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

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

17.223 (0.074%)

NAV on May 18, 2022

Category Fixed income:
Medium to Long Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 1,632 cr

Turnover Ratio 219.24%

Expense Ratio 0.80%

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

Returns

1M: -0.55%
1Y: 2.26%
3M: -1.22%
3Y: 8.25%
6M: -0.74%
5Y: 6.49%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since over 11 years)

ISIN INF200K01YT6

Fund Family SBI

Launch Date March 19, 2013

Benchmark CRISIL Medium to Long Duration Fd TR INR

Avg. Maturity 6.38 years

Yield To Maturity (%) 6.68%

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	67.017	2.32%	1,653 cr	0.58%	Average
SBI Magnum Income Fund Direct Growth	59.293	2.26%	1,632 cr	0.80%	Low
Aditya Birla Sun Life Income Fund Direct Plan Growth	107.070	2.13%	1,566 cr	0.50%	Average
Nippon India Income Fund - Direct Plan - Growth Plan	77.969	1.91%	229 cr	0.58%	Average
ICICI Prudential Bond Fund Direct Plan Growth	32.853	1.33%	2,707 cr	0.56%	Below Average
Canara Robeco Income Fund Direct Plan Growth Option	49.406	0.94%	128 cr	0.76%	Below Average
IDFC Bond Fund - Income Plan - Direct Plan - Growth	57.082	0.09%	558 cr	1.31%	Average

Best Medium To Long Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
UTI Bond Fund Direct Plan Growth	63.518	16.43%	283 cr	1.37%	High
Kotak Bond Direct Growth	67.017	2.32%	1,653 cr	0.58%	Average
SBI Magnum Income Fund Direct Growth	59.293	2.26%	1,632 cr	0.8%	Low
Aditya Birla Sun Life Income Fund Direct Plan Growth	107.070	2.13%	1,566 cr	0.5%	Average
Nippon India Income Fund - Direct Plan - Growth Plan	77.969	1.91%	229 cr	0.58%	Average
ICICI Prudential Bond Fund Direct Plan Growth	32.853	1.33%	2,707 cr	0.56%	Below Average