Objective: 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
SBI Floating Rate Debt Fund Direct Growth is an Fixed Income - Floating Rate fund. The fund was launched inOct 27, 2020. Its risk level is . The NAV of the fund as onJul 15, 2025 is ₹13.51. Its expense ratio is 0.26 %. The fund has an AUM of ₹1,228.73 Cr.The fund is managed byRajeev Radhakrishnan,Mohit Jain,Ardhendu Bhattacharya,Pradeep Kesavan.
The minimum initial investment is ₹5000 in Lumpsum mode.