Item: SBI Magnum Income Fund Direct Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › SBI Mutual Fund › SBI Magnum Income Fund Direct Growth

73.590 (-0.017%)

NAV on February 21, 2025

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,890 cr

Turnover Ratio 331.24%

Expense Ratio 0.77%

Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years

Returns

1M: 0.57%
1Y: 8.13%
3M: 1.81%
3Y: 7.03%
6M: 3.60%
5Y: 6.98%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Lokesh Mallya (Since about 1 year) Pradeep Kesavan (Since about 1 year) Adesh Sharma (Since about 1 year)

ISIN INF200K01SR2

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium Long Dur Debt A-III TR INR

Avg. Maturity 9.58 years

Yield To Maturity (%) 7.59%

INVESTMENT OBJECTIVE

To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Bond Fund Direct Plan Growth	41.045	8.41%	2,909 cr	0.62%	Low
SBI Magnum Income Fund Direct Growth	73.590	8.13%	1,890 cr	0.77%	Low
Kotak Bond Direct Growth	83.045	8.08%	2,088 cr	0.70%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	96.834	7.86%	401 cr	0.67%	Below Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	130.732	7.77%	2,212 cr	0.74%	Below Average