SBI Corporate Bond Fund - Growth - Regular Plan

Item: SBI Corporate Bond Fund - Growth - Regular Plan
Rating: 4
Author: PersonalFN

₹12.5364 0.07 %Nav, as on 01-07-2022
Previous Nav
₹ 12.5281
Net Change on 01-07-2022
₹0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 16,375.94
Expense Ratio
0.79%
(As on May 31, 2022)

Fund Overview Growth | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
01-Feb-2019
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
12.22
52 Week Low Nav Date
06-Jul-2021
52 Week High Nav (₹)
12.59
52 Week High Nav Date
05-Apr-2022

Fund Objective

The investment objective of the scheme is to provide the investors an opportunity to predominantlyinvest in corporate bonds rated AA+ and above to generate additional spread on part of their debtinvestments from high quality corporate debt securities while maintaining moderate liquidity in theportfolio through investment in money market securities.However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	2.31	6.72	6.92	0.60	22,197.47
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	3.08	6.72	6.78	0.58	17,437.86
IDFC Corporate Bond Fund - Regular Growth	Jan 12, 2016	2.27	6.31	6.45	0.60	17,068.59
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	2.92	6.99	7.13	0.46	16,866.44
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	2.96	6.28	6.79	0.66	9,453.52

Fund Holdings as on 31-May-2022

Company % Assets
Air India Assets Holding Ltd.
5.21
TREPS
4.17
L&T Metro Rail (Hyderabad) Ltd. [Guaranteed by Larsen & Toubro Limited]
3.53
State Bank of India( Tier II Bond under Basel III )
3.09
Larsen & Toubro Ltd.
2.93
Reliance Industries Ltd.
2.53
8.83% CGL 2023
2.53
5.22% CGL 2025
2.48
National Bank for Agriculture and Rural Development
2.41
Net Receivable / Payable
2.35
National Bank for Agriculture and Rural Development
2.26
Hindustan Petroleum Corporation Ltd.
2.18
Mahindra & Mahindra Ltd.
2.13
4.26% CGL 2023
2.10
6.18% CGL 2024
1.93
National Housing Bank
1.82
Tata Capital Housing Finance Ltd.
1.72
Mahindra & Mahindra Ltd.
1.68
Indian Railway Finance Corporation Ltd.
1.62
Tata Capital Financial Services Ltd.
1.51
TATA Capital Ltd.
1.37
Summit Digitel Infrastructure Pvt. Ltd.
1.32
John Deere Financial India Pvt. Ltd.
1.32
7.68% CGL 2023
1.21
Larsen & Toubro Ltd.
1.20
Export-Import Bank of India
1.19
Small Industries Development Bank of India
1.19
Power Finance Corporation Ltd.
1.11
REC Ltd.
1.08
Toyota Financial Services India Ltd.
1.07
LIC Housing Finance Ltd.
1.02
National Housing Bank
0.97
Reliance Industries Ltd.
0.96
REC Ltd.
0.95
Tata Capital Financial Services Ltd.
0.91
Sundaram Finance Ltd.
0.90
Mahindra & Mahindra Financial Services Ltd.
0.89
Tata Capital Housing Finance Ltd.
0.88
Bajaj Finance Ltd.
0.84
Hindustan Petroleum Corporation Ltd.
0.83
Oil & Natural Gas Corporation Ltd.
0.83
Reliance Industries Ltd.
0.80
5.63% CGL 2026
0.78
TATA Capital Ltd.
0.77
Housing Development Finance Corporation Ltd.
0.77
Housing Development Finance Corporation Ltd.
0.76
REC Ltd.
0.74
6.30% CGL 2023
0.73
Reliance Industries Ltd.
0.70
Small Industries Development Bank of India
0.62
TATA Capital Ltd.
0.62
Reliance Industries Ltd.
0.61
India Grid Trust
0.61
National Bank for Agriculture and Rural Development
0.61
LIC Housing Finance Ltd.
0.61
Power Finance Corporation Ltd.
0.60
8.28% State Government of Maharashtra 2025
0.60
Kotak Mahindra Prime Ltd.
0.59
LIC Housing Finance Ltd.
0.59
National Bank for Agriculture and Rural Development
0.58
Kotak Mahindra Prime Ltd.
0.54
National Bank for Agriculture and Rural Development
0.51
Indian Railway Finance Corporation Ltd.
0.47
Power Finance Corporation Ltd.
0.46
Housing and Urban Development Corporation Ltd.
0.46
REC Ltd.
0.46
National Bank for Agriculture and Rural Development
0.46
NTPC Ltd.
0.46
REC Ltd.
0.45
State Bank of India( Tier II Bond under Basel III )
0.45
National Bank for Agriculture and Rural Development
0.45
Power Finance Corporation Ltd.
0.43
REC Ltd.
0.37
REC Ltd.
0.36
REC Ltd.
0.31
7.89% State Government of Gujarat 2025
0.31
National Bank for Agriculture and Rural Development
0.31
REC Ltd.
0.31
7.16% CGL 2023
0.31
Reliance Industries Ltd.
0.31
National Bank for Agriculture and Rural Development
0.31
National Housing Bank
0.31
Power Finance Corporation Ltd.
0.31
Indian Railway Finance Corporation Ltd.
0.30
Bajaj Finance Ltd.
0.30
5.80% State Government of Maharashtra 2025
0.30
Power Finance Corporation Ltd.
0.25
Kotak Mahindra Prime Ltd.
0.24
GOI 17.12.2024 GOV
0.23
Larsen & Toubro Ltd.
0.22
Power Finance Corporation Ltd.
0.18
Reliance Industries Ltd.
0.17
Housing Development Finance Corporation Ltd.
0.17
8.27% State Government of Rajasthan 2022
0.16
Power Finance Corporation Ltd.
0.16
NHPC Ltd.
0.16
Hindustan Petroleum Corporation Ltd.
0.16
India Grid Trust
0.15
Export-Import Bank of India
0.15
Reliance Industries Ltd.
0.15
Small Industries Development Bank of India
0.15
Housing and Urban Development Corporation Ltd.
0.15
National Housing Bank
0.15
Small Industries Development Bank of India
0.15
Bajaj Finance Ltd.
0.15
National Housing Bank
0.15
NHPC Ltd.
0.15
5.77% State Government of Gujarat 2025
0.15
Hindustan Petroleum Corporation Ltd.
0.15
National Bank for Agriculture and Rural Development
0.15
Housing and Urban Development Corporation Ltd.
0.14
REC Ltd.
0.13
REC Ltd.
0.10
Bajaj Housing Finance Ltd.
0.10
Axis Bank Ltd.
0.10
HDFC Bank Ltd.
0.10
Power Grid Corporation of India Ltd.
0.06
Power Grid Corporation of India Ltd.
0.06
Reliance Industries Ltd.
0.06
Power Grid Corporation of India Ltd.
0.06
LIC Housing Finance Ltd.
0.04
GOI 17.12.2022 GOV
0.02
Sikka Ports & Terminals Ltd.
0.02
GOI 15.12.2022 GOV
0.01

