Click here for top ranked funds in floater mutual funds.
However, Scripbox does not recommend investing in floater mutual funds.
Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.
This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments. However,there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns
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.
SBI Funds Management Private Limited manages assets worth 368,478 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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
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About SBI Floating Rate Debt Fund (G)
About SBI Floating Rate Debt Fund (G)
SBI Floating Rate Debt Fund (G) is a floater debt fund and has delivered an annualised return of 2.1% over a period of 1 years ..The fund is managed by SBI Funds Management Private Limited.The fund managers are Mohit Jain, Rajeev Radhakrishnan
SBI Floating Rate Debt Fund (G) Investment Objective
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments. However,there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns However, there is no assurance that the objective of the scheme will be realized.
SBI Floating Rate Debt Fund (G) NAV,AUM,Risk
The SBI Floating Rate Debt Fund (G) fund was launched on Oct 27, 2020. The NAV (Net Asset Value) of this floater debt as of 2021-04-16 is ₹ 10.2111. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 101.779. The category risk of the SBI Floating Rate Debt Fund (G) fund is Moderately High risk.
The fund charges 0.46 % as expense ratio.
SBI Floating Rate Debt Fund (G) Holdings
The fund’s highest allocation is towards debt and has invested 80.5% in this asset class. The top three holdings of the fund are goi floating rate bond 2024,govt stock and 05.75 tn sdl 2025
SBI Floating Rate Debt Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
SBI Floating Rate Debt Fund (G) Investment volatility and Horizon
This fund 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 .
SBI Floating Rate Debt Fund (G) Review
SBI Floating Rate Debt Fund (G) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, SBI Floating Rate Debt Fund (G) has a score of 1 out of 5.
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
