SBI Credit Risk Fund - IDCW - Direct Plan

Item: SBI Credit Risk Fund - IDCW - Direct Plan
Rating: 2
Author: PersonalFN

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₹18.7025 0.04 %Nav, as on 23-03-2023
Previous Nav
₹ 18.6957
Net Change on 23-03-2023
₹0.01
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 2,782.95
Expense Ratio
0.92%
(As on Feb 28, 2023)

Fund Overview IDCW | Direct Plan

Fund House
SBI Mutual Fund
Launch Date
02-Jan-2013
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil for 8% of investment and 3% for remaining investment on or before 12M, Nil for 8% of investment and 1.5% for remaining investment after 12M but before 24M, Nil for 8% of investment and 0.75% for remaining investment after 24M but before 36M, Nil after 36M
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
25.51
52 Week Low Nav Date
06-May-2022
52 Week High Nav (₹)
26.96
52 Week High Nav Date
23-Mar-2023

Fund 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 Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	7.98	6.40	5.27	7.33	6.50	7.61
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Credit Risk 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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013		5.27	7.33	6.50	0.92	2,782.95
HDFC Credit Risk Debt Fund - IDCW Option - Direct Plan	Nov 20, 2014		4.68	8.11	7.71	0.95	8,437.56
HDFC Credit Risk Debt Fund - Quarterly IDCW - Direct Plan	Mar 25, 2014		4.68	8.11	6.50	0.95	8,437.56
ICICI Prudential Credit Risk Fund - Direct Plan - Quarterly IDCW	Jan 07, 2013		5.79	8.04	7.14	0.88	7,584.05
SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013		5.27	7.36	6.18	0.92	2,782.95
Kotak Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Mar 24, 2014	Unrated	1.57	6.02	6.41	0.74	1,204.64

Fund Holdings as on 28-February-2023

Company % Assets
7.26% CGL 2032
7.09
Indinfravit Trust
5.20
Sembcorp Energy India Ltd.
4.51
L&T Metro Rail (Hyderabad) Ltd.
4.42
Godrej & Boyce Manufacturing Company Ltd.
4.42
Tata Projects Ltd.
3.95
Aadhar Housing Finance Ltd.
3.60
Tata Power Company Ltd.
3.59
Avanse Financial Services Ltd.
3.37
Jindal Stainless Ltd.
3.12
TVS Credit Services Ltd.
2.83
AU Small Finance Bank Ltd.( Tier II Bond under Basel III )
2.78
Motilal Oswal Finvest Ltd.
2.69
Union Bank of India( AT1 Bond under Basel III )
2.68
Nuvoco Vistas Corporation Ltd.
2.68
JSW Steel Ltd.
2.67
182 DAY T-BILL 08.06.23
2.65
Godrej Industries Ltd.
2.63
IndusInd Bank Ltd.
2.57
Godrej Industries Ltd.
2.32
5.63% CGL 2026
2.22
Nirma Ltd.
2.15
TREPS
2.14
Net Receivable / Payable
2.02
Pune Solapur Expressways Pvt. Ltd. (A Tata Realty and Infrastructure Limited JV)
1.85
Tata Motors Ltd.
1.83
Godrej Housing Finance Ltd.
1.79
Tata Realty and Infrastructure Ltd.
1.79
Godrej Housing Finance Ltd.
1.74
Punjab National Bank( AT1 Bond under Basel III )
1.28
Tata Realty and Infrastructure Ltd.
1.24
Mahindra Rural Housing Finance Ltd.
1.07
Union Bank of India( AT1 Bond under Basel III )
1.04
Kirloskar Ferrous Industries Ltd.
0.95
Union Bank of India( AT1 Bond under Basel III )
0.90
Mahanagar Telephone Nigam Ltd.
0.90
Godrej Agrovet Ltd.
0.90
182 DAY T-BILL 06.04.23
0.89
Crompton Greaves Consumer Electricals Ltd.
0.89
Latur Renewable Pvt. Ltd.
0.60
Latur Renewable Pvt. Ltd.
0.59
Latur Renewable Pvt. Ltd.
0.58
Punjab National Bank( AT1 Bond under Basel III )
0.54
Yes Bank Ltd.
0.32

Sector Holding%
Miscellaneous
59.48

Fund Manager

Lokesh Mallya

Education:MBA, FRM
Experience:5 Years
Basic Details:Mr. Lokesh Mallya has over 5 years of experience. Prior to joining BSLAMC, he has worked with Aditya Birla Management Corporation Limited as Management Trainee.
Funds Managed:
SBI Credit Risk Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/12/2019
2.48
27/09/2019
2.10
28/06/2019
2.10
29/03/2019
2.10
28/12/2018
2.00
07/09/2018
2.00
23/03/2018
1.44
29/12/2017
1.81
29/09/2017
1.81
24/03/2017
1.44
30/12/2016
2.00
30/09/2016
2.00
30/06/2016
2.00
23/03/2016
2.00
23/12/2015
2.00
24/09/2015
2.00
26/06/2015
2.35
20/03/2015
1.45
29/12/2014
2.50
29/09/2014
2.63
27/06/2014
3.20
28/03/2014
2.00
27/12/2013
4.00

Holding Type Holding %
[ICRA]A1+
1.85
[ICRA]AA
5.36
[ICRA]AA+
3.03
[ICRA]AA-
3.68
CARE A+
3.37
CARE AA
3.60
Cash
4.16
CRISIL A-
0.32
CRISIL A1+
21.66
CRISIL AA
20.89
CRISIL AA+
0.89
CRISIL AA+(CE)
1.77
CRISIL AA-
3.12
CRISIL AAA
5.20
IND AA
6.27
IND AA+
1.07
IND AAA(CE)
0.90
Sovereign
12.85

About SBI Credit Risk Fund

Scheme Analysis

SBI Credit Risk Fund is a Debt - Credit Risk Fund fund and belongs to SBI Mutual Fund. It was launched on 02-Jan-2013 and currently has an AUM of ₹2,782.95 crore. SBI Credit Risk Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Credit Risk Bond Index as secondary index.

The NAV of SBI Credit Risk Fund ended up ₹0.01(0.04%)yesterday to ₹18.7025.

Among its top 3 holdings the fund has exposure to 7.26% CGL 2032, and

The SBI Credit Risk Fund is managed by Lokesh Mallya .

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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