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

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

19.337 (0.061%)

NAV on April 23, 2024

Category Fixed income:
Medium Duration

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 6,308 cr

Turnover Ratio

Expense Ratio 0.69%

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

Returns

1M: 0.46%
1Y: 7.42%
3M: 1.94%
3Y: 6.04%
6M: 4.03%
5Y: 7.98%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Rajeev Radhakrishnan (Since 6 months) Lokesh Mallya (Since 5 months) Mohit Jain (Since over 6 years) Pradeep Kesavan (Since 5 months)

ISIN INF200K01VA2

Fund Family SBI

Launch Date April 17, 2013

Benchmark Nifty Medium Duration Debt A-III TR INR

Avg. Maturity 4.93 years

Yield To Maturity (%) 8.08%

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.

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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Strategic Bond Fund Direct Growth Option	27.492	7.89%	1,980 cr	0.33%	Below Average
ICICI Prudential Medium Term Bond Fund Direct Plan Growth	44.045	7.49%	6,373 cr	0.74%	Low
SBI Magnum Medium Duration Fund Direct Growth	49.747	7.42%	6,308 cr	0.69%	Low