About SBI Banking and PSU Fund Direct-Growth
SBI Banking and PSU Fund Direct-Growth 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 ₹2,952.08 Crores and the latest NAV decalared is ₹2300.611 as on 05 Dec 2019 at 10:00 pm.
SBI Banking and PSU Fund Direct-Growth scheme return performance in last 1 year is 11.19%, in last 3 years is 27.67% and 81.25% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
Scheme Objective
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.