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Unrated

SBI Debt Fund Series C-14 (1122 Days) - Direct Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

Analyst's Choice?

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from 3 months to 5 years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

If you are looking to invest for a defined tenure during which you are sure you will not need to redeem your money, you may consider investing in an FMP of a matching duration. But avoid them if your investment horizon is more than 3 years. We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. That makes FMPs unsuitable.

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.98 0.03 0.25 0.44 1.85 3.32 7.09 -- -- -- --
CCIL T Bill Liquidity Weight 1.06 0.04 0.19 0.48 1.06 1.96 4.08 -- -- -- --
Debt: FMP 1.96 0.03 0.20 0.35 1.79 3.93 7.91 -- -- -- --
Rank within category 388 436 236 188 338 611 584 -- -- -- --
Number of funds in category 711 719 719 715 712 703 669 92 7 0 0

As on 03-Apr-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.42 (24-Mar-2020 - 31-Mar-2020) -0.85 (12-Mar-2020 - 19-Mar-2020)
Month 1.60 (03-Mar-2019 - 02-Apr-2019) -1.26 (17-Apr-2018 - 17-May-2018)
Quarter 3.32 (26-Sep-2018 - 26-Dec-2018) -0.12 (06-Apr-2018 - 06-Jul-2018)
Year 10.80 (25-Sep-2018 - 25-Sep-2019) 6.18 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.07 0.27 -5.49 -9.70 -- --
Debt: FMP* 7.20 1.52 1.34 1.96 2.61 5.52
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 31-Mar-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 18 -- 15
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.39% Rajasthan State 15/03/2021 State Development Loan SOV 12.36 - 13.09 12.36
equal Fullerton India Credit 2021 Debenture AAA 9.56 - 9.86 9.86
equal LIC Housing Fin. 25/03/2021 Debenture AAA 9.11 - 9.32 9.31
equal 7.65% SIDBI 15/04/2021 Debenture AAA 8.51 - 8.98 8.51
equal 7.68% HUDCO 2021 Debenture AAA 8.50 - 8.95 8.50
equal 7.75% Power Finance Corp. 15/04/2021 Debenture AAA 7.97 - 8.35 7.97
equal 7.70% REC 15/03/2021 Bonds/NCDs AAA 7.96 - 8.34 7.96
equal Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 5.64 5.62
equal National Bank Agr. Rur. Devp 21/01/2021 Commercial Paper A1+ 0.00 - 3.99 3.98
equal Equitas Small Finance Bank 28/12/2020 Certificate of Deposit A1+ 0.00 - 3.96 3.95
equal 8.25% L&T Finance 2021 Debenture AAA 3.17 - 8.87 3.17
equal 9.15% Export-Import Bank 18/03/2021 Bonds AAA 2.70 - 2.88 2.70
equal 7.65% IRFC 15/03/2021 Debenture AAA 2.66 - 2.81 2.66
equal 7.40% National Bank Agr. Rur. Devp 2021 Debenture AAA 2.65 - 2.79 2.65
equal IDFC First Bank 20/03/2020 Certificate of Deposit A1+ 2.60 - 2.63 2.61
equal Equitas Small Finance Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 2.62 2.61
equal Kotak Mahindra Bank 29/05/2020 Certificate of Deposit A1+ 0.00 - 1.04 1.03
equal Oriental Bank of Com. 24/12/2020 Certificate of Deposit A1+ 0.00 - 0.50 0.50

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 29-Feb-2020

Fund Manager

— Ranjana Gupta since 19-Mar-2018

Education: She is a Commerce graduate from Mumbai University

Experience: Ms Ranjana joined SBIFMPL in 2008 as Fixed Income Dealer and has over 21 years of experience in capital market. prior to joining SBIFMPL, She was heading the broking activities at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer in 1995 with OTCEI.

Funds Managed:

  • FMPs - since Feb 2017

0.03%

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

Growth: ₹ 11.5615

Dividend: ₹ 11.5614


Investment Strategy

The Scheme seeks to generate income by investing in debt and money market securities, which mature on or before the maturity of the scheme.

Tenure (Days) 1122
Maturity date 15-Apr-2021

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 21-Mar-2018
Return Since Launch: 7.38%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
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: 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

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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