SBI Magnum Low Duration Fund Direct Plan Growth
SBI Magnum Low Duration Fund Direct Plan Growth

SBI Magnum Low Duration Fund Direct Plan Growth

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Debt
Direct
Low Duration

NAV: ₹ 3032.3 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
119 people have invested ₹ 29L in mutual fund in the last three months

Fund Insights

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In the last 1 year, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 5.45% return, outperforming this fund by 0.53%

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In the last 3 years, UTI - Treasury Advantage Fund - Direct Plan - Growth Option has given 6.92% return, outperforming this fund by 1.78% per annum

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In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 7.05% return, outperforming this fund by 0.65% per annum

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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.65%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.8%
3.1%
4.9%
5.1%
6.4%
Benchmark
0.5%
1.5%
2.7%
4.4%
5%
4.7%
About the Fund

SBI Magnum Low Duration Fund Direct Plan Growth is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Mohit Jain, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.

Key parameters

1) SBI Magnum Low Duration Fund Direct Plan Growth has a NAV of 3032.2708 as on 08-02-2023.

2) SBI Magnum Low Duration Fund Direct Plan Growth has 7440 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.4 %.

Fund Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7440 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
158.32%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
88.6%
AA
11.4%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

37.9%

Corporate

34%

Government

28.2%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings68
Holdings
Weight%
Holdings Trend
1M Change
Bharti Airtel Limited (Formerly Bharti Tele-Ventures Limited)
Bharti Airtel Limited (Formerly Bharti Tele-Ventures Limited)
4.01%
0%
7.16% Govt Stock 2023
7.16% Govt Stock 2023
3.91%
0%
Canara Bank
Canara Bank
3.78%
100%
HDFC Bank Limited
HDFC Bank Limited
3.77%
100%
Housing Development Finance Corp Ltd.
Housing Development Finance Corp Ltd.
3.75%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 7.3K Cr
Nov'22
₹ 7.3K Cr
Oct'22
₹ 7.6K Cr

Fund Returns vs Benchmark

Jan'23
0.47%
0.46%
Dec'22
0.29%
0.26%
Nov'22
0.53%
0.53%
Fund Return
Benchmark Return

Fund Manager

Mohit Jain

Mohit Jain

Fund Manager of SBI Magnum Low Duration Fund Direct Plan Growth, since 31 May 2022
Rajeev Radhakrishnan

Rajeev Radhakrishnan

Fund Manager of SBI Magnum Low Duration Fund Direct Plan Growth, since 9 June 2008

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

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.39% since inception which is more than its category average return of 4.93%
AUM size ₹7440 Cr

AUM size ₹7440 Cr

This fund has AUM of ₹7440 Cr which is more than its category average of ₹ 3690 Cr
Expense Ratio 0.4%

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 Growth is 3032.27 as on 08-Feb-2023.
Existing (Absolute + CAGR)
SBI Magnum Low Duration Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.07%
3.07%
1 Year Returns
4.92%
4.92%
3 Years Returns
16.23%
5.14%
5 Years Returns
36.31%
6.39%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.4 as on January 2023
7440 Cr as on January 2023
Yield to Maturity is 7.52 as on January 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 0.78 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.56
AA
11.44
Mohit Jain,Rajeev Radhakrishnan are the fund managers of SBI Magnum Low Duration Fund Direct Plan Growth
The Exit load of SBI Magnum Low Duration Fund Direct Plan Growth is 0%

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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.