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SBI Magnum Ultra Short Duration Fund Regular IDCW Daily0.00%

3.96%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Regular IDCW Daily

RiskLow to Moderate
Min SIP Amount₹500
Expense Ratio0.49%
NAV₹1773.68 (17 Jun 2021)
Fund Started14 Mar 2007
Fund Size12,864 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.0%
6.6%
6.7%
7.6%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
8
4
4
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.0% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. Higher expense ratio - 0.49%
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
National Housing BankFinancialCP6.5%
Reserve Bank of IndiaFinancialT-Bills5.7%
REC Ltd.FinancialDebenture4.9%
Housing Development Finance Corpn. Ltd.FinancialCP3.8%
Ultratech Cement Ltd.ConstructionCP3.8%
GOISovereignCGL3.2%
GOISovereignCGL3.2%
Power Finance Corpn. Ltd.FinancialCP3.1%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture3.0%
Export-Import Bank Of IndiaFinancialCD2.9%
See All

Fund Managers

Rajeev Radhakrishnan
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SBI Magnum Ultra Short Duration Fund Regular IDCW Daily Details

SBI Magnum Ultra Short Duration Fund Regular IDCW Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 14 Mar 2007. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Regular IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹12,864 Cr and the Latest NAV as of 17 Jun 2021 is ₹1773.68.

The SBI Magnum Ultra Short Duration Fund Regular IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

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
Nil
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
Website
NA
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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