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

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

74.659 (0.155%)

NAV on March 28, 2025

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,905 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: 1.51%
1Y: 8.90%
3M: 2.63%
3Y: 7.54%
6M: 3.81%
5Y: 7.24%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Lokesh Mallya (Since over 1 year) Adesh Sharma (Since over 1 year)

ISIN INF200K01SR2

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium Long Dur Debt TR INR

Avg. Maturity 9.72 years

Yield To Maturity (%) 7.58%

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
ICICI Prudential Bond Fund Direct Plan Growth	41.735	9.39%	2,928 cr	0.62%	Low
Nippon India Income Fund - Direct Plan - Growth Plan	98.737	9.22%	417 cr	0.67%	Below Average
Kotak Bond Direct Growth	84.497	9.06%	2,040 cr	0.70%	Below Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	133.195	9.06%	2,221 cr	0.74%	Below Average
SBI Magnum Income Fund Direct Growth	74.659	8.90%	1,905 cr	0.77%	Low

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Bond Fund Direct Plan Growth	41.735	9.39%	2,928 cr	0.62%	Low
HSBC Medium to Long Duration Fund - Direct Growth	46.162	9.26%	49 cr	0.66%	Average
Nippon India Income Fund - Direct Plan - Growth Plan	98.737	9.22%	417 cr	0.67%	Below Average
HDFC Income Fund -Direct Plan - Growth Option	63.224	9.17%	875 cr	0.8%	Average
UTI Medium to Long Duration Fund Direct Plan Growth	78.417	8.86%	312 cr	1.17%	High