SBI Magnum Ultra Short Duration Fund Regular Dividend Weekly+0.04%

4
7.56%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Ultra Short Duration Fund Regular Dividend Weekly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.49%
NAV1103.04 (07 Jul 2020)
Fund Started21 May 1999
Fund Size9,848 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Ultra Short Duration Fund Regular Dividend Weekly
7.6%
7.6%
7.6%
7.4%
Category Average
7.0%
6.0%
6.7%
-
Rank within category
6
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 7.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Risk-adjusted returns are higher compared to the category
    4. Risk is lower compared to the benchmark
    5. 3Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    REC Ltd.FinancialDebenture7.4%
    Indusind Bank Ltd.FinancialCD7.1%
    Reserve Bank of IndiaFinancialT-Bills7.1%
    Power Finance Corpn. Ltd.FinancialBonds/NCD4.4%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.9%
    Union Bank of IndiaFinancialCD3.5%
    Muthoot Finance Ltd.FinancialDebenture3.0%
    Indusind Bank Ltd.FinancialCD3.0%
    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 Regular Dividend Weekly Details

    SBI Magnum Ultra Short Duration Fund Regular Dividend 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹9,848 Cr and the Latest NAV as of 07 Jul 2020 is ₹1103.04.

    The SBI Magnum Ultra Short Duration Fund Regular Dividend Weekly is rated Low risk. Minimum SIP Investment is set to 500.

    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 to meet unexpected needs of cash.

    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

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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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