Fund Details
SBI Magnum Gilt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.47% |
| NAV | ₹52.19 (22 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹4,396 Cr |
Returns
Comparison
1. Lower expense ratio - 0.47%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 24.1% |
| GOI | Sovereign | GOI Sec | 17.4% |
| GOI | Sovereign | GOI Sec | 9.5% |
| GOI | Sovereign | GOI Sec | 7.6% |
| GOI | Sovereign | GOI Sec | 5.7% |
| GOI | Sovereign | GOI Sec | 5.3% |
| Reserve Bank of India | Financial | T-Bills | 4.5% |
| Reserve Bank of India | Financial | T-Bills | 2.3% |
| Reserve Bank of India | Financial | T-Bills | 0.6% |
| GOI | Sovereign | GOI Sec | 0.5% |
Fund Managers
SBI Magnum Gilt Fund Direct Growth Details
SBI Magnum Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,396 Cr and the Latest NAV as of 22 Jan 2021 is ₹52.19.
The SBI Magnum Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
