DEBT•MONEY MARKET FUND
SBI Savings Fund Direct Plan Weekly IDCW Reinvestment
3 Year return
6.86%
NAV on August 11, 2026
16.9253
1D Returns
+0.01%
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
11.31%₹407
Total Value ₹4,007
Risk Involved
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
3
Ratings by other agencies
Value Research
3
Crisil
2
Morning Star
4
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 Dec 2023
SJ
Sankalp Jain
Fund Manager since Jul 2026
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| TATA Money Market Fund | 7.5418% | 4.5 |
| Nippon India Money Market Fund | 7.433% | 4.5 |
| Axis Money Market Fund | 7.4604% | 4 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The SBI Savings Fund Direct Plan Weekly IDCW Reinvestment fund is a money market fund managed by SBI Mutual Fund. It is a type of debt fund that invests in short-term debt securities, such as treasury bills, commercial paper, and certificates of deposit. The SBI Savings Fund Direct Plan Weekly IDCW Reinvestment fund is open-ended. This means that the fund can issue and redeem units continuously. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the SBI Savings Fund Direct Plan Weekly IDCW Reinvestment fund is to generate income by investing in high-quality short-term debt securities. The fund aims to provide investors with a regular income stream with low volatility.
Key Features of The Fund
5-year return
6.3108%
Expense Ratio
0.26%
Fund Manager
Pradeep Kesavan
Fund Size
₹33005.39 Cr.
Risk Profile
Moderate
Is This Scheme Right for Me?
The SBI Savings Fund Direct Plan Weekly IDCW Reinvestment fund is suitable for investors who are looking for a low-risk investment with regular income. The fund is also suitable for investors who are looking for an investment that can be used to meet short-term financial goals, such as an emergency fund or a down payment on a house.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 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.
Secure Your Retirement With SIPs
For many investors, a Systematic Investment Plan (SIP) is an excellent option when it comes to retirement planning. SIPs make disciplined investing possible by automating regular contributions, which add up to an impressive retirement fund over time. This strategy guarantees a stable retirement and mitigates market volatility. Take advantage of the mutual fund SIP calculator offered by Angel One to visualise how your investments can grow and assist in making informed decisions to achieve your retirement goals.
FAQs
What is today's NAV of SBI Savings Fund Direct Plan Weekly IDCW Reinvestment?
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 Direct Plan Weekly IDCW Reinvestment on August 11, 2026, is ₹16.9253
What is the AUM of SBI Savings Fund Direct Plan Weekly IDCW Reinvestment?
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 Direct Plan Weekly IDCW Reinvestment, is ₹33005.39 crore.
What is the expense ratio of SBI Savings Fund Direct Plan Weekly IDCW Reinvestment?
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 Direct Plan Weekly IDCW Reinvestment is 0.26%
What are the returns of SBI Savings Fund Direct Plan Weekly IDCW Reinvestment since inception?
The SBI Savings Fund Direct Plan Weekly IDCW Reinvestment was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Savings Fund Direct Plan Weekly IDCW Reinvestment?
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 Direct Plan Weekly IDCW Reinvestment is ₹500.
How do I invest in SBI Savings Fund Direct Plan Weekly 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 Weekly 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 Weekly 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 Weekly 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.
ENTER AMOUNT
₹
₹4,007 in 3Y at 6.8561% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
By proceeding, you accept AngelOne's T&C
