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SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly+0.01%

4.75%
1 Year Return
Debt
Low Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.39%
NAV₹1107.25 (23 Jun 2021)
Fund Started01 Jan 2013
Fund Size13,286 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.8%
7.3%
7.3%
8.1%
Category Average
7.4%
4.9%
5.8%
-
Rank Within Category
19
11
12
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.39%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Export-Import Bank Of IndiaFinancialCD8.3%
GOISovereignGOI Sec7.6%
Reserve Bank of IndiaFinancialT-Bills6.3%
GOISovereignGOI Sec4.2%
GOISovereignCGL3.9%
Housing & Urban Development Corpn. Ltd.FinancialCP2.6%
Axis Bank Ltd.FinancialCD2.5%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.3%
Indusind Bank Ltd.FinancialCD2.3%
GOISovereignGOI FRB2.2%
See All

Fund Managers

Rajeev Radhakrishnan
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SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly Details

SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹13,286 Cr and the Latest NAV as of 23 Jun 2021 is ₹1107.25.

The SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 500.

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)

Not Supported
Min for First Investment
Not Supported
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
Website
NA
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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