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SBI Magnum Low Duration Fund Growth0.00%

5.80%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Low Duration Fund Growth

RiskLow to Moderate
Min SIP Amount₹500
Expense Ratio0.96%
NAV₹2754.64 (16 Apr 2021)
Fund Started27 Jul 2007
Fund Size13,522 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.8%
7.0%
7.1%
7.8%
Category Average
7.6%
4.9%
5.8%
-
Rank Within Category
18
9
9
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.8% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
6. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Bank Of BarodaFinancialCD1.5%

Fund Managers

Rajeev Radhakrishnan
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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 ₹13,522 Cr and the Latest NAV as of 16 Apr 2021 is ₹2754.64.

The SBI Magnum Low Duration Fund Growth is rated Low to Moderate 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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
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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