SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl

SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl

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Debt
Direct
Low Duration
NAV: ₹ 1479.33 as on 17-05-2024

About the Fund

SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl 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 Monthly Reinvestment of Income Dist cum capl wdrl has ₹10285 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.
Fund Performance

Overview

Expense ratio
Expense ratio
0.43%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹10285 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
187.48%

SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
85%
AA
15%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
58.3%
Cash Equivalent
21.3%
Government
20.4%

Top Holdings of SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings72
Holdings
Weight%
1M Change
7.72% Govt Stock 2028
7.72% Govt Stock 2028
10.21%
0%
National Housing Bank
National Housing Bank
3.9%
0%
L&T Metro Rail (Hyderabad) Limited
L&T Metro Rail (Hyderabad) Limited
3.59%
0%
Larsen & Toubro Ltd.
Larsen & Toubro Ltd.
3.4%
0%
LIC Housing Finance Ltd
LIC Housing Finance Ltd
3.11%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 10.3K Cr
₹ 9.8K Cr
₹ 10.1K Cr
  • AUM of the fund stands at 10.3K Cr as of Apr'24
  • AUM increased by 500.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl, since 31 May 2022
Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl, since 9 June 2008

SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment 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
About the fund

About the fund

This fund has delivered an average annual returns of 5.9% since inception which is more than its category average return of 4.97%
AUM size ₹10285 Cr

AUM size ₹10285 Cr

This fund has AUM of ₹10285 Cr which is more than its category average of ₹ 3683 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% 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 Monthly Reinvestment of Income Dist cum capl wdrl is ₹1479.33 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.79%
3.79%
1 Year Returns
7.44%
7.44%
3 Years Returns
18.41%
5.79%
5 Years Returns
36.18%
6.37%
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.
0.43% as on April 2024
₹10285 Cr as on April 2024
7.72% Govt Stock 2028(10.21%), National Housing Bank(3.9%), L&T Metro Rail (Hyderabad) Limited(3.59%), Larsen & Toubro Ltd.(3.4%), LIC Housing Finance Ltd(3.11%) as on April 2024
Corporate(58.31%), Cash Equivalent(21.29%), Government(20.39%) as on April 2024
Yield to Maturity is 7.88 as on April 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 0.92 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
84.98
AA
15.02
Mohit Jain, Rajeev Radhakrishnan are the fund managers of SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl
The Exit load of SBI Magnum Low Duration Fund Direct Plan Monthly Reinvestment of Income Dist cum capl wdrl is 0%