SBI Floating Rate Debt Fund Direct Growth
DebtFloating RateLow to Moderate Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,214 Cr
Expense Ratio
0.26%
ISIN
INF200KA1R64
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
27 Oct 2020
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.46, Assets Under Management (AUM) of 1214.33 Crores, and an expense ratio of 0.26%.
- SBI Floating Rate Debt Fund Direct Growth has given a CAGR return of 6.04% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 85.09% in debts, and 14.49% in cash & cash equivalents.
- You can start investing in SBI Floating Rate Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.55%
+6.82% (Cat Avg.)
3 Years
+6.35%
+5.57% (Cat Avg.)
Since Inception
+6.04%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹1,033.29 Cr | 85.09% |
| Others | ₹181.04 Cr | 14.91% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹641.95 Cr | 52.86% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹78.24 Cr | 6.44% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹59.92 Cr | 4.93% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹50.52 Cr | 4.16% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹50.41 Cr | 4.15% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹50 Cr | 4.12% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹49.95 Cr | 4.11% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹49.36 Cr | 4.06% |
| SMFG India Home Finance Co Ltd. | Bond - Corporate Bond | ₹40.03 Cr | 3.30% |
| Net Receivable / Payable | Cash - Collateral | ₹30.58 Cr | 2.52% |
| Treps | Cash - Repurchase Agreement | ₹30.41 Cr | 2.50% |
| Uttar Pradesh (Government of) 7.52% | Bond - Sub-sovereign Government Debt | ₹25.35 Cr | 2.09% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹24.85 Cr | 2.05% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹15 Cr | 1.24% |
| Nagpur-Seoni Express Way Private Limited | Bond - Corporate Bond | ₹12.66 Cr | 1.04% |
| Corporate Debt Market Development Fund-A2 | Mutual Fund - Open End | ₹5.09 Cr | 0.42% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹742.88 Cr | 61.18% |
| Bond - Corporate Bond | ₹380.01 Cr | 31.29% |
| Cash - Collateral | ₹30.58 Cr | 2.52% |
| Cash - Repurchase Agreement | ₹30.41 Cr | 2.50% |
| Bond - Sub-sovereign Government Debt | ₹25.35 Cr | 2.09% |
| Mutual Fund - Open End | ₹5.09 Cr | 0.42% |
Risk & Performance Ratios
Standard Deviation
This fund
0.85%
Cat. avg.
1.22%
Lower the better
Sharpe Ratio
This fund
0.77
Cat. avg.
-0.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.19
Higher the better
Fund Managers
Rajeev Radhakrishnan
Since October 2020
Ardhendu Bhattacharya
Since June 2021
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 15th July 2024
ISIN | INF200KA1R64 | Expense Ratio | 0.26% | Exit Load | No Charges | Fund Size | ₹1,214 Cr | Age | 27 Oct 2020 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Short Duration Debt A-II TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Floater Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹896.37 Cr | 8.8% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹896.37 Cr | 8.5% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹257.45 Cr | 8.8% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹257.45 Cr | 8.4% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹336.70 Cr | 7.8% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7823.19 Cr | 7.5% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹9801.55 Cr | 7.8% |
| HDFC Floating Rate Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹15103.11 Cr | 8.2% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹336.70 Cr | 8.6% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12592.35 Cr | 7.9% |
About the AMC
Total AUM
₹9,74,502 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of SBI Floating Rate Debt Fund Direct Growth?
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Who manages the SBI Floating Rate Debt Fund Direct Growth?
- Rajeev Radhakrishnan
- Ardhendu Bhattacharya
- Pradeep Kesavan
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