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SBI Banking and PSU Fund

Fund Manager
  • Mr. Rajeev Radhakrishnan

    Managing this fund since Nov 2013.

    Total experience 17 years .

    • Category
      DEBT
    • AUM ():
      8956.43 Cr as on 30 Sep 2020
    • Risk
      MODERATE
      riskometer
      • Regular income over medium term
      • Investment in Debt instruments predominantly issued by Banks PSUs , PFIs and Municipal bodies
    • Benchmark
      NIFTY Banking and PSU Debt Index
    • Exit Load
      Read more
    • Type of Scheme
      Read more
    • Launch Date
      October 09, 2009
    Returns

    as onSeptember 30, 2020

    8.28%

    * for Regular Growth

    Min Lumpsum ()

    5000 & in multiples of 1

    Min Additional Lumpsum ()

    1000 & in multiples of 1

    Investment Objective

    The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

    Investment Strategy

    An open-ended debt scheme predominantly investing in debt & money market securities issued by Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(09/10/2009)
    SBI Banking and PSU Fund9.79%8.62%8.24%8.28%
    Scheme Benchmark: - NIFTY Banking and PSU Debt Index
    10.24%7.75%8.01%8.27%
    Additional Benchmark: - Crisil 1 Yr T-Bill Index
    6.39%6.87%6.81%6.63%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(09/10/2009)
    SBI Banking and PSU Fund 10979 12822.76 14863.15 23950.58
    Scheme Benchmark: - NIFTY Banking and PSU Debt Index
    11024 12514.06 14707.4 23928.6
    Additional Benchmark: - Crisil 1 Yr T-Bill Index
    10639 12209.34 13904.74 20240.9
    Notes:
    • Different plans shall have different expense structure. In case of return calculated the dividend option, it is assumed that dividend declared under the schemes have been reinvested at the prevailing NAV
    • Past performance may or may not be sustained in future and same may not necessarily provide the basis for comparison with other investment
    • Load is not considered for computation of returns
    • Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns
    • The data of the last working day has been considered for the calculation of performance
    • Wherever TRI data since inception for benchmarks is not available, benchmark performance is calculated using composite of CAGR and TRI values of the benchmark
    • The performance of the schemes is benchmarked to the Total Return variant of the Index
    • To view other open ended funds managed by the fund manager go to the Fund Manager section
    as on
    Quantitative Data As on 30-Sep-2020
    Expense Ratio**: 0.81
    Modified Duration: 3.18
    Average Maturity: 3.92 years
    Yield To Maturity: 5.70

    **Expense ratio exclusive of Service Tax on Management Fees

    Portfolio Holdings

    As on  30/09/2020
    Stock Name (%) Of Total AUM
    GOVERNMENT OF INDIA 21.99
    REC LTD. 7.03
    CASH, CASH EQUIVALENTS AND OTHERS 6.68
    INDIAN RAILWAY FINANCE CORPORATION LTD. 5.06
    POWER FINANCE CORPORATION LTD. 5.04
    AXIS BANK LTD. 4.72
    STATE BANK OF INDIA( TIER II BOND UNDER BASEL III ) 4.62
    NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 4.54
    INDIAN BANK( TIER II BOND UNDER BASEL III ) 3.78
    AIR INDIA ASSETS HOLDING LTD. 3.77

    Sectoral Breakdown (in %)

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    Investor Also Viewed
    Dear Investor, Following is an update on change in cut-off timings for Mutual Fund transactions basis SEBI/AMFI communication w.e.f. 19-Oct-20. Purchase - Liquid & Overnight schemes: 12.30 pm; Debt & Conservative Hybrid schemes: 1.00 pm; All other schemes: 3.00 pm. Redemption - Liquid, Overnight, Debt & Conservative Hybrid schemes: 1.00 pm; All other schemes 3.00 pm. Switch - Equity to Equity scheme: 3.00 pm and for all other schemes switches: 1.00 pm. Click here to read the addendum.