SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal
Debt
Direct
Medium To Long Duration
NAV: ₹ 19.3 as on 08-12-2023
Fund Performance
3 people have invested ₹ 9K in SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal in the last three months
About the SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 19 March, 2013. The fund is managed by Dinesh Ahuja, Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal has ₹1696 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.8.
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal Overview
 | 0.81% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹1696 Cr |
 | 19 March, 2013 |
 | ₹5000/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 150.68% |
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
62%
AA
38%
Sector Allocation
Corporate
49%
Government
46.5%
Cash Equivalent
4.5%
Top Holdings of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal as on (30-Nov-23)
Debt Holdings29
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2029 | 14.05% | 0% | |
7.41% Govt Stock 2036 | 8.92% | 0% | |
7.26% Govt Stock 2033 | 5.89% | 0% | |
Godrej Properties Limited | 4.41% | 0% | |
Larsen And Toubro Limited | 4.41% | 0% |
See all
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal: 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 Oct'23
- AUM decreased by 5.6 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal Fund Manager
Dinesh Ahuja
Fund Manager of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal, since 31 January 2011
Top funds managed
Mohit Jain
Fund Manager of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal, since 30 November 2017
Top funds managed
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal 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 6.65% since inception which is more than its category average return of 5.67%
AUM size ₹1696 Cr
This fund has AUM of ₹1696 Cr which is more than its category average of ₹ 982 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.12%
Frequently Asked Questions
The current NAV of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal is ₹19.31 as on 08-Dec-2023.
Existing (Absolute + CAGR) as on 08-Dec-2023.
SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 2.5% | 2.5% |
1 Year Returns | 7.29% | 7.29% |
3 Years Returns | 16.22% | 5.14% |
5 Years Returns | 45.73% | 7.82% |
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.
0.81% as on November 2023
₹1696 Cr as on November 2023
7.1% Govt Stock 2029(14.05%), 7.41% Govt Stock 2036(8.92%), 7.26% Govt Stock 2033(5.89%), Larsen And Toubro Limited(4.41%), Godrej Properties Limited(4.41%) as on November 2023
Corporate(48.28%), Government(46.03%), Cash Equivalent(5.69%) as on November 2023
Yield to Maturity is 8.02 as on November 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 4.29 as on November 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 62.01 |
AA | 37.99 |
Dinesh Ahuja, Mohit Jain are the fund managers of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal
The Exit load of SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal is 1%