SBI Magnum Low Duration Fund Direct Plan Growth

SBI Magnum Low Duration Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Direct Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,37,900 Cr and the Latest NAV as of 19 Nov 2024 is ₹3,462.77. The SBI Magnum Low Duration Fund Direct Plan Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;

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. ;