This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharper ups and downs because of changes in interest rates.
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:
|CCIL All Sovereign Bond - TRI||8.07||-0.14||0.08||1.84||4.28||8.63||14.71||9.75||9.92||8.44||9.08|
|Debt: Gilt with 10 year Constant Duration||7.79||-0.21||-0.35||1.98||4.80||8.05||15.12||9.85||10.42||10.85||9.71|
|Rank within category||4||3||3||4||4||4||4||3||3||2||1|
|Number of funds in category||5||5||5||5||5||5||5||5||4||2||2|
As on 01-Jun-2020
|Best (Period)||Worst (Period)|
|Week||4.63 (11-Dec-2008 - 18-Dec-2008)||-5.08 (02-Jan-2009 - 09-Jan-2009)|
|Month||8.88 (18-Nov-2008 - 18-Dec-2008)||-4.10 (02-Jan-2009 - 03-Feb-2009)|
|Quarter||13.48 (03-Oct-2008 - 02-Jan-2009)||-4.31 (05-Jan-2009 - 06-Apr-2009)|
|Year||18.72 (11-Sep-2018 - 11-Sep-2019)||-3.83 (02-Jan-2009 - 04-Jan-2010)|
|CCIL All Sovereign Bond - TRI||9.55||4.83||0.86||1.96||--||--|
|Debt: Gilt with 10 year Constant Duration||9.67||4.25||1.07||2.73||0.80||0.93|
|Rank within category||3||1||2||2||1||2|
|Number of funds in category||5||5||5||5||5||5|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||5||5||3||4|
|Modified Duration (yrs)||6.46||6.79||6.36||--|
|Average Maturity (yrs)||9.54||9.90||9.52||--|
|Yield to Maturity (%)||6.23||7.31||6.23||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.26% GOI 14/01/2029||GOI Securities||SOV||23.57 - 66.45||41.79|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 29.85||26.00|
|7.88% GOI 19/03/2030||GOI Securities||SOV||0.00 - 25.57||21.70|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 3.53||3.53|
|7.17% GOI 2028||GOI Securities||SOV||0.00 - 1.81||1.73|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
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The scheme seeks to provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.
|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|
|Fund House:||SBI Mutual Fund|
|Return Since Launch:||8.39%|
|Benchmark:||CRISIL 10-Year Gilt|
|Assets:||₹ 609 Cr (As on 30-Apr-2020)|
|Expense:||0.64% (As on 30-Apr-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
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
Email: [email protected]
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
Email: [email protected]