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

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

71.249 (0.055%)

NAV on September 09, 2024

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,792 cr

Turnover Ratio 331.24%

Expense Ratio 0.78%

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

Returns

1M: 0.71%
1Y: 8.61%
3M: 2.62%
3Y: 6.27%
6M: 4.32%
5Y: 7.62%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Lokesh Mallya (Since 10 months) Pradeep Kesavan (Since 10 months) Adesh Sharma (Since 10 months)

ISIN INF200K01SR2

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium Long Dur Debt A-III TR INR

Avg. Maturity 10.64 years

Yield To Maturity (%) 7.77%

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
Kotak Bond Direct Growth	80.716	9.65%	2,155 cr	0.69%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	94.126	9.22%	357 cr	0.67%	Below Average
ICICI Prudential Bond Fund Direct Plan Growth	39.619	8.93%	2,937 cr	0.62%	Low
SBI Magnum Income Fund Direct Growth	71.249	8.61%	1,792 cr	0.78%	Low

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Kotak Bond Direct Growth	80.716	9.65%	2,155 cr	0.69%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	94.126	9.22%	357 cr	0.67%	Below Average
HDFC Income Fund -Direct Plan - Growth Option	60.267	9.07%	842 cr	0.8%	Average
LIC MF Medium to Long Duration Fund-Direct Plan Growth Option	72.356	9.06%	172 cr	0.21%	Below Average
ICICI Prudential Bond Fund Direct Plan Growth	39.619	8.93%	2,937 cr	0.62%	Low
UTI Medium to Long Duration Fund Direct Plan Growth	74.882	8.20%	301 cr	1.25%	High