Fund Details
SBI Magnum Constant Maturity Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.64% |
| NAV | ₹49.82 (22 Jan 2021) |
|---|---|
| Fund Started | 10 Jan 2001 |
| Fund Size | ₹851 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. 5Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. 3Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
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 Growth Details
SBI Magnum Constant Maturity Fund Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 10 Jan 2001. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Constant Maturity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹851 Cr and the Latest NAV as of 22 Jan 2021 is ₹49.82.
The SBI Magnum Constant Maturity Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
