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SBI Floating Interest Rates Fund(G)-Direct Plan

SBI Floating Interest Rates Fund(G)-Direct Plan

DebtDirect GrowthMedium Risk

+6.76%

5Y annualised

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Buy, Hold or Sell?

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NAV : 28 Aug 2026

₹14.47

Min. SIP amount

₹500

Fund size (AUM)

685 Cr

Expense ratio

0.25%

Launched on

27 Oct 2020

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

8,000

3M6M1Y3Y
Total investment
2,88,000
Would've become
3,24,720

Stock Allocation

Stock nameSectorAllocation
7.02% Cgl 2031Government Securities21.94%
6.01% Cgl 2030Government Securities11.25%
TrepsCash & Cash Equivalents And Net Assets8.48%

Fund Composition

685 Cr

Others

100.00%

Sector Allocation

685 Cr

Government Securities

74.96%

Corporate Debt

11.26%

Cash & Cash Equivalents And Net Assets

8.15%

Certificate Of Deposit

4.11%

Alternative Investment Fund

0.81%

Commercial Paper

0.70%

Minimum investments

Min. for SIP500
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Income)

Exit load, stamp duty and tax

Exit load

0.10% on or before 3D, Nil after 3D

No exit load after holding period

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

AB

Ardhendu Bhattacharya

Present

RR

Rajeev Radhakrishnan

Present

Similar/Peer Fund Comparison

Fund name
A

Axis Floating Interest Rates Fund(G)-Direct Plan

+8.43%
B

Bandhan Floating Interest Rates Fund(G)-Direct Plan

+7.87%
F

Franklin India Floating Interest Rates Fund(G)-Direct Plan

+8.16%
I

ICICI Pru Floating Interest Rates Fund(G)-Direct Plan

+7.91%
S

SBI Floating Interest Rates Fund(G)-Direct Plan

+7.67%
T

Tata Floating Interest Rates Fund(G)-Direct Plan

+7.50%
I

ICICI Pru Ultra Short to Short Term Fund(G)-Direct Plan

+7.48%
U

UTI Floating Interest Rates Fund(G)-Direct Plan

+7.13%

FAQs

SBI Floating Interest Rates Fund(G)-Direct Plan is a part of SBI Funds Management Limited, it was incepted on 27 Oct 2020. This fund is managed by Ardhendu Bhattacharya and Rajeev Radhakrishnan. It is a Debt type of fund.

The current NAV of SBI Floating Interest Rates Fund(G)-Direct Plan is ₹14.47 (as of 28 Aug 2026).

SBI Floating Interest Rates Fund(G)-Direct Plan has delivered 6.60% in 1 year, 7.67% in 3 years, and 6.76% in 5 years (annualised).

The minimum SIP amount for SBI Floating Interest Rates Fund(G)-Direct Plan is ₹500.

The expense ratio of SBI Floating Interest Rates Fund(G)-Direct Plan is 0.25%.

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