3 Year return

6.93%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹2601.27 Cr.

Expense Ratio

0.9% (inclusive of GST)

Exit Load

3.00% - If redeemed/switched out within 12 months from the date of allotment. - FOR 8% of the investment - Nil 1.50% - If redeemed/switched out after 12 months but within 24 months from the date of allotment. - For 8% of the investment - Nil 0.75% - If redeemed/switched out after 24 months but within 36 months from the date of allotment. - For 8% of the investment - Nil NIL - If redeemed/switched out after 36 months from the date of allotment.

Ratings

2.5

Ratings by other agencies

3
4
5

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

LM

Lokesh Mallya

Fund Manager since Feb 2017

Fund House Details

SBI Mutual Fund Asset management company

AUM ₹852,086.72 Cr.
No. of Schemes 207
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

SBI Balanced Advantage Fund Direct Plan Growth

0%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

SBI Balanced Advantage Fund Direct Plan IDCW Payout

0%

About SBI Credit Risk Fund Direct Plan Growth

SBI Credit Risk Fund Direct Growth is an offering from SBI Mutual Fund, falling under the category of Debt Mutual Fund Schemes. This open-ended debt scheme primarily directs its investments towards AA and below rated corporate bonds (excluding AA+ rated corporate bonds). It's important to note that this investment choice carries a relatively higher interest rate risk and credit risk compared to other options within the category. This fund has a higher expense ratio, compared to the category average.

Investment Objective of the Scheme

The core investment objective of SBI Credit Risk Fund Direct Plan Growth is to present investors with an avenue to predominantly invest in corporate bonds rated AA and below (excluding AA+ rated corporate bonds). This strategic investment approach is designed to yield attractive returns while simultaneously maintaining a moderate level of liquidity in the portfolio. The fund achieves this liquidity through investments in money market securities, which are known for their shorter maturities and relatively higher liquidity.

Key Features of The Fund

5-year return 7.42%
Expense Ratio 0.9%
Fund Manager Lokesh Mallya
Fund Size ₹2601.27 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

SBI Credit Risk Fund Direct Plan Growth caters particularly to investors who have an inclination towards regular income generation over the medium term. The fund's focus on corporate debt securities rated AA and below signifies a willingness to engage with securities that may offer potentially higher yields but also come with inherent credit risks. As with any investment decision, potential investors should evaluate their individual financial goals, risk tolerance, and investment horizon to determine if this scheme aligns with their overall investment strategy.

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 [email protected]
Website https://www.sbimf.com/

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

FAQs

What is today's NAV of SBI Credit Risk Fund Direct Plan Growth?

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 Credit Risk Fund Direct Plan Growth Feb 22 2024 is 43.7337

What is the AUM of SBI Credit Risk Fund Direct Plan Growth?

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 Credit Risk Fund Direct Plan Growth is 2601.27 crore.

What is the expense ratio of SBI Credit Risk Fund Direct Plan Growth?

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 Credit Risk Fund Direct Plan Growth is 0.9%

What are the returns of SBI Credit Risk Fund Direct Plan Growth since inception?

The SBI Credit Risk Fund Direct Plan Growth was launched on Jan 01 2013. The fund has delivered a CAGR of 8.62 since inception.

What is the minimum SIP amount to invest in SBI Credit Risk Fund Direct Plan Growth?

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 Credit Risk Fund Direct Plan Growth is 500.

How do I invest in SBI Credit Risk Fund Direct Plan Growth?

  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 Credit Risk Fund Direct Plan Growth?

  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 Credit Risk Fund Direct Plan Growth?

  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 Credit Risk Fund Direct Plan Growth?

  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.