SBI Magnum Low Duration Fund Direct Growth
Get the latest NAV of SBI Magnum Low Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹3604.76
NAV as on 15 May 2025
7.49%/per year
Since Inception
▲▼
158 people have invested ₹ 73L in SBI Magnum Low Duration Fund Direct Growth in the last three months
Fund Performance
as on (15-May-25)
Peer comparison
SBI Magnum Low Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Magnum Low Duration Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Debt & Cash 99.8%
SBI Magnum Low Duration Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in April were Corporate, Government
Corporate
65%
Government
20%
Corporate
63%
Government
23%
SBI Magnum Low Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.43% |
Benchmark | Crisil Low Duration Debt TR INR |
| AUM | ₹14591 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 164.23% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About SBI Magnum Low Duration Fund
SBI Magnum Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Magnum Low Duration Fund Direct Growth has ₹14591 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
SBI Magnum Low Duration Fund Direct Growth has given a CAGR return of 7.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.34%, 7.44% and 6.25% respectively.
Holdings
SBI Magnum Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.03 CG Sdl 2026, TRent Limited, HDFC Bank Ltd., Indigrid Infrastructure Trust, HDFC Bank Limited**
Taxation
As it is a low 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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of SBI Magnum Low Duration Fund Direct Growth
To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Low Duration Fund Direct Growth has no lock in period.
Fund Manager
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Low Duration Fund Direct Growth, since 9 June 2008
- AUM of the fund stands at 14.6K Cr as of Apr'25
- AUM increased by 198.3 Cr between Apr'25 and Mar'25
More funds from SBI
1Y CAGR
▲ 12.97
5Y CAGR
▲ 6.50
1Y CAGR
▲ 11.75
5Y CAGR
▲ 7.32
5Y CAGR
▲ 7.06
Frequently Asked Questions for SBI Magnum Low Duration Fund Direct Growth
What is the current NAV of SBI Magnum Low Duration Fund Direct Growth?
What are the average returns of SBI Magnum Low Duration Fund Direct Growth?
SBI Magnum Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.34% | 8.34% |
3 Years Returns | 24.03% | 7.44% |
How do I invest in SBI Magnum Low Duration Fund Direct Growth?
- 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.
What is the expense ratio of SBI Magnum Low Duration Fund Direct Growth?
What is net assets under management (AUM) of SBI Magnum Low Duration Fund Direct Growth?
What are the top 5 holdings of SBI Magnum Low Duration Fund Direct Growth?
What are the top 3 sectors that this SBI Magnum Low Duration Fund Direct Growth has invested in?
What is the yield to maturity ratio of SBI Magnum Low Duration Fund Direct Growth?
What is the modified duration of SBI Magnum Low Duration Fund Direct Growth?
What is the credit rating breakup of SBI Magnum Low Duration Fund Direct Growth?
AAA | 92.88 |
AA | 7.12 |