3 Year return
6.51%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹25006.2 Cr.
Expense Ratio
0.25% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
SBI Mutual Fund Managers
RA
R Arun
Fund Manager since May 2018
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
TATA Money Market Fund |
6.72% |
4.5 |
Aditya Birla Sun Life Money Manager Fund |
6.63% |
4.5 |
HDFC Money Market Fund |
6.56% |
4 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Savings Fund Direct Plan IDCW Reinvestment
SBI Savings Fund Direct Plan IDCW Reinvestment, managed by SBI Mutual Funds, falls under the money market funds category and aims to provide investors with a debt-heavy investment approach. This direct plan offers the IDCW Reinvestment feature, whereby declared dividends are automatically reinvested, enhancing compounding potential. The fund has a slightly higher expense ratio than the average in its category.
Investment Objective of the Scheme
The scheme's key objective is to provide investors with a short-term debt-oriented investment option that offers potential capital appreciation. SBI Savings Fund Direct Plan IDCW Reinvestment achieves this by investing primarily in a mix of certificates of deposit, and commercial papers among others. The focus of the fund is to balance risk and rewards while aiming for stable returns.
Key Features of The Fund
5-year return | 6.02% |
Expense Ratio | 0.25% |
Fund Manager | R Arun |
Fund Size | ₹25006.2 Cr |
Risk Profile | Moderate |
Is This Scheme Suitable for Me?
For investors seeking an investment strategy that focuses on low-risk debt investments, SBI Savings Fund Direct Plan IDCW Reinvestment could be suitable. This fund can be good for those who aim to maintain a balance between risk and returns. Assess your risk tolerance and financial goals before considering this fund.
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 3333 1800 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.
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FAQs
What is today's NAV of SBI Savings Fund Direct Plan IDCW Reinvestment?
What is the AUM of SBI Savings Fund Direct Plan IDCW Reinvestment?
What is the expense ratio of SBI Savings Fund Direct Plan IDCW Reinvestment?
What are the returns of SBI Savings Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Savings Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI Savings Fund Direct Plan IDCW Reinvestment?
- 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 Savings Fund Direct Plan IDCW Reinvestment?
- 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 Savings Fund Direct Plan IDCW Reinvestment?
- 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 Savings Fund Direct Plan IDCW Reinvestment?
- 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.