Fund Performance
Lumpsum
SIP
4.53
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,424 today.
NAV Performance
Fund Information
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₹ 3,025.553
as on 07 Jun 2023 -
Regular - Growth
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8 / 23
-
₹ 5,000
-
₹ 7,263 Cr.
as on 31 Mar 2023 -
0.95%
-
27 Jul 2007
-
CRISIL 10 Year Gilt Index
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SBI Mutual Fund
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Highlights of this fund
SBI Magnum Low Duration Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Jul 2007. This fund is offered by one of the top AMC (Assets Management Company) SBI Mutual Fund. You can also view here all other Debt funds offered by SBI Mutual Fund.
Latest NAV of the fund is ₹ 3,025.553 as on 07 Jun 2023.
This fund has 15 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.95%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.
List of Fund Managers of SBI Magnum Low Duration Fund
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About Rajeev Radhakrishnan
Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA.
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About Mohit Jain
Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.17% | 0.74% | 2.23% | 10.19% | 11.79% | 14.47% | 6.77% | 6.72% | 7.61% | 7.68% | 6.62% | 6.76% | 6.04% | 6.92% |
| Category Average | 0.14% | 0.62% | 1.91% | 3.63% | 5.90% | 4.87% | 4.11% | 5.09% | 6.52% | 6.85% | 5.47% | 5.02% | 5.26% | 6.04% |
| SBI Magnum Low Duration Fund | 0.15%₹ 10,014 | 0.66%₹ 10,066 | 2.11%₹ 10,211 | 3.50%₹ 10,350 | 6.20%₹ 10,619 | 6.78%₹ 12,434 | 4.51%₹ 10,922 | 5.35%₹ 25,346 | 4.53%₹ 11,424 | 4.78%₹ 38,717 | 5.98%₹ 13,369 | 5.23%₹ 68,480 | 7.05%₹ 19,762 | 6.28%₹ 1,65,712 |
| ICICI Prudential Savings Fund | 0.16%₹ 10,016 | 0.72%₹ 10,071 | 2.11%₹ 10,211 | 3.72%₹ 10,372 | 7.36%₹ 10,735 | 7.68%₹ 12,491 | 5.10%₹ 11,046 | 5.96%₹ 25,502 | 5.58%₹ 11,772 | 5.47%₹ 39,119 | 6.72%₹ 13,847 | 6.04%₹ 69,881 | 7.61%₹ 20,828 | 6.92%₹ 1,71,332 |
| HDFC Low Duration Fund | 0.17%₹ 10,016 | 0.70%₹ 10,069 | 2.11%₹ 10,211 | 3.57%₹ 10,356 | 6.55%₹ 10,654 | 6.99%₹ 12,448 | 4.72%₹ 10,966 | 5.51%₹ 25,387 | 5.30%₹ 11,679 | 5.10%₹ 38,903 | 6.27%₹ 13,555 | 5.64%₹ 69,190 | 6.91%₹ 19,518 | 6.38%₹ 1,66,564 |
| Axis Treasury Advantage Fund | 0.17%₹ 10,016 | 0.70%₹ 10,070 | 2.19%₹ 10,219 | 3.69%₹ 10,368 | 6.59%₹ 10,658 | 7.11%₹ 12,455 | 4.88%₹ 10,999 | 5.71%₹ 25,437 | 5.08%₹ 11,607 | 5.20%₹ 38,957 | 6.41%₹ 13,647 | 5.69%₹ 69,274 | 7.21%₹ 20,076 | 6.56%₹ 1,68,106 |
| Aditya Birla Sun Life Low Duration Fund | 0.16%₹ 10,016 | 0.74%₹ 10,073 | 2.10%₹ 10,210 | 3.52%₹ 10,351 | 6.34%₹ 10,633 | 6.79%₹ 12,435 | 4.66%₹ 10,954 | 5.47%₹ 25,377 | 5.05%₹ 11,597 | 5.01%₹ 38,850 | 6.27%₹ 13,552 | 5.55%₹ 69,039 | 7.07%₹ 19,816 | 6.43%₹ 1,66,965 |
| IDFC Low Duration Fund | 0.16%₹ 10,015 | 0.69%₹ 10,068 | 2.23%₹ 10,223 | 3.66%₹ 10,366 | 6.54%₹ 10,653 | 7.04%₹ 12,451 | 4.61%₹ 10,943 | 5.52%₹ 25,389 | 4.76%₹ 11,499 | 4.95%₹ 38,816 | 6.12%₹ 13,459 | 5.40%₹ 68,767 | 7.23%₹ 20,103 | 6.44%₹ 1,67,038 |
Portfolio Holdings
Top Debt Instrument Type holdings of SBI Magnum Low Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 35.74% | ₹ 2,596.41 Cr. |
| CP | 28.45% | ₹ 2,068.31 Cr. |
| CD | 18.90% | ₹ 1,373.08 Cr. |
| GOI | 10.36% | ₹ 753.69 Cr. |
| T-Bills | 4.99% | ₹ 363.29 Cr. |
| Others | 1.56% | - |
Top Debt Holdings of SBI Magnum Low Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 10.36% | ₹ 753.69 Cr. |
| Bond - HDFC Bank Ltd. | 6.27% | ₹ 455.39 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 5.88% | ₹ 427.20 Cr. |
| Bond - T-Bill | 4.99% | ₹ 363.29 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 4.98% | ₹ 361.44 Cr. |
| Others | 67.52% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.79% |
| Net Receivables | -1.23% |