|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1141.56 (17 Jun 2021)|
|Fund Started||21 May 1999|
|Fund Size||₹12,864 Cr|
|National Housing Bank||Financial||CP||6.5%|
|Reserve Bank of India||Financial||T-Bills||5.7%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.8%|
|Ultratech Cement Ltd.||Construction||CP||3.8%|
|Power Finance Corpn. Ltd.||Financial||CP||3.1%|
|Mahindra & Mahindra Financial Services Ltd.||Financial||Debenture||3.0%|
|Export-Import Bank Of India||Financial||CD||2.9%|
SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 21 May 1999. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹12,864 Cr and the Latest NAV as of 17 Jun 2021 is ₹1141.56.
The SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.