SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap

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Debt
Direct
Short Duration
NAV: ₹ 20.97 as on 13-06-2024

About the Fund

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan, Mohit Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap has ₹12785 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap has given a CAGR return of 7.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.17%, 5.63% and 6.80% respectively.

Holdings

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap 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, 7.32% Govt Stock 2030, Power Finance Corporation Ltd., Tata Communications Limited

Taxation

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.

Investment objective of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap

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 and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 2K in SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap in the last three months

Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹12785 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
172.54%

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap Distribution as on (31-Dec-69)

  • Debt & Cash 98.2%

Credit rating breakup

AAA
87.7%
AA
12.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
59.3%
Government
29.8%
Cash Equivalent
10.9%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 12.8K Cr
₹ 12.8K Cr
₹ 12.8K Cr
  • AUM of the fund stands at 12.8K Cr as of Apr'24
  • AUM decreased by 14.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap as on (31-May-24)

  • Debt & Cash

Debt Holdings75
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
13.5%
-4.8%
L&T Metro Rail (Hyderabad) Limited
L&T Metro Rail (Hyderabad) Limited
4.61%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
3.96%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
3.53%
0%
Tata Communications Limited
Tata Communications Limited
3.13%
0%

Fund Manager

Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap, since 2 July 2008
Mohit Jain
Mohit Jain
Fund Manager of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap, since 30 November 2017

SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.72% since inception which is more than its category average return of 5.64%
AUM size ₹12785 Cr

AUM size ₹12785 Cr

This fund has AUM of ₹12785 Cr which is more than its category average of ₹ 3603 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% 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 Plan Fortnightly Payout of Income Distribution cum cap is ₹20.97 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
4.08%
4.08%
1 Year Returns
7.17%
7.17%
3 Years Returns
17.85%
5.63%
5 Years Returns
38.95%
6.8%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.34% as on May 2024
₹12785 Cr as on May 2024
7.18% Govt Stock 2033(13.5%), L&T Metro Rail (Hyderabad) Limited(4.61%), 7.32% Govt Stock 2030(3.96%), Power Finance Corporation Ltd.(3.53%), Tata Communications Limited(3.13%) as on May 2024
Corporate(60.09%), Government(35.28%), Cash Equivalent(4.63%) as on May 2024
Yield to Maturity is 7.77 as on May 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 2.34 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.71
AA
12.29
Rajeev Radhakrishnan, Mohit Jain are the fund managers of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap
The Exit load of SBI Short Term Debt Fund Direct Plan Fortnightly Payout of Income Distribution cum cap is 0%