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2 star

SBI Savings Fund


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

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."

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 0.24 0.01 0.05 0.32 0.83 1.63 3.43 5.44 5.94 6.60 7.41
CCIL T Bill Liquidity Weight 0.12 0.00 0.02 0.17 0.52 1.02 2.09 3.06 3.49 3.89 4.42
Debt: Money Market 0.24 0.01 0.05 0.32 0.86 1.72 3.55 5.62 6.10 6.66 7.44
Rank within category 10 12 13 10 12 14 12 10 10 10 10
Number of funds in category 20 20 20 20 20 18 18 14 12 12 12

As on 25-Jan-2022

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
2 star
Jul-04 3.43 5.44 5.94 0.76% 23,354
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 3.98 6.05 6.58 0.33% 16,014
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 3.87 6.02 6.40 0.35% 14,598
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 3.77 5.80 6.36 0.33% 12,079
UTI Money Market Fund - Regular Plan  | Invest Online
4 star
Jul-09 3.87 5.80 6.39 0.25% 7,203

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.30 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.42 0.70 2.41 6.77 1.33 2.49
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Money Market 5.69 0.90 2.38 7.04 1.57 2.90
Rank within category 11 6 9 10 5 11
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-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 83 100 60 39
Modified Duration (yrs) 0.27 0.43 0.21 0.22
Average Maturity (yrs) 0.27 0.45 0.22 0.22
Yield to Maturity (%) 4.07 4.07 3.64 3.89
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 9.90 7.85
new Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 5.72 5.72
new Adani Ports and Special Economic Zone 91-D 28/03/2022 Commercial Paper A1+ 0.00 - 3.39 3.39
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.62 3.19
equal Reserve Bank of India 91-D 24/02/2022 Treasury Bills SOV 0.00 - 2.98 2.98
new LIC Housing Fin. 135-D 11/05/2022 Commercial Paper A1+ 0.00 - 2.74 2.74
equal M&M Financial Services 183-D 14/01/2022 Commercial Paper A1+ 0.00 - 2.14 2.14
equal Reserve Bank of India 91-D 17/02/2022 Treasury Bills SOV 0.00 - 2.13 2.13
equal HDFC 336-D 24/02/2022 Commercial Paper A1+ 0.00 - 2.42 2.13
equal National Bank Agr. Rur. Devp 2022 Commercial Paper A1+ 0.00 - 2.42 2.13
equal BHEL 88-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.13 2.13
new Vedanta 88-D 25/03/2022 Commercial Paper A1+ 0.00 - 2.12 2.12
equal Jamnagar Utilities and Power 242-D 20/06/2022 Commercial Paper A1+ 0.00 - 2.10 2.10
equal Reliance Jio Infocomm 230-D 07/06/2022 Commercial Paper A1+ 0.00 - 2.10 2.10
new Indusind Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 2.10 2.10
new Indusind Bank 17/06/2022 Certificate of Deposit A1+ 0.00 - 2.10 2.10
new IDFC First Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 2.10 2.10
equal HDFC-Warrant 342-D 28/02/2022 Commercial Paper A1+ 0.00 - 1.96 1.92
equal Sikka Ports and Terminals 242-D 20/06/2022 Commercial Paper A1+ 0.00 - 1.89 1.89
equal Tata Motors 284-D 31/01/2022 Commercial Paper A1+ 0.00 - 1.75 1.71
new L&T Metro Rail (Hyderabad) 182-D 30/06/2022 Commercial Paper A1+ 0.00 - 1.67 1.67
new L&T Metro Rail (Hyderabad) 90-D 30/03/2022 Commercial Paper A1+ 0.00 - 1.48 1.48
equal ICICI Securities 147-D 13/04/2022 Commercial Paper A1+ 0.00 - 1.48 1.48
equal 8.99% Madhya Pradesh State 2022 State Development Loan SOV 0.00 - 1.57 1.47
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 4.12 1.42

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-2021

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 25-Jan-2022

Growth: ₹ 33.4553

IDCW Weekly: ₹ 12.4494

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IDCW Monthly: ₹ 13.1919

IDCW Daily: ₹ 10.9051


Investment Strategy

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

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0.1% for redemption within 3 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 14-Jul-2004
Return Since Launch: 7.13%
Benchmark: NIFTY Money Market Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 23,354 Cr (As on 31-Dec-2021)
Expense: 0.76% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW 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
IDCW 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
IDCW 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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