Fund Details
SBI Magnum Income Direct Plan IDCW Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.80% |
| NAV | ₹17.06 (26 Jul 2021) |
|---|---|
| Fund Started | 14 Mar 2013 |
| Fund Size | ₹1,743 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.3% |
| GOI | Sovereign | GOI FRB | 9.8% |
| Embassy Office Parks REIT | Construction | NCD | 4.3% |
| Indian Bank | Financial | Additional Tier 2 Bo | 4.1% |
| Tata Realty and Infrastructure Ltd. | Construction | Debenture | 4.1% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 3.6% |
| L&T Ahmedabad Maliya Tollway Ltd. | Services | SO | 3.4% |
| Mahindra Rural Housing Finance Ltd. | Financial | Debenture | 3.4% |
| Aadhar Housing Finance Ltd. | Financial | Debenture | 2.9% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.9% |
Fund Managers
SBI Magnum Income Direct Plan IDCW Quarterly Details
SBI Magnum Income Direct Plan IDCW Quarterly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 14 Mar 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Income Direct Plan IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,743 Cr and the Latest NAV as of 26 Jul 2021 is ₹17.06.
The SBI Magnum Income Direct Plan IDCW Quarterly is rated Moderate risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year
Investment Objective
The scheme seeks to provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 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.
