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

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

62.919 (-0.058%)

NAV on March 21, 2023

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,517 cr

Turnover Ratio 150.68%

Expense Ratio 0.80%

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

Returns

1M: 0.73%
1Y: 4.80%
3M: 1.46%
3Y: 6.85%
6M: 3.15%
5Y: 7.75%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since about 12 years) Mohit Jain (Since over 5 years)

ISIN INF200K01SR2

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium to Long Dur Debt TR INR

Avg. Maturity 8.38 years

Yield To Maturity (%) 7.87%

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
Nippon India Income Fund - Direct Plan - Growth Plan	82.825	5.99%	239 cr	0.58%	Average
ICICI Prudential Bond Fund Direct Plan Growth	34.931	5.22%	2,223 cr	—	Below Average
SBI Magnum Income Fund Direct Growth	62.919	4.80%	1,517 cr	0.80%	Low
Kotak Bond Direct Growth	70.837	4.13%	1,597 cr	0.63%	Average
Canara Robeco Income Fund Direct Plan Growth Option	52.022	3.94%	126 cr	0.75%	Below Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	112.872	3.49%	1,500 cr	0.49%	Average

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
UTI Bond Fund Direct Plan Growth	66.653	11.97%	286 cr	1.3%	High
Nippon India Income Fund - Direct Plan - Growth Plan	82.825	5.99%	239 cr	0.58%	Average
SBI Magnum Income Fund Direct Growth	62.919	4.80%	1,517 cr	0.8%	Low
Aditya Birla Sun Life Income Fund Direct Plan Growth	112.872	3.49%	1,500 cr	0.49%	Average