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

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

59.724 (0.015%)

NAV on January 25, 2022

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,694 cr

Turnover Ratio 219.24%

Expense Ratio 0.80%

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

Returns

1M: -0.06%
1Y: 4.13%
3M: 0.29%
3Y: 9.50%
6M: 1.84%
5Y: 8.01%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since almost 11 years)

ISIN INF200K01SR2

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium to Long Dur Debt TR INR

Avg. Maturity 6.16 years

Yield To Maturity (%) 6.30%

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.

View Factsheet

Top Rated
Top Performing

Top Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Income Fund Direct Plan Growth	108.230	4.49%	3,119 cr	0.40%	Average
SBI Magnum Income Fund Direct Growth	59.724	4.13%	1,694 cr	0.80%	Low
ICICI Prudential Bond Fund Direct Plan Growth	33.036	3.15%	4,380 cr	0.56%	Below Average
Kotak Bond Direct Growth	67.688	3.09%	2,715 cr	0.74%	Average
Canara Robeco Income Fund Direct Plan Growth Option	49.755	2.88%	145 cr	0.76%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	78.153	2.62%	256 cr	0.58%	Average
Tata Income Fund Direct Plan Growth	71.681	2.60%	55 cr	1.28%	Below Average

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
UTI Bond Fund Direct Plan Growth	59.620	9.92%	289 cr	1.16%	High
Aditya Birla Sun Life Income Fund Direct Plan Growth	108.230	4.49%	3,119 cr	0.4%	Average
SBI Magnum Income Fund Direct Growth	59.724	4.13%	1,694 cr	0.8%	Low
Kotak Bond Direct Growth	67.688	3.09%	2,715 cr	0.74%	Average
Nippon India Income Fund - Direct Plan - Growth Plan	78.153	2.62%	256 cr	0.58%	Average