SBI Magnum Low Duration Fund Direct Growth

SBI Magnum Low Duration Fund Direct Growth

Debt

SBI Mutual Fund

Low Duration

Get the latest NAV of SBI Magnum Low Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹3637.48

NAV as on 24 Jun 2025

7.5%/per year

Since Inception

Absolute Gain%

▲▼

183 people have invested ₹ 1.9Cr in SBI Magnum Low Duration Fund Direct Growth in the last three months

Fund Performance

as on (24-Jun-25)

Period
This Fund
Low Duration Index
1 Month
0.63%
0.51%
3 Months
2.56%
2.33%
6 Months
4.47%
4.15%
1 Year
8.42%
7.86%
3 Years
7.59%
7.12%
5 Years
6.16%
6.18%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
SBI Magnum Low Duration Fund
11/16
14,729Cr
0.43%
8.42%
7.59%
7.5%
Nippon India Low Duration Fund Direct Growth
1/16
7,726Cr
0.38%
8.61%
7.67%
7.72%
Aditya Birla Sun Life Low Duration Fund Direct Growth
2/16
13,253Cr
0.43%
8.49%
7.79%
8.04%
Kotak Low Duration Fund Direct Growth
3/16
12,904Cr
0.42%
8.74%
7.92%
8.01%
See all

SBI Magnum Low Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

SBI Magnum Low Duration Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Debt & Cash 99.8%

AAA
92.8%
AA
7.2%
Cash allocation has gone down from 29.6% to 26.4%
Cash allocation has gone down from 29.6% to 26.4%
Debt allocation has gone up from 70.2% to 73.4%
Debt allocation has gone up from 70.2% to 73.4%

SBI Magnum Low Duration Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Debt & Cash 99.8%

Corporate
63.4%
Government
19.8%
Cash Equivalent
16.4%
Securitize
0.4%

Top 2 Sectors in May were Corporate, Government

May'25

Corporate

63%

Government

22%

Apr'25

Corporate

65%

Government

20%

SBI Magnum Low Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.43%
Benchmark
Crisil Low Duration Debt TR INR
AUM₹14729 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
164.23%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About SBI Magnum Low Duration Fund

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

Key Parameters

  1. SBI Magnum Low Duration Fund Direct Growth has ₹14729 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Magnum Low Duration Fund Direct Growth has given a CAGR return of 7.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.42%, 7.59% and 6.16% respectively.

Holdings

SBI Magnum Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.03 CG Sdl 2026, HDFC Bank Ltd., TRent Limited, National Bank For Agriculture And Rural Development, Canara Bank

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Magnum Low Duration Fund Direct Growth

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 5000.00 and for SIP is INR 500.00. SBI Magnum Low Duration Fund Direct Growth has no lock in period.

Learn more about SBI Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 14.7K Cr
₹ 14.6K Cr
₹ 14.4K Cr
  • AUM of the fund stands at 14.7K Cr as of May'25
  • AUM increased by 138.8 Cr between May'25 and Apr'25

Frequently Asked Questions for SBI Magnum Low Duration Fund Direct Growth

How do I invest in SBI Magnum Low Duration Fund?

INDmoney makes it simple to invest in the SBI Magnum Low Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘SBI Magnum Low Duration Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of SBI Magnum Low Duration Fund?

The NAV of the fund today is ₹3637.48. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

SBI Magnum Low Duration Fund fund has generated a return of 8.42% in 1 year, 7.59% in 3 years, 6.16% in 5 years.

Who is the fund manager of SBI Magnum Low Duration Fund?

The fund managers are .

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.43%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹14729 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of SBI Magnum Low Duration Fund?

The top 3 holdings of the fund are 07.03 CG Sdl 2026(5.81%), HDFC Bank Ltd.(3.7%), TRent Limited(3.34%)