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Home>Mutual Funds>SBI Mutual Fund>SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly

SBI Magnum Low Duration Fund Direct Plan IDCW Fortnightly

Debt
Low Duration
Moderate Risk
Payout
6.47%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Jan 2022₹1,131.94
Min. SIP amountNA
Rating3
Fund size₹11,485.78Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%6.5%6.8%7.7%
Category average5.6%4.8%5.7%NA
Rank with in category201010NA
Understand terms

Holdings (67)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.7%
GOI
SovereignCGL4.4%
Axis Bank Ltd.
FinancialCD2.6%
Cholamandalam Investment & Finance Company Ltd.
FinancialCP2.6%
GOI
SovereignGOI Sec2.2%
FinancialDebenture2.2%
FinancialDebenture2.2%
EngineeringCP2.2%
Axis Bank Ltd.
FinancialCD2.1%
L&T Finance Ltd.
FinancialCP2.1%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 3.59 The fund has generated returns higher than benchmark - NIFTY Low Duration Debt TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.96%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 1.73%

Expense ratio, exit load and tax

Expense ratio: 0.96%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Rajeev Radhakrishnan
Jan 2013 - Present
View details

Fund house & investment objective

Fund house contact details

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