SBI Magnum Income Fund Direct Growth
SBI Magnum Income Fund Direct Growth

SBI Magnum Income Fund Direct Growth

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Debt
Direct
Medium To Long Duration

NAV: ₹ 61.8 as on 30-11-2022

Fund Performance
zero opening, trading, fund transfer fee
185 people have invested ₹ 6.5L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
1.1%
1.8%
3.9%
3.3%
7.1%
7.4%
Benchmark
1.1%
1.1%
3.3%
2.3%
4.9%
4.9%
About the Fund

SBI Magnum Income Fund Direct Growth is a debt fund. This fund was started on  1 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 Growth has a NAV of 61.7629 as on 30-11-2022.

2) SBI Magnum Income Fund Direct Growth has 1516 Cr worth of assets under management (AUM) as on 30-09-2022 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
₹1516 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
150.68%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
78.1%
AA
21.9%

Sector Allocation

Oct'22

Sep'22

Aug'22

Government

58.3%

Cash Equivalent

21.7%

Corporate

20%

Top Holdings

  • All
  • Debt & Cash
Total Holdings16
Debt Holdings16
Holdings
Weight%
Holdings Trend
1M Change
icon
7.26% Govt Stock 2032
42.19%
17.5%
icon
7.54% Govt Stock 2036
18.98%
0%
icon
6.67% Govt Stock 2035
4.65%
0%
icon
Tata Realty And Infrastructure Limited
4.55%
0%
icon
Mahindra Rural Housing Finance Limited
3.96%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 1.8 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 1.5K Cr
Sep'22
₹ 1.5K Cr
Aug'22
₹ 1.5K Cr

Fund Returns vs Benchmark

Oct'22
0.98%
1.15%
Sep'22
-0.06%
-0.52%
Aug'22
1.05%
1.13%
Fund Return
Benchmark Return

Fund Manager

Dinesh Ahuja

Dinesh Ahuja

Managing this fund since 31 January 2011

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Medium Duration Fund Direct Growth
7.02%
5.04%
SBI Equity Hybrid Fund Direct Growth
13.87%
14.73%
SBI Magnum Gilt Fund Direct Growth
6.84%
5.08%
Mohit Jain

Mohit Jain

Managing this fund since 30 November 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Bluechip Fund Direct Growth
17.17%
15.48%
SBI Equity Hybrid Fund Direct Growth
13.87%
14.73%
SBI Focused Equity Fund Direct Plan Growth
16.49%
16.53%

AMC details

Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Fund House
SBI Funds Management Ltd

Fund Highlights

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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 8.16% since inception which is more than its category average return of 6.04%
AUM size ₹1516 Cr

AUM size ₹1516 Cr

This fund has AUM of ₹1516 Cr which is more than its category average of ₹ 817 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 1.2%

Frequently Asked Questions

The current NAV of SBI Magnum Income Fund Direct Growth is 61.65.
Existing (Absolute + CAGR)
SBI Magnum Income Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.14%
1.14%
6 Month Returns
3.79%
3.79%
1 Year Returns
3.18%
3.18%
3 Years Returns
22.85%
7.1%
5 Years Returns
43.05%
7.42%
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 October 2022
1516 Cr as on October 2022
7.37
4.08
AAA
78.15
AA
21.85
Dinesh Ahuja,Mohit Jain are the fund managers of SBI Magnum Income Fund Direct Growth
The Exit load of SBI Magnum Income Fund Direct Growth is 1%

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