SBI Magnum Medium Duration Fund Direct Growth
Debt
Direct
Medium Duration
NAV: ₹ 49.74 as on 24-04-2024
Fund Performance
540 people have invested ₹ 62.9L in SBI Magnum Medium Duration Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.04% return, outperforming this fund by 7% per annum.
Over the last 3 months, this fund has experienced a 6.3% drop in AUM moving from 6.73K Cr to 6.30K Cr.
Over the last 6 months, this fund has increased expense ratio by 1.5% moving from 0.68 to 0.69.
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.34% return, outperforming this fund by 1.33% per annum.
In the last 1 year, Kotak Medium Term Direct Growth has given 8.28% return, outperforming this fund by 0.86%.
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.69% which is lower than the category average expense ratio of 0.85%.
About the SBI Magnum Medium Duration Fund Direct Growth
SBI Magnum Medium Duration Fund Direct Growth is a debt fund. This fund was started on 29 January, 2013. The fund is managed by Mohit Jain, Dinesh Ahuja. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Medium Duration Fund Direct Growth has ₹6308 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.7.
SBI Magnum Medium Duration Fund Direct Growth Overview
 | 0.69% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹6308 Cr |
 | 29 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1.5% |
 | No Lock-in |
 TurnOver | 128.75% |
SBI Magnum Medium Duration Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
55.3%
AA
41%
A
3.7%
Sector Allocation
Corporate
53.7%
Government
42.5%
Cash Equivalent
3.9%
Top Holdings of SBI Magnum Medium Duration Fund Direct Growth as on (31-Mar-24)
Debt Holdings43
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 13.08% | -15.4% | |
7.18% Govt Stock 2037 | 10.05% | 0% | |
Godrej Properties Limited | 5.16% | 0% | |
Tata Housing Development Company Limited | 4.77% | 0% | |
Jamnagar Utilities And Power Private Limited | 3.98% | 0% |
See all
SBI Magnum Medium Duration Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 6.4K Cr as of Mar'24
- AUM decreased by 168.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Magnum Medium Duration Fund Direct Growth Fund Manager
Mohit Jain
Fund Manager of SBI Magnum Medium Duration Fund Direct Growth, since 30 November 2017
Top funds managed
Dinesh Ahuja
Fund Manager of SBI Magnum Medium Duration Fund Direct Growth, since 1 July 2011
Top funds managed
SBI Magnum Medium Duration Fund Direct Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 8.98% since inception which is more than its category average return of 4.4%
AUM size ₹6308 Cr
This fund has AUM of ₹6308 Cr which is more than its category average of ₹ 1550 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of SBI Magnum Medium Duration Fund Direct Growth is ₹49.74 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
SBI Magnum Medium Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.46% | 0.46% |
6 Month Returns | 4.03% | 4.03% |
1 Year Returns | 7.42% | 7.42% |
3 Years Returns | 19.22% | 6.04% |
5 Years Returns | 46.99% | 8.01% |
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.
0.69% as on March 2024
₹6308 Cr as on March 2024
7.18% Govt Stock 2033(13.08%), 7.18% Govt Stock 2037(10.05%), Godrej Properties Limited(5.16%), Tata Housing Development Company Limited(4.77%), Jamnagar Utilities And Power Private Limited(3.98%) as on March 2024
Corporate(53.67%), Government(42.45%), Cash Equivalent(3.88%) as on March 2024
Yield to Maturity is 8.08 as on March 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 3.52 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 55.31 |
AA | 40.97 |
A | 3.72 |
Mohit Jain, Dinesh Ahuja are the fund managers of SBI Magnum Medium Duration Fund Direct Growth
The Exit load of SBI Magnum Medium Duration Fund Direct Growth is 1.5%