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

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

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Debt
Direct
Medium To Long Duration
NAV: ₹ 19.4 as on 18-04-2024
Fund Performance

About the SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal

SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 1 January, 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 Reinvestment of Income Distribution cum capital withdrawal has ₹1746 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.8.

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

Expense ratio
Expense ratio
0.79%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹1746 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%

SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
62.7%
AA
37.3%
Sector Allocation

Mar'24

Feb'24

Jan'24

Government
54.1%
Corporate
41.7%
Cash Equivalent
4.2%

Top Holdings of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (31-Mar-24)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
16.75%
-29.3%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
14.92%
0%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
5.81%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
5.77%
66.7%
Pipeline Infrastructure Ltd.
Pipeline Infrastructure Ltd.
4.42%
0%

SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.7K Cr as of Mar'24
  • AUM increased by 17.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

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

Mohit Jain
Mohit Jain
Fund Manager of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 30 November 2017
Dinesh Ahuja
Dinesh Ahuja
Fund Manager of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 31 January 2011

SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 6.64% since inception which is more than its category average return of 5.67%
AUM size ₹1746 Cr

AUM size ₹1746 Cr

This fund has AUM of ₹1746 Cr which is more than its category average of ₹ 1003 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹19.4 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.01%
0.01%
6 Month Returns
3.95%
3.95%
1 Year Returns
7.55%
7.55%
3 Years Returns
18.58%
5.84%
5 Years Returns
46.13%
7.88%
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0.79% as on March 2024
₹1746 Cr as on March 2024
7.18% Govt Stock 2033(16.75%), 7.3% Govt Stock 2053(14.92%), 7.25% Govt Stock 2063(5.81%), 7.18% Govt Stock 2037(5.77%), Pipeline Infrastructure Ltd.(4.42%) as on March 2024
Government(54.12%), Corporate(41.66%), Cash Equivalent(4.22%) as on March 2024
Yield to Maturity is 8.04 as on March 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 5.71 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
62.68
AA
37.32
Mohit Jain, Dinesh Ahuja are the fund managers of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal
The Exit load of SBI Magnum Income Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 1%