3 Year return

6%
Launched on January 2013 (11 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

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹24347.58 Cr.

Expense Ratio

0.25% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
3

Ratings by other agencies

3
2
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

RA

R Arun

Fund Manager since May 2018

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 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 6.1%
Expense Ratio 0.25%
Fund Manager R Arun
Fund Size ₹24347.58 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

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.

Fast-Track Your Short-Term Goals With SIPs

Whether it's a dream vacation, buying a gadget, or building an emergency fund, SIPs provide a systematic approach. Use Angel One's free SIP investment calculator to plan your investments wisely, ensuring you achieve your goals faster and with confidence.

FAQs

What is today's NAV of SBI Savings 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 Savings Fund Jun 14 2024 is 41.0602

What is the AUM of SBI Savings 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 Savings Fund is 24347.58 crore.

What is the expense ratio of SBI Savings 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 Savings Fund is 0.25%

What are the returns of SBI Savings Fund since inception?

The SBI Savings Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.53 since inception.

What is the minimum SIP amount to invest in SBI Savings 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 Savings Fund is 500.

How do I invest in SBI Savings 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 Savings 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 Savings 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 Savings 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.