SBI Magnum Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
6.51%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Jan 2025₹5,862.85
Min. SIP amount₹500
Rating2
Fund size₹12,641.89Cr

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 returns7.6%6.5%5.8%7.2%
Category average7.0%6.0%5.4%NA
Rank with in category171714NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.28%
LIC Housing Finance Ltd.
FinancialDebenture4.07%
Bank Of Baroda
FinancialCD3.98%
Indusind Bank Ltd.
FinancialCD3.92%
Bharti Telecom Ltd.
CommunicationCP3.88%
FinancialDebenture3.45%
Bank of India
FinancialCD3.24%
FinancialDebenture3.15%
India Universal Trust AL1
OthersSecuritised Debt3.12%
Axis Bank Ltd.
FinancialCD2.89%
FinancialDebenture2.84%
National Bank For Agriculture & Rural Development
FinancialNCD2.46%
Canara Bank
FinancialCD2.30%
NTPC Ltd.
EnergyCP2.03%
Muthoot Finance Ltd.
FinancialCP2.03%
ICICI Bank Ltd.
FinancialCD1.98%
REC Ltd.
FinancialNCD1.98%
Tata Capital Housing Finance Ltd.
FinancialDebenture1.81%
Haryana State
OthersSDL1.73%
Telangana State
FinancialSDL1.64%
SMFG India Credit Company Ltd.
FinancialDebenture1.64%
Grasim Industries Ltd.
ConstructionCP1.62%
IGH Holdings Pvt. Ltd.
CommunicationCP1.58%
Union Bank of India
FinancialCD1.54%
Tamilnadu State
OthersSDL1.47%
Bank Of Baroda
FinancialCD1.43%
ConstructionDebenture1.43%
Axis Bank Ltd.
FinancialCD1.35%
Bank Of Baroda
FinancialCD1.22%
Union Bank of India
FinancialCD1.21%
Punjab National Bank
FinancialCD1.21%
India Universal Trust AL1
OthersSecuritised Debt1.16%
GOI
SovereignGOI Sec1.10%
LIC Housing Finance Ltd.
FinancialDebenture1.02%
Bank Of Baroda
FinancialCD1.02%
Kotak Mahindra Bank Ltd.
FinancialCD1.01%
FinancialNCD0.90%
Tata Teleservices Ltd.(Partly Paid Equity)
CommunicationCP0.88%
REC Ltd.
FinancialBonds0.82%
SMFG India Credit Company Ltd.
FinancialDebenture0.82%
FinancialNCD0.82%
Kerala State
OthersSDL0.82%
LIC Housing Finance Ltd.
FinancialNCD0.81%
ICICI Bank Ltd.
FinancialMoney Mkt0.81%
Small Industries Devp. Bank of India Ltd.
FinancialCP0.79%
Reserve Bank of India
FinancialT-Bills0.78%
Sundaram Finance Ltd.
FinancialDebenture0.62%
FinancialBonds0.62%
Axis Bank Ltd.
FinancialCD0.58%
ICICI Bank Ltd.
FinancialCD0.58%
Sundaram Home Finance Ltd.
FinancialDebenture0.41%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.41%
Kotak Mahindra Bank Ltd.
FinancialCD0.38%
Reserve Bank of India
FinancialT-Bills0.37%
Andhra Pradesh State
FinancialSDL0.29%
HDFC Bank Ltd.
FinancialDebenture0.21%
FinancialDebenture0.21%
National Bank For Agriculture & Rural Development
FinancialBonds/NCD0.20%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.20%
Madhya Pradesh State
OthersSDL0.04%
Tata Capital Financial Services Ltd.
FinancialBonds0.04%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 2.73 The fund has generated returns higher than benchmark - CRISIL Ultra Short Duration Debt A-I Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.33%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.33%

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.

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

Rajeev Radhakrishnan
Dec 2024 - Present
View details

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.
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
E-mail
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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