Home>Mutual Funds>SBI Mutual Fund>SBI Magnum Medium Duration Fund Direct Growth
shareSHARE

SBI Magnum Medium Duration Fund Direct Growth+0.05%

10.84%
1 Year Return
Debt
Medium Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Medium Duration Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.68%
NAV₹41.64 (12 Apr 2021)
Fund Started28 Jan 2013
Fund Size8,386 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.8%
9.8%
10.2%
10.1%
Category Average
8.7%
5.8%
6.6%
-
Rank Within Category
5
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 10.8% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Fund Managers

Dinesh Ahuja
keyboard_arrow_down

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 ₹8,386 Cr and the Latest NAV as of 12 Apr 2021 is ₹41.64.

The SBI Magnum Medium Duration Fund Direct Growth is rated Moderate 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

Compare Funds

SBI Magnum Medium Duration Fund Direct Growth
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
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...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India