SBI Savings Fund Direct Growth
Get the latest NAV of SBI Savings Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹44.44
NAV as on 13 Jun 2025
7.6%/per year
Since Inception
▲▼
445 people have invested ₹ 1.8Cr in SBI Savings Fund Direct Growth in the last three months
Fund Performance
as on (13-Jun-25)
Peer comparison
SBI Savings Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Savings Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Debt & Cash 99.7%
SBI Savings Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Debt & Cash 99.7%
Top 2 Sectors in May were Corporate, Government
Corporate
40%
Government
25%
Corporate
39%
Government
27%
SBI Savings Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.25% |
Benchmark | CRISIL Money Market TR INR |
| AUM | ₹30118 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 216.04% |
| 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 |   Moderate Risk |
About SBI Savings Fund
SBI Savings Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Savings Fund Direct Growth has ₹30118 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 Savings Fund Direct Growth has given a CAGR return of 7.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.26%, 7.54% and 6.17% respectively.
Holdings
SBI Savings Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 5.63% Govt Stock 2026, HDFC Bank Ltd., Punjab National Bank, Jsw Infrastructure Ltd, LIC Housing Finance Limited**
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: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 Savings Fund Direct Growth
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 500.00 and for SIP is INR 500.00. SBI Savings Fund Direct Growth has no lock in period.
Fund Manager
Rajeev Radhakrishnan
Fund Manager of SBI Savings Fund Direct Growth, since 1 December 2023
- AUM of the fund stands at 30.1K Cr as of May'25
- AUM increased by 2.9K Cr between May'25 and Apr'25
More funds from SBI
5Y CAGR
▲ 6.18
1Y CAGR
▲ 10.50
5Y CAGR
▲ 6.58
5Y CAGR
▲ 6.54
Frequently Asked Questions for SBI Savings Fund Direct Growth
How do I invest in SBI Savings Fund?
- Download the INDmoney app.
- Search for ‘SBI Savings Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.