SBI Floating Rate Debt Fund Direct Growth
Get the latest NAV of SBI Floating Rate Debt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹13.30
NAV as on 09 May 2025
6.5%/per year
Since Inception
▲▼
45 people have invested ₹ 17.8L in SBI Floating Rate Debt Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
SBI Floating Rate Debt Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Floating Rate Debt Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.6%
SBI Floating Rate Debt Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.6%
Top 2 Sectors in March were Government, Corporate
Government
66%
Corporate
26%
Government
62%
Corporate
31%
SBI Floating Rate Debt Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.26% |
Benchmark | Nifty Short Duration Debt TR INR |
| AUM | ₹1234 Cr |
| Inception Date | 27 October, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 489.25% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About SBI Floating Rate Debt Fund
SBI Floating Rate Debt Fund Direct Growth is a debt fund. This fund was started on 27 October, 2020. The fund is managed by Ardhendu Bhattacharya, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Floating Rate Debt Fund Direct Growth has ₹1234 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
SBI Floating Rate Debt Fund Direct Growth has given a CAGR return of 6.50% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.83% and 7.80% respectively.
Holdings
SBI Floating Rate Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.59% Govt Stock 2031, 6.79% Govt Stock 2034, Pipeline Infrastructure Pvt Ltd., National Bank For Agriculture And Rural Development, 6.99% Govt Stock 2034
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of SBI Floating Rate Debt Fund Direct Growth
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Floating Rate Debt Fund Direct Growth has no lock in period.
Fund Manager
Ardhendu Bhattacharya
Fund Manager of SBI Floating Rate Debt Fund Direct Growth, since 30 June 2021
Rajeev Radhakrishnan
Fund Manager of SBI Floating Rate Debt Fund Direct Growth, since 30 October 2020
- AUM of the fund stands at 1.2K Cr as of Mar'25
- AUM decreased by 15.3 Cr between Mar'25 and Feb'25
More funds from SBI
1Y CAGR
▲ 12.55
5Y CAGR
▲ 6.26
1Y CAGR
▲ 11.51
5Y CAGR
▲ 6.97
5Y CAGR
▲ 6.75
Frequently Asked Questions for SBI Floating Rate Debt Fund Direct Growth
What is the current NAV of SBI Floating Rate Debt Fund Direct Growth?
What are the average returns of SBI Floating Rate Debt Fund Direct Growth?
SBI Floating Rate Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 4.22% | 4.22% |
1 Year Returns | 8.83% | 8.83% |
3 Years Returns | 25.28% | 7.8% |
How do I invest in SBI Floating Rate Debt Fund Direct Growth?
- 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.
What is the expense ratio of SBI Floating Rate Debt Fund Direct Growth?
What is net assets under management (AUM) of SBI Floating Rate Debt Fund Direct Growth?
What are the top 5 holdings of SBI Floating Rate Debt Fund Direct Growth?
What are the top 3 sectors that this SBI Floating Rate Debt Fund Direct Growth has invested in?
What is the yield to maturity ratio of SBI Floating Rate Debt Fund Direct Growth?
What is the modified duration of SBI Floating Rate Debt Fund Direct Growth?
What is the credit rating breakup of SBI Floating Rate Debt Fund Direct Growth?
AAA | 100 |