SBI Corporate Bond Fund - IDCW - Regular Plan

Item: SBI Corporate Bond Fund - IDCW - Regular Plan
Rating: 3
Author: PersonalFN

₹12.5764 0.13 %Nav, as on 01-02-2023
Previous Nav
₹ 12.5604
Net Change on 01-02-2023
₹0.02
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 16,116.85
Expense Ratio
0.8%
(As on Dec 31, 2022)

Fund Overview IDCW | 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 (₹)
12.47
52 Week Low Nav Date
09-May-2022
52 Week High Nav (₹)
12.95
52 Week High Nav Date
01-Feb-2023

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 - IDCW Option	Oct 22, 2014	4.00	6.17	7.18	0.60	23,219.92
HDFC Corporate Bond Fund - Quarterly IDCW Option	Jun 29, 2010	4.00	6.02	6.22	0.60	23,219.92
ICICI Prudential Corporate Bond Fund - Monthly IDCW	Jul 23, 2009	5.36	6.10	6.06	0.53	16,440.10
ICICI Prudential Corporate Bond Fund -Quarterly IDCW	Feb 17, 2012	5.36	6.11	6.19	0.53	16,440.10
IDFC Corporate Bond Fund - Regular Annual IDCW	Mar 21, 2016	3.06	5.21	5.49	0.61	15,405.13

Fund Holdings as on 31-December-2022

Company % Assets
TREPS
6.70
7.26% CGL 2032
4.54
7.38% CGL 2027
3.81
L&T Metro Rail (Hyderabad) Ltd. [Guaranteed by Larsen & Toubro Limited]
3.76
Power Finance Corporation Ltd.
3.10
State Bank of India( Tier II Bond under Basel III )
2.62
7.78% State Government of Maharashtra 2030
2.52
Reliance Industries Ltd.
2.51
REC Ltd.
2.48
Tata Capital Financial Services Ltd.
2.48
Small Industries Development Bank of India
2.16
Mahindra & Mahindra Ltd.
2.16
LIC Housing Finance Ltd.
2.00
National Bank for Agriculture and Rural Development
1.91
7.59% CGL 2026
1.88
Sundaram Finance Ltd.
1.86
Citicorp Finance (India) Ltd.
1.86
Net Receivable / Payable
1.86
National Bank for Agriculture and Rural Development
1.63
India Grid Trust
1.56
Summit Digitel Infrastructure Pvt. Ltd.
1.56
LIC Housing Finance Ltd.
1.55
5.74% CGL 2026
1.48
7.70% State Government of Maharashtra 2030
1.47
State Bank of India( Tier II Bond under Basel III )
1.40
John Deere Financial India Pvt. Ltd.
1.35
Housing Development Finance Corporation Ltd.
1.27
Housing Development Finance Corporation Ltd.
1.24
National Housing Bank
1.23
7.41% State Government of Gujarat 2026
1.23
Kotak Mahindra Prime Ltd.
1.22
Export-Import Bank of India
1.21
Small Industries Development Bank of India
1.21
Highways Infrastructure Trust
1.07
National Housing Bank
0.98
Mahanagar Telephone Nigam Ltd.
0.93
National Bank for Agriculture and Rural Development
0.93
Small Industries Development Bank of India
0.92
Sundaram Finance Ltd.
0.91
Tata Capital Housing Finance Ltd.
0.90
Oil & Natural Gas Corporation Ltd.
0.84
Hindustan Petroleum Corporation Ltd.
0.83
Indian Bank( Tier II Bond under Basel III )
0.80
5.63% CGL 2026
0.80
TATA Capital Ltd.
0.78
Housing Development Finance Corporation Ltd.
0.77
TATA Capital Ltd.
0.62
Power Finance Corporation Ltd.
0.62
Tata Capital Financial Services Ltd.
0.62
Tata Capital Housing Finance Ltd.
0.62
Kotak Mahindra Prime Ltd.
0.60
LIC Housing Finance Ltd.
0.60
Hindustan Petroleum Corporation Ltd.
0.55
Kotak Mahindra Prime Ltd.
0.54
Indian Bank( Tier II Bond under Basel III )
0.50
India Grid Trust
0.50
Indian Railway Finance Corporation Ltd.
0.47
Mahanagar Telephone Nigam Ltd.
0.47
Bajaj Finance Ltd.
0.47
REC Ltd.
0.46
NTPC Ltd.
0.46
REC Ltd.
0.46
Indinfravit Trust
0.46
Power Finance Corporation Ltd.
0.43
National Bank for Agriculture and Rural Development
0.40
REC Ltd.
0.37
Power Finance Corporation Ltd.
0.37
Bajaj Housing Finance Ltd.
0.37
India Grid Trust
0.36
REC Ltd.
0.36
Housing Development Finance Corporation Ltd.
0.31
Housing Development Finance Corporation Ltd.
0.31
Small Industries Development Bank of India
0.31
Axis Bank Ltd.
0.31
Power Finance Corporation Ltd.
0.31
National Housing Bank
0.31
National Bank for Agriculture and Rural Development
0.31
Small Industries Development Bank of India
0.31
Embassy Office Parks Reit
0.31
Bajaj Finance Ltd.
0.30
Power Finance Corporation Ltd.
0.25
GOI 17.12.2024 GOV
0.24
Kotak Mahindra Prime Ltd.
0.24
Larsen & Toubro Ltd.
0.22
Power Finance Corporation Ltd.
0.16
8.14% State Government of Rajasthan 2025
0.16
NHPC Ltd.
0.16
Hindustan Petroleum Corporation Ltd.
0.16
Kotak Mahindra Prime Ltd.
0.15
National Bank for Agriculture and Rural Development
0.15
National Housing Bank
0.15
NHPC Ltd.
0.15
Hindustan Petroleum Corporation Ltd.
0.15
National Bank for Agriculture and Rural Development
0.15
GOI 12.04.2024 GOV
0.08
GOI 12.10.2024 GOV
0.08
GOI 12.04.2025 GOV
0.08
Power Grid Corporation of India Ltd.
0.06
Power Grid Corporation of India Ltd.
0.06
Tata Capital Financial Services Ltd.
0.03
GOI 12.10.2025 GOV
0.02
GOI 12.03.2027 GOV
0.01

Sector Holding%
Miscellaneous
73.04

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 Long Duration 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

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/12/2019
1.60
27/09/2019
1.50

Holding Type Holding %
[ICRA]AAA
12.74
Cash
8.56
CRISIL AAA
54.14
CRISIL AAA(CE)
3.76
IND AA+
0.80
IND AAA
0.16
IND AAA(CE)
1.40
Sovereign
18.40

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 ₹16,116.85 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 ₹0.02(0.13%)yesterday to ₹12.5764.

Among its top 3 holdings the fund has exposure to TREPS, and

The SBI Corporate Bond Fund is managed by Rajeev Radhakrishnan .

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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