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Unrated

SBI Corporate Bond Fund - Regular Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable 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 7.79 0.05 -0.07 0.00 3.67 5.77 10.93 -- -- -- --
VR Bond 5.79 0.04 -0.15 0.18 2.04 4.35 7.12 -- -- -- --
Debt: Corporate Bond 7.07 0.07 -0.01 -0.21 3.49 5.10 10.07 -- -- -- --
Rank within category 9 15 15 13 14 8 9 -- -- -- --
Number of funds in category 20 20 20 20 20 20 20 15 13 10 8

As on 13-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Corporate Bond Fund - Regular Plan
Unrated
Feb-19 10.93 -- -- 0.84 23,354
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 11.66 8.90 9.04 0.45 21,271
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 11.27 8.82 9.07 0.60 20,062
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
Jun-09 11.09 8.42 8.63 0.59 17,389
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
5 star
Sep-07 9.94 8.58 8.53 0.61 5,267

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.00 (24-Mar-2020 - 31-Mar-2020) -2.19 (12-Mar-2020 - 19-Mar-2020)
Month 4.12 (24-Mar-2020 - 23-Apr-2020) -2.56 (20-Feb-2020 - 23-Mar-2020)
Quarter 6.99 (24-Mar-2020 - 24-Jun-2020) -0.60 (23-Dec-2019 - 23-Mar-2020)
Year 12.38 (02-Jul-2019 - 01-Jul-2020) 6.73 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.81 1.95 0.81 1.77 -- --
Debt: Corporate Bond* 7.25 2.85 1.10 2.20 0.60 1.07
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-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 138 138 79 79
Modified Duration (yrs) 2.97 2.97 2.18 --
Average Maturity (yrs) 3.60 3.60 2.61 --
Yield to Maturity (%) 5.64 7.21 5.64 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 9.80 9.80
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 5.97 5.97
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 5.52 5.52
equal 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 5.95 2.57
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 1.91 - 5.78 2.31
equal 6.39% Indian Oil Corp. 2025 Debenture AAA 0.00 - 4.11 2.27
up 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 2.09 2.09
equal 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 2.51 1.80
up 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 1.61 1.61
up 9.25% Reliance Jio Infocomm 16/06/2024 Debenture AAA 0.00 - 1.70 1.61
equal 6.80% HPCL 15/12/2022 Debenture AAA 0.00 - 4.47 1.60
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.58 1.58
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 3.22 1.57
equal 6.19% Mahindra & Mahindra 2025 Debenture AAA 0.00 - 2.18 1.54
up 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 0.00 - 1.47 1.47
equal 6.72% Odisha State 16/10/2024 State Development Loan SOV 0.00 - 1.90 1.35
equal 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 0.00 - 1.83 1.30
equal 8.90% State Bank of India 2028 Non Convertible Debenture AAA 0.72 - 1.83 1.30
up 8.10% Tata Capital Housing Finance 14/01/2023 Non Convertible Debenture AAA 0.00 - 1.88 1.25
equal 7.44% Bank of Baroda 2030 Debenture AAA 0.00 - 2.36 1.13
new 5.80% National Housing Bank 15/05/2023 Debenture AAA 0.00 - 1.10 1.10
new 7.50% Volkswagen Finance 2020 Debenture AAA 0.00 - 1.07 1.07
equal 7.41% Nabha Power 20/04/2022 Debenture AAA 0.00 - 2.81 1.01
equal 9.22% Tata Capital 2022 Debenture AAA 0.00 - 2.33 1.00
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 1.67 0.92

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-Jul-2020

*As on 30-Jun-2020

Fund Manager

— Rajeev Radhakrishnan since 16-Jan-2019

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:


0.05%

Change from previous, NAV as on 13-Aug-2020

Growth: ₹ 11.8129

Dividend Quarterly: ₹ 11.4774

Dividend Monthly: ₹ 11.1491


Investment Strategy

The scheme seeks to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load For units in excess of 4% of the investment,1% will be charged for redemption within 180 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Feb-2019
Return Since Launch: 11.49%
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 23,354 Cr (As on 31-Jul-2020)
Expense: 0.84% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
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
Dividend Quarterly27-Dec-20190.1153

 27-Sep-20190.1080

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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