About SBI Banking and PSU Fund Direct-Dividend Weekly
SBI Banking and PSU Fund Direct-Dividend Weekly 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 ₹2,702.60 Crores and the latest NAV decalared is ₹1034.736 as on 11 Nov 2019 at 9:00 pm.
SBI Banking and PSU Fund Direct-Dividend Weekly scheme return performance in last 1 year is 10.92%, in last 3 years is 27.27% and 58.72% 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.