SBI Credit Risk Fund - Growth - Direct Plan

Item: SBI Credit Risk Fund - Growth - Direct Plan
Rating: 1
Author: PersonalFN

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₹42.9468 0.02 %Nav, as on 06-12-2023
Previous Nav
₹ 42.9369
Net Change on 06-12-2023
₹0.01
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 2,661.21
Expense Ratio
0.89%
(As on Oct 31, 2023)

Fund Overview Growth | 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 (₹)
39.46
52 Week Low Nav Date
07-Dec-2022
52 Week High Nav (₹)
42.95
52 Week High Nav Date
06-Dec-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 -GROWTH	8.80	6.85	8.84	6.44	7.39	8.61
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 -GROWTH	Jan 02, 2013		8.84	6.44	7.39	0.89	2,661.21
HDFC Credit Risk Debt Fund - Direct Option - Growth Option	Mar 25, 2014		7.07	6.39	7.90	0.96	8,282.20
ICICI Prudential Credit Risk Fund - Direct Plan - Growth	Jan 02, 2013		7.34	6.68	8.14	0.87	7,410.40
Nippon India Credit Risk Fund - Direct Plan - Growth Plan	Jan 01, 2013		8.44	9.09	4.77	0.91	1,026.14
Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Growth	Apr 22, 2015		7.63	7.74	7.25	0.68	997.76
Kotak Credit Risk Fund - Growth - Direct	Jan 01, 2013	Unrated	6.72	5.09	6.55	0.77	919.32

Fund Holdings as on 30-November-2023

Company % Assets
7.18% CGL 2033
5.22
SEIL Energy India Ltd.
5.04
7.26% CGL 2032
4.67
Aadhar Housing Finance Ltd.
4.55
Jindal Stainless Ltd.
3.29
Avanse Financial Services Ltd.
3.00
ONGC Petro Additions Ltd.
2.82
Motilal Oswal Finvest Ltd.
2.81
Nuvoco Vistas Corporation Ltd.
2.80
JSW Steel Ltd.
2.79
L&T Metro Rail (Hyderabad) Ltd.
2.78
Godrej Industries Ltd.
2.77
Patel KNR Heavy Infrastructures Ltd.
2.57
Net Receivable / Payable
2.46
Yes Bank Ltd.( Tier II Bond under Basel III )
2.28
Tata Housing Development Co. Ltd.
2.26
Nirma Ltd.
2.25
Phoenix Arc Pvt. Ltd.
2.24
AU Small Finance Bank Ltd.( Tier II Bond under Basel III )
2.11
Cube Highways Trust
1.99
Tata Motors Ltd.
1.90
ONGC Petro Additions Ltd.
1.86
REC Ltd.
1.86
Power Finance Corporation Ltd.
1.86
Power Finance Corporation Ltd.
1.86
Indian Railway Finance Corporation Ltd.
1.86
Godrej Housing Finance Ltd.
1.84
TVS Credit Services Ltd.
1.49
TREPS
1.49
JM Financial Services Ltd.
1.32
Tata Projects Ltd.
1.31
Grihum Housing Finance Ltd.
1.31
National Bank for Agriculture and Rural Development
1.31
Mahanagar Telephone Nigam Ltd.
0.95
Nuclear Power Corporation of India Ltd.
0.94
PNB Housing Finance Ltd.
0.94
7.69% CGL 2028
0.94
Power Finance Corporation Ltd.
0.94
REC Ltd.
0.94
Nexus Select Trust
0.93
7.17% CGL 2030
0.93
Power Finance Corporation Ltd.
0.93
REC Ltd.
0.93
REC Ltd.
0.91
Union Bank of India( AT1 Bond under Basel III )
0.82
Union Bank of India( AT1 Bond under Basel III )
0.75
Yes Bank Ltd.
0.72
Sheela Foam Ltd.
0.70
Sheela Foam Ltd.
0.70
Sheela Foam Ltd.
0.70
Sheela Foam Ltd.
0.70
Latur Renewable Pvt. Ltd.
0.63
Latur Renewable Pvt. Ltd.
0.62
Godrej Industries Ltd.
0.56
Tata Realty and Infrastructure Ltd.
0.37
Corporate Debt Market Development Fund-A2
0.27
Union Bank of India( AT1 Bond under Basel III )
0.19

Sector Holding%
Miscellaneous
74.20

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
SBI Magnum Income Fund
SBI Magnum Medium Duration Fund

Adesh Sharma

Education:B.Tech, M.Tech, PGDBM
Experience:14
Basic Details:Mr. Sharma has joined SBIFML in Novemeber 2017. He has over 14 years of experience in financial services sector.
Funds Managed:
SBI Credit Risk Fund
SBI Magnum Income Fund

Holding Type Holding %
[ICRA]A-
3.00
[ICRA]AA
10.30
[ICRA]AA+
0.37
[ICRA]AAA
0.94
CARE AA
2.26
CARE AA+
2.57
CARE AA-
4.31
Cash
3.95
CRISIL A1+
7.82
CRISIL AA
21.21
CRISIL AA+(CE)
1.25
CRISIL AAA
14.33
IND AA
9.41
IND AA-
3.29
IND AAA(CE)
0.95
REITs & InvITs
1.99
Sovereign
11.76
Unrated
0.27

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 ₹2,661.21 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(0.02%)yesterday to ₹42.9468.

Among its top 3 holdings the fund has exposure to 7.18% CGL 2033, and

The SBI Credit Risk Fund is managed by Lokesh Mallya and Adesh Sharma.

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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