SBI Magnum Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,411 Cr and the Latest NAV as of 20 Sep 2019 is ₹4326.88.
The SBI Magnum Ultra Short Duration Fund Direct Growth is rated Low risk. Minimum SIP Investment is 0. 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.
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