SBI Long Duration Fund Direct Growth
Debt
Direct
Long Duration
NAV as on 06-09-2024
₹ 11.86
1D
Inception Returns
10.3%
/yr
About the Fund
SBI Long Duration Fund Direct Growth is a debt fund. This fund was started on 12 December, 2022. The fund is managed by Mohit Jain, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Long Duration Fund Direct Growth has ₹2035 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
SBI Long Duration Fund Direct Growth has given a CAGR return of 10.34% since inception. Over the last 1 year the fund has given a CAGR return of 11.53%.
Holdings
SBI Long Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.4% Govt Stock 2062, 7.36% Govt Stock 2052, 6.62% Govt Stock 2051, 6.8% Govt Stock 2060
Taxation
As it is a long 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 Long Duration Fund Direct Growth
The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Long Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.23% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹2035 Cr |
| Inception Date | 12 December, 2022 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 14.14% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.9K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Sector in July was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 55.73% | 5% | |
7.4% Govt Stock 2062 | 14.43% | 0% | |
7.36% Govt Stock 2052 | 7% | 0% | |
6.62% Govt Stock 2051 | 4.67% | 0% | |
6.8% Govt Stock 2060 | 4.51% | 0% |
SBI Long Duration Fund Direct Growth Highlights
Moderately High risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.23%
Frequently Asked Questions
SBI Long Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.03% | 1.03% |
6 Month Returns | 5.02% | 5.02% |
1 Year Returns | 11.53% | 11.53% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 100 |