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

16.896 (0.078%)

NAV on October 25, 2021

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,716 cr

Turnover Ratio 219.24%

Expense Ratio 0.81%

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

Returns

1M: 0.03%
1Y: 5.10%
3M: 1.55%
3Y: 9.79%
6M: 3.12%
5Y: 7.08%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since over 10 years)

ISIN INF200K01SQ4

Fund Family SBI

Launch Date January 01, 2013

Benchmark CRISIL Medium to Long Term Debt TR INR

Avg. Maturity 7.04 years

Yield To Maturity (%) 6.11%

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.

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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	107.589	5.11%	3,212 cr	0.40%	Average
SBI Magnum Income Fund Direct Growth	59.549	5.10%	1,716 cr	0.81%	Low
ICICI Prudential Bond Fund Direct Plan Growth	33.039	4.05%	2,670 cr	0.56%	Below Average
Tata Income Fund Direct Plan Growth	71.611	3.48%	58 cr	1.28%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	78.105	3.48%	273 cr	0.58%	Average
Canara Robeco Income Fund Direct Plan Growth Option	49.636	3.43%	147 cr	0.81%	Below Average
IDFC Bond Fund - Income Plan - Direct Plan - Growth	58.009	2.67%	662 cr	1.32%	Average

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
UTI Bond Fund Direct Plan Growth	59.661	10.66%	294 cr	1.3%	High
Kotak Bond Direct Growth	67.452	5.14%	2,903 cr	0.74%	Average
Aditya Birla Sun Life Income Fund Direct Plan Growth	107.589	5.11%	3,212 cr	0.4%	Average
SBI Magnum Income Fund Direct Growth	59.549	5.10%	1,716 cr	0.81%	Low
ICICI Prudential Bond Fund Direct Plan Growth	33.039	4.05%	2,670 cr	0.56%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	78.105	3.48%	273 cr	0.58%	Average
IDFC Bond Fund - Income Plan - Direct Plan - Growth	58.009	2.67%	662 cr	1.32%	Average