SBI Magnum Constant Maturity Fund Direct Growth
Debt
Direct
10 Yr Government Bond
NAV: ₹ 56.4 as on 29-09-2023
Fund Performance
353 people have invested ₹ 1.4Cr in SBI Magnum Constant Maturity Fund Direct Growth in the last three months
Fund Insights
In the last 5 years, ICICI Prudential Constant Maturity Gilt Direct Growth has given 8.67% return, outperforming this fund by 0.59% per annum.
Over the last 6 months, this fund has experienced a 71.2% growth in AUM moving from 887.71 Cr to 1.51K Cr.
In the last 1 year, UTI Gilt Fund with 10 year Constant Duration Direct Growth has given 7.76% return, outperforming this fund by 0.05%.
Over the last 3 months, this fund has decreased expense ratio by 9.1% moving from 0.33 to 0.30.
In the last 3 years, ICICI Prudential Constant Maturity Gilt Direct Growth has given 4.37% return, outperforming this fund by 0% per annum.
About the Fund
SBI Magnum Constant Maturity Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dinesh Ahuja. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Constant Maturity Fund Direct Growth has ₹1520 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
SBI Magnum Constant Maturity Fund Direct Growth Overview
 | 0.3% |
 Benchmark | ICICI Securities Libex TR INR |
 | ₹1520 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 150.97% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
99.1%
Cash Equivalent
0.9%
Top Holdings of SBI Magnum Constant Maturity Fund Direct Growth as on (31-Aug-23)
Debt Holdings6
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 70.74% | 33.8% | |
07.18 Goi 2037 | 11.75% | 0% | |
7.54% Govt Stock 2036 | 8.6% | 0% | |
GOI 02.01.2030 GOV | 1.11% | 0% | |
GOI 02.07.2030 GOV | 1.08% | 0% |
See all
SBI Magnum Constant Maturity Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.5K Cr as of Aug'23
- AUM increased by 8.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
SBI Magnum Constant Maturity Fund Direct Growth Fund Manager
Dinesh Ahuja
Fund Manager of SBI Magnum Constant Maturity Fund Direct Growth, since 25 January 2020
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.83% since inception which is more than its category average return of 6.21%
AUM size ₹1520 Cr
This fund has AUM of ₹1520 Cr which is more than its category average of ₹ 517 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.39%
Frequently Asked Questions
The current NAV of SBI Magnum Constant Maturity Fund Direct Growth is ₹56.44 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
SBI Magnum Constant Maturity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.08% | 0.08% |
6 Month Returns | 3.6% | 3.6% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 13.7% | 4.37% |
5 Years Returns | 47.48% | 8.08% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.3% as on August 2023
₹1520 Cr as on August 2023
7.26% Govt Stock 2033(70.74%), 07.18 Goi 2037(11.75%), 7.54% Govt Stock 2036(8.6%), GOI 02.01.2030 GOV(1.11%), GOI 02.07.2030 GOV(1.08%) as on August 2023
Yield to Maturity is 7.3 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 6.77 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Dinesh Ahuja is the fund manager of SBI Magnum Constant Maturity Fund Direct Growth
The Exit load of SBI Magnum Constant Maturity Fund Direct Growth is 0%