SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl

Debt
Direct
Ultra Short Duration
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl

About the Fund

SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl is a debt fund. This fund was started on 15 March, 2007. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl has ₹11568 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl has given a CAGR return of 0.00% since inception.

Holdings

SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Health, Basic Materials, Utilities, Government. Its top holdings are 91 DTB 02082024, Union Bank Of India, Bank Of India, 182 DTB 11072024, ICICI Bank Limited

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl

To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.31%
Benchmark
CRISIL Ultra Short Durtn Debt A-I TR INR
AUM₹11568 Cr
Inception Date15 March, 2007
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

Corporate
60.8%
Cash Equivalent
37.1%
Government
2.1%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 02082024
91 DTB 02082024
6.88%
0%
Union Bank Of India
Union Bank Of India
6.15%
0%
Bank Of India
Bank Of India
4.93%
0%
182 DTB 11072024
182 DTB 11072024
3.88%
0%
ICICI Bank Limited
ICICI Bank Limited
3.77%
0%

SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
AUM size ₹11568 Cr

AUM size ₹11568 Cr

This fund has AUM of ₹11568 Cr which is more than its category average of ₹ 3190 Cr
Expense Ratio 0.31%

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 Transfer of Income Dist cum cap wdrl is ₹1274.14 as on 01-Jan-0001.
Existing (Absolute + CAGR) as on 01-Jan-0001.
SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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 June 2024
₹11568 Cr as on June 2024
91 DTB 02082024(6.88%), Union Bank Of India(6.15%), Bank Of India(4.93%), 182 DTB 11072024(3.88%), ICICI Bank Limited(3.77%) as on June 2024
Corporate(60.76%), Cash Equivalent(37.12%), Government(2.13%) as on June 2024
Yield to Maturity is 7.54 as on June 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 0.45 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Transfer of Income Dist cum cap wdrl is 0%