Item: SBI Magnum Income Fund Direct Payout of Income Distribution cum capital withdrawal
Rating: 4
Author: Morningstar

Home › Mutual Funds › SBI Mutual Fund › SBI Magnum Income Fund Direct Payout of Income Distribution cum capital withdrawal

20.433 (-0.026%)

NAV on October 11, 2024

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,796 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: 0.87%
1Y: 9.59%
3M: 2.75%
3Y: 6.63%
6M: 5.16%
5Y: 7.82%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Lokesh Mallya (Since 11 months) Pradeep Kesavan (Since 11 months) Adesh Sharma (Since 11 months)

ISIN INF200K01SQ4

Fund Family SBI

Launch Date January 01, 2013

Benchmark NIFTY Medium Long Dur Debt A-III TR INR

Avg. Maturity 11.79 years

Yield To Maturity (%) 7.63%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

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	81.533	10.96%	2,171 cr	0.69%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	95.036	10.53%	427 cr	0.67%	Below Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	128.400	10.13%	2,045 cr	0.74%	Below Average
ICICI Prudential Bond Fund Direct Plan Growth	40.043	9.92%	2,960 cr	0.62%	Low
SBI Magnum Income Fund Direct Growth	72.016	9.59%	1,796 cr	0.78%	Low

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Kotak Bond Direct Growth	81.533	10.96%	2,171 cr	0.69%	Below Average
LIC MF Medium to Long Duration Fund-Direct Plan Growth Option	73.222	10.74%	174 cr	0.21%	Below Average
HDFC Income Fund -Direct Plan - Growth Option	60.879	10.57%	853 cr	0.8%	Average
Nippon India Income Fund - Direct Plan - Growth Plan	95.036	10.53%	427 cr	0.67%	Below Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	128.400	10.13%	2,045 cr	0.74%	Below Average
ICICI Prudential Bond Fund Direct Plan Growth	40.043	9.92%	2,960 cr	0.62%	Low
UTI Medium to Long Duration Fund Direct Plan Growth	75.586	9.66%	307 cr	1.25%	High