SBI Magnum Medium Duration Fund Direct Growth+0.04%

5Groww
10.94%
1 Year Return
Debt
Medium Duration
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Medium Duration Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.74%
NAV35.6 (23 Aug 2019)
Fund Started28 Jan 2013
Fund Size1,753 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Medium Duration Fund Direct Growth
10.9%
9.7%
10.3%
10.1%
Category Average
5.1%
6.3%
7.7%
-
Rank within category
2
1
NA
-
*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
    30
    with 10.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture8.2%
    GOISovereignGOI Sec7.9%
    Power Finance Corpn. Ltd.FinancialDebenture7.8%
    Muthoot Finance Ltd.FinancialDebenture6.3%
    State Bank of IndiaFinancialNCD6.3%
    Karnataka StateOthersSDL6.1%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture4.3%
    Tamilnadu StateOthersSDL3.1%
    L&T Vadodara Bharuch Tollway Ltd.ConstructionDebenture3.0%
    Andhra BankFinancialBonds2.9%
    See All

    Fund Managers

    addDinesh Ahuja
    Education
    Mr. Ahuja is a B.Com (H) and MMS (Finance).
    Experience
    Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
    Funds Managed

    Other Details

    SBI Magnum Medium Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 28 Jan 2013. Dinesh Ahuja, Ruchit Mehta is the Current Fund Manager of SBI Magnum Medium Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,753 Cr and the Latest NAV as of 23 Aug 2019 is ₹35.6.

    The SBI Magnum Medium Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 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 investment objective of the scheme will be to provide attractive returns to the Magnum holders / Unit holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.

    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
    28 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,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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