SBI Savings Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 40.82 as on 16-05-2024
About the Fund
SBI Savings Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, R. Arun. This fund is suitable to keep your money safe.
Key Parameters
- SBI Savings Fund Direct Plan Growth has ₹22979 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Fund Performance
347 people have invested ₹ 2.2Cr in SBI Savings Fund Direct Plan Growth in the last three months
Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹22979 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 240.72% |
SBI Savings Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
57.2%
Cash Equivalent
31.6%
Government
11.1%
Top Holdings of SBI Savings Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings87
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Indian Bank | 4.09% | 100% | |
HDFC Bank Limited | 3.99% | -2.5% | |
Punjab National Bank | 3.85% | 0% | |
07.38% MP Sdl 2025 | 3.42% | 0% | |
Axis Bank Limited | 3.23% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 23K Cr as of Apr'24
- AUM increased by 4.8K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (money market). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.33%.
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.27% return, outperforming this fund by 0.14% per annum.
Over the last 3 months, this fund has increased expense ratio by 8.7% moving from 0.23 to 0.25.
Over the last 1 month, this fund has experienced a 26.1% growth in AUM moving from 18.22K Cr to 22.97K Cr.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.1% return, outperforming this fund by 0.21% per annum.
This fund with AUM at ₹22979.31Cr is among the largest funds in the money market category.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.86% return, outperforming this fund by 0.23%.
Peer Analysis
Fund Manager
Mohit Jain
Fund Manager of SBI Savings Fund Direct Plan Growth, since 30 November 2017
Top funds managed
R. Arun
Fund Manager of SBI Savings Fund Direct Plan Growth, since 30 April 2012
Top funds managed
SBI Savings Fund Direct Plan 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 7.54% since inception which is more than its category average return of 4.96%
AUM size ₹22979 Cr
This fund has AUM of ₹22979 Cr which is more than its category average of ₹ 6863 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.33%
Frequently Asked Questions
The current NAV of SBI Savings Fund Direct Plan Growth is ₹40.82 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 18.76% | 5.9% |
5 Years Returns | 34.69% | 6.14% |
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.
0.25% as on April 2024
₹22979 Cr as on April 2024
Indian Bank(4.09%), HDFC Bank Limited(3.99%), Punjab National Bank(3.85%), 07.38% MP Sdl 2025(3.42%), Axis Bank Limited(3.23%) as on April 2024
Corporate(57.25%), Cash Equivalent(31.64%), Government(11.12%) as on April 2024
Yield to Maturity is 7.77 as on April 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 0.7 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Mohit Jain, R. Arun are the fund managers of SBI Savings Fund Direct Plan Growth
The Exit load of SBI Savings Fund Direct Plan Growth is 0%