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

SBI Magnum Low Duration Fund Direct Plan IDCW Weekly

Debt
Low Duration
Moderate Risk
Payout
5.83%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 May 2022₹1,122.75
Min. SIP amountNA
Rating3
Fund size₹11,673.21Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%5.8%6.5%7.5%
Category average5.6%4.8%5.7%NA
Rank with in category111011NA
Understand terms

Holdings (73)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.7%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.0%
Cholamandalam Investment & Finance Company Ltd.
FinancialDebenture2.6%
Reliance Jio Infocomm Ltd.CommunicationCP2.6%
Canara Bank
FinancialCD2.6%
DBL Mangloor Highways Pvt. Ltd.ConstructionDebenture2.3%
GOI
SovereignGOI Sec2.2%
Indian Railway Finance Corporation Ltd.FinancialDebenture2.2%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture2.2%
L&T Finance Ltd.
FinancialCP2.2%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 3.51 The fund has generated returns higher than benchmark - CRISIL Low Duration Fund BI Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.4%
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 1.65%

Expense ratio, exit load and tax

Expense ratio: 0.40%

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

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
Amc Image
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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FAQs

How to Invest in SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

You can easily invest in SBI Magnum Low Duration Fund Direct Plan IDCW Weekly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for SBI Magnum Low Duration Fund Direct Plan IDCW Weekly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in SBI Magnum Low Duration Fund Direct Plan IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Magnum Low Duration Fund Direct Plan IDCW Weekly provide?

The SBI Magnum Low Duration Fund Direct Plan IDCW Weekly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.41% since its inception.

How much expense ratio is charged by SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

The term Expense Ratio used for SBI Magnum Low Duration Fund Direct Plan IDCW Weekly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly is 0.40% as of 20 May 2022...

What is the AUM of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

The AUM, short for Assets Under Management of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly is ₹11,673.21Cr as of 20 May 2022.

How to Redeem SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

If you want to sell your SBI Magnum Low Duration Fund Direct Plan IDCW Weekly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

You can select either SIP or Lumpsum investment of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly based on your investment objective and risk tolerance.

What is the NAV of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

The NAV of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly is ₹1,122.75 as of 19 May 2022.

What is the PE and PB ratio of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly?

The PE ratio ratio of SBI Magnum Low Duration Fund Direct Plan IDCW Weekly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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