3 Year return
6.88%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹2506.12 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.
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
SBI Mutual Fund Managers
LM
Lokesh Mallya
Fund Manager since Feb 2017
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Baroda BNP Paribas Credit Risk Fund Direct Monthly IDCW Payout |
9.63% |
3.5 |
|
HDFC Credit Risk Debt Fund IDCW Direct Plan Payout |
6.5% |
5 |
|
HDFC Credit Risk Debt Fund IDCW Direct Plan Payout |
6.5% |
5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Dynamic Asset Allocation or Balanced Advantage
SBI Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
SBI Balanced Advantage Fund Direct Plan IDCW Payout
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 | 7.66% |
| Expense Ratio | 0.9% |
| Fund Manager | Lokesh Mallya |
| Fund Size | ₹2506.12 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 |
| 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.
FAQs
What is today's NAV of SBI Credit Risk Fund?
What is the AUM of SBI Credit Risk Fund?
What is the expense ratio of SBI Credit Risk Fund?
What are the returns of SBI Credit Risk Fund since inception?
What is the minimum SIP amount to invest in SBI Credit Risk Fund?
How do I invest in SBI Credit Risk Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Credit Risk Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Credit Risk Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Credit Risk Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
