Fund Details
SBI Magnum Low Duration Fund Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.01% |
| NAV | ₹2734.75 (15 Jan 2021) |
|---|---|
| Fund Started | 27 Jul 2007 |
| Fund Size | ₹16,320 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Risk is lower compared to the benchmark
4. 1Y Returns are higher than the benchmark
5. 3Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. 1Y Returns are higher than the category average returns
10. 3Y Returns are higher than the category average returns
11. 5Y Returns are higher than the category average returns
12. 10Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.9% |
| Indusind Bank Ltd. | Financial | CD | 2.8% |
| Housing & Urban Development Corpn. Ltd. | Financial | CP | 2.5% |
| GOI | Sovereign | CGL | 2.3% |
| GOI | Sovereign | GOI Sec | 2.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.2% |
| Indusind Bank Ltd. | Financial | CD | 2.1% |
Fund Managers
SBI Magnum Low Duration Fund Growth Details
SBI Magnum Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 27 Jul 2007. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Low Duration Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹16,320 Cr and the Latest NAV as of 15 Jan 2021 is ₹2734.75.
The SBI Magnum Low Duration Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
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.
