SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl
Debt
Direct
Low Duration
NAV: ₹ 1226.9 as on 29-09-2023
Fund Performance
About the Fund
SBI Magnum Low Duration Fund Direct Plan Weekly 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
- SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl has ₹10009 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl Overview
 | 0.38% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹10009 Cr |
 | 1 January, 2013 |
 | ₹5000/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 187.48% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
83.4%
AA
16.6%
Sector Allocation
Corporate
40.6%
Government
32%
Cash Equivalent
27.4%
Top Holdings of SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl as on (31-Aug-23)
Debt Holdings86
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.879999999999999% Govt Stock 2028 | 4.55% | 0% | |
Indian Bank | 4.37% | 0% | |
State Bank Of India | 3.64% | 0% | |
India Grid Trust | 3.49% | 0% | |
Export-Import Bank Of India | 2.89% | 0% |
See all
SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 9.9K Cr as of Aug'23
- AUM decreased by 950.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl Fund Manager
Mohit Jain
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl, since 31 May 2022
Top funds managed
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl, since 9 June 2008
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 5.93% since inception which is more than its category average return of 4.96%
AUM size ₹10009 Cr
This fund has AUM of ₹10009 Cr which is more than its category average of ₹ 4118 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% 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 Weekly Reinvestment of Income Dist cum capl wdrl is ₹1226.91 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 7.36% | 7.36% |
3 Years Returns | 16.22% | 5.14% |
5 Years Returns | 32.18% | 5.74% |
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).
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0.38% as on August 2023
₹10009 Cr as on August 2023
7.879999999999999% Govt Stock 2028(4.55%), Indian Bank(4.37%), State Bank Of India(3.64%), India Grid Trust(3.49%), Export-Import Bank Of India(2.89%) as on August 2023
Corporate(43.37%), Government(32.18%), Cash Equivalent(24.45%) as on August 2023
Yield to Maturity is 7.61 as on August 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 August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 83.37 |
AA | 16.63 |
Mohit Jain, Rajeev Radhakrishnan are the fund managers of SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl
The Exit load of SBI Magnum Low Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum capl wdrl is 0%