CASPeR Ranking #65
SBI Credit Risk Fund Direct Plan Growth
NAV (Tue Sep 10 2024)
₹46
Returns (Since Inception)
7.09%
Category Average
9.36%
Rating
4
Allocation and Holdings
Asset class
Weightage
Unknown
45.97%
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Overall rating
Scheme Information
Fund name
SBI Credit Risk Fund Direct Plan Growth
Minimum SIP
500
Risk Level
High Risk
AUM
₹2370.34 Cr
ISIN
INF200K01SV4
Inception Date
Jan 01 2013
Standard Deviation
1.353
Beta
-
Sharpe Ratio
0.918
Benchmark
NIFTY Credit Risk Bond TR INR
Expense Ratio
0.890%
Exit Load
For exit within 12 months from the date of allotment: For 8% of the investment - Nil; For the remaining investment - 3%; For exit after 12 months but within 24 months from the date of allotment: For 8% of the investment - Nil; For the remaining investment - 1.5%; For exit after 24 months but within 36 months from the date of allotment: For 8% of the investment - Nil; For the remaining investment - 0.75%; For exit after 36 months from the date of allotment – Nil.
Risk
High Risk
Investment Objective
To provide the investors an opportunity to predominantly invest in corporate bonds rated AA and below(excluding AA+ rated corporate bonds) so as to generate attractive returns while maintaining moderate liquidity in the portfolio through investment in money market securities.
Fund Managers
Lokesh Mallya
About the AMC
SBI Funds Management Ltd
Phone Number
022 - 61793000Corporate Office Address
12/13, Maker Chamber VI,220, Nariman PointOverall AUM
₹2370.34 Cr
Website
www.sbimf.comPopular Fixed Income funds
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frequently asked questions
view all FAQsWhat is the current NAV of SBI Credit Risk Fund Direct Plan Growth?
The NAV of SBI Credit Risk Fund Direct Plan Growth is ₹46 as of Tue Sep 10 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of SBI Credit Risk Fund Direct Plan Growth?
Lokesh Mallya is the current fund manager of SBI Credit Risk Fund Direct Plan Growth as on Tue Sep 10 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of SBI Credit Risk Fund Direct Plan Growth?
The Expense Ratio of SBI Credit Risk Fund Direct Plan Growth is 89.00% as of Tue Sep 10 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 89.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of SBI Credit Risk Fund Direct Plan Growth?
The minimum Systematic Investment Plan (SIP) amount required for SBI Credit Risk Fund Direct Plan Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in SBI Credit Risk Fund Direct Plan Growth?
To initiate a lump sum investment in SBI Credit Risk Fund Direct Plan Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the SBI Credit Risk Fund Direct Plan Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of SBI Credit Risk Fund Direct Plan Growth is classified as High Risk.
What is the category of SBI Credit Risk Fund Direct Plan Growth?
The category of the SBI Credit Risk Fund Direct Plan Growth is Fixed Income.