SBI Credit Risk Fund - IDCW - Direct Plan

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

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₹19.7445 0 %Nav, as on 29-09-2023
Previous Nav
₹ 19.7438
Net Change on 29-09-2023
₹0
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 2,733.84
Expense Ratio
0.9%
(As on Aug 31, 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 (₹)
26.13
52 Week Low Nav Date
11-Oct-2022
52 Week High Nav (₹)
28.46
52 Week High Nav Date
29-Sep-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)	7.00	6.80	8.99	6.97	7.15	7.77
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		8.99	6.97	7.15	0.90	2,733.84
HDFC Credit Risk Debt Fund - IDCW Option - Direct Plan	Nov 20, 2014		7.32	7.20	8.12	0.95	8,443.12
HDFC Credit Risk Debt Fund - Quarterly IDCW - Direct Plan	Mar 25, 2014		7.32	7.20	7.35	0.95	8,443.12
ICICI Prudential Credit Risk Fund - Direct Plan - Quarterly IDCW	Jan 07, 2013		7.65	7.14	7.51	0.92	7,597.74
SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013		8.99	6.97	6.91	0.90	2,733.84
Kotak Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Mar 24, 2014	Unrated	6.61	5.16	6.69	0.77	1,016.78

Fund Holdings as on 31-August-2023

Company % Assets
TREPS
5.76
SEIL Energy India Ltd.
4.81
7.26% CGL 2032
4.59
Aadhar Housing Finance Ltd.
4.46
Jindal Stainless Ltd.
3.22
Avanse Financial Services Ltd.
2.93
Patel KNR Heavy Infrastructures Ltd.
2.87
ONGC Petro Additions Ltd.
2.74
Motilal Oswal Finvest Ltd.
2.74
Aarti Industries Ltd.
2.73
JSW Steel Ltd.
2.73
Nuvoco Vistas Corporation Ltd.
2.72
IndusInd Bank Ltd.
2.72
Godrej Industries Ltd.
2.70
Net Receivable / Payable
2.33
Yes Bank Ltd.( Tier II Bond under Basel III )
2.22
Tata Housing Development Co. Ltd.
2.20
Nirma Ltd.
2.19
Phoenix Arc Pvt. Ltd.
2.19
AU Small Finance Bank Ltd.( Tier II Bond under Basel III )
2.07
Tata Motors Ltd.
1.86
Nuclear Power Corporation of India Ltd.
1.84
7.18% CGL 2033
1.83
Power Finance Corporation Ltd.
1.83
Cube Highways Trust
1.83
REC Ltd.
1.82
National Bank for Agriculture and Rural Development
1.82
Power Finance Corporation Ltd.
1.81
Godrej Agrovet Ltd.
1.81
ONGC Petro Additions Ltd.
1.80
Godrej Housing Finance Ltd.
1.78
Nuvoco Vistas Corporation Ltd.
1.72
TVS Credit Services Ltd.
1.46
Tata Projects Ltd.
1.28
National Bank for Agriculture and Rural Development
1.28
Tata Realty and Infrastructure Ltd.
1.27
Avanse Financial Services Ltd.
1.17
Mahanagar Telephone Nigam Ltd.
0.93
7.26% CGL 2033
0.92
7.17% CGL 2030
0.91
National Bank for Agriculture and Rural Development
0.91
Crompton Greaves Consumer Electricals Ltd.
0.91
Nexus Select Trust
0.91
REC Ltd.
0.91
Union Bank of India( AT1 Bond under Basel III )
0.80
Union Bank of India( AT1 Bond under Basel III )
0.73
Union Bank of India( AT1 Bond under Basel III )
0.70
Latur Renewable Pvt. Ltd.
0.62
Latur Renewable Pvt. Ltd.
0.61
Latur Renewable Pvt. Ltd.
0.60
Yes Bank Ltd.
0.35

Sector Holding%
Miscellaneous
69.74

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]A-
2.57
[ICRA]A1+
1.81
[ICRA]AA
9.13
[ICRA]AA+
1.27
[ICRA]AAA
1.84
CARE AA
2.20
CARE AA+
2.87
CARE AA-
4.10
Cash
8.09
CRISIL A1+
10.26
CRISIL AA
21.07
CRISIL AA+
0.91
CRISIL AA+(CE)
1.83
CRISIL AA-
3.22
CRISIL AAA
11.29
IND AA
6.47
IND AAA(CE)
0.93
REITs & InvITs
1.83
Sovereign
8.25

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 ₹2,733.84 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(0%)yesterday to ₹19.7445.

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