| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.47% |
| NAV | ₹14.17 (23 Oct 2020) |
|---|---|
| Fund Started | 25 Nov 1998 |
| Fund Size | ₹1,519 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 29.9% |
| GOI | Sovereign | GOI Sec | 10.2% |
| GOI | Sovereign | GOI Sec | 8.4% |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | Debenture | 6.7% |
| GOI | Sovereign | GOI Sec | 6.1% |
| Indian Bank | Financial | Debenture | 4.7% |
| Embassy Office Parks REIT | Construction | NCD | 4.6% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 4.1% |
| L&T Ahmedabad Maliya Tollway Ltd. | Services | SO | 3.9% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 3.3% |
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 ₹1,519 Cr and the Latest NAV as of 23 Oct 2020 is ₹14.17.
The SBI Magnum Income Fund Dividend Half Yearly 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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.