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

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

20.911 (-0.195%)

NAV on October 03, 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: 1.46%
1Y: 9.65%
3M: 3.19%
3Y: 6.61%
6M: 5.17%
5Y: 8.03%

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 INF200K01YT6

Fund Family SBI

Launch Date March 19, 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Top Rated
Top Performing

Top Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Bond Direct Growth	81.572	10.75%	2,178 cr	0.69%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	95.093	10.43%	417 cr	0.67%	Below Average
ICICI Prudential Bond Fund Direct Plan Growth	39.987	9.69%	2,952 cr	0.62%	Low
SBI Magnum Income Fund Direct Growth	71.991	9.65%	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	81.572	10.75%	2,178 cr	0.69%	Below Average
Nippon India Income Fund - Direct Plan - Growth Plan	95.093	10.43%	417 cr	0.67%	Below Average
HDFC Income Fund -Direct Plan - Growth Option	60.919	10.32%	853 cr	0.8%	Average
HSBC Medium to Long Duration Fund - Direct Growth	44.418	10.11%	47 cr	0.67%	Average
Bandhan Bond Fund - Income Plan - Direct Plan - Growth	67.871	9.97%	478 cr	1.32%	Above Average
LIC MF Medium to Long Duration Fund-Direct Plan Growth Option	73.057	9.89%	174 cr	0.21%	Below Average
SBI Magnum Income Fund Direct Growth	71.991	9.65%	1,792 cr	0.78%	Low