SBI Magnum Ultra Short Duration Fund Direct Growth0.00%

4
7.25%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.33%
NAV4602.06 (07 Aug 2020)
Fund Started01 Jan 2013
Fund Size9,750 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Ultra Short Duration Fund Direct Growth
7.3%
7.7%
7.6%
8.1%
Category Average
7.0%
6.0%
6.7%
-
Rank within category
10
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 7.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. 1Y Returns are higher than the category average returns
    5. 3Y Returns are higher than the category average returns
    6. 5Y Returns are higher than the category average returns
    7. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills10.2%
    REC Ltd.FinancialDebenture7.6%
    Reserve Bank of IndiaFinancialT-Bills7.2%
    Power Finance Corpn. Ltd.FinancialBonds/NCD4.4%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.9%
    Export-Import Bank Of IndiaFinancialCD3.7%
    Union Bank of IndiaFinancialCD3.5%
    Nabha Power Ltd.EngineeringCP3.0%
    Axis Bank Ltd.FinancialCD3.0%
    LIC Housing Finance Ltd.FinancialCP3.0%
    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 Growth Details

    SBI Magnum Ultra Short Duration Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,750 Cr and the Latest NAV as of 07 Aug 2020 is ₹4602.06.

    The SBI Magnum Ultra Short Duration Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    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.

    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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