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

47.722 (0.069%)

NAV on September 20, 2023

Category Fixed income:
Medium Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 7,070 cr

Turnover Ratio

Expense Ratio 0.68%

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

Returns

1M: 0.73%
1Y: 7.86%
3M: 1.58%
3Y: 6.04%
6M: 4.34%
5Y: 8.31%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Dinesh Ahuja (Since about 12 years) Mohit Jain (Since almost 6 years)

ISIN INF200K01VB0

Fund Family SBI

Launch Date January 29, 2013

Benchmark Nifty Medium Duration Debt Index TR INR

Avg. Maturity 4.60 years

Yield To Maturity (%) 7.88%

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.

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Top Rated
Top Performing

Top Medium Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Magnum Medium Duration Fund Direct Growth	47.722	7.86%	7,070 cr	0.68%	Below Average
Axis Strategic Bond Fund Direct Growth Option	26.243	7.71%	1,975 cr	0.37%	Low
ICICI Prudential Medium Term Bond Fund Direct Plan Growth	42.210	7.56%	6,502 cr	0.74%	Low
HDFC Medium Term Debt Fund Direct Plan Growth Option	52.629	7.49%	4,316 cr	0.59%	Below Average