Fund Details
SBI Magnum Constant Maturity Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.63% |
| NAV | ₹49.76 (12 May 2021) |
|---|---|
| Fund Started | 10 Jan 2001 |
| Fund Size | ₹822 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 48.1% |
| GOI | Sovereign | GOI Sec | 24.6% |
| GOI | Sovereign | GOI Sec | 16.4% |
| GOI | Sovereign | GOI Sec | 4.6% |
| GOI | Sovereign | GOI Sec | 3.2% |
| GOI | Sovereign | GOI Sec | 1.2% |
| 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 ₹822 Cr and the Latest NAV as of 12 May 2021 is ₹49.76.
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.
