SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap

Debt
Direct
Money Market
SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap

About the Fund

SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap is a debt fund. This fund was started on 4 March, 2011. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap has ₹28371 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.

Returns

SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap has given a CAGR return of 0.00% since inception.

Holdings

SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Kotak Mahindra Bank Ltd., Indian Bank, HDFC Bank Limited, Punjab National Bank, Bank Of India

Taxation

As it is a money market 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 Savings Fund Direct Monthly Transfer of Income Distribution cum cap

To provide the investors an opportunity to invest in money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap has no lock in period.

Fund Performance

Fund Overview

Expense ratio--
Benchmark
CRISIL Money Market A-I TR INR
AUM₹28371 Cr
Inception Date4 March, 2011
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
240.72%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Kotak Mahindra Bank Ltd.
Kotak Mahindra Bank Ltd.
4.46%
0%
Indian Bank
Indian Bank
3.79%
0%
HDFC Bank Limited
HDFC Bank Limited
3.7%
0%
Punjab National Bank
Punjab National Bank
3.57%
0%
Bank Of India
Bank Of India
3.22%
0%

SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
AUM size ₹28371 Cr

AUM size ₹28371 Cr

This fund has AUM of ₹28371 Cr which is more than its category average of ₹ 8135 Cr

Frequently Asked Questions

Existing (Absolute + CAGR) as on 01-Jan-0001.
SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
₹28371 Cr as on June 2024
Kotak Mahindra Bank Ltd.(4.46%), Indian Bank(3.79%), HDFC Bank Limited(3.7%), Punjab National Bank(3.57%), Bank Of India(3.22%) as on June 2024
Corporate(55.59%), Cash Equivalent(33.23%), Government(11.18%) as on June 2024
Yield to Maturity is 7.62 as on June 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 0.6 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of SBI Savings Fund Direct Monthly Transfer of Income Distribution cum cap is 0%