SBI Magnum Constant Maturity Fund Direct Growth
Debt
Direct
10 Yr Government Bond
NAV: ₹ 58.91 as on 23-04-2024
Fund Performance
268 people have invested ₹ 25.6L in SBI Magnum Constant Maturity Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, ICICI Prudential Constant Maturity Gilt Direct Growth has given 7.93% return, outperforming this fund by 0.46% per annum.
In the last 1 year, Bandhan Government Securities Fund - Constant Maturity Direct - Growth has given 7.05% return, outperforming this fund by 0.12%.
Over the last 6 months, this fund has increased expense ratio by 3.3% moving from 0.30 to 0.31.
In the last 3 years, this fund has outperformed all funds in its category.
About the SBI Magnum Constant Maturity Fund Direct Growth
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 ₹1641 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
 | 0.31% |
 Benchmark | ICICI Securities Libex TR INR |
 | ₹1641 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 150.97% |
SBI Magnum Constant Maturity Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
98.4%
Cash Equivalent
1.6%
Top Holdings of SBI Magnum Constant Maturity Fund Direct Growth as on (31-Mar-24)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 42.86% | -0.5% | |
7.18% Govt Stock 2033 | 32.91% | 0% | |
7.18% Govt Stock 2037 | 22.19% | 2.8% |
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 1.7K Cr as of Mar'24
- AUM increased by 15.7 Cr between Mar'24 and Feb'24
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
SBI Magnum Constant Maturity Fund Direct Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 8.78% since inception which is more than its category average return of 6.02%
AUM size ₹1641 Cr
This fund has AUM of ₹1641 Cr which is more than its category average of ₹ 620 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% 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 ₹58.91 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
SBI Magnum Constant Maturity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.06% | 0.06% |
6 Month Returns | 5.08% | 5.08% |
1 Year Returns | 6.94% | 6.94% |
3 Years Returns | 16.21% | 5.14% |
5 Years Returns | 43.33% | 7.47% |
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.
0.31% as on March 2024
₹1641 Cr as on March 2024
Yield to Maturity is 7.23 as on March 2024. 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 6.86 as on March 2024. 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%