About SBI Banking and PSU Fund Direct-Dividend Monthly
SBI Banking and PSU Fund Direct-Dividend Monthly is a Debt
mutual fund scheme from SBI Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Rajeev Radhakrishnan
. It has an AUM of ₹2,614.90 Crores and the latest NAV decalared is ₹1121.505 as on 17 Oct 2019 at 11:35 pm.
SBI Banking and PSU Fund Direct-Dividend Monthly scheme return performance in last 1 year is 10.75%, in last 3 years is 26.99% and 54.72% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.