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As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
SBI Savings Fund
|
Moderate
|
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0.76 |
|||
Moderate
|
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0.35 |
||||
Low to Moderate
|
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0.40 |
||||
Low to Moderate
|
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0.32 |
||||
Moderate
|
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0.35 |
₹25,006 Cr
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500
500
500
12
Investment Strategy
The scheme seeks to provide the investors an opportunity to invest in money market instruments.
Suitability
"Money Market debt funds invest in bonds with a maturity of up to one 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 over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
SBI Savings Fund is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame.
Mutual funds can be bought directly from the website of the fund house. For instance, SBI Savings Fund fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of SBI Savings Fund is ₹39.4178 as of 23-Oct-2024.
The AUM of SBI Savings Fund Fund is ₹25,006 Cr as of 30-Sep-2024
The riskometer level of SBI Savings Fund is Moderate. See More
Company | Percentage of Portfolio |
---|---|
Axis Bank Ltd CD 04/09/2025 |
4.86
|
Kotak Mahindra Bank Ltd CD 11/06/2025 |
4.56
|
Canara Bank CD 13/03/2025 |
4.45
|
Union Bank of India CD 18/03/2025 |
3.67
|
Bank of India CD 13/03/2025 |
3.29
|
As of 30-Sep-2024, SBI Savings Fund had invested 102.05% in Debt and -2.05% in Cash & Cash Eq. See More
SBI Savings Fund is 20 years 3 months old. It has delivered 6.99% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.21%
|
5.91%
|
5.44%
|
5.95%
|
6.53%
|
6.99%
|
No, There is no lock in period in SBI Savings Fund.
The expense ratio of SBI Savings Fund is 0.76.