SBI Short Term Debt Fund Direct Growth
Debt
Direct
Short Duration
NAV: ₹ 30.75 as on 23-04-2024
Fund Performance
204 people have invested ₹ 46.3L in SBI Short Term Debt Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.91% return, outperforming this fund by 1% per annum.
Over the last 6 months, this fund has experienced a 6.1% drop in AUM moving from 13.68K Cr to 12.84K Cr.
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 2.09% per annum.
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.7%.
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.02% return, outperforming this fund by 0.89%.
Over the last 6 months, this fund has increased expense ratio by 2.9% moving from 0.34 to 0.35.
About the SBI Short Term Debt Fund Direct Growth
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.
Key Parameters
- SBI Short Term Debt Fund Direct Growth has ₹12847 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
SBI Short Term Debt Fund Direct Growth Overview
 | 0.35% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹12847 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 172.54% |
SBI Short Term Debt Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
87.9%
AA
12.1%
Sector Allocation
Corporate
61.5%
Government
35.9%
Cash Equivalent
2.6%
Top Holdings of SBI Short Term Debt Fund Direct Growth as on (31-Mar-24)
Debt Holdings75
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 9.69% | 2% | |
L&T Metro Rail (Hyderabad) Limited | 4.59% | 0% | |
7.32% Govt Stock 2030 | 3.92% | 0% | |
Power Finance Corporation Ltd. | 3.51% | 0% | |
Tata Communications Limited | 3.11% | 6.7% |
See all
SBI Short Term Debt Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 12.8K Cr as of Mar'24
- AUM increased by 41.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Short Term Debt Fund Direct Growth Fund Manager
Mohit Jain
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 30 November 2017
Top funds managed
Rajeev Radhakrishnan
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 2 July 2008
Top funds managed
SBI Short Term Debt Fund Direct 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 7.76% since inception which is more than its category average return of 5.62%
AUM size ₹12847 Cr
This fund has AUM of ₹12847 Cr which is more than its category average of ₹ 3586 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.68%
Frequently Asked Questions
The current NAV of SBI Short Term Debt Fund Direct Growth is ₹30.75 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
SBI Short Term Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.12% | 7.12% |
3 Years Returns | 17.59% | 5.55% |
5 Years Returns | 39.68% | 6.91% |
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.
0.35% as on March 2024
₹12847 Cr as on March 2024
7.18% Govt Stock 2033(9.69%), L&T Metro Rail (Hyderabad) Limited(4.59%), 7.32% Govt Stock 2030(3.92%), Power Finance Corporation Ltd.(3.51%), Tata Communications Limited(3.11%) as on March 2024
Corporate(61.48%), Government(35.92%), Cash Equivalent(2.6%) as on March 2024
Yield to Maturity is 7.78 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 2.78 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 87.91 |
AA | 12.09 |
Mohit Jain, Rajeev Radhakrishnan are the fund managers of SBI Short Term Debt Fund Direct Growth
The Exit load of SBI Short Term Debt Fund Direct Growth is 0%