SBI Magnum Income Fund Direct Bonus
SBI Magnum Income Fund Direct Bonus

SBI Magnum Income Fund Direct Bonus

Compare
Debt
Direct
Medium To Long Duration

NAV: ₹ 37.9 as on 08-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
2.3%
3.7%
4.8%
6.1%
7.7%
Benchmark
0.8%
2%
3%
4.4%
4.8%
5.4%
About the Fund

SBI Magnum Income Fund Direct Bonus is a debt fund. This fund was started on  14 January, 2013. The fund is managed by Dinesh Ahuja, Mohit Jain. This fund is suitable to keep your money safe.

Key parameters

1) SBI Magnum Income Fund Direct Bonus has a NAV of 37.9136 as on 08-02-2023.

2) SBI Magnum Income Fund Direct Bonus has 1515 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.8 %.

Fund Overview

Expense ratio
Expense ratio
0.8%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹1515 Cr
Inception Date
Inception Date
14 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
150.68%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
80%
AA
20%

Sector Allocation

Dec'22

Nov'22

Oct'22

Government

64.2%

Corporate

21.4%

Cash Equivalent

14.4%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings21
Holdings
Weight%
Holdings Trend
1M Change
7.54% Govt Stock 2036
7.54% Govt Stock 2036
29.14%
-11.5%
7.41% Govt Stock 2036
7.41% Govt Stock 2036
9.94%
100%
Treps
Treps
9.8%
0%
5.63% Govt Stock 2026
5.63% Govt Stock 2026
4.75%
0%
6.67% Govt Stock 2035
6.67% Govt Stock 2035
4.67%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 1.5K Cr
Nov'22
₹ 1.5K Cr
Oct'22
₹ 1.5K Cr

Fund Returns vs Benchmark

Jan'23
0.98%
1.15%
Dec'22
-0.06%
-0.52%
Nov'22
1.05%
1.13%
Fund Return
Benchmark Return

Fund Manager

Dinesh Ahuja

Dinesh Ahuja

Fund Manager of SBI Magnum Income Fund Direct Bonus, since 31 January 2011
Mohit Jain

Mohit Jain

Fund Manager of SBI Magnum Income Fund Direct Bonus, since 30 November 2017

AMC details

Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹4.53L Cr
as on 31-Dec-2022
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Email
partnerforlife@sbimf.com

Fund 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 7.96% since inception which is more than its category average return of 6.02%
AUM size ₹1515 Cr

AUM size ₹1515 Cr

This fund has AUM of ₹1515 Cr which is more than its category average of ₹ 823 Cr
Expense Ratio 0.8%

Expense Ratio 0.8%

This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions

The current NAV of SBI Magnum Income Fund Direct Bonus is 37.97 as on 07-Feb-2023.
Existing (Absolute + CAGR)
SBI Magnum Income Fund Direct Bonus
Absolute Returns
CAGR Returns
1 Month Returns
0.8%
0.8%
6 Month Returns
3.85%
3.85%
1 Year Returns
5.35%
5.35%
3 Years Returns
19.8%
6.21%
5 Years Returns
45.37%
7.77%
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.
0.8 as on January 2023
1515 Cr as on January 2023
Yield to Maturity is 7.66 as on January 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 5.73 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
79.99
AA
20.01
Dinesh Ahuja,Mohit Jain are the fund managers of SBI Magnum Income Fund Direct Bonus
The Exit load of SBI Magnum Income Fund Direct Bonus is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.