SBI Corporate Bond Fund - Growth - Regular Plan

₹11.1936 2.55 %Nav, as on 27-03-2020
Previous Nav
₹ 10.915
Net Change on 27-03-2020
₹0.28
PersonalFN Rating
Unrated
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 11,789.34
Expense Ratio
0.85%
(As on Feb 29, 2020)

Fund Overview Growth | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
01-Feb-2019
Benchmark
NIFTY Corporate Bond Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil upto 4% of investments and 1% for remaining investment on or before 6M, Nil after 6M
Minimum SIP Investment (₹)
3,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
10.20
52 Week Low Nav Date
26-Mar-2019
52 Week High Nav (₹)
11.22
52 Week High Nav Date
06-Mar-2020

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
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.)
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	7.22	7.23	7.97	0.45	17,605.87
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	7.53	7.31	8.05	0.50	13,389.16
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	7.28	7.00	7.80	0.56	13,243.33
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	7.12	7.35	7.85	0.60	4,839.91
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	9.86	7.31	6.93	0.62	3,080.81

Fund Holdings as on 29-February-2020

Company % Assets
Air India Assets Holding Ltd.
4.93
State Bank of India
4.38
TREPS
3.54
6.18% CGL 2024
3.22
Hindustan Petroleum Corporation Ltd.
3.06
Axis Bank Ltd.
2.60
Net Receivable / Payable
2.30
7.27% CGL 2026
2.23
Bank of Baroda
2.15
Sundaram Finance Ltd.
2.13
6.45% CGL 2029
2.13
Nabha Power Ltd.
1.96
TATA Capital Ltd.
1.96
National Bank for Agriculture and Rural Development
1.88
Larsen & Toubro Ltd.
1.74
National Bank for Agriculture and Rural Development
1.68
Tata Capital Housing Finance Ltd.
1.63
Power Finance Corporation Ltd.
1.59
Small Industries Development Bank of India
1.58
REC Ltd.
1.50
Power Finance Corporation Ltd.
1.50
Housing Development Finance Corporation Ltd.
1.49
REC Ltd.
1.49
REC Ltd.
1.47
7.89% State Government of Gujarat 2025
1.35
NTPC Ltd.
1.32
John Deere Financial India Pvt. Ltd.
1.28
LIC Housing Finance Ltd.
1.28
National Bank for Agriculture and Rural Development
1.27
8.93% State Government of Kerala 2022
1.23
Housing and Urban Development Corporation Ltd.
1.17
Hindustan Petroleum Corporation Ltd.
1.17
TATA Capital Ltd.
1.06
Power Finance Corporation Ltd.
1.05
Small Industries Development Bank of India
1.02
Larsen & Toubro Ltd.
0.99
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.98
National Bank for Agriculture and Rural Development
0.97
State Bank of India
0.91
7.26% CGL 2029
0.89
Small Industries Development Bank of India
0.88
Housing Development Finance Corporation Ltd.
0.88
LIC Housing Finance Ltd.
0.87
Power Finance Corporation Ltd.
0.87
Housing and Urban Development Corporation Ltd.
0.87
Housing Development Finance Corporation Ltd.
0.87
LIC Housing Finance Ltd.
0.86
Power Finance Corporation Ltd.
0.86
India Grid Trust
0.86
Power Grid Corporation of India Ltd.
0.86
Sundaram Finance Ltd.
0.86
TATA Capital Ltd.
0.85
ONGC Petro Additions Ltd.
0.85
National Highways Authority of India
0.78
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.75
Housing and Urban Development Corporation Ltd.
0.65
REC Ltd.
0.64
REC Ltd.
0.63
LIC Housing Finance Ltd.
0.56
Indian Railway Finance Corporation Ltd.
0.50
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.49
REC Ltd.
0.45
National Bank for Agriculture and Rural Development
0.44
Housing and Urban Development Corporation Ltd.
0.44
7.17% CGL 2028
0.44
Reliance Industries Ltd.
0.43
Small Industries Development Bank of India
0.43
Housing Development Finance Corporation Ltd.
0.43
Tata Sons Pvt.Ltd.
0.42
Tata Sons Pvt.Ltd.
0.42
LIC Housing Finance Ltd.
0.42
Rainbow Devices Trust (Obligor - Reliance Retail Ltd.)
0.38
7.32% CGL 2024
0.36
Fullerton India Credit Company Ltd.
0.34
REC Ltd.
0.31
Housing and Urban Development Corporation Ltd.
0.31
Power Grid Corporation of India Ltd.
0.31
National Bank for Agriculture and Rural Development
0.31
LIC Housing Finance Ltd.
0.29
HDFC Credila Financial Services Pvt. Ltd.
0.26
Power Finance Corporation Ltd.
0.26
8.27% State Government of Rajasthan 2022
0.23
8.90% State Government 2022
0.23
Export-Import Bank of India
0.23
Indian Railway Finance Corporation Ltd.
0.22
NHPC Ltd.
0.22
National Highways Authority of India
0.22
India Grid Trust
0.22
Small Industries Development Bank of India
0.21
Power Finance Corporation Ltd.
0.21
REC Ltd.
0.21
Housing and Urban Development Corporation Ltd.
0.20
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.19
REC Ltd.
0.19
Housing Development Finance Corporation Ltd.
0.17
HDFC Credila Financial Services Pvt. Ltd.
0.16
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.14
8.39% State Government of Rajasthan 2022
0.13
Power Grid Corporation of India Ltd.
0.13
Food Corporation of India
0.12
Reliance Industries Ltd.
0.11
Power Grid Corporation of India Ltd.
0.09
Power Grid Corporation of India Ltd.
0.09
Power Grid Corporation of India Ltd.
0.09
Power Grid Corporation of India Ltd.
0.09
REC Ltd.
0.05
NHPC Ltd.
0.04
8.52% State Government of Uttar Pradesh 2022
0.04
LIC Housing Finance Ltd.
0.02

Sector Holding%
Miscellaneous
78.75

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 ₹11,789.34 crore. SBI Corporate Bond Fund is benchmarked against NIFTY Corporate Bond Index as primary index.

The NAV of SBI Corporate Bond Fund ended up ₹0.28(2.55%)yesterday to ₹11.1936.

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

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 Arbitrage Opportunities Fund
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Magnum Children's Benefit Plan
SBI Magnum Low Duration Fund
SBI Magnum Ultra Short Duration Fund
SBI Short Term Debt Fund

Mohit Jain

Education:B.E., CFA
Experience:5
Basic Details:
Funds Managed:
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Dynamic Asset Allocation Fund

Holding Type Holding %
[ICRA]AAA
13.34
[ICRA]AAA(SO)
3.78
CARE AAA
3.44
Cash
5.84
CRISIL AAA
58.87
CRISIL AAA(SO)
0.12
IND AAA
2.15
Sov
12.48

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