• Mutual Funds
  • SBI Mutual Fund
  • SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M)

Formerly SBI Banking and PSU Reg Mn DR

SBI Mutual Fund

SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M)

DebtBanking And Psu

Top Ranked

1131.4133

NAV (Jan 17)

6.8%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within banking and psu mutual funds.However, Scripbox does not recommend investing in banking and psu mutual funds.Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

13 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

8,431 Cr. Category leader in size

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

Invest in this fund
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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

1131.4133

NAV (Jan 17)

Fund Returns

Last 1Y

2.8%

Last 3Y

6.8%

Last 5Y

6.1%

Last 10Y

6.2%

Since Inception

6.1%

6 Month CAGR

1.5%

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Scheme Information

Investment Objective

The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks,Public Sector Undertakings,Public Financial Institutions and Municipal bodies.

Expense Ratio

0.81

Launched (13y ago)

Oct 09, 2009

AUM in Crores

8430.384

ISIN

INF200K01U90

Lock-in

No Lock-in

Benchmark

IISL NIFTY Banking and PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Mohit Jain

Fund Manager

user-avatar

Rajeev Radhakrishnan

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,223 cr

5

₹ 28,408 cr

5

₹ 9,119 cr

5

₹ 26,625 cr

5

₹ 23,456 cr

5

amc-icon

About the AMC

SBI Funds Management Private Limited

SBI Funds Management Private Limited manages assets worth 471,579 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.

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Fund NameScripbox Opinion
Till Date CAGR

24.6%

20.4%

5.6%

7.2%

24.6%

%

4.8%

5.8%

4.8%

5.8%

growth

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment
  • graph-icon-gray
    One-click investing and tracking
  • graph-icon-gray
    Zero fees for all your investments
Kotak Savings Fund (Growth)

Kotak Savings Fund (Growth)

Debt

Ultra Short

ICICI Prudential Savings Fund (Growth)

ICICI Prudential Savings Fund (Growth)

Debt

Low Duration

Tata Liquid Fund (Growth)

Tata Liquid Fund (Growth)

Debt

Liquid

SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) Review

SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 6.1% over a period of 12 years. The fund was previously known as SBI Banking and PSU Reg Mn DR. The fund is managed by SBI Funds Management Private Limited. The fund managers are Mohit Jain, Rajeev Radhakrishnan.

Nav of SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) as of 17/01/2022 is ₹1131.41 with the total AUM as of 18/01/2022 is ₹8430.384. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) was launched on Oct 09, 2009. The category risk of the fund is Moderate Risk.

The minimum SIP amount for SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to IISL NIFTY Banking and PSU Debt TR INR.

SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M) is rated as a 4 fund in Debt and delivered 2.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Banking and PSU Fund Inc Dist cum Cap Wdrl (RIDCW-M).

Frequently Asked Questions

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