SBI Floating Rate Debt Fund Direct Growth
DebtFloating RateLow to Moderate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,169 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 21-Nov-24, it has a Net Asset Value (NAV) of ₹12.79, Assets Under Management (AUM) of 1168.77 Crores, and an expense ratio of 0.26%.
- SBI Floating Rate Debt Fund Direct Growth has given a CAGR return of 6.23% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.43% in debts, and 5.13% 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
+8.49%
+8.30% (Cat Avg.)
3 Years
+6.73%
+6.41% (Cat Avg.)
Since Inception
+6.23%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹1,103.71 Cr | 94.43% |
| Others | ₹65.06 Cr | 5.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.98% Govt Stock 2031 | Bond - Gov't/Treasury | ₹474.32 Cr | 40.58% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹223.54 Cr | 19.13% |
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹110.82 Cr | 9.48% |
| Pipeline Infrastructure Pvt Ltd. | Bond - Corporate Bond | ₹78.75 Cr | 6.74% |
| Net Receivable / Payable | Cash - Collateral | ₹54.69 Cr | 4.68% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹50.7 Cr | 4.34% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹50.28 Cr | 4.30% |
| SMFG India Home Finance Co Ltd. | Bond - Corporate Bond | ₹40.12 Cr | 3.43% |
| HDB Financial Services Ltd. | Bond - Corporate Bond | ₹25.22 Cr | 2.16% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹25.11 Cr | 2.15% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.84 Cr | 2.13% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹5.16 Cr | 0.44% |
| Nagpur-Seoni Express Way Private Limited | Bond - Corporate Bond | ₹3.47 Cr | 0.30% |
| Treps | Cash - Repurchase Agreement | ₹1.74 Cr | 0.15% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹859.38 Cr | 73.53% |
| Bond - Corporate Bond | ₹247.79 Cr | 21.20% |
| Cash - Collateral | ₹54.69 Cr | 4.68% |
| Mutual Fund - Open End | ₹5.16 Cr | 0.44% |
| Cash - Repurchase Agreement | ₹1.74 Cr | 0.15% |
Risk & Performance Ratios
Standard Deviation
This fund
0.85%
Cat. avg.
1.13%
Lower the better
Sharpe Ratio
This fund
0.75
Cat. avg.
0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.56
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 November 2024
ISIN INF200KA1R64 | Expense Ratio 0.26% | Exit Load No Charges | Fund Size ₹1,169 Cr | Age 4 years | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 | 0.2% | 0.0% | ₹729.43 Cr | 9.7% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹729.43 Cr | 9.3% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹232.97 Cr | 9.8% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹232.97 Cr | 9.4% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹300.79 Cr | 8.3% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7820.98 Cr | 8.2% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹8674.64 Cr | 8.3% |
| HDFC Floating Rate Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14941.21 Cr | 8.7% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹300.79 Cr | 9.1% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13285.65 Cr | 8.3% |
About the AMC
SBI Mutual Fund
Total AUM
₹11,20,990 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of SBI Floating Rate Debt Fund Direct Growth?
What are the returns of SBI Floating Rate Debt Fund Direct Growth?
What is the portfolio composition of SBI Floating Rate Debt Fund Direct Growth?
Who manages the SBI Floating Rate Debt Fund Direct Growth?
- Rajeev Radhakrishnan
- Ardhendu Bhattacharya
- Pradeep Kesavan
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.