SBI Magnum Income Fund Growth-0.10%

5
12.38%
1 Year Return
Debt
Medium to Long Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Income Fund Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio1.45%
NAV53.16 (28 Sep 2020)
Fund Started25 Nov 1998
Fund Size1,473 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Income Fund Growth
12.4%
8.2%
8.9%
7.9%
Category Average
7.7%
5.9%
7.3%
-
Rank within category
1
1
1
-
*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 12.4% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec24.0%
    GOISovereignGOI Sec14.2%
    GOISovereignGOI Sec8.3%
    L&T Metro Rail (Hyderabad) Ltd.ConstructionDebenture6.9%
    GOISovereignGOI Sec6.3%
    Indian BankFinancialDebenture4.8%
    Embassy Office Parks REITConstructionNCD4.7%
    Coastal Gujarat Power Ltd.EngineeringDebenture4.1%
    L&T Ahmedabad Maliya Tollway Ltd.ServicesSO4.0%
    Cholamandalam Investment & Finance Co. Ltd.FinancialDebenture3.4%
    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

    SBI Magnum Income Fund Growth Details

    SBI Magnum Income Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,473 Cr and the Latest NAV as of 28 Sep 2020 is ₹53.16.

    The SBI Magnum Income Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 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 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.

    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
    29 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,
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