SBI Magnum Income Direct Plan Growth

Debt
Medium to Long Duration
Moderately High Risk
6.54%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Nov 2024₹72.27
Min. SIP amount₹500
Rating4
Fund size₹1,795.93Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Medium to Long Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.0%6.5%7.6%8.2%
Category average8.4%5.4%5.8%NA
Rank with in category1151NA
Understand terms

Peer Comparison

Debt, Medium to Long Duration fundsRating1Y3YFund Size(Cr)
5
9.0%8.2%314.88
4
9.1%6.6%2,959.92
3
9.3%6.6%427.04
4
9.0%6.5%1,795.93
3
9.5%6.0%856.91

Holdings (16)

NameSectorInstrumentAssets
SovereignGOI Sec15.71%
GOI
SovereignGOI Sec15.60%
GOI
SovereignGOI Sec14.36%
SovereignGOI Sec5.71%
Torrent Power Ltd.
EnergyDebenture4.28%
ConstructionDebenture4.17%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.
OthersNCD4.10%
Indostar Capital Finance Ltd.
FinancialDebenture3.26%
FinancialDebenture3.05%
JM Financial Credit Solutions Ltd.
FinancialDebenture2.79%
Bharti Telecom Ltd.
CommunicationDebenture2.77%
Tata Power Renewable Energy Ltd.
Capital GoodsDebenture2.77%
Jindal Stainless Ltd.
Metals & MiningDebenture2.42%
FinancialNCD1.87%
FinancialDebenture1.66%
FinancialNCD1.39%
See All

Expense ratio, exit load and tax

Expense ratio: 0.78%

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.

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

Lokesh Mallya
Dec 2023 - Present
View details

Education
Mr. Mallya is MBA and FRM.
Experience
Prior to SBI Mutual Fund, he has worked with Aditya Birla Sun Life AMC as fund manager (Sept 2009-Sept 2014) and as Credit Analyst (July 2006 - Aug 2009).
Also manages these schemes

Pradeep Kesavan
Dec 2023 - Present
View details

Education
Mr. Kesavan has done B.Com, MBA (Finance) and CFA
Experience
Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech
Also manages these schemes

Adesh Sharma
Dec 2023 - Present
View details

Education
Mr. Sharma has done B.Tech, M.Tech and PGDM (Finance)
Experience
Prior to joining SBI Mutual Fund, he has worked with IDFC Bank and Deutsche Bank AG
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
E-mail
NA
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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