SBI Magnum Ultra Short Duration Fund Direct Dividend Daily+0.01%

6.57%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Direct Dividend Daily

RiskLow
Min SIP Amount₹500
Expense Ratio0.31%
NAV1737.52 (23 Oct 2020)
Fund Started01 Jan 2013
Fund Size10,122 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Ultra Short Duration Fund Direct Dividend Daily
6.6%
7.6%
7.5%
8.0%
Category Average
5.6%
6.0%
6.6%
-
Rank within category
8
3
7
-
*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 6.6% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    REC Ltd.FinancialDebenture6.8%
    Reserve Bank of IndiaFinancialT-Bills4.8%
    Reserve Bank of IndiaFinancialT-Bills3.9%
    Power Finance Corpn. Ltd.FinancialCP3.8%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.7%
    NLC India Ltd.EnergyCP3.7%
    Mahindra & Mahindra Financial Services Ltd.FinancialDebenture3.7%
    Export-Import Bank Of IndiaFinancialCD3.6%
    Reserve Bank of IndiaFinancialT-Bills3.4%
    Union Bank of IndiaFinancialCD3.4%
    See All

    Fund Managers

    addRajeev Radhakrishnan
    Education
    Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
    Experience
    Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
    Funds Managed

    SBI Magnum Ultra Short Duration Fund Direct Dividend Daily Details

    SBI Magnum Ultra Short Duration Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹10,122 Cr and the Latest NAV as of 23 Oct 2020 is ₹1737.52.

    The SBI Magnum Ultra Short Duration Fund Direct Dividend Daily is rated Low 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
    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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