Sector Holding%
Miscellaneous
77.35

Fund Manager

Rajeev Radhakrishnan

Education:B.E (Production), MMS (Finance) & CFA
Experience:10 Year
Basic Details:Mr. Rajeev has joined SBI Funds Management Pvt. Ltd. in June 2008 and manages various Fixed Income schemes. He brings with him over 10 years of experience in funds management including around 2 years in equity funds and research and 8 years in Fixed Income Funds. He was earlier associated with UTI Mutual Fund as a Co-Fund Manager, managing fixed income funds and debt portion of balanced schemes.
Funds Managed:
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Floating Rate Debt Fund
SBI Floating Rate Debt Fund
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Magnum Low Duration Fund
SBI Short Term Debt Fund

Mohit Jain

Education:B.E., CFA
Experience:5
Basic Details:
Funds Managed:
SBI Balanced Advantage Fund
SBI Balanced Advantage Fund
SBI Banking and PSU Fund
SBI Magnum Children's Benefit Fund - Investment Plan
SBI Contra Fund
SBI Contra Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Equity Hybrid Fund
SBI Equity Hybrid Fund
SBI Magnum Children's Benefit Fund - Investment Plan

Holding Type Holding %
[ICRA]AAA
18.01
CARE AAA
1.38
Cash
6.52
CRISIL A1+
2.19
CRISIL AAA
52.56
CRISIL AAA(CE)
3.53
IND A1+
0.10
IND AAA
1.84
Sov
13.85

About SBI Corporate Bond Fund

Scheme Analysis

SBI Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to SBI Mutual Fund. It was launched on 01-Feb-2019 and currently has an AUM of ₹16,375.94 crore. SBI Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of SBI Corporate Bond Fund ended up ₹0.01(0.07%)yesterday to ₹12.5364.

Among its top 3 holdings the fund has exposure to Air India Assets Holding Ltd., and

The SBI Corporate Bond Fund is managed by Rajeev Radhakrishnan and Mohit Jain.

Fund House Contact

Address:

191, Maker Tower 'E' Cuffe Parade Mumbai - 400 005

Phone Number: 022 - 22180221-27

Email Address: partnerforlife@sbimf.com

Fax Number: 022 - 22189663

Website: www.sbimf.com

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