Fund has been able to generate better returns than other funds in same sector
Hefty expense ratio implies reduced returns over the long term
Fund has not been able to generate better price return than bank FD
Credit rating of debt intruments is high and default probability is low
Overnight funds are debt funds. They invest in debt securities with overnight maturities. These funds are the most liquid investment securities with the minimum exposure to risk.
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Expected growth rate
The SBI Mutual Fund Trustee Company Private Limited was set up as a trust under the Trust Act of 1882. The SBI Mutual Fund is a Joint Venture between the State Bank of India, and Amundi, which is a French asset management company.
₹ 3,53,848.00 Cr.