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Our Opinion
Riskometer
Moderate
₹14.0314 -0.10%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
SBI Floating Rate Debt Fund - Direct Plan
|
|
|
Moderate
|
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0.25 |
|
 |
|
Moderate
|
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0.27 |
||
|
|
Low to Moderate
|
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0.24 |
||
|
|
Low to Moderate
|
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0.30 |
||
 |
|
Moderate
|
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0.26 |
₹693 Cr
0.10 (3)
5,000
500
500
12
About SBI Floating Rate Debt Fund - Direct Plan
SBI Floating Rate Debt Fund - Direct Plan is a debt mutual fund scheme of SBI Mutual Fund. Launched on October 27, 2020, it is currently managed by Rajeev Radhakrishnan and Ardhendu Bhattacharya. The fund has an expense ratio of 0.25% with an overall AUM (Assets Under Management) of ₹693 Cr.
SBI Floating Rate Debt Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
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.
Suitability
Floater funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of SBI Floating Rate Debt Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, SBI Floating Rate Debt Fund - Direct Plan can be bought from the SBI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of SBI Floating Rate Debt Fund - Direct Plan, is ₹14.0314 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.02 18/06/2031 |
26.70
|
|
GOI Sec 6.01 21/07/2030 |
25.02
|
|
Rajasthan State SDL 7.44 25/02/2033 |
9.01
|
|
Gujarat State SDL 7.57 28/12/2031 |
7.42
|
|
Citi Corp Finance Ltd SR 817 RR Debenture 16/03/2027 |
7.21
|
Over the past five years, SBI Floating Rate Debt Fund - Direct Plan has delivered an annualised return of 6.63% as of 19-Mar-2026.
The minimum investment required to start investing in SBI Floating Rate Debt Fund - Direct Plan is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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