How to Invest in SBI Magnum Income Direct Plan Growth?

You can easily invest in SBI Magnum Income Direct Plan Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance

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

The SBI Magnum Income Direct Plan Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.17% since its inception.

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

The term Expense Ratio used for SBI Magnum Income Direct Plan Growth 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 Growth is 0.77% as of 20 Nov 2025...

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

The AUM, short for Assets Under Management of SBI Magnum Income Direct Plan Growth is ₹2,171.28Cr as of 20 Nov 2025.

How to Redeem SBI Magnum Income Direct Plan Growth?

If you want to sell your SBI Magnum Income Direct Plan Growth 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 Growth?

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

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

The NAV of SBI Magnum Income Direct Plan Growth is ₹77.51 as of 19 Nov 2025.

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

The PE ratio ratio of SBI Magnum Income Direct Plan Growth 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).

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	13.85%
GOI	Sovereign	GOI Sec	11.51%
GOI	Sovereign	GOI Sec	8.17%
National Bank For Agriculture & Rural Development	Financial	Bonds	7.04%
Bihar State	Others	SDL	4.51%
GOI	Sovereign	GOI Sec	4.09%
Torrent Power Ltd.	Energy	Debenture	3.61%
Bharti Telecom Ltd.	Communication	Debenture	3.46%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.	Others	NCD	3.29%
JTPM Metal Traders Ltd.	Metals & Mining	Debenture	2.82%
Motilal Oswal Finevest Ltd.	Financial	Bonds	2.78%
H.G. Infra Engineering Ltd.	Construction	Debenture	2.77%
Avanse Financial Services Ltd.	Financial	Debenture	2.54%
Tata Power Renewable Energy Ltd.	Capital Goods	Debenture	2.36%
HDB Financial Services Ltd.	Financial	NCD	2.34%
JM Financial Credit Solutions Ltd.	Financial	NCD	2.33%
Shivshakti Securitisation Trust	Others	Sec. Debt	2.33%
Siddhivinayak Securitisation Trust	Others	Sec. Debt	2.33%
National Highways Infra Trust	Construction	Debenture	1.77%
GOI	Sovereign	GOI Sec	1.62%
Bharti Telecom Ltd.	Communication	NCD	1.20%
Aadhar Housing Finance Ltd	Financial	NCD	1.16%
Godrej Seeds & Genetics Ltd.	Consumer Staples	NCD	1.15%
HDB Financial Services Ltd.	Financial	NCD	0.92%
JM Financial Asset Reconstruction Company Ltd	Financial	NCD	0.52%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

	1Y	3Y	5Y	All
Fund returns	7.2%	8.0%	6.3%	8.1%
Category average	6.3%	6.9%	5.3%	NA
Rank with in category	7	3	3	NA

Debt, Medium to Long Duration funds	Rating	1Y	3Y	Fund Size(Cr)
LIC MF Medium to Long Duration Fund Direct Growth	4	7.8%	8.4%	200.78
ICICI Prudential Bond Fund Direct Plan Growth	4	7.4%	8.1%	2,889.54
SBI Magnum Income Direct Plan Growth	4	7.2%	8.0%	2,171.28
HDFC Income Fund Direct Growth	3	6.6%	7.7%	914.60
Nippon India Medium to Long Duration Fund Direct Growth	3	6.2%	7.6%	427.09

Rank (total assets)	#1 in India
Total AUM	₹11,84,451.93Cr

SBI Magnum Income Direct Plan Growth

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Expense ratio: 0.77%

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Mohit JainJul 2025 - PresentView details

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Mohit Jain
Jul 2025 - Present
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