SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 1257.9 as on 01-06-2023
Fund Performance
About the Fund
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl is a debt fund. This fund was started on 18 January, 2013. The fund is managed by Arun R., Mohit Jain. This fund is suitable to keep your money safe.
Key parameters
1) SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl has a NAV of ₹1257.8608 as on 01-06-2023.
2) SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl has ₹12643 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.
3) The fund has an expense ratio 0.31 %.
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl Overview
 | 0.31% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹12643 Cr |
 | 18 January, 2013 |
 | ₹5000/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 227.07% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
55.9%
Corporate
24.6%
Government
19.5%
Top Holdings of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl as on (31-May-23)
Debt Holdings71
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Treps | 6.34% | 0% | |
91 DTB 18052023 | 5.5% | 0% | |
Net Receivable / Payable | 5.15% | 0% | |
7.37 4/16/2023 12:00:00 Am | 4.59% | 0% | |
91 DTB 20042023 | 3.32% | 0% |
See all
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.47% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Apr'23
- This fund outperformed Ultra Short Duration Index by 0.05% in Apr'23
AUM Change
- AUM of the fund stands at 11.5K Cr as of Apr'23
- AUM increased by 2.5K Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl Fund Manager
Arun R.
Fund Manager of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout 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 Weekly Payout of Income Dist cum cap wdrl, since 30 November 2017
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 5.61% since inception which is less than its category average return of 7.13%
AUM size ₹12643 Cr
This fund has AUM of ₹12643 Cr which is more than its category average of ₹ 2988 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.63%
Frequently Asked Questions
The current NAV of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl is ₹1257.86 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 3.63% | 3.63% |
1 Year Returns | 6.42% | 6.42% |
3 Years Returns | 14.93% | 4.75% |
5 Years Returns | 29.15% | 5.25% |
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 May 2023
₹12643 Cr as on May 2023
Treps(6.34%), 91 DTB 18052023(5.5%), Net Receivable / Payable(5.15%), 7.37 4/16/2023 12:00:00 Am(4.59%), 91 DTB 20042023(3.32%) as on May 2023
Cash Equivalent(59.11%), Government(20.48%), Corporate(20.41%) as on May 2023
Yield to Maturity is 7.35 as on May 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 0.44 as on May 2023. 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 Weekly Payout of Income Dist cum cap wdrl
The Exit load of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Payout of Income Dist cum cap wdrl is 0%