Fund Details
SBI Magnum Constant Maturity Fund Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.32% |
| NAV | ₹16.61 (22 Jan 2021) |
|---|---|
| Fund Started | 03 Jan 2013 |
| Fund Size | ₹851 Cr |
Returns
Comparison
1. Lower expense ratio - 0.33%
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 47.7% |
| GOI | Sovereign | GOI Sec | 22.8% |
| GOI | Sovereign | GOI Sec | 14.0% |
| GOI | Sovereign | GOI Sec | 7.0% |
| GOI | Sovereign | GOI Sec | 3.2% |
| GOI | Sovereign | GOI Sec | 0.6% |
| GOI | Sovereign | GOI Sec | 0.6% |
Fund Managers
SBI Magnum Constant Maturity Fund Direct Dividend Monthly Details
SBI Magnum Constant Maturity Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 03 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Constant Maturity Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹851 Cr and the Latest NAV as of 22 Jan 2021 is ₹16.61.
The SBI Magnum Constant Maturity Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 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.
