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SBI Magnum Gilt Fund Direct Growth

Debt
Gilt
Low to Moderate Risk
6.87%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Jul 2022₹54.57
Min. SIP amount₹500
Rating5
Fund size₹3,532.23Cr

Returns and rankings

Category: Debt Gilt
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.1%6.9%7.0%9.4%
Category average2.5%9.3%7.8%NA
Rank with in category145NA
Understand terms

Holdings (18)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec12.1%
Reserve Bank of India
FinancialT-Bills11.6%
Reserve Bank of India
FinancialT-Bills9.9%
Reserve Bank of India
FinancialT-Bills8.4%
GOI
SovereignGOI Sec6.5%
Reserve Bank of India
FinancialT-Bills5.6%
Reserve Bank of India
FinancialT-Bills5.6%
GOI
SovereignGOI Sec3.9%
Maharashtra State
OthersSDL3.7%
GOI
SovereignGOI Sec3.0%
See All

Pros and cons

Category: Debt Gilt

Pros

Cons

Consistently top ranked fund
3Y and 5Y annualised returns lower than category average
Higher alpha: 2.37 The fund has generated returns higher than benchmark - NIFTY All Duration G-Sec Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.46%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.6%

Expense ratio, exit load and tax

Expense ratio: 0.46%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Dinesh Ahuja
Jan 2013 - Present
View details

Education
Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience
Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
Amc Image
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in SBI Magnum Gilt Fund Direct Growth?

You can easily invest in SBI Magnum Gilt Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for SBI Magnum Gilt Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in SBI Magnum Gilt Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Magnum Gilt Fund Direct Growth provide?

The SBI Magnum Gilt Fund Direct Growth has been there from 02 Jan 2013 and the average annual returns provided by this fund is 3.06% since its inception.

How much expense ratio is charged by SBI Magnum Gilt Fund Direct Growth?

The term Expense Ratio used for SBI Magnum Gilt Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of SBI Magnum Gilt Fund Direct Growth is 0.46% as of 06 Jul 2022...

What is the AUM of SBI Magnum Gilt Fund Direct Growth?

The AUM, short for Assets Under Management of SBI Magnum Gilt Fund Direct Growth is ₹3,532.23Cr as of 06 Jul 2022.

How to Redeem SBI Magnum Gilt Fund Direct Growth?

If you want to sell your SBI Magnum Gilt Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Magnum Gilt Fund Direct Growth?

You can select either SIP or Lumpsum investment of SBI Magnum Gilt Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of SBI Magnum Gilt Fund Direct Growth?

The NAV of SBI Magnum Gilt Fund Direct Growth is ₹54.57 as of 05 Jul 2022.

What is the PE and PB ratio of SBI Magnum Gilt Fund Direct Growth?

The PE ratio ratio of SBI Magnum Gilt Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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