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  • SBI Savings Fund (RIDCW-W)

Formerly SBI Saving Reg Wk DR

SBI Mutual Fund

SBI Savings Fund (RIDCW-W)

DebtMoney Market

14.3078

NAV (Jun 13)

5.4%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

Money market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.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.

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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

14.3078

NAV (Jun 13)

Fund Returns

Last 1Y
7%
Last 3Y
5.4%
Last 5Y
5.5%
Last 10Y
6.6%
Since Inception
7%
6 Month CAGR
3.7%

Scheme Information

Investment Objective

To provide the investors an opportunity to invest in money market instruments.

Expense Ratio
0.76
Launched (20y ago)
Nov 25, 2004
AUM in Crores
24347.584
ISIN
INF200K01677
Lock-in
No Lock-in
Benchmark
CRISIL Money Market A-I TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.722
Sharpe Ratio (5yr)
-0.05
YTM
7.66
Fund Managers

Pradeep Kesavan

Fund Manager

R. Arun

Fund Manager

Rajeev Radhakrishnan

Fund Manager

Mohit Jain

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Savings Fund (RIDCW-W)70%8,30,002 97,3905.2%
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.

Asset allocation and Holdings

Last updated on 2024-06-13

Top Debt Holdings

indian bank

3.9%
3.9%

hdfc bank limited

3.8%
3.8%

punjab national bank

3.7%
3.7%

bank of india

3.3%
3.3%

07.38% mp sdl 2025

3.2%
3.2%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 691,539 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

20.4%

18.2%

25%

17%

15.8%

12.4%

26.8%

13.8%

SBI Savings Fund (RIDCW-W) Review

SBI Savings Fund (RIDCW-W) is a Money Market Debt fund and has delivered an annualised return of 6% over a period of 19 years. The fund was previously known as SBI Saving Reg Wk DR. The fund is managed by SBI Funds Management Ltd. The fund managers are Mohit Jain, Pradeep Kesavan, Rajeev Radhakrishnan, R. Arun.

Nav of SBI Savings Fund (RIDCW-W) as of 6/13/2024 is ₹14.31 with the total AUM as of 6/14/2024 is ₹24347.584. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Savings Fund (RIDCW-W) was launched on Nov 25, 2004. The category risk of the fund is Moderate Risk.

The minimum SIP amount for SBI Savings Fund (RIDCW-W) 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 Savings Fund (RIDCW-W) 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 Money Market A-I TR INR.

SBI Savings Fund (RIDCW-W) is rated as a 3 fund in Debt and delivered 7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Savings Fund (RIDCW-W).

Frequently Asked Questions

What is SBI Savings Fund (RIDCW-W)?

SBI Savings Fund (RIDCW-W) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in SBI Savings Fund (RIDCW-W)?

You can invest in SBI Savings Fund (RIDCW-W) 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 Savings Fund (RIDCW-W)?

The minimum sip amount for SBI Savings Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Savings Fund (RIDCW-W) good to invest in?

As per Scripbox experts, SBI Savings Fund (RIDCW-W) is a Neutral fund. You can investSBI Savings Fund (RIDCW-W) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the SBI Savings Fund (RIDCW-W)?

The expense ratio of the SBI Savings Fund (RIDCW-W) is 0.76% for regular plan.