SBI Liquid Fund Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
3,890.920.02%
- Growth - Direct
(Earn upto 0.11% Extra Returns with Direct Plan)
Fund Category:
Debt: Liquid
Expense Ratio:
0.19%(0.15% Category
average)Fund Size:
Rs. 68,877.19 Cr(13.63% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
SBI Liquid Fund Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
3,890.920.02%
Expense Ratio:
0.19%
Fund Size:
Rs. 68,877.19 Cr
Fund Category:
Debt: Liquid
1. Current NAV: The Current Net Asset Value of the SBI Liquid Fund - Direct Plan as of Aug 28, 2024 is Rs 3,890.92 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.39% (1yr), 6.0% (3yr), 5.26% (5yr) and 6.8% (since launch). Whereas, Category returns for the same time duration are: 7.12% (1yr), 5.81% (3yr) and 5.05% (5yr).
3. Fund Size: The SBI Liquid Fund - Direct Plan currently holds Assets under Management worth of Rs 68877.19 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.19% for Direct plan as on Jul 31, 2024.
5. Exit Load: SBI Liquid Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
SBI Liquid Fund Direct Plan-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.58 1.77 3.65 7.39 6.00 5.26 Category Avg 0.56 1.70 3.50 7.12 5.81 5.05 Rank within Category 29 27 26 25 25 20 No. of funds within Category 46 44 43 42 38 37 - Loading...
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL Liquid Direct-G
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- Nifty 50
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SBI Liquid Fund Direct Plan-Growth Fund Details
Investment Objective - The scheme seeks to provide the investors an opportunity to invest in the entire range of debt and money market securities with residual maturity upto 91 days only.
Fund House | SBI Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | NIFTY Liquid Index B-I |
Return Since Launch | 6.8% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | Average |
SBI Liquid Fund Direct Plan-Growth Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.11 | 0.41 | 0.0002 | 0.1137 |
Average Maturity(Yrs) | 0.12 | 0.205 | 0.03 | 0.1188 |
Yield to Maturity(%) | 7.01 | 8.21 | 5.25 | 7.0464 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 25.23 | 20.22 |
Low Risk | 81.86 | 78.58 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | -7.09 | 1.21 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 0.01 |
CD | 32.27 | 29.61 |
T-Bills | 25.23 | 20.19 |
CP | 49.59 | 45.89 |
NCD & Bonds | - | 3.10 |
PTC | - | - |
Cash & Others | -7.09 | 1.22 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Reserve Bank of India | Short-term Debt | Financial | SOV | 39,500.04 | 5.73 | - |
Union Bank of India | Short-term Debt | Financial | A1+ | 29,725.41 | 4.32 | - |
Punjab National Bank | Short-term Debt | Financial | A1+ | 27,744.78 | 4.03 | 56,000 |
Reserve Bank of India | Short-term Debt | Financial | SOV | 25,854.04 | 3.75 | - |
Punjab National Bank | Short-term Debt | Financial | A1+ | 19,981.12 | 2.90 | - |
Reserve Bank of India | Short-term Debt | Financial | SOV | 19,825.68 | 2.88 | - |
Reliance Jio Infocomm Ltd | Short-term Debt | Communication | A1+ | 19,842.76 | 2.88 | - |
National Bank For Agriculture & Rural Development | Short-term Debt | Financial | A1+ | 19,797.76 | 2.87 | - |
Reserve Bank of India | Short-term Debt | Financial | SOV | 18,951.89 | 2.75 | - |
Reserve Bank of India | Short-term Debt | Financial | SOV | 18,834.40 | 2.73 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y SBI Liquid Fund Direct Plan-Growth 3,890.92 68,877.19 0.58 7.39 6.00 5.26 Union Liquid Fund Direct-Growth 2,397.96 4,309.48 0.59 7.45 6.06 5.33 Edelweiss Liquid Direct-Growth 3,212.40 5,428.32 0.59 7.50 6.06 5.37 Aditya Birla Sun Life Liquid Fund Direct-Growth 401.39 51,273.51 0.59 7.47 6.08 5.35 Mahindra Manulife Liquid Fund Direct -Growth 1,619.26 1,516.20 0.59 7.46 6.08 5.37
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
0.47VS0.46Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.93VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.50VS0.45Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
0.25VS0.23Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
