Home>Mutual Funds>SBI Mutual Fund>SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly
shareSHARE

SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly0.00%

3.96%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.49%
NAV₹1141.56 (17 Jun 2021)
Fund Started21 May 1999
Fund Size12,864 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.0%
6.6%
6.7%
7.6%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
8
4
4
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.0% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. Higher expense ratio - 0.49%
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
National Housing BankFinancialCP6.5%
Reserve Bank of IndiaFinancialT-Bills5.7%
REC Ltd.FinancialDebenture4.9%
Housing Development Finance Corpn. Ltd.FinancialCP3.8%
Ultratech Cement Ltd.ConstructionCP3.8%
GOISovereignCGL3.2%
GOISovereignCGL3.2%
Power Finance Corpn. Ltd.FinancialCP3.1%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture3.0%
Export-Import Bank Of IndiaFinancialCD2.9%
See All

Fund Managers

Rajeev Radhakrishnan
keyboard_arrow_down

SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly Details

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.

Investment Objective

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.

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
Nil
Exit Load

Compare Funds

SBI Magnum Ultra Short Duration Fund Regular IDCW Weekly
VS
search

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
Website
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,
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India