SBI Credit Risk Fund - IDCW - Regular Plan

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

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₹19.653 (-0.06%)Nav, as on 06-12-2024
Previous Nav
₹ 19.6641
Net Change on 06-12-2024
₹-0.01
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 2,289.16
Expense Ratio
1.55%
(As on Oct 31, 2024)

Fund Overview IDCW | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
14-Jul-2004
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 (₹)
45.02
52 Week Low Nav Date
06-Dec-2023
52 Week High Nav (₹)
48.73
52 Week High Nav Date
05-Dec-2024

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 - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	9.14	7.63	8.17	6.76	6.97	7.26
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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI Credit Risk Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jul 14, 2004	8.17	6.76	6.97	1.55	2,289.16
HDFC Credit Risk Debt Fund - IDCW Option	Nov 20, 2014	8.53	6.13	7.23	1.58	7,404.25
HDFC Credit Risk Debt Fund - Quarterly IDCW Option	Mar 25, 2014	8.53	6.13	7.03	1.58	7,404.25
ICICI Prudential Credit Risk Fund - Quarterly IDCW	Dec 03, 2010	9.07	6.80	7.18	1.41	6,418.69
SBI Credit Risk Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Dec 03, 2012	8.17	6.76	6.97	1.55	2,289.16
NIPPON INDIA CREDIT RISK FUND - IDCW Option	Oct 27, 2014	8.38	6.62	5.36	1.47	993.03

Fund Holdings as on 30-November-2024

Company % Assets
7.23% CGL 2039
8.57
Aadhar Housing Finance Ltd.
4.90
Nirma Ltd.
4.85
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.
4.75
Infopark Properties Ltd.
4.60
7.10% CGL 2034
3.79
Aditya Birla Real Estate Ltd.
3.72
Sandur Manganese & Iron Ores Ltd.
3.68
Avanse Financial Services Ltd.
3.50
Renserv Global Pvt Ltd.
3.49
Aditya Birla Renewables Ltd.
3.30
JSW Steel Ltd.
3.28
Nuvoco Vistas Corporation Ltd.
3.27
Vistaar Financial Services Pvt Ltd.
3.27
Ashoka Buildcon Ltd.
3.26
Indostar Capital Finance Ltd.
3.06
Yes Bank Ltd.( Tier II Bond under Basel III )
2.73
Cube Highways Trust
2.63
Phoenix Arc Pvt. Ltd.
2.62
Net Receivable / Payable
2.58
Tata Projects Ltd.
2.19
Eris Lifesciences Ltd.
1.98
Jindal Stainless Ltd.
1.95
Patel KNR Heavy Infrastructures Ltd.
1.91
7.26% CGL 2032
1.79
Eris Lifesciences Ltd.
1.76
JM Financial Services Ltd.
1.53
Grihum Housing Finance Ltd.
1.53
Tata Projects Ltd.
1.53
TREPS
1.29
Yes Bank Ltd.
0.85
Sheela Foam Ltd.
0.82
Sheela Foam Ltd.
0.82
Sheela Foam Ltd.
0.82
Sheela Foam Ltd.
0.82
Latur Renewable Pvt. Ltd.
0.73
Godrej Industries Ltd.
0.66
Mahanagar Telephone Nigam Ltd.
0.64
Corporate Debt Market Development Fund-A2
0.32
Ashoka Buildcon Ltd.
0.22

Sector Holding%
Miscellaneous
79.02

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

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/12/2019
2.15
27/09/2019
2.00
28/06/2019
2.00
29/03/2019
2.00
28/12/2018
2.00
07/09/2018
2.00
23/03/2018
2.00
29/12/2017
2.50
29/09/2017
2.50
24/03/2017
2.00
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
2.30
20/03/2015
2.00
29/12/2014
2.50
29/09/2014
2.75
27/06/2014
3.20
28/03/2014
2.00
27/12/2013
4.00
25/03/2013
2.00
27/12/2012
2.00
27/09/2012
2.00
27/06/2012
1.50
30/03/2012
1.25
28/12/2011
1.12
20/09/2011
1.12
29/06/2011
1.12
22/03/2011
1.13
31/12/2010
1.00
30/09/2010
1.00
25/06/2010
1.00
26/03/2010
0.94
30/12/2009
0.99
29/09/2009
0.99
29/06/2009
1.13
30/03/2009
1.70
31/12/2008
1.23
24/09/2008
0.74
08/01/2008
14.65
01/10/2007
17.04
27/06/2007
17.03
29/03/2007
12.27
29/12/2006
13.48
05/10/2006
13.46
13/07/2006
11.87
31/03/2006
10.80
02/01/2006
10.80
01/07/2005
12.54
31/03/2005
79.91
03/01/2005
91.33

Holding Type Holding %
[ICRA]A
3.58
[ICRA]A+
6.95
[ICRA]AA
3.28
CARE A+(CE)
3.49
CARE AA
4.75
CARE AA+
1.91
CARE AA+(CE)
0.64
CARE AA-
13.11
Cash
3.87
CRISIL AA
21.24
CRISIL AA+
0.66
CRISIL AA+(CE)
0.73
CRISIL AA-
3.06
IND AA
11.90
IND AA-
3.74
REITs & InvITs
2.63
Sov
14.15
Unrated
0.32

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 14-Jul-2004 and currently has an AUM of ₹2,289.16 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 down ₹-0.01(-0.06%)yesterday to ₹19.653.

Among its top 3 holdings the fund has exposure to 7.23% CGL 2039, and

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

Fund House Contact

Address:

9th Floor, Crescenzo, C - 38 & 39 G Block, BKC, Bandra (East) Mumbai - 400 051

Phone Number: 022 - 61793537

Email Address: customer.delight@sbimf.com

Fax Number: 022 - 22189663

Website: www.sbimf.com

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