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SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly+0.02%

5.70%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.31%
NAV₹1127.71 (25 Jan 2021)
Fund Started17 Jan 2013
Fund Size14,272 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.7%
7.3%
7.3%
-0.0%
Category Average
4.8%
5.8%
6.3%
-
Rank Within Category
8
4
7
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.7% returns per annum

Comparison

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

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills7.6%
Reserve Bank of IndiaFinancialT-Bills7.0%
REC Ltd.FinancialDebenture4.8%
Cholamandalam Investment & Finance Co. Ltd.FinancialCP3.5%
Housing Development Finance Corpn. Ltd.FinancialCP3.4%
GOISovereignCGL2.9%
GOISovereignCGL2.8%
Power Finance Corpn. Ltd.FinancialCP2.8%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture2.6%
Export-Import Bank Of IndiaFinancialCD2.6%
See All

Fund Managers

Rajeev Radhakrishnan
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SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly Details

SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 17 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹14,272 Cr and the Latest NAV as of 25 Jan 2021 is ₹1127.71.

The SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.

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)

Not Supported
Min for First Investment
Not Supported
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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