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SBI Savings Fund


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Money Market debt funds invest in bonds with maturity of up to 1 year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.43 0.01 0.11 0.49 1.48 3.46 7.52 6.96 7.49 7.94 8.10
CCIL T Bill Liquidity Weight 0.28 0.03 0.11 0.28 0.84 1.89 4.22 4.14 4.47 4.80 4.70
Debt: Money Market 0.42 0.01 0.11 0.48 1.47 3.44 7.52 7.02 7.44 7.91 7.96
Rank within category 9 10 15 11 8 8 13 10 9 10 4
Number of funds in category 19 19 19 19 19 18 17 13 13 13 12

As on 28-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.51 (01-Dec-2008 - 08-Dec-2008) -0.34 (18-Jun-2008 - 25-Jun-2008)
Month 3.37 (11-Nov-2008 - 11-Dec-2008) -0.14 (17-Jun-2008 - 17-Jul-2008)
Quarter 5.08 (22-Oct-2008 - 21-Jan-2009) 0.91 (17-Apr-2008 - 17-Jul-2008)
Year 10.21 (10-Jun-2011 - 11-Jun-2012) 4.89 (22-Apr-2009 - 22-Apr-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.82 0.51 2.17 4.31 1.22 3.10
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Money Market 6.86 0.70 2.76 6.74 0.98 2.75
Rank within category 11 10 10 10 12 7
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 73 73 38 37
Modified Duration (yrs) 0.35 0.60 0.23 0.30
Average Maturity (yrs) 0.37 0.66 0.24 0.30
Yield to Maturity (%) 6.13 7.95 6.03 5.64

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Axis Bank 18/09/2020 Certificate of Deposit A1+ 0.00 - 6.91 5.09
equal Nabha Power 112-D 20/03/2020 Commercial Paper A1+ 0.00 - 5.24 4.83
equal SIDBI 2020 Certificate of Deposit A1+ 0.00 - 6.38 4.40
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 5.78 3.99
new Axis Bank 25/05/2020 Certificate of Deposit A1+ 0.00 - 3.59 3.59
equal Tata Power 179-D 23/03/2020 Commercial Paper A1+ 0.00 - 4.37 3.22
equal Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 3.37 3.10
equal Tata Motors 364-D 06/11/2020 Commercial Paper A1+ 0.00 - 2.92 2.69
equal ICICI Bank 23/03/2020 Certificate of Deposit A1+ 0.00 - 3.52 2.42
equal HDFC 362-D 20/05/2020 Commercial Paper A1+ 0.00 - 3.46 2.39
equal Cholamandalam Invest. & Fin. 351-D 13/03/2020 Commercial Paper A1+ 0.00 - 4.15 2.02
equal National Bank Agr. Rur. Devp 23/04/2020 Certificate of Deposit A1+ 0.00 - 2.79 1.93
new JSW Steel 169-D 05/06/2020 Commercial Paper A1+ 0.00 - 1.86 1.86
up Indian Bank 2020 Certificate of Deposit A1+ 0.00 - 2.31 1.79
equal LIC Housing Fin. 344-D 28/05/2020 Commercial Paper A1+ 0.00 - 2.59 1.79
equal National Bank Agr. Rur. Devp 310-D 13/03/2020 Commercial Paper A1+ 0.00 - 2.35 1.62
new Aarti Industries 61-D 17/02/2020 Commercial Paper A1+ 0.00 - 1.62 1.62
equal Coastal Gujarat Power 247-D 26/03/2020 Commercial Paper A1+ 0.00 - 2.18 1.61
equal Tata Motors 280-D 27/03/2020 Commercial Paper A1+ 0.00 - 2.34 1.61
equal Ashok Leyland 190-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.19 1.61
equal Andhra Bank 14/05/2020 Certificate of Deposit A1+ 0.00 - 2.32 1.60
equal Tata Projects 266-D 11/05/2020 Commercial Paper A1+ 0.00 - 2.15 1.59
equal Sundaram Finance 356-D 25/06/2020 Commercial Paper A1+ 0.00 - 2.15 1.58
equal HDFC 344-D 03/11/2020 Commercial Paper A1+ 0.00 - 1.68 1.55
equal Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 2.06 1.41

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— R Arun since 20-Apr-2012

Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).

Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.

Funds Managed:


0.01%

Change from previous, NAV as on 28-Jan-2020

Growth: ₹ 30.6988

Dividend Weekly: ₹ 11.5316

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Dividend Monthly: ₹ 12.2044

Dividend Daily: ₹ 10.1061


Investment Strategy

The scheme seeks to provide the investors an opportunity to invest in money market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load 0.1% for redemption within 3 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 14-Jul-2004
Return Since Launch: 7.48%
Benchmark: NIFTY Money Market
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 12,252 Cr (As on 31-Dec-2019)
Expense: 0.83% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Jan-20200.0035

 23-Jan-20200.0012
 22-Jan-20200.0012
 21-Jan-20200.0012
 20-Jan-20200.0012
 17-Jan-20200.0036
 16-Jan-20200.0012
 15-Jan-20200.0012
 14-Jan-20200.0015
 13-Jan-20200.0012
 10-Jan-20200.0035
 09-Jan-20200.0012
 08-Jan-20200.0012
 07-Jan-20200.0012
 06-Jan-20200.0012
 03-Jan-20200.0036
 02-Jan-20200.0012
 01-Jan-20200.0012
 31-Dec-20190.0012
 30-Dec-20190.0012
 27-Dec-20190.0036
 26-Dec-20190.0012
 24-Dec-20190.0024
 23-Dec-20190.0012
 20-Dec-20190.0037
Dividend Weekly24-Jan-20200.0091

 17-Jan-20200.0072
 10-Jan-20200.0090
 03-Jan-20200.0108
 27-Dec-20190.0073
 20-Dec-20190.0070
 13-Dec-20190.0096
 06-Dec-20190.0049
 29-Nov-20190.0106
 22-Nov-20190.0111
 15-Nov-20190.0118
 08-Nov-20190.0060
 01-Nov-20190.0116
 25-Oct-20190.0094
 18-Oct-20190.0135
 11-Oct-20190.0121
 04-Oct-20190.0178
 27-Sep-20190.0138
 20-Sep-20190.0010
 13-Sep-20190.0100
 06-Sep-20190.0096
 30-Aug-20190.0161
 23-Aug-20190.0115
 16-Aug-20190.0078
 09-Aug-20190.0181
Dividend Monthly27-Dec-20190.0360

 29-Nov-20190.0360
 25-Oct-20190.0360
 27-Sep-20190.0360
 30-Aug-20190.0360
 26-Jul-20190.0360
 28-Jun-20190.0360
 31-May-20190.0360
 30-Apr-20190.0360
 29-Mar-20190.0360
 28-Feb-20190.0360
 31-Jan-20190.0360
 28-Dec-20180.0360
 30-Nov-20180.0360
 31-Oct-20180.0360
 28-Sep-20180.0360
 31-Aug-20180.0360
 31-Jul-20180.0432
 27-Apr-20180.0288
 23-Mar-20180.0289
 28-Feb-20180.0289
 31-Jan-20180.0433
 29-Dec-20170.0433
 30-Nov-20170.0433
 31-Oct-20170.0433

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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