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SBI Savings Fund - NAV, Returns, Performance & Investment Details 2024

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Invest in SBI Savings Fund with latest NAV of ₹44.00. Get complete details on AUM, expense ratio, investment objective, fund manager, performance & returns. Start SIP from ₹500.

Investment Objective and Approach

SBI Savings Fund is a debt-oriented mutual fund with a latest NAV of ₹44.00 as of May 2, 2025. The fund is designed as a conservative investment option focused on capital preservation with steady income generation. The fund follows a low-risk investment approach, primarily investing in debt and money market securities.

The investment strategy emphasizes maintaining high liquidity while ensuring security of principal. The expense ratio of SBI Savings Fund Plan is 0.25 as of May 2, 2025, making it a cost-effective option for conservative investors. The volatility or standard deviation for the SBI Savings Fund is 0.36, indicating very low risk and stable performance.

Key investment metrics as of May 2, 2025:

- AUM (assets under management) of SBI Savings Fund is ₹24,002.86 Cr

- Sharpe ratio for the SBI Savings Fund is 10.76, indicating better risk-adjusted performance

- Sortino Ratio for the SBI Savings Fund is 1.51, which helps evaluate how well a fund is performing relative to its downside risk

Fund Managers

Mr. Rajeev has joined SBI Funds Management Pvt. Ltd. in June 2008 and manages various Fixed Income schemes. He brings with him over 10 years of experience in funds management including around 2 years in equity funds and research and 8 years in Fixed Income management.

The fund management team follows a disciplined approach to debt investing, focusing on credit quality and duration management to optimize returns while maintaining low risk levels.

About the Fund House (AMC)

SBI Mutual Fund is a Joint Venture (JV) between one of India's largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company. The SBI Mutual Fund was set up on June 29, 1987 and was incorporated on February 7, 1992. It was India's second Mutual Fund after the Unit Trust of India started operations in 1963.

In July 2004, SBI decided to divest 37% of the Fund and roped in Amundi as a partner. Amundi is an asset management major created jointly by Crédit Agricole and Société Générale. Currently, SBI holds 63% stake in SBIFML and AMUNDI Asset Management holds 37% through a wholly owned subsidiary, Amundi India Holding.

As of March 2024, the SBI Mutual Fund manages assets worth Rs. 9.14 lakh crores. In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.

Notable achievements include:

- It was the first Indian Mutual Fund player to launch a 'Contra' fund, called the SBI Contra Fund

- SBI Mutual Fund is the first in India to launch an ESG Fund. An acronym for Environment, Social and Governance, the fund provides resources for sustainable investment in major markets

Should I Invest in SBI Savings Fund?

SBI Savings Fund is suitable for conservative investors seeking capital preservation with moderate returns. The fund's ultra-low volatility and high Sharpe ratio make it an attractive option for:

Ideal for:

- Conservative investors with low risk appetite

- Those seeking better returns than traditional savings accounts

- Emergency fund parking with high liquidity needs

- Short to medium-term investment horizon (1-3 years)

- First-time mutual fund investors

Consider carefully if:

- You're seeking high growth potential

- You have a long-term investment horizon (5+ years)

- Inflation-beating returns are a priority

- You can tolerate higher volatility for better returns

The fund's strong fund management team and backing of SBI's robust infrastructure provide additional confidence for conservative investors looking for steady, predictable returns.

FAQs

What is today's NAV of SBI Savings Fund?

The latest NAV for SBI Savings Fund is ₹44.00 as of May 2, 2025. NAV is updated daily and reflects the fund's per-unit value after market close.

What is the AUM of SBI Savings Fund?

The AUM (assets under management) of SBI Savings Fund is ₹24,002.86 Cr as of 2nd May 2025, indicating strong investor confidence and fund size.

What is the expense ratio of SBI Savings Fund?

The expense ratio of SBI Savings Fund Plan is 0.25 as of May 2, 2025, making it a cost-effective investment option for conservative investors.

What are the returns of SBI Savings Fund since inception?

Returns since inception are 7.03% p.a. as of July 30, 2025. Past performance doesn't guarantee future results, and returns may vary based on market conditions.

What is the minimum SIP amount to invest in SBI Savings Fund?

The minimum SIP investment is ₹500 and lump sum investment is ₹500. This low minimum makes it accessible for small investors to start their investment journey.

How do I invest in SBI Savings Fund?

You can invest in SBI Savings Fund through Allvest's platform online, SBI Mutual Fund's official website, or through registered mutual fund distributors with proper KYC documentation.

How to start a SIP in SBI Savings Fund?

Start your SIP through Allvest by completing KYC, selecting SBI Savings Fund, choosing SIP amount (minimum ₹500), and setting up auto-debit from your bank account.

How do I automate an SIP in SBI Savings Fund?

Set up auto-debit through Allvest's platform by providing bank details and NACH mandate. Your SIP will automatically deduct the chosen amount monthly from your linked bank account.

How can I withdraw/redeem my investment in SBI Savings Fund?

You can redeem your investment through Allvest's platform or SBI Mutual Fund's website. Most mutual fund investments are highly 'liquid'. After placing the redemption request, you can expect your investment to land in your bank account within two-three business days.