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3 star

SBI Savings Fund


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

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 3.62 0.04 0.13 0.65 2.10 3.54 7.42 7.10 7.40 7.87 8.19
CCIL T Bill Liquidity Weight 2.02 0.02 0.05 0.25 0.87 1.95 4.02 4.18 4.33 4.71 4.78
Debt: Money Market 3.54 0.04 0.12 0.55 1.98 3.47 7.24 7.18 7.37 7.85 8.09
Rank within category 12 12 9 8 12 12 10 10 10 10 8
Number of funds in category 19 20 20 20 20 19 18 13 13 13 12

As on 03-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Savings Fund  | Invest Online
3 star
Jul-04 7.42 7.10 7.40 0.82 13,222
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 8.14 7.88 7.74 0.31 8,422
Kotak Money Market Fund Regular Plan  | Invest Online
4 star
Jul-03 7.34 7.52 7.53 0.26 7,953
HDFC Money Market Fund  | Invest Online
4 star
Nov-99 8.23 7.67 7.53 0.35 7,592
Nippon India Money Market Fund  | Invest Online
4 star
Jun-05 7.64 7.68 7.58 0.25 4,218

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.51 (01-Dec-2008 - 08-Dec-2008) -0.90 (17-Mar-2020 - 24-Mar-2020)
Month 3.37 (11-Nov-2008 - 11-Dec-2008) -0.55 (25-Feb-2020 - 26-Mar-2020)
Quarter 5.08 (22-Oct-2008 - 21-Jan-2009) 0.27 (24-Dec-2019 - 24-Mar-2020)
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 6.86 0.55 2.84 6.45 0.79 2.52
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Money Market 6.93 0.78 3.08 8.34 0.69 2.47
Rank within category 11 9 10 9 9 9
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 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 64 77 55 27
Modified Duration (yrs) 0.41 0.60 0.32 0.44
Average Maturity (yrs) 0.43 0.66 0.34 0.43
Yield to Maturity (%) 5.48 7.47 5.48 4.35

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Indusind Bank 22/02/2021 Certificate of Deposit A1+ 0.00 - 6.43 5.39
equal HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 5.14 4.37
equal Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 4.36 3.66
new Motilal Oswal Financial 91-D 21/08/2020 Commercial Paper A1+ 0.00 - 2.97 2.97
new Larsen & Toubro 305-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.91 2.91
equal Axis Bank 18/09/2020 Certificate of Deposit A1+ 0.00 - 6.91 2.81
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 3.28 2.75
equal Tata Motors 364-D 06/11/2020 Commercial Paper A1+ 0.00 - 3.10 2.57
equal Union Bank of India 2020 Certificate of Deposit A1+ 0.00 - 2.86 2.42
equal Nabha Power 119-D 26/06/2020 Commercial Paper A1+ 0.00 - 2.73 2.26
equal Walwhan Renewables Energy 176-D 07/08/2020 Commercial Paper A1+ 0.00 - 2.69 2.24
equal L&T Finance Holdings 301-D 23/12/2020 Commercial Paper A1+ 0.00 - 2.61 2.19
equal Tata Capital Financial Services 365-D 09/02/2021 Commercial Paper A1+ 0.00 - 2.60 2.19
equal Mahindra & Mahindra 327-D 08/03/2021 Commercial Paper A1+ 0.00 - 2.58 2.19
new Tata Motors 248-D 25/01/2021 Commercial Paper A1+ 0.00 - 2.16 2.16
down Bank of Baroda 2020 Certificate of Deposit A1+ 1.89 - 5.78 1.89
new Motilal Oswal Finevest 91-D 14/08/2020 Commercial Paper A1+ 0.00 - 1.86 1.86
equal JSW Steel 176-D 08/09/2020 Commercial Paper A1+ 0.00 - 2.22 1.85
equal National Bank Agr. Rur. Devp 2021 Commercial Paper A1+ 0.00 - 2.19 1.84
equal LIC Housing Fin. 364-D 10/03/2021 Commercial Paper A1+ 0.00 - 2.16 1.82
equal JSW Steel 169-D 05/06/2020 Commercial Paper A1+ 0.00 - 2.13 1.78
equal HDFC Securities 181-D 28/07/2020 Commercial Paper A1+ 0.00 - 1.80 1.50
equal Punjab National Bank 19/08/2020 Certificate of Deposit A1+ 0.00 - 1.80 1.50
new JM Financial Services 91-D 14/08/2020 Commercial Paper A1+ 0.00 - 1.49 1.49
equal Nabha Power 182-D 28/08/2020 Commercial Paper A1+ 0.00 - 1.79 1.49

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-May-2020

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:


0.04%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 31.6720

Dividend Weekly: ₹ 11.7855

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Dividend Monthly: ₹ 12.4885

Dividend Daily: ₹ 10.3236


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: ₹ 13,222 Cr (As on 31-May-2020)
Expense: 0.82% (As on 31-May-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily30-Mar-20200.0028

 27-Mar-20200.0082
 26-Mar-20200.0006
 13-Mar-20200.0036
 12-Mar-20200.0012
 11-Mar-20200.0012
 09-Mar-20200.0027
 06-Mar-20200.0036
 05-Mar-20200.0012
 04-Mar-20200.0012
 03-Mar-20200.0015
 02-Mar-20200.0012
 28-Feb-20200.0039
 27-Feb-20200.0013
 26-Feb-20200.0022
 25-Feb-20200.0012
 24-Feb-20200.0012
 20-Feb-20200.0046
 18-Feb-20200.0023
 17-Feb-20200.0012
 14-Feb-20200.0035
 13-Feb-20200.0013
 12-Feb-20200.0012
 11-Feb-20200.0012
 10-Feb-20200.0017
Dividend Weekly27-Mar-20200.0140

 06-Mar-20200.0153
 28-Feb-20200.0069
 20-Feb-20200.0075
 14-Feb-20200.0104
 07-Feb-20200.0113
 31-Jan-20200.0086
 24-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
Dividend Monthly28-Feb-20200.0360

 31-Jan-20200.0360
 27-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

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: http://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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