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Home>Mutual Funds>SBI Mutual Fund>SBI Magnum Constant Maturity Fund Direct IDCW Monthly

SBI Magnum Constant Maturity Fund Direct IDCW Monthly

Debt
Gilt 10 year
Moderate Risk
Payout
10.06%
3Y annualised
+0.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Nov 2021₹17.15
Min. SIP amount₹500
RatingNA
Fund size₹734.31Cr

Returns and rankings

Category: Debt Gilt 10 year
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%10.1%8.8%9.9%
Category average2.7%10.5%8.7%NA
Rank with in category232NA
Understand terms

Holdings (7)

NameSectorInstrumentAssets
SovereignGOI Sec46.6%
GOI
SovereignGOI Sec18.7%
GOI
SovereignGOI Sec10.7%
GOI
SovereignGOI Sec6.5%
SovereignGOI Sec3.9%
GOI
SovereignCGL2.1%
GOI
SovereignCGL2.1%

Pros and cons

Category: Debt Gilt 10 year

Pros

1Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.32%
Consistently top ranked fund
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

3Y annualised returns lower than category average by 0.07%

Expense ratio, exit load and tax

Expense ratio: 0.34%

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 2020 - Present
View details
Mahak Khabia
May 2018 - Present
View details

Fund house & investment objective

Fund house contact details

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