2.13VS2.06Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
5.77VS5.74Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- R.R.Rajeev RadhakrishnanSince Dec 202312 schemes
- R.A.R ArunSince May 20185 schemes
Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA. Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y SBI Magnum Gilt Fund Direct-Growth Gilt 65.68 8,870.92 9.69 SBI Magnum Children's Benefit Fund - Investment Plan Direct - Growth Aggressive Hybrid 43.28 2,571.71 45.10 SBI Dynamic Bond Direct Plan-Growth Dynamic Bond 36.53 3,146.36 9.41 SBI Magnum Low Duration Fund Direct Plan-Growth Low Duration 3,403.26 11,204.01 7.72 SBI Magnum Children's Benefit Fund - Savings Plan Direct Conservative Hybrid 114.18 116.81 21.59 SBI Savings Fund Direct-Growth Money Market 41.69 29,357.76 7.66 SBI Equity Hybrid Fund Direct Plan-Growth Aggressive Hybrid 308.23 73,077.97 27.26 SBI Floating Rate Debt Fund Direct - Growth Floater 12.57 1,126.76 8.46 SBI Corporate Bond Fund Direct - Growth Corporate Bond 14.83 20,534.90 7.85 SBI Banking and PSU Fund Direct-Growth Banking and PSU 3,082.10 3,872.51 7.81 SBI Short Term Debt Fund Direct-Growth Short Duration 31.71 13,069.76 7.88 SBI Balanced Advantage Fund Direct - Growth Dynamic Asset Allocation 15.31 Unrated 32,144.90 25.13 Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP). Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y SBI Magnum Low Duration Fund Direct Plan-Growth Low Duration 3,403.26 11,204.01 7.72 SBI Arbitrage Opportunities Fund Direct-Growth Arbitrage 33.82 32,546.22 8.17 SBI Savings Fund Direct-Growth Money Market 41.69 29,357.76 7.66 SBI Magnum Ultra Short Duration Fund Direct-Growth Ultra Short Duration 5,711.45 13,220.09 7.52 SBI Overnight Fund Direct-Growth Overnight 4,000.16 16,624.51 6.77
More SBI Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
SBI Liquid Fund Direct Plan-Growth | 70,911.57 | 0.60 | 1.86 | 3.75 | 7.33 | 5.77 | |
SBI Equity Hybrid Fund Direct Plan-Growth | 68,372.47 | 4.19 | 8.98 | 12.91 | 25.95 | 14.41 | |
SBI Bluechip Direct Plan-Growth | 46,084.82 | 5.97 | 12.06 | 13.63 | 27.06 | 17.69 | |
SBI Focused Equity Fund Direct Plan-Growth | 33,488.95 | 6.89 | 13.39 | 15.99 | 33.89 | 16.38 | |
SBI Arbitrage Opportunities Fund Direct-Growth | 31,116.02 | 0.67 | 2.10 | 4.32 | 8.38 | 6.49 | |
SBI Contra Direct Plan-Growth | 30,520.42 | 6.59 | 12.78 | 20.93 | 49.29 | 29.99 | |
SBI Balanced Advantage Fund Direct - Growth | 30,096.32 | 3.49 | 6.95 | 13.85 | 25.85 | - | |
SBI Small Cap Fund Direct-Growth | 28,375.34 | 7.94 | 21.55 | 22.81 | 44.00 | 26.26 | |
SBI Savings Fund Direct-Growth | 24,347.58 | 0.65 | 1.96 | 3.93 | 7.53 | 6.02 | |
SBI Long Term Equity Fund Direct Plan-Growth | 23,887.64 | 6.60 | 16.01 | 29.12 | 59.90 | 29.02 |
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1. SBI Liquid Fund - Direct Plan is Open-ended Liquid Debt scheme which belongs to SBI Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide the investors an opportunity to invest in the entire range of debt and money market securities with residual maturity upto 91 days only. "
2. It is benchmarked against NIFTY Liquid Index B-I.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of SBI Liquid Fund - Direct Plan is 0.12 years and Duration is 0.11 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on SBI Liquid Fund Direct Plan-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about SBI Liquid Fund Direct Plan-Growth
- Is it safe to invest in SBI Liquid Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the SBI Liquid Fund - Direct Plan comes under Moderate risk category.
- What is the category of SBI Liquid Fund - Direct Plan?SBI Liquid Fund - Direct Plan belongs to the Debt : Liquid category of funds.
- How Long should I Invest in SBI Liquid Fund - Direct Plan?The suggested investment horizon of investing into SBI Liquid Fund - Direct Plan is <3 month. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the SBI Liquid Fund - Direct Plan?The SBI Liquid Fund - Direct Plan is managed by Rajeev Radhakrishnan (Since Dec 01, 2023) and R Arun (Since May 04, 2018).
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