SBI Savings Fund Regular Plan Growth - Latest NAV ₹32.1002, Returns, Performance & Portfolio

SBI Savings Fund Regular Plan Growth

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Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.34 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.16%
5 Years7.15%
3 Years6.88%
1 Year6.16%
6 Months2.95%
Fund Details
RiskModerately Low risk
Fund TypeMoney Market
Exit Load0.1% for 3 Days

More about this fundstar

Top HoldingsWeightage
7.00% Govt Stock 20213.65%
182 DTB 250320213.16%
364 DTB 300320211.4%
182 Day T-Bill
364 DTB 090920211.15%
364 DTB 250320210.94%
364 DTB 240620210.93%
91 DTB 241220200.12%
182 DTB 191120200.04%
8.12% Govt Stock 20200%

About SBI Savings Fund

The scheme is an open-ended debt scheme investing in money market instruments as defined by regulators from time to time. The investment strategy is towards generating returns through money market instruments portfolio seeking to capture the term and credit spreads. The Scheme is benchmarked against Crisil 1 year T-Bill Index and NIFTY Money Market Index.

Pros & Cons of SBI Savings Fund

In the past three year and five-year horizon, the scheme has returned 18% and 20% returns while its peers have provided 13% and 17% returns in same horizon.

Benefits of SBI Savings Fund

The Scheme is an ultra-short term debt fund which offers instant redemption. These category of schemes are money market schemes, which invest in very short term fixed income securities like CPs, CDs, T bills etc. They are investment opportunities for funds lying idle in savings bank account. The Scheme has outperformed the category peers in all years from 2011 to 2015. The annualized returns, from 2011 to 2015 was more than 8%. The scheme continued its strong performance in 2016, delivering 8.4% returns and beating the category average by distance.

Fund Information and Statistics of SBI Savings Fund

i) Inception / Launch date

The Scheme was launched on 19 July 2004 and provided return of 7.46% return since inception (calculated based on regular growth plan).

ii) Risk level

The Scheme is moderately low risk proposition as the scheme only invests in money market instruments looking for regular income. These are the safest mutual funds and most liquid of all mutual fund investments.

iii) Redemption

Minimum redemption is Rs 500 or 50 units or account balance whichever is lower. The Scheme provides redemption and switch facility to investors on an on-going basis at each business day at applicable NAV subject to exit load.

iv) Fund Manager

The Scheme is currently being managed by Mr. R. Arun who is managing the Scheme since April 2012. Mr Arun has total experience of 12 years in stock market operations.

v) Entry / Exit load

0.10% exit load is charged if the units are redeemed within 3 business days from the date of allotment of units, no exit load is charged beyond 3 business days.

About SBI Mutual Fund

SBI Mutual Fund is India’s largest bank sponsored mutual fund and the fund has launched 38 schemes and successfully redeemed fifteen of them. Today, the fund house manages over Rs. 42,100 crores of corpus across 38 active schemes.

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.34 Lakhs in a period of 20 years
Moderately Low risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns