SBI Corporate Bond Fund - IDCW - Regular Plan

Item: SBI Corporate Bond Fund - IDCW - Regular Plan
Rating: 2
Author: PersonalFN

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₹14.5411 0.02 %Nav, as on 21-02-2025
Previous Nav
₹ 14.5381
Net Change on 21-02-2025
₹0
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 20,302.63
Expense Ratio
0.76%
(As on Jan 31, 2025)

Fund Overview IDCW | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
01-Feb-2019
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
13.88
52 Week Low Nav Date
21-Feb-2024
52 Week High Nav (₹)
14.97
52 Week High Nav Date
21-Feb-2025

Fund Objective

The investment objective of the scheme is to provide the investors an opportunity to predominantlyinvest in corporate bonds rated AA+ and above to generate additional spread on part of their debtinvestments from high quality corporate debt securities while maintaining moderate liquidity in theportfolio through investment in money market securities.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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
SBI Corporate Bond Fund - Regular Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW)	7.96	6.95	7.83	6.08	6.01	6.74
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI Corporate Bond Fund - Regular Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW)	Feb 01, 2019	7.83	6.08	6.01	0.76	20,302.63
HDFC Corporate Bond Fund - IDCW Option	Oct 22, 2014	8.21	6.50	6.69	0.61	32,420.80
HDFC Corporate Bond Fund - Quarterly IDCW Option	Jun 29, 2010	8.21	6.50	6.59	0.61	32,420.80
ICICI Prudential Corporate Bond Fund - Monthly IDCW	Jul 23, 2009	7.93	6.92	6.69	0.58	29,133.56
ICICI Prudential Corporate Bond Fund -Quarterly IDCW	Feb 17, 2012	7.94	6.92	6.70	0.58	29,133.56
Aditya Birla Sun Life Corporate Bond Fund -REGULAR - IDCW	Oct 11, 2013	8.18	6.77	6.61	0.51	25,495.12

Fund Holdings as on 31-January-2025

Company % Assets
6.79% CGL 2034
10.30
Net Receivable / Payable
7.08
National Bank for Agriculture and Rural Development
5.07
Larsen & Toubro Ltd.
4.19
Tata Communications Ltd.
3.21
India Universal Trust AL2 (Obligor - HDFC Bank Ltd.)
3.07
Pipeline Infrastructure Pvt Ltd.
2.99
LIC Housing Finance Ltd.
2.46
L&T Metro Rail (Hyderabad) Ltd. [Guaranteed by Larsen & Toubro Ltd.]
2.32
Small Industries Development Bank of India
1.88
Summit Digitel Infrastructure Pvt. Ltd.
1.87
Sikka Ports & Terminals Ltd.
1.85
Power Finance Corporation Ltd.
1.80
Sundaram Finance Ltd.
1.71
IndiGrid Infrastructure Trust
1.62
Tata Capital Housing Finance Ltd.
1.58
Mindspace Business Parks Reit
1.47
Larsen & Toubro Ltd.
1.37
Bajaj Finance Ltd.
1.30
Jamnagar Utilities & Power Pvt. Ltd.
1.24
IndiGrid Infrastructure Trust
1.24
NHPC Ltd.
1.23
Small Industries Development Bank of India
1.23
Indian Railway Finance Corporation Ltd.
1.16
Bajaj Housing Finance Ltd.
1.13
Highways Infrastructure Trust
1.12
Summit Digitel Infrastructure Pvt. Ltd.
1.11
Mahindra Rural Housing Finance Ltd.
1.11
Bajaj Housing Finance Ltd.
1.11
Sundaram Finance Ltd.
1.08
Summit Digitel Infrastructure Pvt. Ltd.
0.99
Sikka Ports & Terminals Ltd.
0.99
Sundaram Home Finance Ltd.
0.99
Power Finance Corporation Ltd.
0.98
Summit Digitel Infrastructure Pvt. Ltd.
0.98
Tata Capital Housing Finance Ltd.
0.94
TATA Capital Ltd.
0.89
LIC Housing Finance Ltd.
0.85
HDB Financial Services Ltd.
0.84
Highways Infrastructure Trust
0.84
Bajaj Housing Finance Ltd.
0.79
SMFG India Credit Company Ltd.
0.74
SMFG India Credit Company Ltd.
0.74
REC Ltd.
0.72
HDFC Bank Ltd.
0.69
Power Grid Corporation of India Ltd.
0.68
Mindspace Business Parks Reit
0.67
Small Industries Development Bank of India
0.66
Mindspace Business Parks Reit
0.65
Toyota Financial Services India Ltd.
0.62
Small Industries Development Bank of India
0.61
TREPS
0.61
Mahanagar Telephone Nigam Ltd.
0.59
TATA Capital Ltd.
0.52
IndiGrid Infrastructure Trust
0.50
LIC Housing Finance Ltd.
0.50
Power Finance Corporation Ltd.
0.49
Small Industries Development Bank of India
0.49
REC Ltd.
0.49
SMFG India Credit Company Ltd.
0.49
Canara Bank( Tier II Bond under Basel III )
0.49
IndiGrid Infrastructure Trust
0.45
LIC Housing Finance Ltd.
0.44
IndiGrid Infrastructure Trust
0.39
National Bank for Agriculture and Rural Development
0.38
Pipeline Infrastructure Pvt Ltd.
0.37
Toyota Financial Services India Ltd.
0.37
Small Industries Development Bank of India
0.37
Bajaj Finance Ltd.
0.30
Sundaram Home Finance Ltd.
0.30
IndiGrid Infrastructure Trust
0.29
Corporate Debt Market Development Fund-A2
0.27
National Bank for Agriculture and Rural Development
0.26
Small Industries Development Bank of India
0.25
Kotak Mahindra Prime Ltd.
0.25
National Bank for Agriculture and Rural Development
0.25
Bajaj Finance Ltd.
0.25
REC Ltd.
0.25
Kotak Mahindra Prime Ltd.
0.25
Kotak Mahindra Prime Ltd.
0.25
SMFG India Credit Company Ltd.
0.25
Sundaram Home Finance Ltd.
0.25
REC Ltd.
0.25
National Bank for Agriculture and Rural Development
0.25
Power Finance Corporation Ltd.
0.25
Bharat Sanchar Nigam Ltd.
0.22
LIC Housing Finance Ltd.
0.15
Bajaj Housing Finance Ltd.
0.12
Tata Capital Housing Finance Ltd.
0.12
National Bank for Agriculture and Rural Development
0.12
John Deere Financial India Pvt. Ltd.
0.12
Jamnagar Utilities & Power Pvt. Ltd.
0.04
7.63% State Government of Jharkhand 2030
0.02
Mahanagar Telephone Nigam Ltd.
0.01

Sector Holding%
Miscellaneous
77.47

Fund Manager

Rajeev Radhakrishnan

Education:B.E (Production), MMS (Finance) & CFA
Experience:10 Year
Basic Details:Mr. Rajeev has joined SBI Funds Management Pvt. Ltd. in June 2008 and manages various Fixed Income schemes. He brings with him over 10 years of experience in funds management including around 2 years in equity funds and research and 8 years in Fixed Income Funds. He was earlier associated with UTI Mutual Fund as a Co-Fund Manager, managing fixed income funds and debt portion of balanced schemes.
Funds Managed:
SBI Balanced Advantage Fund
SBI Magnum Children's Benefit Fund - Investment Plan
SBI Corporate Bond Fund
SBI Dynamic Bond Fund
SBI Dynamic Bond Fund
SBI Equity Hybrid Fund
SBI Floating Rate Debt Fund
SBI Liquid Fund
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Balanced Advantage Fund
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Dynamic Bond Fund
SBI Equity Hybrid Fund
SBI Floating Rate Debt Fund
SBI Liquid Fund
SBI Magnum Children's Benefit Fund - Investment Plan
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Gilt Fund
SBI Magnum Low Duration Fund
SBI Magnum Ultra Short Duration Fund
SBI Savings Fund
SBI Short Term Debt Fund

Ardhendu Bhattacharya

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/12/2019
1.60
27/09/2019
1.50

Holding Type Holding %
[ICRA]AAA
14.97
CARE AAA
3.21
Cash
7.69
CRISIL A1+
1.18
CRISIL AAA
54.47
CRISIL AAA(CE)
2.54
CRISIL AAA(SO)
3.07
IND AAA
1.72
IND AAA(CE)
0.60
Sovereign
10.32
Unrated
0.27

About SBI Corporate Bond Fund

Scheme Analysis

SBI Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to SBI Mutual Fund. It was launched on 01-Feb-2019 and currently has an AUM of ₹20,302.63 crore. SBI Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of SBI Corporate Bond Fund ended up ₹0(0.02%)yesterday to ₹14.5411.

Among its top 3 holdings the fund has exposure to 6.79% CGL 2034, and

The SBI Corporate Bond Fund is managed by Rajeev Radhakrishnan and Ardhendu Bhattacharya.

Fund House Contact

Address:

9th Floor, Crescenzo, C - 38 & 39 G Block, BKC, Bandra (East) Mumbai - 400 051

Phone Number: 022 - 61793537

Email Address: customer.delight@sbimf.com

Fax Number: 022 - 22189663

Website: www.sbimf.com

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