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SBI Magnum Medium Duration Fund Direct Growth-0.02%

11.92%
1 Year Return
Debt
Medium Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Medium Duration Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.71%
NAV₹41.47 (22 Jan 2021)
Fund Started28 Jan 2013
Fund Size6,887 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.9%
10.2%
10.8%
10.3%
Category Average
6.8%
6.3%
7.1%
-
Rank Within Category
2
1
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 11.9% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec13.3%
State Bank of IndiaFinancialDebenture5.6%
GOISovereignCGL3.9%
Muthoot Finance Ltd.FinancialDebenture3.7%
GOISovereignGOI Sec3.6%
Mahindra Rural Housing Finance Ltd.FinancialDebenture3.0%
Punjab National BankFinancialDebenture2.7%
India Grid TrustEngineeringDebenture2.7%
Aadhar Housing Finance Ltd.FinancialDebenture2.6%
Tata Realty and Infrastructure Ltd.ConstructionDebenture2.3%
See All

Fund Managers

Dinesh Ahuja
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SBI Magnum Medium Duration Fund Direct Growth Details

SBI Magnum Medium Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 28 Jan 2013. Dinesh Ahuja, Ruchit Mehta is the Current Fund Manager of SBI Magnum Medium Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,887 Cr and the Latest NAV as of 22 Jan 2021 is ₹41.47.

The SBI Magnum Medium Duration Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 8% of the investment,1.50% will be charged for redemption within 12 months

Investment Objective

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.

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)

₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 8% of the investment,1.50% will be charged for redemption within 12 months
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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