SBI Short Term Debt Fund

 SBI Short Term Debt scheme aims to generate regular income with high degree of liquidity by investing in a portfolio comprising of money market instruments and debt securities which should not be rated below investment grade by a credit rating agency.

SBI Short Term Debt Fund one- and three-year returns are 9.4 per cent and 9.35 per cent, respectively. The three-year returns are 40 basis points ahead of the category returns and 146 basis points ahead of the benchmark returns.

SBI Short Term Debt Fund  has a very low-risk approach to portfolio construction. Over the past one year, the fund has relied almost entirely on AAA rated corporate bonds and sovereign debt for its returns. The fund, however, actively juggles between AAA rated bonds and gilt exposures to take advantage of narrowing or widening credit spreads.

While very conservative on credit, it does stretch the duration to three plus years based on rate expectations. In the last one year, the average maturity has swung between two and 3.1 years. 

SBI Short Term Debt Fund expense ratio for the regular plan is somewhat high within this selection, at 0.91 per cent. But the direct plan is considerably cheaper, at 0.31 per cent.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300