SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly+0.04%

4Groww
8.64%
1 Year Return
Debt
Ultra Short Duration
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.34%
NAV1078.0 (16 Aug 2019)
Fund Started17 Jan 2013
Fund Size8,447 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly
8.6%
7.6%
7.9%
8.3%
Category Average
6.2%
6.5%
7.3%
-
Rank within category
8
8
9
-
*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
    30
    with 8.6% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialCD3.9%
    Citi Corp Finance LtdFinancialDebenture3.0%
    Andhra BankFinancialCD2.8%
    Bank Of BarodaFinancialCD2.8%
    Bank Of BarodaFinancialCD2.6%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture2.4%
    Axis Bank Ltd.FinancialCD2.4%
    Indostar Capital Finance Pvt Ltd.FinancialBonds/NCD2.4%
    Indostar Capital Finance Pvt Ltd.FinancialNCD2.3%
    Small Industries Devp. Bank of India Ltd.FinancialCD2.3%
    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

    Other Details

    SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 17 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹8,447 Cr and the Latest NAV as of 16 Aug 2019 is ₹1078.0.

    The SBI Magnum Ultra Short Duration Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    To provide the investors an opportunity to earn returns through investment in debt & money market securities, while having the benefit of a very high degree of liquidity to meet unexpected needs of cash.

    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
    28 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,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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