SBI Short Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
SBI Short Term Debt Fund Direct Growth has given a CAGR return of 7.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.42%, 5.84% and 6.67% respectively.
SBI Short Term Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, L&T Metro Rail (Hyderabad) Limited, 7.23% Govt Stock 2039, 7.32% Govt Stock 2030, Power Finance Corporation Ltd.
As it is a short duration 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.
To provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Short Term Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹13044 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 172.54% |
Risk | Low to Moderate Risk |
SBI Short Term Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.42% | 7.42% |
3 Years Returns | 18.57% | 5.84% |
5 Years Returns | 38.14% | 6.67% |
AAA | 89.18 |
AA | 10.82 |