%), 08.08 HR Sdl 2025(11.35%), Goi 12.03.2025 Gov(3.41%), Power Finance Corporation Limited(3.4%) as on October 2024
Government(84.49%), Cash Equivalent(9.28%), Corporate(6.23%) as on October 2024
AAA
100
The Exit load of SBI Fixed Maturity Series 41 1498 Days Fund Direct Growth is 0%