Why should you choose SBI Savings Fund?

Mutual Fund

SBI Savings Fund is an open ended debt fund under the category of money market. It was launched on July 19, 2004. The investment objective of SBI Savings Fund is to generate stable return by investing in money market securities which seeks to capture the credit and term spreads.

SBI Savings Fund is managed by Mr. R. Arun. The minimum amount of Rs. 500 needs to be invested for SBI Savings Fund lumpsum plan. Professional fund managers after undergoing market research invests in money market instruments for SBI Savings Fund regular plan. 

SBI Savings Fund Facts

  • SBI Savings Fund portfolio includes 38.73% in certificate of deposits, 58.2% in commercial paper and 3.06% in NCA.
  • The last 3 year and 5 year return of SBI Savings Fund growth plan are 7.10% and 7.70% respectively.
  • SBI Savings Fund regular plan investment is ideal for those who aim to earn stable return with debt exposure.
  • You can easily opt for this mutual fund scheme online in India

Top 5 Sectors of SBI Savings Fund

S.No.

Holding Name

Net Assets (in %)

1

Certificate of Deposits

38.73

2

Commercial Paper

58.2

3

NCA

3.06

(as on 31/03/2019)

Top 10 Holdings of SBI Savings Fund

S.No.

Name of Holding

Net Assets (%)

1

Andhra Bank

7.68

2

Axis Bank Ltd.

7.65

3

Cholamandalam Investment and Finance Company Ltd.

7.47

4

Oriental Bank of Commerce

7.22

5

Power Finance Corporation Ltd.

6.96

6

Housing Development Finance Corporation Ltd.

6.75

7

National BK for Agri & Rural Development

5.31

8

Tata Power Renewable Energy Ltd.

5.14

9

JSW Steel Ltd.

4.80

10

IDFC First Bank Ltd.

4.32

(as on 31/03/2019)

SBI Savings Fund Details

Launch Date- July 19, 2004

Fund Manager- Mr. R. Arun

Risk- Moderately Low

Benchmark- NIFTY Money Market Index

Return Since Launch- 7.48%

AUM- Rs. 6709.55 crore (as on 31st Mar, 2019)

Following is the performance of SBI Savings Fund-

 

1-Year

3-Year

5-Year

10-Year

Fund

7.38

7.10

7.70

7.89

CCIL T Bill Liquidity Weight

4.27

4.25

4.73

4.53

Category

7.27

7.10

7.69

7.72

Rank within Category

11

10

9

4

Number of funds in category

14

13

13

10

As on Apr 22, 2019

 

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