SBI Magnum Gilt Fund Growth-0.96%

4Groww
15.27%
1 Year Return
Debt
Gilt
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Gilt Fund Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.96%
NAV44.08 (20 Sep 2019)
Fund Started30 Dec 2000
Fund Size1,639 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Gilt Fund Growth
15.3%
8.3%
10.4%
8.2%
Category Average
14.4%
7.6%
9.8%
-
Rank within category
9
5
3
-
*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
    30
    with 15.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec25.4%
    GOISovereignGOI Sec20.9%
    GOISovereignGOI Sec13.4%
    GOISovereignGOI Sec6.0%
    GOISovereignGOI Sec5.2%
    Tamilnadu StateOthersSDL4.6%
    Maharashtra StateOthersSDL3.1%
    GOISovereignGOI Sec1.9%
    Maharashtra StateOthersSDL1.0%
    Karnataka StateOthersSDL0.3%
    See All

    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 Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 30 Dec 2000. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹1,639 Cr and the Latest NAV as of 20 Sep 2019 is ₹44.08.

    The SBI Magnum Gilt Fund 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
    28 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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