1 Year Return
as 17th Jan 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||Dinesh Ahuja, Ruchit Mehta|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderate Risk|
|State Bank Of India||9.95%|
|Net Receivable / Payable||6.00%|
|The Tata Power Company Limited||5.22%|
|ICICI Bank Limited||4.77%|
It is a hybrid mutual fund scheme that was launched by SBI mutual fund. , it was introduced on 9th April 2001 to its investors. Currently, the fund is managed by Mehta, and Dinesh Ahuja. Also, the fund growth is rated moderate risk. The minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.
The objective of this scheme is to provide liquidity, attractive returns, and regular income to the investors through an actively managed portfolio of equity, debt & equity market instruments. Income may be generated through the amortization of the discount on the debt instruments, the receipt of coupon payments, purchase/sale of securities in the underlying portfolio.
The returns are better if invested for more than 10 years.
1-year returns are higher than the benchmark
SBI Mutual Funds is a joint venture between the largest bank State Bank of India and a European asset management company, named . The SBI mutual fund company was constituted as a Trust under the provision of Indian Trust Act 1882 particularly registered with SEBI (The Securities and Exchange Board of India). The headquarters are based out of Mumbai, India.