SBI Floating Rate Debt Fund Direct Growth
NAV as on 29-04-2025
₹ 13.28
Inception Returns
6.5%
/yr
Historical NAV & Returns
About SBI Floating Rate Debt Fund Direct Growth
SBI Floating Rate Debt Fund Direct Growth is a debt fund. This fund was started on 27 October, 2020. The fund is managed by Ardhendu Bhattacharya, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Floating Rate Debt Fund Direct Growth has ₹1226 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
SBI Floating Rate Debt Fund Direct Growth has given a CAGR return of 6.49% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.86% and 7.54% respectively.
Holdings
SBI Floating Rate Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.59% Govt Stock 2031, 6.79% Govt Stock 2034, Pipeline Infrastructure Pvt Ltd., 7.53% Govt Stock 2034, National Bank For Agriculture And Rural Development
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of SBI Floating Rate Debt Fund Direct Growth
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Floating Rate Debt Fund Direct Growth has no lock in period.
SBI Floating Rate Debt Fund Direct Growth Overview
| Expense ratio | 0.26% |
Benchmark | Nifty Short Duration Debt TR INR |
| AUM | ₹1226 Cr |
| Inception Date | 27 October, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 489.25% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.2K Cr as of Mar'25
- AUM decreased by 15.3 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.59% Govt Stock 2031 | 44.37% | 0% | |
6.79% Govt Stock 2034 | 6.6% | 45.5% | |
Pipeline Infrastructure Pvt Ltd. | 6.35% | 0% | |
7.53% Govt Stock 2034 | 4.09% | 0% | |
National Bank For Agriculture And Rural Development | 4.08% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Floating Rate Debt Fund Direct Growth | 8.86% | 7.54% | - | 6.49% |
 DSP Floater Fund Direct Growth | 10.64% | 8.19% | - | 7.16% |
 Franklin India Floating Rate Direct Growth | 10.32% | 8.32% | 6.98% | 7.18% |
 Nippon India Floating Rate Fund Direct Plan Growth Plan | 9.69% | 7.61% | 7.18% | 8.05% |
SBI Floating Rate Debt Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹1226 Cr
Expense Ratio 0.26%
More funds from SBI
1Y CAGR
▲ 13.18
1Y CAGR
▲ 13.03
5Y CAGR
▲ 6.57
5Y CAGR
▲ 7.41
5Y CAGR
▲ 7.16
Frequently Asked Questions for SBI Floating Rate Debt Fund Direct Growth
SBI Floating Rate Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.04% | 1.04% |
6 Month Returns | 4.29% | 4.29% |
1 Year Returns | 8.86% | 8.86% |
3 Years Returns | 24.37% | 7.54% |
- 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 | 100 |