SBI Long Duration Fund Direct Growth

SBI Long Duration Fund Direct Growth

Debt

Direct

Long Duration

NAV as on 19-11-2024

₹ 11.98

0.2%

1D

Inception Returns

9.8%

/yr

About SBI Long Duration Fund Direct Growth

SBI Long Duration Fund Direct Growth is a debt fund. This fund was started on 12 December, 2022. The fund is managed by Rajeev Radhakrishnan, Mohit Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Long Duration Fund Direct Growth has ₹2637 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

SBI Long Duration Fund Direct Growth has given a CAGR return of 9.79% since inception. Over the last 1 year the fund has given a CAGR return of 11.85%.

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, 6.8% Govt Stock 2060, 7.1% Govt Stock 2034, 7.36% Govt Stock 2052

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

Annualised

zero opening, trading, fund transfer fee
213 people have invested ₹ 2.7Cr in SBI Long Duration Fund Direct Growth in the last three months

SBI Long Duration Fund Direct Growth Overview

Expense ratio0.23%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹2637 Cr
Inception Date12 December, 2022
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
14.14%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (19-Nov-24)

Period
SBI Long Duration Fund Direct Growth
Long Duration Index
1M
-0.1%
-0.1%
3M
1.7%
1.4%
6M
5.3%
4.5%
1Y
11.8%
10.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
94.9%
Cash Equivalent
5.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.4K Cr
₹ 2.4K Cr
₹ 2.1K Cr
  • AUM of the fund stands at 2.4K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone down from 6.1% to 4.1%
Cash allocation has gone down from 6.1% to 4.1%
Debt allocation has gone up from 93.7% to 95.7%
Debt allocation has gone up from 93.7% to 95.7%

Top Sector in October was Government

Oct'24
Government
95%
Sep'24
Government
94%
  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
50.96%
0%
7.4% Govt Stock 2062
7.4% Govt Stock 2062
11.67%
0%
6.8% Govt Stock 2060
6.8% Govt Stock 2060
11.19%
45%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
5.76%
0%
7.36% Govt Stock 2052
7.36% Govt Stock 2052
5.66%
0%
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Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Long Duration Fund Direct Growth, since 12 December 2022
Mohit Jain
Mohit Jain
Fund Manager of SBI Long Duration Fund Direct Growth, since 12 December 2022
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI Long Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.79% since inception which is more than its category average return of 7.8%
AUM size ₹2637 Cr

AUM size ₹2637 Cr

This fund has AUM of ₹2637 Cr which is more than its category average of ₹ 2487 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions for SBI Long Duration Fund Direct Growth

The current NAV of SBI Long Duration Fund Direct Growth is ₹11.98 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
SBI Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.11%
-0.11%
6 Month Returns
5.34%
5.34%
1 Year Returns
11.85%
11.85%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.23% as on October 2024
₹2637 Cr as on October 2024
7.3% Govt Stock 2053(50.96%), 7.4% Govt Stock 2062(11.67%), 6.8% Govt Stock 2060(11.19%), 7.1% Govt Stock 2034(5.76%), 7.36% Govt Stock 2052(5.66%) as on October 2024
Yield to Maturity is 7.07 as on October 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 11.62 as on October 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rajeev Radhakrishnan, Mohit Jain are the fund managers of SBI Long Duration Fund Direct Growth
The Exit load of SBI Long Duration Fund Direct Growth is 0.25%