- Mutual Funds
- SBI Mutual Fund
- SBI Floating Rate Debt Fund (Growth)
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.
Track Record
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
2,180 Cr. Medium within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Scripbox Recommended Floater Funds
Want the floating rate funds that are right for your short term investment needs?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.6483
NAV (Jun 24)
Fund Returns
Last 1Y | 3.4% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 3.9% |
6 Month CAGR | 1.4% |
Scheme Information
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
Expense Ratio | 0.46 |
Launched (2y ago) | Oct 27, 2020 |
AUM in Crores | 2179.462 |
ISIN | INF200KA1R15 |
Lock-in | No Lock-in |
Benchmark | CRISIL Ultra Short Term Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Debt Holdings
7.32% govt stock 2024
16.7%cholamandalam investment and fin. co. ltd
9.3%export import bank of india
8.9%air india assets holding limited
8.7%summit digitel infrastructure private limited
7.6%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
SBI Funds Management Private Limited
SBI Funds Management Private Limited manages assets worth 25,449 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 2 equity,34 debt and 21 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
13.3% | 18.5% | ||
5.1% | 7.4% | ||
14.5% | 16.8% | ||
5.1% | % | ||
10.9% | 11.3% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsSBI Floating Rate Debt Fund (G) Review
SBI Floating Rate Debt Fund (G) is a Floater Debt fund and has delivered an annualised return of 3.9% over a period of 1 years. The fund is managed by SBI Funds Management Ltd. The fund managers are Ardhendu Bhattacharya, Rajeev Radhakrishnan.
Nav of SBI Floating Rate Debt Fund (G) as of 6/24/2022 is ₹10.65 with the total AUM as of 6/27/2022 is ₹2179.462. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Floating Rate Debt Fund (G) was launched on Oct 27, 2020. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for SBI Floating Rate Debt Fund (G) 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 Floating Rate Debt Fund (G) 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 CRISIL Ultra Short Term Debt TR INR.
SBI Floating Rate Debt Fund (G) is rated as a 2 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Floating Rate Debt Fund (G).
Frequently Asked Questions
What is SBI Floating Rate Debt Fund (G)?
How to invest in SBI Floating Rate Debt Fund (G)?
You can invest in SBI Floating Rate Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of SBI Floating Rate Debt Fund (G)?
The minimum sip amount for SBI Floating Rate Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Floating Rate Debt Fund (G) good to invest in?
As per Scripbox experts, SBI Floating Rate Debt Fund (G) is a Neutral fund. You can investSBI Floating Rate Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the SBI Floating Rate Debt Fund (G)?
The expense ratio of the SBI Floating Rate Debt Fund (G) is 0.46% for regular plan.