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SBI Magnum Low Duration Fund

SBI Magnum Low Duration Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.62

as on 24 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,123 today.

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NAV Performance

SBI Magnum Low Duration Fund performance graph for last 3 years
Performance of SBI Magnum Low Duration Fund for last 3 Years

Fund Information

  • ₹ 2,800.537

    as on 24 Sep 2021
  • Regular - Growth

  • 7 / 23

  • ₹ 5,000

  • ₹ 13,167 Cr.

    as on 24 Sep 2021
  • 0.95%

    since 31 May 2021
  • 27 Jul 2007

  • Debt - Low Duration Fund

  • CRISIL 10 Year Gilt Index

  • SBI mutual fund

    Show All Funds

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 ₹ 2,800.537 as on 24 Sep 2021.

This fund has 14 years of track record. Since 31 May 2021 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

  • About Rajeev Radhakrishnan

    Picture of Rajeev RadhakrishnanRajeev 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.

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 4.25% 4.45% 5.12% 6.03% 7.80% 7.45% 7.64% 7.41% 8.39% 11.41% 8.37% 6.92% 7.22% 7.90%
Category Average 0.30% 0.54% 1.30% 2.43% 4.29% 5.01% 4.80% 5.66% 6.91% 4.63% 5.34% 5.07% 5.24% 6.34%
SBI Magnum Low Duration Fund 0.01%₹ 10,000 0.23%₹ 10,023 0.96%₹ 10,095 1.94%₹ 10,193 3.84%₹ 10,384 3.60%₹ 12,232 5.58%₹ 11,148 4.65%₹ 25,173 6.62%₹ 12,123 5.54%₹ 39,164 6.71%₹ 13,840 6.26%₹ 70,294 7.84%₹ 21,286 7.22%₹ 1,74,011
ICICI Prudential Savings Fund 0.03%₹ 10,002 0.41%₹ 10,041 1.41%₹ 10,141 2.81%₹ 10,281 5.45%₹ 10,544 5.15%₹ 12,332 7.00%₹ 11,450 6.27%₹ 25,585 7.64%₹ 12,474 6.92%₹ 39,980 7.41%₹ 14,304 7.22%₹ 72,011 8.39%₹ 22,403 7.90%₹ 1,80,415
HDFC Low Duration Fund -0.03%₹ 9,996 0.25%₹ 10,025 1.08%₹ 10,108 2.40%₹ 10,240 4.99%₹ 10,499 4.46%₹ 12,288 6.45%₹ 11,333 5.75%₹ 25,453 7.10%₹ 12,288 6.38%₹ 39,660 6.81%₹ 13,905 6.64%₹ 70,967 7.59%₹ 20,798 7.19%₹ 1,73,771
Aditya Birla Sun Life Low Duration Fund 0.03%₹ 10,002 0.26%₹ 10,025 1.02%₹ 10,102 2.27%₹ 10,226 4.39%₹ 10,439 4.13%₹ 12,267 6.20%₹ 11,280 5.37%₹ 25,358 7.04%₹ 12,266 6.14%₹ 39,518 6.83%₹ 13,916 6.60%₹ 70,890 7.79%₹ 21,199 7.30%₹ 1,74,801
Axis Treasury Advantage Fund 0.02%₹ 10,001 0.29%₹ 10,028 1.07%₹ 10,107 2.25%₹ 10,224 4.40%₹ 10,440 4.18%₹ 12,270 6.13%₹ 11,266 5.28%₹ 25,334 7.15%₹ 12,302 6.13%₹ 39,516 6.95%₹ 13,996 6.69%₹ 71,049 7.98%₹ 21,571 7.41%₹ 1,75,832
Kotak Low Duration Fund Standard 0.02%₹ 10,002 0.34%₹ 10,034 1.15%₹ 10,114 2.36%₹ 10,235 4.43%₹ 10,442 4.24%₹ 12,274 6.49%₹ 11,342 5.51%₹ 25,392 7.14%₹ 12,301 6.28%₹ 39,600 7.14%₹ 14,120 6.77%₹ 71,201 - -

Portfolio Holdings

Portfolio holdings pattern of SBI Magnum Low Duration Fund as on 27 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    93.12%
  • Others Holdings:

    6.88%

Top Debt Instrument Type holdings of SBI Magnum Low Duration Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 30.10% ₹ 3,964.27 Cr.
GOI 22.30% ₹ 2,935.40 Cr.
CP 19.48% ₹ 2,562.94 Cr.
T-Bills 11.97% ₹ 1,576.07 Cr.
CD 7.58% ₹ 998.25 Cr.
Others 8.57% -

Top Debt Holdings of SBI Magnum Low Duration Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 22.30% ₹ 2,935.40 Cr.
Bond - T-Bill 11.97% ₹ 1,576.07 Cr.
Bond - Axis Bank Ltd. 4.80% ₹ 631.10 Cr.
Bond - Housing Development Finance Corporation Ltd. 4.74% ₹ 624.84 Cr.
Bond - Tata Motors Finance Ltd. 4.08% ₹ 537.15 Cr.
Others 52.11%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.39%
Net Receivables 1.49%