SBI Short Term Debt Fund - Regular Plan -Growth

SBI Short Term Debt Fund - Regular Plan -Growth is a scheme launched by SBI Mutual Fund on July 27, 2007, and falls under the Short Duration fund category. It currently manages an AUM of Rs 16,386.67 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.85% for managing the portfolio.

• Investing Strategy:

  To provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.

• Performance:

  SBI Short Term Debt Fund - Regular Plan -Growth trailing returns over different times are 8.22% (1 year), 7.34% (3 year) and 5.9% (5 year). The average annual return of this fund stands at 5.97%.