SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 2083.26 as on 23-04-2024
Fund Performance
About the SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Arun R., Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl has ₹9799 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl Overview
 | 0.31% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹9799 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 227.07% |
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
51.1%
Cash Equivalent
41.9%
Government
7%
Top Holdings of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl as on (31-Mar-24)
Debt Holdings60
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 25042024 | 6.62% | 0% | |
ICICI Bank Limited | 4.39% | 0% | |
Small Industries Development Bank Of India | 4.04% | 0% | |
Tata Teleservices Ltd | 3.9% | 0% | |
TATA Consumer Products Ltd. | 3.54% | 0% |
See all
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 9K Cr as of Mar'24
- AUM decreased by 195.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl Fund Manager
Arun R.
Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl, since 1 July 2021
Top funds managed
Mohit Jain
Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl, since 30 November 2017
Top funds managed
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl 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 5.64% since inception which is less than its category average return of 7.19%
AUM size ₹9799 Cr
This fund has AUM of ₹9799 Cr which is more than its category average of ₹ 2935 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl is ₹2083.26 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 7.48% | 7.48% |
3 Years Returns | 17.78% | 5.61% |
5 Years Returns | 29.9% | 5.37% |
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.
0.31% as on March 2024
₹9799 Cr as on March 2024
91 DTB 25042024(6.62%), ICICI Bank Limited(4.39%), Small Industries Development Bank Of India(4.04%), Tata Teleservices Ltd(3.9%), TATA Consumer Products Ltd.(3.54%) as on March 2024
Corporate(51.08%), Cash Equivalent(41.92%), Government(7%) as on March 2024
Yield to Maturity is 7.68 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 0.41 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Arun R., Mohit Jain are the fund managers of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl
The Exit load of SBI Magnum Ultra Short Duration Fund Direct Plan Daily Reinvestment of Income Dist cum cap wdrl is 0%