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SBI Magnum Income Direct Plan Bonus

Debt
Medium to Long Duration
Moderately High Risk
7.60%
3Y annualised
+0.32% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 06 Jul 2022₹36.40
Min. SIP amountNA
Rating5
Fund size₹1,543.25Cr

Returns and rankings

Category: Debt Medium to Long Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.7%7.6%7.2%8.2%
Category average3.0%7.4%6.6%NA
Rank with in category511NA
Understand terms

Holdings (29)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec20.6%
Tata Realty and Infrastructure Ltd.ConstructionDebenture4.3%
GOISovereignGOI Sec4.3%
Indian Bank
FinancialAdditional Tier 2 Bo4.2%
GOISovereignGOI Sec4.1%
Coastal Gujarat Power Ltd.
Capital GoodsDebenture3.8%
Mahindra Rural Housing Finance Ltd.FinancialDebenture3.7%
L&T Ahmedabad Maliya Tollway Ltd.ServicesSO3.7%
GOISovereignGOI Sec3.1%
Aadhar Housing Finance Ltd.FinancialDebenture3.1%
See All

Pros and cons

Category: Debt Medium to Long Duration

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 0.38%
Higher alpha: 3.25 The fund has generated returns higher than benchmark - CRISIL Medium to Long Duration Fund BIII Index - in the last 3Y
Higher expense ratio: 0.8%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.80%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Dinesh Ahuja
Jan 2013 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
Amc Image
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,

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FAQs

How to Invest in SBI Magnum Income Direct Plan Bonus?

You can easily invest in SBI Magnum Income Direct Plan Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for SBI Magnum Income Direct Plan Bonus from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in SBI Magnum Income Direct Plan Bonus as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Magnum Income Direct Plan Bonus provide?

The SBI Magnum Income Direct Plan Bonus has been there from 14 Jan 2013 and the average annual returns provided by this fund is 2.67% since its inception.

How much expense ratio is charged by SBI Magnum Income Direct Plan Bonus?

The term Expense Ratio used for SBI Magnum Income Direct Plan Bonus or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of SBI Magnum Income Direct Plan Bonus is 0.80% as of 07 Jul 2022...

What is the AUM of SBI Magnum Income Direct Plan Bonus?

The AUM, short for Assets Under Management of SBI Magnum Income Direct Plan Bonus is ₹1,543.25Cr as of 07 Jul 2022.

How to Redeem SBI Magnum Income Direct Plan Bonus?

If you want to sell your SBI Magnum Income Direct Plan Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Magnum Income Direct Plan Bonus?

You can select either SIP or Lumpsum investment of SBI Magnum Income Direct Plan Bonus based on your investment objective and risk tolerance.

What is the NAV of SBI Magnum Income Direct Plan Bonus?

The NAV of SBI Magnum Income Direct Plan Bonus is ₹36.40 as of 06 Jul 2022.

What is the PE and PB ratio of SBI Magnum Income Direct Plan Bonus?

The PE ratio ratio of SBI Magnum Income Direct Plan Bonus is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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