|Min SIP Amount||Not Supported|
|NAV||₹15.85 (22 Oct 2020)|
|Fund Started||16 Apr 2013|
|Fund Size||₹4,437 Cr|
|Mahindra Rural Housing Finance Ltd.||Financial||Debenture||4.5%|
|Aadhar Housing Finance Ltd.||Financial||Debenture||3.9%|
|India Grid Trust||Engineering||Debenture||3.9%|
|Coastal Gujarat Power Ltd.||Engineering||Debenture||3.5%|
|Embassy Office Parks REIT||Construction||NCD||2.6%|
|Tata Realty and Infrastructure Ltd.||Construction||Debenture||2.2%|
SBI Magnum Medium Duration Fund Direct Dividend quarterly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 16 Apr 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Medium Duration Fund Direct Dividend quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹4,437 Cr and the Latest NAV as of 22 Oct 2020 is ₹15.85.
The SBI Magnum Medium Duration Fund Direct Dividend quarterly is rated Moderate risk. Minimum SIP Investment is set to 500. For units in excess of 8% of the investment,1.50% will be charged for redemption within 12 months
The scheme seeks to provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.