SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl
Debt
Direct
Low Duration
NAV: ₹ 1198.5 as on 21-03-2023
Fund Performance
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl Performance as on (21-Mar-23)
About the Fund
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan, Mohit Jain. This fund is suitable to keep your money safe.
Key parameters
1) SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl has a NAV of ₹1198.4871 as on 21-03-2023.
2) SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl has ₹7778 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.4 %.
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl Overview
 | 0.4% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹7778 Cr |
 | 1 January, 2013 |
 | ₹5000/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 158.32% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
87.6%
AA
12.4%
Sector Allocation
Cash Equivalent
45.7%
Corporate
33.6%
Government
20.6%
Top Holdings of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl as on (28-Feb-23)
Debt Holdings72
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.16 5/20/2023 12:00:00 Am | 3.86% | 0% | |
Canara Bank | 3.76% | 0% | |
HDFC Bank Limited | 3.75% | 0% | |
Housing Development Finance Corporation Limited | 3.74% | 0% | |
Mangloor Highways Private Limited | 3.35% | 0% |
See all
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.46% whereas the fund’s underlying benchmark Low Duration Index returns stands at 0.41% as on Feb'23
- This fund outperformed Low Duration Index by 0.05% in Feb'23
AUM Change
- AUM of the fund stands at 7.4K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Mangloor Highways Private Limited's allocation increased from 0% to 3.35%
National Bank For Agriculture And Rural Development's allocation increased from 0.33% to 3.18%
Indian Railway Finance Corporation Limited's allocation increased from 0.67% to 3.32%
Top Stocks sold last month
Nabha Power Limited's allocation decreased from 3 % to 2.97 %
Cholamandalam Investment And Fin. Co. Ltd's allocation decreased from 2.7 % to 2.67 %
Bharti Telecom Limited's allocation decreased from 2.03 % to 2 %
Debt allocation has gone down from 48% to 39.1%
Cash allocation has gone up from 52% to 60.9%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
34%
Government
21%
Jan'23
Corporate
38%
Government
25%
Peer Analysis
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl Fund Manager
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl, since 9 June 2008
Top funds managed
Mohit Jain
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl, since 31 May 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.71% since inception which is more than its category average return of 4.95%
AUM size ₹7778 Cr
This fund has AUM of ₹7778 Cr which is more than its category average of ₹ 3541 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl is 1198.12 as on 20-Mar-2023.
Existing (Absolute + CAGR)
SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 3.19% | 3.19% |
1 Year Returns | 5.15% | 5.15% |
3 Years Returns | 16.89% | 5.34% |
5 Years Returns | 30.24% | 5.43% |
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.
0.4 as on February 2023
7403 Cr as on February 2023
Yield to Maturity is 7.84 as on February 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 0.72 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 87.62 |
AA | 12.38 |
Mohit Jain,Rajeev Radhakrishnan are the fund managers of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl
The Exit load of SBI Magnum Low Duration Fund Direct Plan Fortnightly Payout of Income Dist cum capl wdrl is 0%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.