SBI Savings Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Money Market Fund category.

The NAV for SBI Savings Fund Fund is 38.669 as of 11 Jul 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.55% annualized return for the last 3 years.

SBI Savings Fund has 3 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of SBI Savings Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of SBI Savings Fund is 18,187.19 Cr.

  • SBI Savings Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.76%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • SBI Savings Fund is an Debt oriented mutual fund in the - Money Market Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for SBI Savings Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 01 Jul 2004 as at present it is 20 years old fund.

  • Name of the AMC is SBI Mutual Fund. Click here to know more about SBI Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. SBI Savings Fund managed by following fund manager(s);

How does the Return Comparison of the SBI Savings Fund fare against peer funds in the Money Market fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by SBI Savings Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Money Market fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.39% 0.96% 5.50% 5.50% 7.35% 5.71% 5.12% 6.25% 69.50%
Category Average 0.34% 0.85% 4.60% 4.92% 6.86% 5.31% 4.80% 5.82% 12.02%
SBI Savings Fund 0.12% 0.61% 1.72% 3.66% - - - - - -
Nippon India Money Market Fund 0.13% 0.65% 1.81% 3.91% 7.57% 7.20% 6.10% 5.96% 6.89%
UTI Money Market Fund 0.13% 0.65% 1.81% 3.86% 7.56% 7.21% 6.08% 5.93% 6.88%
Kotak Money Market Fund 0.13% 0.64% 1.80% 3.88% 7.52% 7.12% 6.03% 5.82% 6.83%
Aditya Birla Sun Life Money Manager Fund 0.13% 0.65% 1.81% 3.91% 7.59% 7.23% 6.08% 6.07% 6.99%
Aditya Birla Sun Life Money Manager Fund 0.13% 0.65% 1.81% 3.91% 7.59% 7.23% 6.08% 6.07% 6.99%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of SBI Savings Fund are shown below;

Equity -

Debt 99.64%

Others 0.36%

Top Holdings

Name of the InstrumentHolding Percentage
LIC HOUSING FINANCE LIMITED 343D CP 12JUL24 4.78%
GOVERNMENT OF INDIA 32769 364 DAYS TBILL 22MR24 FV RS 100 3.70%
HDFC BANK LIMITED CD 13SEP24 3.54%
EXPORT IMPORT BANK OF INDIA 364D CP 22MAR24 3.40%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 366D CD 08MAR24 3.00%
Others 81.58%

Allocation by Instruments

Type of the InstrumentHolding Percentage
COMMERCIAL PAPER 18.68%
TREASURY BILLS 4.79%
CERTIFICATE OF DEPOSIT 21.81%
GOVERNMENT SECURITIES 6.93%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk