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 ₹7,432.53 Crores and the latest NAV decalared is ₹2491.429 as on 15 Jul 2020 at 1:18 pm.
SBI Banking and PSU Fund Direct - Growth scheme return performance in last 1 year is 12.10%, in last 3 years is 31.96% and 96.29% 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.