Item: SBI Magnum Income Fund Direct Quarterly Payout of Income Distribution cum capital withdrawal
Rating: 5
Author: Morningstar

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

21.122 (-0.021%)

NAV on December 20, 2024

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,863 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: 0.54%
1Y: 8.78%
3M: 1.38%
3Y: 6.72%
6M: 4.15%
5Y: 7.77%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Lokesh Mallya (Since about 1 year) Pradeep Kesavan (Since about 1 year) Adesh Sharma (Since about 1 year)

ISIN INF200K01YT6

Fund Family SBI

Launch Date March 19, 2013

Benchmark NIFTY Medium Long Dur Debt A-III TR INR

Avg. Maturity 13.01 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.

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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Kotak Bond Direct Growth	82.239	9.28%	2,084 cr	0.69%	Below Average
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SBI Magnum Income Fund Direct Growth	72.717	8.78%	1,863 cr	0.78%	Low