SBI Savings Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 40.67 as on 26-04-2024
Fund Performance
374 people have invested ₹ 2.8Cr in SBI Savings Fund Direct Plan Growth in the last three months
Mutual Fund Insights
This fund with AUM at ₹21272.92Cr is among the largest funds in the money market category.
Over the last 1 month, this fund has increased expense ratio by 8.7% moving from 0.23 to 0.25.
Over the last 3 months, this fund has experienced a 13.2% growth in AUM moving from 18.78K Cr to 21.27K Cr.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.06% return, outperforming this fund by 0.21% per annum.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.81% return, outperforming this fund by 0.23%.
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.29% return, outperforming this fund by 0.14% per annum.
This fund expense ratio is slightly on the lower side within the category (money market). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.33%.
About the SBI Savings Fund Direct Plan Growth
SBI Savings Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by R. Arun, Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Savings Fund Direct Plan Growth has ₹21273 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.
SBI Savings Fund Direct Plan Growth Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹21273 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 240.72% |
SBI Savings Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
50.8%
Cash Equivalent
33.7%
Government
15.5%
Top Holdings of SBI Savings Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings72
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 4.41% | 100% | |
LIC Housing Finance Limited | 4.16% | 0% | |
Punjab National Bank | 4.15% | 0% | |
07.38% MP Sdl 2025 | 3.7% | 0% | |
Axis Bank Limited | 3.48% | -16.2% |
See all
SBI Savings Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 18.2K Cr as of Mar'24
- AUM decreased by 1.1K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Savings Fund Direct Plan Growth Fund Manager
R. Arun
Fund Manager of SBI Savings Fund Direct Plan Growth, since 30 April 2012
Top funds managed
Mohit Jain
Fund Manager of SBI Savings Fund Direct Plan Growth, since 30 November 2017
Top funds managed
SBI Savings Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.54% since inception which is more than its category average return of 4.95%
AUM size ₹21273 Cr
This fund has AUM of ₹21273 Cr which is more than its category average of ₹ 6433 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of SBI Savings Fund Direct Plan Growth is ₹40.67 as on 26-Apr-2024.
Existing (Absolute + CAGR) as on 26-Apr-2024.
SBI Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 7.59% | 7.59% |
3 Years Returns | 18.61% | 5.85% |
5 Years Returns | 34.76% | 6.15% |
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.
0.25% as on March 2024
₹21273 Cr as on March 2024
HDFC Bank Limited(4.41%), LIC Housing Finance Limited(4.16%), Punjab National Bank(4.15%), 07.38% MP Sdl 2025(3.7%), Axis Bank Limited(3.48%) as on March 2024
Corporate(50.78%), Cash Equivalent(33.71%), Government(15.52%) as on March 2024
Yield to Maturity is 7.74 as on March 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 0.47 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
R. Arun, Mohit Jain are the fund managers of SBI Savings Fund Direct Plan Growth
The Exit load of SBI Savings Fund Direct Plan Growth is 0%