SBI Magnum Gilt Fund Direct Growth-0.10%

4Groww
14.50%
1 Year Return
Debt
Gilt
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Gilt Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.50%
NAV46.83 (29 Jan 2020)
Fund Started02 Jan 2013
Fund Size1,945 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Gilt Fund Direct Growth
14.5%
7.6%
9.1%
10.4%
Category Average
10.3%
6.6%
8.2%
-
Rank within category
2
4
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 14.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec28.6%
    GOISovereignGOI Sec15.1%
    Reserve Bank of IndiaFinancialCMB10.2%
    Reserve Bank of IndiaFinancialT-Bills7.7%
    Reserve Bank of IndiaFinancialT-Bills7.6%
    Reserve Bank of IndiaFinancialT-Bills7.6%
    GOISovereignGOI Sec3.5%
    GOISovereignGOI Sec1.1%
    GOISovereignGOI Sec0.5%

    Fund Managers

    addDinesh Ahuja
    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.
    Funds Managed

    Other Details

    SBI Magnum Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,945 Cr and the Latest NAV as of 29 Jan 2020 is ₹46.83.

    The SBI Magnum Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    29 Jun 1987
    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,
    Invest Now
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