SBI Short Term Debt Fund Direct Growth

SBI Short Term Debt Fund Direct Growth

NAV as on 31-03-2025

₹ 33.31

0.1%

1D

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
343 people have invested ₹ 1.1Cr in SBI Short Term Debt Fund Direct Growth in the last three months

About SBI Short Term Debt Fund Direct Growth

SBI Short Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mansi Sajeja, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Short Term Debt Fund Direct Growth has ₹13614 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Short Term Debt Fund Direct Growth has given a CAGR return of 7.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.58%, 6.97% and 6.66% respectively.

Holdings

SBI Short Term Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 6.79% Government Of India (07/10/2034), 7.17% Govt Stock 2030, 06.32 KA Sdl 2028, 7.32% Govt Stock 2030

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:
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 Short Term Debt Fund Direct Growth

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 Growth has no lock in period.

SBI Short Term Debt Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹13614 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
108.51%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (31-Mar-25)

Period
SBI Short Term Debt Fund Direct Growth
Short Duration Index
1M
1.1%
0.6%
3M
2.4%
1.7%
6M
4.1%
3.2%
1Y
8.6%
7.3%
3Y
7%
6.5%
5Y
6.7%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
88.7%

AA
11.3%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
51.5%
Government
39.6%
Cash Equivalent
8.9%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 13.9K Cr
₹ 13.5K Cr
₹ 13.4K Cr
  • AUM of the fund stands at 13.9K Cr as of Feb'25
  • AUM increased by 382.5 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Smfg India Credit Company Limited's allocation increased from 0.75% to 2.1%
Smfg India Credit Company Limited's allocation increased from 0.75% to 2.1%
Bharti Telecom Limited 8.65%'s allocation increased from 1.05% to 2.34%
Bharti Telecom Limited 8.65%'s allocation increased from 1.05% to 2.34%
Summit Digitel Infrastructure Limited's allocation increased from 0.57% to 1.66%
Summit Digitel Infrastructure Limited's allocation increased from 0.57% to 1.66%
Top Stocks sold last month
L&T Metro Rail (Hyderabad) Limited's allocation decreased from 5.26 % to 4.08 %
L&T Metro Rail (Hyderabad) Limited's allocation decreased from 5.26 % to 4.08 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 3.76 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 3.76 %
Power Finance Corporation Ltd.'s allocation decreased from 5.26 % to 3.38 %
Power Finance Corporation Ltd.'s allocation decreased from 5.26 % to 3.38 %
Cash allocation has gone down from 10.1% to 8.9%
Cash allocation has gone down from 10.1% to 8.9%
Debt allocation has gone up from 89.6% to 90.8%
Debt allocation has gone up from 89.6% to 90.8%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
51%
Government
40%
Jan'25
Corporate
52%
Government
38%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
7.77%
0%
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
7.39%
-41.7%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
6.53%
0%
06.32 KA Sdl 2028
06.32 KA Sdl 2028
5.06%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
3.78%
0%
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Mansi Sajeja
Mansi Sajeja
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 1 December 2023
Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 2 June 2008
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 28-Feb-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.12% return, outperforming this fund by 1.46% per annum.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 11.4% moving from 0.35 to 0.39.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.7%.
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In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.88% return, outperforming this fund by 0.91% per annum.
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In the last 1 year, Nippon India Short Term Fund - Direct Plan - Growth Plan has given 8.87% return, outperforming this fund by 0.29%.

SBI Short Term Debt Fund Direct Growth 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 7.85% since inception which is more than its category average return of 5.86%
AUM size ₹13614 Cr

AUM size ₹13614 Cr

This fund has AUM of ₹13614 Cr which is more than its category average of ₹ 5167 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.7%

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1Y CAGR

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5Y CAGR

▲ 6.50

SBI Long Duration Fund Direct Growth

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1Y CAGR

▲ 9.52

SBI Magnum Gilt Fund Direct Growth

SBI Magnum Gilt Fund Direct Growth

5Y CAGR

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SBI Credit Risk Fund Direct Plan Growth

5Y CAGR

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Frequently Asked Questions for SBI Short Term Debt Fund Direct Growth

The current NAV of SBI Short Term Debt Fund Direct Growth is ₹33.31 as on 31-Mar-2025.
Existing (Absolute + CAGR) as on 31-Mar-2025.
SBI Short Term Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.08%
1.08%
6 Month Returns
4.13%
4.13%
1 Year Returns
8.58%
8.58%
3 Years Returns
22.4%
6.97%
5 Years Returns
38.07%
6.66%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.39% as on March 2025
₹13614 Cr as on March 2025
7.18% Govt Stock 2033(7.77%), 6.79% Government Of India (07/10/2034)(7.39%), 7.17% Govt Stock 2030(6.53%), 06.32 KA Sdl 2028(5.06%), 7.32% Govt Stock 2030(3.78%) as on March 2025
Corporate(51.8%), Government(39.78%), Cash Equivalent(8.42%) as on March 2025
Yield to Maturity is 7.53 as on March 2025. 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 2.77 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.65
AA
11.35
Mansi Sajeja, Rajeev Radhakrishnan are the fund managers of SBI Short Term Debt Fund Direct Growth
The Exit load of SBI Short Term Debt Fund Direct Growth is 0%