SBI Magnum Low Duration Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹9,832 Cr and the Latest NAV as of 03 Apr 2020 is ₹2631.19.
The SBI Magnum Low Duration Fund Direct Plan Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
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.