SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
10 Yr Government Bond
SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 3 January, 2013. The fund is managed by Dinesh Ahuja. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1621 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 6.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.88%, 5.26% and 6.69% respectively.

Holdings

SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.26% Govt Stock 2033, 7.18% Govt Stock 2033, 7.18% Govt Stock 2037

Taxation

As it is a 10 yr government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl

To provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 500 in SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
ICICI Securities Libex TR INR
AUM
AUM
₹1621 Cr
Inception Date
Inception Date
3 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
150.97%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
96.9%
Cash Equivalent
3.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.26% Govt Stock 2033
7.26% Govt Stock 2033
40.6%
-5.1%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
33.62%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
22.73%
0%

Dinesh Ahuja
Dinesh Ahuja
Fund Manager of SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 25 January 2020

SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.8% since inception which is more than its category average return of 6.15%
AUM size ₹1621 Cr

AUM size ₹1621 Cr

This fund has AUM of ₹1621 Cr which is more than its category average of ₹ 618 Cr
Expense Ratio 0.31%

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 Reinvestment Inc Dist cum Cap Wdrl is ₹19.53 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.09%
1.09%
6 Month Returns
4.78%
4.78%
1 Year Returns
6.88%
6.88%
3 Years Returns
16.63%
5.26%
5 Years Returns
38.22%
6.69%
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 May 2024
₹1621 Cr as on May 2024
Yield to Maturity is 7.34 as on May 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 6.82 as on May 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 Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Magnum Constant Maturity Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0%