SBI Floating Interest Rates Fund - Direct (G)

You can invest in SBI Floating Interest Rates Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹5,000 and the minimum SIP amount is ₹500.

The latest NAV of SBI Floating Interest Rates Fund - Direct (G) is ₹14.48.

SBI Floating Interest Rates Fund - Direct (G) manages assets worth ₹677.10 Cr.

The expense ratio of SBI Floating Interest Rates Fund - Direct (G) is 0.28%.

The exit load applicable on SBI Floating Interest Rates Fund - Direct (G) is For Exit within 3 days from the date of allotment: 0.10%, For Exit on or after 3 days from the date of allotment: Nil..

As per the riskometer, SBI Floating Interest Rates Fund - Direct (G) carries Moderately Low risk.

SBI Floating Interest Rates Fund - Direct (G) is managed by SBI Mutual Fund.

SBI Floating Interest Rates Fund - Direct (G) belongs to the Floating Interest Rates Fund category.

SBI Floating Interest Rates Fund - Direct (G) is benchmarked against the NIFTY Short Duration Debt Index A-II.

SBI Floating Interest Rates Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

SBI Floating Interest Rates Fund - Direct (G) was launched on 27 Oct 2020.

After the initial investment, you can invest in SBI Floating Interest Rates Fund - Direct (G) in further multiples of ₹1,000.

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns.