SBI Magnum Low Duration Fund Direct Plan Dividend Fortnightly+0.04%

4
9.09%
1 Year Return
Debt
Low Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Low Duration Fund Direct Plan Dividend Fortnightly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.39%
NAV1059.91 (01 Jul 2020)
Fund Started01 Jan 2013
Fund Size8,727 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Magnum Low Duration Fund Direct Plan Dividend Fortnightly
9.1%
8.0%
8.0%
8.4%
Category Average
5.0%
4.4%
5.7%
-
Rank within category
9
8
10
-
*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
    0
    with 9.1% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.39%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialCD5.6%
    Bharti Hexacom Ltd.CommunicationCP5.1%
    L&T Finance Holdings Ltd.FinancialCP4.5%
    Housing Development Finance Corpn. Ltd.FinancialCP4.4%
    Union Bank of IndiaFinancialCD3.4%
    Power Grid Corporation of India Ltd.EnergyBonds3.0%
    JSW Steel Ltd.MetalsCP2.8%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.6%
    Muthoot Finance Ltd.FinancialDebenture2.5%
    Tata Realty and Infrastructure Ltd.ConstructionCP2.4%
    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

    SBI Magnum Low Duration Fund Direct Plan Dividend Fortnightly Details

    SBI Magnum Low Duration Fund Direct Plan Dividend 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 Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹8,727 Cr and the Latest NAV as of 01 Jul 2020 is ₹1059.91.

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

    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)

    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
    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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