How to Invest in SBI Magnum Income Fund Growth?

You can easily invest in SBI Magnum Income Fund Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for SBI Magnum Income Fund Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in SBI Magnum Income Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Magnum Income Fund Growth provide?

The SBI Magnum Income Fund Growth has been there from 25 Nov 1998 and the average annual returns provided by this fund is 6.48% since its inception.

How much expense ratio is charged by SBI Magnum Income Fund Growth?

The term Expense Ratio used for SBI Magnum Income Fund Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of SBI Magnum Income Fund Growth is 1.50% as of 18 Oct 2025...

What is the AUM of SBI Magnum Income Fund Growth?

The AUM, short for Assets Under Management of SBI Magnum Income Fund Growth is ₹2,161.74Cr as of 18 Oct 2025.

How to Redeem SBI Magnum Income Fund Growth?

If you want to sell your SBI Magnum Income Fund Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Magnum Income Fund Growth?

You can select either SIP or Lumpsum investment of SBI Magnum Income Fund Growth based on your investment objective and risk tolerance.

What is the NAV of SBI Magnum Income Fund Growth?

The NAV of SBI Magnum Income Fund Growth is ₹71.52 as of 17 Oct 2025.

What is the PE and PB ratio of SBI Magnum Income Fund Growth?

The PE ratio ratio of SBI Magnum Income Fund Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	14.62%
GOI	Sovereign	GOI Sec	13.95%
GOI	Sovereign	GOI Sec	8.18%
National Bank For Agriculture & Rural Development	Financial	Bonds	7.06%
Bihar State	Others	SDL	4.48%
GOI	Sovereign	GOI Sec	4.09%
Torrent Power Ltd.	Energy	Debenture	3.61%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.	Others	NCD	3.30%
H.G. Infra Engineering Ltd.	Construction	Debenture	2.78%
Motilal Oswal Finevest Ltd.	Financial	Bonds	2.78%
JTPM Metal Traders Ltd.	Metals & Mining	Debenture	2.78%
Avanse Financial Services Ltd.	Financial	Debenture	2.56%
Tata Power Renewable Energy Ltd.	Capital Goods	Debenture	2.36%
JM Financial Credit Solutions Ltd.	Financial	Debenture	2.34%
Shivshakti Securitisation Trust	Others	Sec. Debt	2.32%
Siddhivinayak Securitisation Trust	Others	Sec. Debt	2.31%
National Highways Infra Trust	Construction	Debenture	1.73%
Bharti Telecom Ltd.	Communication	NCD	1.20%
Aadhar Housing Finance Ltd	Financial	NCD	1.17%
Godrej Seeds & Genetics Ltd.	Consumer Staples	NCD	1.15%
JM Financial Asset Reconstruction Company Ltd	Financial	NCD	0.52%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

	1Y	3Y	5Y	All
Fund returns	6.5%	7.5%	5.8%	7.6%
Category average	6.4%	7.2%	5.4%	NA
Rank with in category	7	4	4	NA

Debt, Medium to Long Duration funds	Rating	1Y	3Y	Fund Size(Cr)
ICICI Prudential Bond Fund Growth	4	7.6%	8.1%	2,859.35
LIC MF Medium to Long Duration Fund Growth	4	6.8%	7.7%	204.18
SBI Magnum Income Fund Growth	4	6.5%	7.5%	2,161.74
Aditya Birla Sun Life Income Fund Growth	3	6.2%	7.3%	2,021.01
HDFC Income Fund Growth	3	6.2%	7.3%	935.23

Rank (total assets)	#1 in India
Total AUM	₹11,84,451.93Cr

SBI Magnum Income Fund Growth

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Expense ratio: 1.50%

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Mohit JainJul 2025 - PresentView details

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Mohit Jain
Jul 2025 - Present
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