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DEBT•MONEY MARKET FUND

SBI Savings Fund

3 Year return

7.33%
NAV on July 13, 2026
47.451
1D Returns
0%
Launched on January 2013(13 years)

Investment Details

₹500
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
12.14%₹437
Total Value ₹4,037

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹33,005.39 Cr.
Expense Ratio
0.26% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
3

Ratings by other agencies

Value Research
3
Crisil
2
Morning Star
5

Tax Implications

Tax on gains as per your income tax bracket

SBI Mutual Fund Manager

PK

Pradeep Kesavan

Fund Manager since Dec 2023

RR

Rajeev Radhakrishnan

Fund Manager since Jan 2008

SJ

Sankalp Jain

Fund Manager since Jul 2026

Fund House Details

SBI Mutual Fund

SBI Mutual Fund

Asset management company

AUM
₹12,81,380.68 Cr.
No. of Schemes
270
Setup Date
June 1987

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
TATA Money Market Fund7.5369%
4.5
Nippon India Money Market Fund7.4232%
4.5
Axis Money Market Fund7.4541%
4

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Savings Fund Direct Plan Growth

SBI Savings Fund Direct Plan Growth is an open-ended fund from SBI Mutual Fund. It allows investors to invest in money market securities. SBI Savings Fund Direct Plan Growth falls under the debt mutual fund category. It invests in instruments carrying low interest rates and moderate credit risk. This is a fund that offers a regular interest distribution cum withdrawal (IDCW) option.

Investment Objective of the Scheme

The objective of the fund is to generate regular and stable income over the medium to long term by investing predominantly in a diversified portfolio of fixed-income, low-risk securities. The fund invests in a diversified portfolio of government, corporate, and cash securities to manage risk effectively. SBI Savings Fund Direct Plan Growth invests in a range of Treasury bills and commercial papers rated AA+/ AAA.

Key Features of The Fund

5-year return
6.5387%
Expense Ratio
0.26%
Fund Manager
Pradeep Kesavan
Fund Size
₹33005.39 Cr.
Risk Profile
Moderate

Is This Scheme Right for Me?

If you are seeking to generate regular income from an interest distribution cum withdrawal (IDCW) scheme, the SBI Savings Fund Direct Plan Growth may catch your attention. This fund is suitable for investors with moderate risk appetite. The fund offers short-term investment options by investing in low-risk securities. If your aim is to invest for a short period of time, this might catch your attention. Make sure to evaluate your own financial goals and risk tolerance before investing.

AMC Contact Details

NameSBI Mutual Fund
Launch DateJune 1987
Address9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact1800 209 33331800 425 5425
Emailcustomer.delight@sbimf.com
Websitehttps://www.sbimf.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

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 Savings Fund on July 13, 2026, is ₹47.451
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 Savings Fund, is ₹33005.39 crore.
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 Savings Fund is 0.26%
The SBI Savings Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
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 Savings Fund is ₹500.
  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.
  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.
  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.
  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.

ENTER AMOUNT

₹
₹4,037 in 3Y at 7.3261% returns
SIP Date1st of every month

Your next SIP Payment will be on 14 August 2026

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