SBI Magnum Income Fund Dividend Quarterly+0.11%

4Groww
11.37%
1 Year Return
Debt
Medium to Long Duration
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Income Fund Dividend Quarterly

RiskModerate
Min SIP Amount₹500
Expense Ratio1.47%
NAV13.74 (15 Nov 2019)
Fund Started14 Mar 2013
Fund Size1,215 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Income Fund Dividend Quarterly
11.4%
7.0%
8.4%
7.8%
Category Average
9.7%
5.7%
7.8%
-
Rank within category
9
1
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 1Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec23.6%
    L&T Metro Rail (Hyderabad) Ltd.ConstructionDebenture8.1%
    ICICI Bank Ltd.FinancialDebenture6.7%
    Shriram Transport Finance Co. Ltd.FinancialDebenture5.4%
    State Bank of IndiaFinancialDebenture5.1%
    L&T Ahmedabad Maliya Tollway Ltd.ServicesSO4.8%
    Embassy Office Parks REITConstructionNCD4.3%
    REC Ltd.FinancialDebenture4.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.2%
    Power Finance Corpn. Ltd.FinancialBonds/NCD3.9%
    See All

    Fund Managers

    addDinesh Ahuja
    Education
    Mr. Ahuja is a B.Com (H) and MMS (Finance).
    Experience
    Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
    Funds Managed

    Other Details

    SBI Magnum Income Fund Dividend Quarterly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 14 Mar 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Income Fund Dividend Quarterly.The fund currently has an Asset Under Management(AUM) of ₹1,215 Cr and the Latest NAV as of 15 Nov 2019 is ₹13.74.

    The SBI Magnum Income Fund Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.

    Investment Objective

    The objective of the scheme is to provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year
    Exit Load

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    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    28 Jun 1987
    SBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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