SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal
SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal

SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal

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Debt
Direct
Medium To Long Duration

NAV: ₹ 18.1 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 6K in mutual fund in the last three months

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.4%
2%
3.6%
4.5%
6.5%
7%
Benchmark
0.4%
1.9%
3.1%
3.4%
5.2%
5.2%
About the Fund

SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on  19 March, 2013. The fund is managed by Mohit Jain, Dinesh Ahuja. This fund is suitable to keep your money safe.

Key parameters

1) SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal has a NAV of 18.0895 as on 27-01-2023.

2) SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal has 1515 Cr worth of assets under management (AUM) as on 30-11-2022 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
19 March, 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 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
icon
7.54% Govt Stock 2036
29.14%
-11.5%
icon
7.41% Govt Stock 2036
9.94%
100%
icon
Treps
9.8%
0%
icon
5.63% Govt Stock 2026
4.75%
0%
icon
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

Dec'22
0.98%
1.15%
Nov'22
-0.06%
-0.52%
Oct'22
1.06%
1.13%
Fund Return
Benchmark Return

Fund Manager

Mohit Jain

Mohit Jain

Fund Manager of SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal, since 30 November 2017
Dinesh Ahuja

Dinesh Ahuja

Fund Manager of SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal, since 31 January 2011

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

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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 6.55% since inception which is more than its category average return of 6%
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 Quarterly Reinvestment of Income Distribution cum capital withdrawal is 18.09 as on 27-Jan-2023.
Existing (Absolute + CAGR)
SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.43%
0.43%
6 Month Returns
3.6%
3.6%
1 Year Returns
4.51%
4.51%
3 Years Returns
20.9%
6.53%
5 Years Returns
40.56%
7.05%
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0.8 as on December 2022
1515 Cr as on December 2022
Yield to Maturity is 7.66 as on December 2022. 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 December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
79.99
AA
20.01
Mohit Jain,Dinesh Ahuja are the fund managers of SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of SBI Magnum Income Fund Direct Quarterly Reinvestment of Income Distribution cum capital withdrawal 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.