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SBI Magnum Low Duration Fund Dividend Daily+0.03%

6.29%
1 Year Return
Debt
Low Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Low Duration Fund Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio1.01%
NAV₹1065.77 (25 Jan 2021)
Fund Started27 Jul 2007
Fund Size16,320 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.3%
7.4%
7.4%
7.8%
Category Average
5.9%
5.0%
6.0%
-
Rank Within Category
14
8
9
-
*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 6.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Risk is lower compared to the benchmark
4. 1Y Returns are higher than the benchmark
5. 3Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. 1Y Returns are higher than the category average returns
10. 3Y Returns are higher than the category average returns
11. 5Y Returns are higher than the category average returns
12. 10Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL11.2%
Export-Import Bank Of IndiaFinancialCD6.6%
GOISovereignGOI Sec5.9%
GOISovereignGOI Sec3.5%
Reserve Bank of IndiaFinancialT-Bills3.0%
Housing Development Finance Corpn. Ltd.FinancialCP2.4%
Indusind Bank Ltd.FinancialCD2.4%
GOISovereignGOI Sec2.2%
Housing & Urban Development Corpn. Ltd.FinancialCP2.1%
GOISovereignGOI Sec1.9%
See All

Fund Managers

Rajeev Radhakrishnan
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SBI Magnum Low Duration Fund Dividend Daily Details

SBI Magnum Low Duration Fund Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 27 Jul 2007. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹16,320 Cr and the Latest NAV as of 25 Jan 2021 is ₹1065.77.

The SBI Magnum Low Duration Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.

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
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
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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