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SBI Floating Rate Debt Fund - Regular Plan download report


Debt: Floater

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.

They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

If you do decide to invest in them, remember that 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
SBI Floating Rate Debt Fund Reg-G 1.48 0.09 0.20 0.44 0.46 1.48 3.57 -- -- -- --
CCIL T Bill Liquidity Weight 0.91 0.05 0.07 0.27 0.34 0.91 1.99 -- -- -- --
Debt: Floater 1.01 0.03 0.15 0.19 0.14 1.01 2.91 -- -- -- --
Rank within category 3 1 2 1 3 3 2 -- -- -- --
Number of funds in category 12 12 12 12 12 12 10 7 5 5 5

As on 01-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Floating Rate Debt Fund - Regular Plan
Unrated
Oct-20 3.57 -- -- 0.46% 2,475
HDFC Floating Rate Debt Fund  | Invest Online
Unrated
Oct-07 3.09 6.16 6.61 0.48% 18,174
ICICI Prudential Floating Interest Fund  | Invest Now
Unrated
Nov-05 1.86 5.83 6.15 1.33% 15,667
Aditya Birla Sun Life Floating Rate Fund - Retail Plan  | Invest Online
Unrated
Jun-03 3.69 6.08 6.63 0.28% 14,069
Aditya Birla Sun Life Floating Rate Fund  | Invest Online
Unrated
Mar-09 3.69 6.08 6.63 0.48% 14,069

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.53 17-Dec-2020 - 24-Dec-2020 -0.53 29-Apr-2022 - 06-May-2022
Month 1.17 02-Dec-2020 - 01-Jan-2021 -0.40 06-Apr-2022 - 06-May-2022
Quarter 1.76 04-Nov-2020 - 03-Feb-2021 0.07 08-Jan-2021 - 09-Apr-2021
Year 4.58 09-Nov-2020 - 09-Nov-2021 3.17 14-Jun-2021 - 14-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI Floating Rate Debt Fund Reg-G -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 2.69 0.37 -2.20 -4.41 -- --
Debt: Floater* 5.73 1.52 1.51 2.92 1.35 3.37
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-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 50 50 15 73
Modified Duration (yrs) 0.72 1.10 0.43 1.02
Average Maturity (yrs) 1.42 5.23 1.37 2.26
Yield to Maturity (%) 5.86 5.86 4.34 6.01
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
down 6.51% GOI 2024 GOI Securities SOV 6.77 - 23.10 17.90
equal Cholamandalam Investment & Finance Company 2024 Debenture AA+ 0.00 - 8.17 8.17
equal 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 7.71 7.71
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 0.00 - 6.80 6.80
equal Reserve Bank of India 182-D 15/09/2022 Treasury Bills SOV 0.00 - 5.97 5.97
equal ICICI Securities 171-D 26/09/2022 Commercial Paper A1+ 0.00 - 5.95 5.95
equal Export-Import Bank 184-D 30/09/2022 Certificate of Deposit A1+ 0.00 - 5.56 5.56
down Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 8.21 4.18
equal 4.96% LIC Housing Fin. 14/09/2023 Non Convertible Debenture AAA 0.00 - 3.96 3.96
equal 5.86% Tata Capital Housing Finance 23/02/2024 Debenture AAA 0.00 - 3.95 3.95
equal HDFC Bank 26/09/2022 Certificate of Deposit A1+ 0.00 - 2.98 2.98
equal 10.35% Torrent Power 25/03/2023 Debenture AA+ 0.00 - 2.91 2.91
equal HDFC 30/09/2024 Debenture AAA 0.00 - 2.03 2.03
equal 5.45% LIC Housing Fin. 25/08/2023 Bonds/NCDs AAA 0.00 - 1.99 1.99
new Larsen & Toubro 134-D 30/09/2022 Commercial Paper A1+ 0.00 - 1.98 1.98
equal 8.24% Madhya Pradesh State 24/12/2024 State Development Loan SOV 0.00 - 8.78 1.25
equal 6.98% National Bank Agr. Rur. Devp 19/09/2022 Debenture AAA 0.00 - 1.22 1.22
equal 8.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 1.21 1.21
new 8.21% Haryana State 31/03/2023 State Development Loan SOV 0.00 - 1.02 1.02
equal REC 13/12/2022 Debenture AAA 0.00 - 1.02 1.02
equal 8.38% Karnataka State 31/10/2022 State Development Loan SOV 0.00 - 1.40 1.02
equal Hindustan Petroleum Corporation 14/08/2024 Debenture AAA 0.00 - 1.01 1.01
equal 5.90% Bharti Hexacom 30/04/2024 Debenture AA+ 0.00 - 0.99 0.99
equal Tata Capital Housing Finance 19/07/2024 Debenture AAA 0.00 - 1.61 0.61
equal 9.69% Jharkhand State 2024 State Development Loan SOV 0.00 - 1.19 0.42

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-May-2022

Fund Manager

— Ardhendu Bhattacharya since 30-Jun-2021

Education: Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering.

Experience: Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.

Funds Managed:


0.09%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 10.6700

IDCW Quarterly: ₹ 10.6707

IDCW Monthly: ₹ 10.6708


Investment Strategy

The scheme seeks to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.1% for redemption within 3 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 27-Oct-2020
Return Since Launch: 3.94%
Benchmark: NIFTY Short Duration Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,475 Cr (As on 31-May-2022)
Expense: 0.46% (As on 31-May-2022)
Risk Grade: --
Return Grade: --

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

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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