SBI Magnum Ultra Short Duration Fund Direct IDCW Daily

Debt
Ultra Short Duration
Moderate Risk
4.82%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Mar 2023₹1,928.86
Min. SIP amount₹500
Rating2
Fund size₹8,907.57Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.3%4.8%6.1%7.2%
Category average5.0%4.4%5.0%NA
Rank with in category21154NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills5.5%
GOISovereignGOI Sec4.6%
Reserve Bank of India
FinancialT-Bills3.3%
L&T Finance Ltd.
FinancialCP3.3%
HDFC Bank Ltd.
FinancialCD3.3%
Panatone Finvest Ltd
FinancialCP3.1%
Kotak Mahindra Bank Ltd.
FinancialCD2.8%
L&T Metro Rail (Hyderabad) Ltd.ConstructionCP2.8%
Housing Development Finance Corporation Ltd.FinancialCP2.7%
Union Bank of India
FinancialCD2.6%
See All

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

R Arun
Jun 2021 - Present
View details

Education
Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).
Experience
Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Also manages these schemes

Mohit Jain
Nov 2017 - Present
View details

Education
Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience
Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
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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