3 Year return

5.46%
Launched on January 2019 (5 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹20025.72 Cr.

Expense Ratio

0.34% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2

Ratings by other agencies

3
2
0

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

SBI Mutual Fund Managers

RR

Rajeev Radhakrishnan

Fund Manager since Jun 2008

View Details

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹915,901.53 Cr.
No. of Schemes 213
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Corporate Bond Fund Direct Plan Growth

The SBI Corporate Bond Fund Direct Plan Growth is an open-ended debt fund offered by SBI Mutual Fund. It invests primarily in corporate bonds rated AA+ or higher, which is why its credit risk is reduced to moderate levels. However, the mutual fund is still exposed to a relatively high level of interest rate risk. Since it is categorised as a debt fund, its portfolio primarily consists of non-convertible debentures. Other debt securities that make up the fund’s portfolio include government securities, State Development Loans (SDLs), commercial papers and cash/cash equivalents.

Investment Objective of the Scheme

The SBI Corporate Bond Fund Direct Plan Growth scheme’s objective is to allow investors to increase exposure to debt instruments with a focus on corporate bonds with moderate risk levels. It also aims to help investors maintain liquidity in their portfolios by investing in money market instruments.

Key Features of The Fund

5-year return 6.9%
Expense Ratio 0.34%
Fund Manager Rajeev Radhakrishnan
Fund Size ₹20025.72 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

Since this mutual fund scheme has moderate credit risk and invests primarily in corporate bonds rated AA+ or higher, it could be a good option for you if you are not eager to increase your exposure to market risks and instead prefer the benefit of regular income over the medium term. It also has no exit load, making it an option to consider if you want to invest in affordable debt mutual funds. That said, it is advisable to consult with a financial advisor if you are unsure of the fund’s suitability for your portfolio.

AMC Contact Details

Name SBI Mutual Fund
Launch Date June 1987
Addresss 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact 1800 209 33331800 425 5425
Email customer.delight@sbimf.com
Website https://www.sbimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Planning Tool at You Fingertips Now – SIP Calculator

Estimating and comparing your returns from different mutual funds can happen within under a minute with just 3 steps: Step 1: Open Angel One's free SIP calculator. Step 2: Enter your SIP Amount, investment horizon, and expected rate of return. Step 3: Compare!

FAQs

What is today's NAV of SBI Corporate Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Corporate Bond Fund Jun 14 2024 is 14.555

What is the AUM of SBI Corporate Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Corporate Bond Fund is 20025.72 crore.

What is the expense ratio of SBI Corporate Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of SBI Corporate Bond Fund is 0.34%

What are the returns of SBI Corporate Bond Fund since inception?

The SBI Corporate Bond Fund was launched on Jan 16 2019. The fund has delivered a CAGR of 7.24 since inception.

What is the minimum SIP amount to invest in SBI Corporate Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Corporate Bond Fund is 500.

How do I invest in SBI Corporate Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in SBI Corporate Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in SBI Corporate Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in SBI Corporate Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.