Item: SBI Magnum Medium Duration Fund Direct Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › SBI Mutual Fund › SBI Magnum Medium Duration Fund Direct Growth

42.987 (-0.080%)

NAV on September 24, 2021

Category Fixed income:
Medium Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 9,756 cr

Turnover Ratio 97.28%

Expense Ratio 0.68%

Exit Load 1.50%if redeemed within
12 Months0.00%if redeemed after 12 Months

Returns

1M: 0.62%
1Y: 7.17%
3M: 1.73%
3Y: 10.39%
6M: 3.91%
5Y: 9.44%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since about 10 years)

ISIN INF200K01VB0

Fund Family SBI

Launch Date January 29, 2013

Benchmark Nifty Medium Duration Debt Index TR INR

Avg. Maturity 3.39 years

Yield To Maturity (%) 5.67%

INVESTMENT OBJECTIVE

To provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Medium Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
L&T Resurgent India Bond Fund Direct Growth	17.278	8.89%	835 cr	0.60%	Average
Kotak Medium Term Direct Growth	19.323	8.63%	2,860 cr	0.57%	Average
HDFC Medium Term Debt Fund Direct Plan Growth Option	47.631	8.59%	3,957 cr	0.59%	Below Average
ICICI Prudential Medium Term Bond Fund Direct Plan Growth	37.733	8.48%	7,019 cr	0.75%	Below Average
Axis Strategic Bond Fund Direct Growth Option	23.453	8.20%	1,640 cr	0.39%	Below Average
SBI Magnum Medium Duration Fund Direct Growth	42.987	7.17%	9,756 cr	0.68%	Low
IDFC Bond Fund - Medium Term Plan - Direct Plan - Growth	39.850	5.34%	4,040 cr	0.76%	Below Average

Best Medium Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Strategic Debt Fund Direct Plan Growth Option	13.231	21.40%	272 cr	1.43%	High
Aditya Birla Sun Life Medium Term Plan Direct Plan Growth	26.480	9.13%	1,646 cr	0.94%	Above Average
L&T Resurgent India Bond Fund Direct Growth	17.278	8.89%	835 cr	0.6%	Average
HDFC Medium Term Debt Fund Direct Plan Growth Option	47.631	8.59%	3,957 cr	0.59%	Below Average
ICICI Prudential Medium Term Bond Fund Direct Plan Growth	37.733	8.48%	7,019 cr	0.75%	Below Average
SBI Magnum Medium Duration Fund Direct Growth	42.987	7.17%	9,756 cr	0.68%	Low