SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl

Debt
Direct
Low Duration
SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl

About the Fund

SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl is a debt fund. This fund was started on 27 July, 2007. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl has ₹9803 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.

Returns

SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl has given a CAGR return of 0.00% since inception.

Holdings

SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.72% Govt Stock 2028, National Housing Bank, L&T Metro Rail (Hyderabad) Limited, Larsen & Toubro Ltd., Rural Electrification Corporation Limited

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl

To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio--
Benchmark
CRISIL Low Duration Debt A-I TR INR
AUM₹9803 Cr
Inception Date27 July, 2007
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
187.48%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
86.3%

AA
13.7%

All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.72% Govt Stock 2028
7.72% Govt Stock 2028
10.73%
0%
National Housing Bank
National Housing Bank
4.09%
0%
L&T Metro Rail (Hyderabad) Limited
L&T Metro Rail (Hyderabad) Limited
3.78%
0%
Larsen & Toubro Ltd.
Larsen & Toubro Ltd.
3.57%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
3.31%
0%

SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
AUM size ₹9803 Cr

AUM size ₹9803 Cr

This fund has AUM of ₹9803 Cr which is more than its category average of ₹ 3863 Cr

Frequently Asked Questions

Existing (Absolute + CAGR) as on 01-Jan-0001.
SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
₹9803 Cr as on June 2024
7.72% Govt Stock 2028(10.73%), National Housing Bank(4.09%), L&T Metro Rail (Hyderabad) Limited(3.78%), Larsen & Toubro Ltd.(3.57%), Rural Electrification Corporation Limited(3.31%) as on June 2024
Corporate(68.21%), Government(19.34%), Cash Equivalent(12.46%) as on June 2024
Yield to Maturity is 7.81 as on June 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 0.95 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
86.34
AA
13.66
The Exit load of SBI Magnum Low Duration Fund Direct Fortnightly Transfer of Income Dist cum capl wdrl is 0%