About SBI Short Term Debt Fund Direct-Dividend Weekly
SBI Short Term Debt 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 ₹8,135.75 Crores and the latest NAV decalared is ₹10.559 as on 11 Oct 2019 at 9:45 pm.
SBI Short Term Debt Fund Direct-Dividend Weekly scheme return performance in last 1 year is 10.68%, in last 3 years is 24.75% and 76.04% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme seeks to provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.