SBI Magnum Low Duration Fund Dividend Daily+0.03%

5Groww
8.62%
1 Year Return
Debt
Low Duration
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Low Duration Fund Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.96%
NAV1014.8 (23 Aug 2019)
Fund Started27 Jul 2007
Fund Size7,659 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Low Duration Fund Dividend Daily
8.6%
7.5%
8.0%
7.9%
Category Average
3.3%
5.7%
6.7%
-
Rank within category
5
6
5
-
*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 8.6% annual returns

    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
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialCD4.4%
    National Housing BankFinancialNCD3.5%
    National Thermal Power Corp. Ltd.EnergyNCD3.1%
    Bank Of BarodaFinancialCD3.0%
    Bharti Telecom Ltd.CommunicationDebenture2.9%
    HDFC Bank Ltd.FinancialCD2.8%
    Cholamandalam Investment & Finance Co. Ltd.FinancialCP2.8%
    LIC Housing Finance Ltd.FinancialNCD2.7%
    National Bank For Agriculture & Rural DevelopmentFinancialCD2.5%
    Bank Of BarodaFinancialCD2.5%
    See All

    Fund Managers

    addRajeev Radhakrishnan
    Education
    Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
    Experience
    Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
    Funds Managed

    Other Details

    SBI Magnum Low Duration Fund Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 27 Jul 2007. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹7,659 Cr and the Latest NAV as of 23 Aug 2019 is ₹1014.8.

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

    Investment Objective

    To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of money market instruments with maturity/residual maturity up to one year and debt instruments which are rated not below investment grade by a credit rating agency.

    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
    28 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,
    Invest Now
    Enter investment amount
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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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