SBI Magnum Ultra Short Duration Fund Direct Plan Growth
SBI Magnum Ultra Short Duration Fund Direct Plan Growth

SBI Magnum Ultra Short Duration Fund Direct Plan Growth

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Debt
Direct
Ultra Short Duration

NAV: ₹ 5046.7 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
160 people have invested ₹ 91.9L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.4%
2.7%
4.4%
4.7%
6.1%
Benchmark
0.5%
1.2%
2.5%
4.1%
4.3%
4.6%
About the Fund

SBI Magnum Ultra Short Duration Fund Direct Plan Growth is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Mohit Jain, Arun R.. This fund is suitable to keep your money safe.

Key parameters

1) SBI Magnum Ultra Short Duration Fund Direct Plan Growth has a NAV of 5046.7243 as on 05-12-2022.

2) SBI Magnum Ultra Short Duration Fund Direct Plan Growth has 9829 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.29 %.

Fund Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹9829 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
227.07%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

51.5%

Corporate

32%

Government

16.5%

Top Holdings

  • All
  • Debt & Cash
Total Holdings62
Debt Holdings62
Holdings
Weight%
Holdings Trend
1M Change
icon
Small Industries Development Bank Of India
5.01%
0%
icon
National Bank For Agriculture And Rural Development
4.84%
-9.5%
icon
Bank Of Baroda
4.18%
100%
icon
L&T Finance Limited
3.93%
0%
icon
Housing Development Finance Corporation Limited
3.84%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 348.9 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 11.4K Cr
Sep'22
₹ 11.8K Cr
Aug'22
₹ 12.7K Cr

Fund Returns vs Benchmark

Oct'22
0.40%
0.38%
Sep'22
0.34%
0.34%
Aug'22
0.50%
0.44%
Fund Return
Benchmark Return

Fund Manager

Mohit Jain

Mohit Jain

Managing this fund since 30 November 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Bluechip Fund Direct Growth
17.53%
16.17%
SBI Equity Hybrid Fund Direct Growth
14.32%
15.24%
SBI Focused Equity Fund Direct Plan Growth
17.06%
17.23%
Arun R.

Arun R.

Managing this fund since 1 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Ultra Short Duration Fund Direct Plan Growth
4.7%
4.26%
SBI Arbitrage Opportunities Fund Direct Growth
4.33%
3.73%

AMC details

Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Fund House
SBI Funds Management Ltd

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.17% since inception which is more than its category average return of 7%
AUM size ₹9829 Cr

AUM size ₹9829 Cr

This fund has AUM of ₹9829 Cr which is more than its category average of ₹ 2819 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.6%

Frequently Asked Questions

The current NAV of SBI Magnum Ultra Short Duration Fund Direct Plan Growth is 5044.01.
Existing (Absolute + CAGR)
SBI Magnum Ultra Short Duration Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
2.72%
2.72%
1 Year Returns
4.37%
4.37%
3 Years Returns
14.77%
4.7%
5 Years Returns
34.24%
6.07%
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.
0.29 as on November 2022
9829 Cr as on November 2022
7.12
0.37
AAA
100
Mohit Jain,Arun R. are the fund managers of SBI Magnum Ultra Short Duration Fund Direct Plan Growth
The Exit load of SBI Magnum Ultra Short Duration Fund Direct Plan Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.