SBI Short Term Debt Fund Direct Growth
Debt
Direct
Short Duration
NAV: ₹ 30.94 as on 16-05-2024
About the Fund
SBI Short Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Short Term Debt Fund Direct Growth has ₹12825 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
186 people have invested ₹ 43.3L in SBI Short Term Debt Fund Direct Growth in the last three months
Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹12825 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 172.54% |
SBI Short Term Debt Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
88.4%
AA
11.6%
Sector Allocation
Corporate
59.3%
Government
29.8%
Cash Equivalent
10.9%
Top Holdings of SBI Short Term Debt Fund Direct Growth as on (30-Apr-24)
Debt Holdings76
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 9.23% | -4.8% | |
L&T Metro Rail (Hyderabad) Limited | 4.59% | 0% | |
7.32% Govt Stock 2030 | 3.92% | 0% | |
Power Finance Corporation Ltd. | 3.51% | 0% | |
Tata Communications Limited | 3.11% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 12.8K Cr as of Apr'24
- AUM decreased by 14.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.7%.
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 2.06% per annum.
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.92% return, outperforming this fund by 1% per annum.
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.84% return, outperforming this fund by 0.8%.
Over the last 1 month, this fund has decreased expense ratio by 2.9% moving from 0.35 to 0.34.
Over the last 6 months, this fund has experienced a 5.1% drop in AUM moving from 13.51K Cr to 12.82K Cr.
Peer Analysis
Fund Manager
Mohit Jain
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 30 November 2017
Top funds managed
Rajeev Radhakrishnan
Fund Manager of SBI Short Term Debt Fund Direct Growth, since 2 July 2008
Top funds managed
SBI Short Term Debt Fund Direct 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 7.76% since inception which is more than its category average return of 5.63%
AUM size ₹12825 Cr
This fund has AUM of ₹12825 Cr which is more than its category average of ₹ 3590 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of SBI Short Term Debt Fund Direct Growth is ₹30.94 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI Short Term Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 3.83% | 3.83% |
1 Year Returns | 7.05% | 7.05% |
3 Years Returns | 17.67% | 5.57% |
5 Years Returns | 39.73% | 6.92% |
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.
0.34% as on April 2024
₹12825 Cr as on April 2024
7.18% Govt Stock 2033(9.23%), L&T Metro Rail (Hyderabad) Limited(4.59%), 7.32% Govt Stock 2030(3.92%), Power Finance Corporation Ltd.(3.51%), Tata Communications Limited(3.11%) as on April 2024
Corporate(59.3%), Government(29.81%), Cash Equivalent(10.89%) as on April 2024
Yield to Maturity is 7.75 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 2.81 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 88.41 |
AA | 11.59 |
Mohit Jain, 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%