SBI Savings Fund Direct Plan Weekly Payout of Income Distribution cum cap

SBI Savings Fund Direct Plan Weekly Payout of Income Distribution cum cap is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan. This fund gives you the benefit of diversification.

1. SBI Savings Fund Direct Plan Weekly Payout of Income Distribution cum cap has ₹36566 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

SBI Savings Fund Direct Plan Weekly Payout of Income Distribution cum cap has given a CAGR return of 6.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.74%, 7.84% and 6.32% respectively.

SBI Savings Fund Direct Plan Weekly Payout of Income Distribution cum cap has allocated its funds majorly in Cash Equivalent, Corporate, Government.

As it is a money market mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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

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