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Unrated

SBI Dual Advantage Fund Series XXIII - Regular Plan


Hybrid: Conservative Hybrid

1 Lakh

Investment Grown to
₹ 1.04 Lakh

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

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 2.02 0.01 0.07 0.37 1.55 1.66 4.13 -- -- -- --
VR MIP TRI -0.09 -0.04 0.75 2.53 7.50 -0.44 3.22 -- -- -- --
Hybrid: Conservative Hybrid 0.84 -0.06 0.28 1.38 3.98 0.43 4.49 -- -- -- --
Rank within category 23 9 58 61 63 22 39 -- -- -- --
Number of funds in category 66 69 69 69 69 66 64 37 3 0 0

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Dual Advantage Fund Series XXIII - Regular Plan
Unrated
Jul-17 4.13 -- -- 0.84 2,548
SBI Dual Advantage Fund Series XXV - Regular Plan
Unrated
Dec-17 4.59 -- -- 1.08 2,614
SBI Dual Advantage Fund Series XXIV - Regular Plan
Unrated
Oct-17 5.07 -- -- 1.08 2,487
SBI Dual Advantage Fund Series XXVI - Regular Plan
Unrated
Feb-18 6.41 -- -- 1.08 2,108
SBI Dual Advantage Fund Series XXVII - Regular Plan
Unrated
Mar-18 5.98 -- -- 1.08 1,127

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.04 (30-Mar-2018 - 06-Apr-2018) -2.80 (23-Apr-2019 - 30-Apr-2019)
Month 1.98 (28-Feb-2019 - 30-Mar-2019) -3.71 (16-Apr-2019 - 16-May-2019)
Quarter 3.45 (09-Oct-2018 - 08-Jan-2019) -3.58 (16-Apr-2019 - 16-Jul-2019)
Year 4.32 (24-Mar-2018 - 24-Mar-2019) -1.77 (24-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 6.06 6.50 0.12 0.13 -- --
Hybrid: Conservative Hybrid* 4.21 4.41 -0.20 -0.24 0.58 -1.54
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Value Research Equity Fund Style*

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 24.58 24.58
equal 7.28% Tata Motors 29/07/2020 Bonds/NCDs AA- 0.00 - 9.03 8.83
equal 8.53% Power Finance Corp. 24/07/2020 Bonds/Debentures AAA 8.66 - 9.05 8.66
new Reserve Bank of India 182-D 30/07/2020 Treasury Bills SOV 0.00 - 8.22 8.22
equal Tata Cleantech Capital Bonds/NCDs AAA 7.86 - 8.07 7.86
equal Orix Leasing & Financial Services Debenture AAA 3.93 - 4.01 3.93
equal 7.80% Shriram Transport Finance 17/07/2020 Debenture AA+ 3.91 - 3.97 3.92
equal Reserve Bank of India 364-D 09/07/2020 Treasury Bills SOV 0.00 - 3.93 3.92
equal National Bank Agr. Rur. Devp 22/07/2020 Certificate of Deposit A1+ 3.81 - 3.93 3.92
equal Hero FinCorp 2020 Debenture AA+ 3.50 - 3.64 3.64
equal 8.18% Andhra Pradesh State 21/07/2020 State Development Loan SOV 3.13 - 3.30 3.13
equal Axis Bank 29/07/2020 Certificate of Deposit A1+ 0.00 - 2.35 2.35
equal National Bank Agr. Rur. Devp 16/07/2020 Commercial Paper A1+ 0.00 - 1.97 1.96
new Reserve Bank of India 364-D 30/07/2020 Treasury Bills SOV 0.00 - 0.73 0.73
equal 8.19% Uttar Pradesh State 2020 State Development Loan SOV 0.20 - 0.21 0.20

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

Sector Allocation vis-à-vis Category

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As on 30-Jun-2020

*As on 31-May-2020

Fund Manager

— Rajeev Radhakrishnan since 10-Jul-2017

Education: Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.

Experience: Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Funds Managed:

— Ruchit Mehta since 10-Jul-2017

Education: Mr. Mehta is a B.Com (H), MSc (Finance) and CFA.

Experience: Prior to joining SBI AMC he has worked with HSBC AMC, ASK Raymond James & Associates Pvt. Ltd. and Prabhudas Lilladher Pvt. Ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 12-Jul-2020

Growth: ₹ 10.7520

Dividend: ₹ 10.7530


Investment Strategy

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme.

Tenure (Days) 1100
Maturity date 03-Aug-2020

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 31-Jul-2017
Return Since Launch: 2.48%
Benchmark: CRISIL Hybrid 85+15 Conservative
Riskometer: Moderately High
Type: Closed-end

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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