Fund Details
SBI Magnum Income Fund Dividend Half Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.46% |
| NAV | ₹14.32 (22 Jan 2021) |
|---|---|
| Fund Started | 25 Nov 1998 |
| Fund Size | ₹1,766 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Age is more than 10 years
6. 1Y Returns are higher than the category average returns
7. 3Y Returns are higher than the category average returns
8. 5Y Returns are higher than the category average returns
9. 10Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
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 Fund Dividend Half Yearly Details
SBI Magnum Income Fund Dividend Half Yearly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 25 Nov 1998. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Income Fund Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,766 Cr and the Latest NAV as of 22 Jan 2021 is ₹14.32.
The SBI Magnum Income Fund Dividend Half Yearly 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.
