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3 star

SBI Corporate Bond Fund - Direct Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 2.87 0.01 0.08 0.11 1.20 2.62 4.24 -- -- -- --
VR Bond 1.74 0.04 0.00 -0.30 1.37 1.73 2.96 -- -- -- --
Debt: Corporate Bond 3.30 0.01 0.02 0.01 1.22 2.74 4.69 -- -- -- --
Rank within category 17 14 4 5 12 13 15 -- -- -- --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 0

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Corporate Bond Fund - Direct Plan
3 star
Feb-19 4.24 -- -- 0.35% 25,517
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 5.12 9.22 8.10 0.30% 22,271
ICICI Prudential Corporate Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.12 8.88 7.90 0.27% 20,980
Kotak Corporate Bond Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 5.03 8.48 7.97 0.32% 10,541
Nippon India Corporate Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.05 8.16 7.68 0.22% 3,977

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.01 24-Mar-2020 - 31-Mar-2020 -2.18 12-Mar-2020 - 19-Mar-2020
Month 4.17 24-Mar-2020 - 23-Apr-2020 -2.52 20-Feb-2020 - 23-Mar-2020
Quarter 7.13 24-Mar-2020 - 24-Jun-2020 -0.73 15-Dec-2020 - 16-Mar-2021
Year 12.94 02-Jul-2019 - 01-Jul-2020 4.15 20-Oct-2020 - 20-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.81 2.11 1.36 1.85 -- --
Debt: Corporate Bond* 8.57 2.49 2.10 3.64 0.62 2.85
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-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 163 169 150 93
Modified Duration (yrs) 1.69 3.10 1.69 2.15
Average Maturity (yrs) 2.26 3.71 2.21 2.77
Yield to Maturity (%) 4.73 5.24 4.53 5.02
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 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 2.94 - 3.42 3.42
down 5.22% GOI 15/06/2025 GOI Securities SOV 1.58 - 7.99 3.09
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 2.52 2.52
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 2.35 2.35
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 2.27 2.27
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 1.76 - 2.08 2.08
down 6.24% State Bank of India Additional Tier 2 Bond AAA 2.03 - 3.41 2.03
equal 4.64% Oil & Natural Gas Corporation 21/11/2023 Debenture AAA 1.68 - 1.96 1.96
down 5.40% HDFC 2023 Bonds/NCDs AAA 0.83 - 2.22 1.90
equal 7.40% Reliance Industries 25/04/2025 Non Convertible Debenture AAA 0.89 - 1.89 1.89
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 1.58 - 1.84 1.84
equal 6.18% GOI 2024 GOI Securities SOV 1.22 - 1.83 1.83
down 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 1.63 - 1.86 1.75
down 5.47% Power Finance Corporation 19/08/2023 Debenture AAA 1.69 - 2.34 1.69
equal 7.33% Sundaram Finance 22/04/2022 Debenture AAA 0.00 - 1.53 1.53
down 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 3.68 1.47
equal 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 1.23 - 1.44 1.44
equal 6.19% Mahindra & Mahindra 2025 Debenture AAA 1.21 - 1.40 1.40
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 1.54 1.36
equal 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 1.14 - 1.33 1.33
down 5.80% National Housing Bank 15/05/2023 Debenture AAA 1.20 - 1.37 1.20
equal 5.45% Tata Capital Housing Finance 14/04/2023 Debenture AAA 0.00 - 1.18 1.18
equal 5.83% State Bank of India Additional Tier 2 Bond AAA 0.98 - 1.16 1.16
equal 8.10% Tata Capital Housing Finance 14/01/2023 Non Convertible Debenture AAA 0.98 - 1.14 1.14
equal 6.59% Indian Railway Finance Corporation 14/04/2023 Debenture AAA 0.92 - 1.07 1.07

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 30-Sep-2021


0.01%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 12.5810

IDCW Quarterly: ₹ 12.2305

IDCW Monthly: ₹ 11.8752


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Feb-2019
Return Since Launch: 8.80%
Benchmark: NIFTY Corporate Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 25,517 Cr (As on 30-Sep-2021)
Expense: 0.35% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
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
IDCW 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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