Fund Details
SBI Magnum Income Direct Plan Dividend Quarterly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.83% |
| NAV | ₹16.66 (25 Jan 2021) |
|---|---|
| Fund Started | 14 Mar 2013 |
| Fund Size | ₹1,766 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.4% |
| GOI | Sovereign | GOI Sec | 10.3% |
| GOI | Sovereign | GOI Sec | 7.6% |
| GOI | Sovereign | GOI Sec | 6.8% |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | Debenture | 5.8% |
| Indian Bank | Financial | Debenture | 4.1% |
| Embassy Office Parks REIT | Construction | NCD | 4.1% |
| GOI | Sovereign | GOI Sec | 4.0% |
| Tata Realty and Infrastructure Ltd. | Construction | Debenture | 4.0% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 3.6% |
Fund Managers
SBI Magnum Income Direct Plan Dividend Quarterly Details
SBI Magnum Income Direct Plan Dividend 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 Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,766 Cr and the Latest NAV as of 25 Jan 2021 is ₹16.66.
The SBI Magnum Income Direct Plan Dividend Quarterly is rated Moderately High 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.
