SBI Floating Rate Debt Fund Direct - Growth

Q: What are the returns of SBI Floating Rate Debt Fund?

The SBI Floating Rate Debt Fund is a 4 yrs 6 m old fund and has delivered average annual returns of 6.5% since inception. SBI Floating Rate Debt Fund Returns 1-Year 3-Year Since Inception 8.99% 7.59% 6.5%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹13.2808+0.03% 1 day change	6.5% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹13.2808 as on Apr 23, 2025

This fund Category average

SBI Floating Rate Debt Fund overview

VRO rating	3
Expense ratio	0.26% as on Mar 31, 2025
Exit load	0.1% Exit load of 0.10%, if redeemed within 3 days.!
AUM (Fund size)	₹1,226 Crs
Lock-in	No Lockin
Age	4 yrs 6 m since Oct 06, 2020
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Floating Rate Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	1.3%	1.73%
3 months	2.71%	3.11%
6 months	4.36%	4.89%
1 year	8.99%	9.73%
3 years	7.59%	7.81%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 59.58133119%

AAA 28.15370054%

Cash & Call Money 12.19703244%

A1+ 7.77982424%

Top Debt Holdings

GOI 55.46%

Pipeline Infrastructure (India) Pvt. Ltd. 6.42%

National Bank For Agriculture & Rural Development 6.19%

Madhya Pradesh State 4.12%

Allocation by Instruments

GOI Securities 55.45928387%

Debenture 28.153700540000003%

Net Receivables 10.21995184%

Certificate of Deposit 7.77982424%

Other Holdings

Others 0.44%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
SBI Floating Rate Debt Fund	N.A.	₹1,226 Crs	4 yrs 6 m	0.26%
Franklin India Floating Rate Fund	N.A.	₹314 Crs	12 yrs 3 m	0.28%
UTI Floater Fund	N.A.	₹1,385 Crs	6 yrs 6 m	0.45%
HDFC Floating Rate Debt Fund	N.A.	₹14,724 Crs	12 yrs 3 m	0.26%
Aditya Birla Sun Life Floating Rate Fund	N.A.	₹13,275 Crs	12 yrs 3 m	0.22%
ICICI Prudential Floating Interest Fund	N.A.	₹6,964 Crs	12 yrs 3 m	0.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Floating Rate Debt Fund	1.3%	4.36%	8.99%	7.59%	N.A.	N.A.
Franklin India Floating Rate Fund	2.19%	5.39%	10.24%	8.3%	7.01%	7.05%
UTI Floater Fund	1.29%	4.25%	8.11%	7.08%	6.34%	4.45%
HDFC Floating Rate Debt Fund	1.49%	4.63%	9.21%	7.83%	7.22%	7.64%
Aditya Birla Sun Life Floating Rate Fund	1.3%	4.37%	8.62%	7.5%	6.86%	7.63%
ICICI Prudential Floating Interest Fund	1.39%	4.44%	9.03%	8.21%	7.64%	8.03%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Floating Rate Debt Fund	0.78	1.53	1.1	1.24
Franklin India Floating Rate Fund	0.74	1.42	1.84	2.15
UTI Floater Fund	0.56	1.19	0.8	0.91
HDFC Floating Rate Debt Fund	0.76	1.3	1.42	1.35
Aditya Birla Sun Life Floating Rate Fund	0.59	1.22	1.47	1.55
ICICI Prudential Floating Interest Fund	1.12	1.08	1.3	1.6

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.04 vs. 4.1 Underperformed at beating benchmark
Sharpe	1.1 vs. 4.82 Poor risk-adjusted returns
Beta	1.53 vs. 1.4 More sensitive to market's ups & downs
Standard deviation	0.78 vs. 0.93 More stable returns

Compare SBI Floating Rate Debt Fund in detail with

About this fund

About SBI Floating Rate Debt Fund

SBI Floating Rate Debt Fund Direct - Growth is a Floater mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 4 yrs 6 m, having been launched on 06/10/2020. SBI Floating Rate Debt Fund Direct - Growth has ₹1,226 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Floating Rate Debt Fund Direct - Growth as of 23/04/2025 is ₹13.28. The fund has an expense ratio of 0.26%, which is close to what most other Floater funds charge.

SBI Floating Rate Debt Fund Direct - Growth returns of last 1-year are 9.02%. Since launch, it has delivered 6.52% average annual returns.
SBI Floating Rate Debt Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, Pipeline Infrastructure (India) Pvt. Ltd., National Bank For Agriculture & Rural Development, Madhya Pradesh State, Citi Corp Finance Ltd.

...

Fund AUM	₹1,226 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Rajeev Radhakrishnan

Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA. Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Ardhendu Bhattacharya

Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering. Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.

Investment objective

The scheme seeks 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.

SBI Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹10,76,364 Crs as on Mar 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

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Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
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SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	₹2,508 Crs	13.43%	N.A.
SBI Dynamic Bond Fund	N.A.	₹3,410 Crs	12.27%	9.0%
SBI Magnum Constant Maturity Fund	N.A.	₹1,831 Crs	12.68%	8.59%
SBI Long Duration Fund	N.A.	₹2,982 Crs	13.58%	N.A.
SBI Credit Risk Fund	N.A.	₹2,255 Crs	9.97%	8.33%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Floating Rate Debt Fund?

The current Net Asset Value (NAV) of the SBI Floating Rate Debt Fund - Direct Growth plan is approximately ₹13.2808 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The SBI Floating Rate Debt Fund is a 4 yrs 6 m old fund and has delivered average annual returns of 6.5% since inception.

SBI Floating Rate Debt Fund Returns

1-Year	3-Year	Since Inception
8.99%	7.59%	6.5%

How much does this mutual fund charge as expense ratio?

The SBI Floating Rate Debt Fund - Direct Growth has an expense ratio of 0.26%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The SBI Floating Rate Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,226 Crs crore as of Mar 31, 2025.

To whom does SBI Floating Rate Debt Fund lend to?

The top 3 debt holdings of SBI Floating Rate Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	55.46%
Pipeline Infrastructure (India) Pvt. Ltd.	6.42%
National Bank For Agriculture & Rural Development	6.19%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The SBI Floating Rate Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	59.58133119%
AAA	28.15370054%
Cash & Call Money	12.19703244%

What is risk level of SBI Floating Rate Debt Fund?

This is a Floater fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in SBI Floating Rate Debt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for SBI Floating Rate Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in SBI Floating Rate Debt Fund is complete.

How can I redeem my investments in SBI Floating Rate Debt Fund?

Redeeming your investments in SBI Floating Rate Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in SBI Floating Rate Debt Fund from anywhere else, you can go to the fund house website and put a request through it.