This is a guest login. You can create a regular account or login to an existing one.

VR Logo

Unrated

SBI Corporate Bond Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 0.30 Lakh

Analyst's Choice?

Suitability:

Corporate Bond funds have a narrow mandate of investing mainly in the highest rated corporate bonds.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund -- 0.14 1.73 -- -- -- --
VR Bond -- -0.12 0.36 -- -- -- --
Debt: Corporate Bond -- 0.27 1.65 -- -- -- --
Rank within category -- 17 10 -- -- -- --
Number of funds in category 19 21 21 19 15 14 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 1.94 (01-Mar-2019 - 02-Apr-2019) -0.48 (02-Apr-2019 - 02-May-2019)
Quarter 4.26 (09-May-2019 - 08-Aug-2019) 1.53 (02-Apr-2019 - 02-Jul-2019)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 5.65 2.30 -0.06 -0.09 -- --
Debt: Corporate Bond* 5.48 4.11 0.53 0.94 0.48 -0.23
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-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 95 95 16 63
Modified Duration (yrs) 2.44 2.75 1.41 2.34
Average Maturity (yrs) 3.02 3.35 1.69 3.01
Yield to Maturity (%) 6.79 7.89 6.79 7.06

Value Research Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 5.78 5.78
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 7.83 5.55
equal 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 5.43 4.54
equal 6.80% HPCL 15/12/2022 Debenture AAA 0.00 - 4.47 4.04
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 3.44 3.10
new 7.41% Nabha Power 20/04/2022 Debenture AAA 0.00 - 2.81 2.81
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 7.19 2.55
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 0.00 - 6.53 2.31
equal 7.18% National Bank Agr. Rur. Devp 2022 Non Convertible Debenture AAA 0.00 - 2.72 2.22
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.00 - 2.92 2.10
equal 7.95% SIDBI 26/04/2022 Debenture AAA 0.00 - 4.61 2.09
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 8.36 2.04
up 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 3.16 1.99
new 7.40% REC 26/11/2024 Bonds/NCDs AAA 0.00 - 1.97 1.97
equal 8.35% REC 13/03/2022 Debenture AAA 0.00 - 5.04 1.97
equal 9.30% John Deere Financial India 25/09/2020 Non Convertible Debenture AAA 0.00 - 2.05 1.70
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.00 - 4.74 1.67
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 5.30 1.59
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 1.55 - 3.50 1.55
equal 7.61% HUDCO 22/06/2022 Debenture AAA 0.00 - 3.10 1.55
down 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 7.82 1.54
equal HPCL 14/08/2024 Debenture AAA 0.00 - 1.69 1.41
equal 8.81% SIDBI 25/01/2022 Debenture AAA 1.35 - 7.84 1.35
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 1.45 1.31
equal Reliance Retail Ltd. 28/03/2021 Securitised Debt AAA 0.00 - 1.49 1.27

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-Nov-2019

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:


-0.12%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 10.9534

Dividend Quarterly: ₹ 10.8006

Dividend Monthly: ₹ 10.4876


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 1% for redemption within 180 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Feb-2019
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 8,909 Cr (As on 30-Nov-2019)
Expense: 0.35% (As on 31-Oct-2019)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly29-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-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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM