Fund Performance
Lumpsum
SIP
4.57
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,436 today.
NAV Performance
Fund Information
-
₹ 5,165.492
as on 07 Jun 2023 -
Regular - Growth
-
4 / 25
-
₹ 5,000
-
₹ 8,970 Cr.
as on 31 Mar 2023 -
0.54%
-
21 May 1999
-
CRISIL 10 Year Gilt Index
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SBI Mutual Fund
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Highlights of this fund
SBI Magnum Ultra Short Duration Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short 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 21 May 1999. 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 ₹ 5,165.492 as on 07 Jun 2023.
This fund has 24 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.54%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
Fund Objective
To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.
List of Fund Managers of SBI Magnum Ultra Short Duration Fund
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About R.Arun
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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% | 0.73% | 4.53% | 6.41% | 6.85% | 6.71% | 6.23% | 6.90% | 7.52% | 7.21% | 5.97% | 6.06% | 5.75% | 6.78% |
| Category Average | 0.13% | 0.59% | 1.85% | 3.23% | 5.61% | 4.55% | 4.53% | 5.53% | 6.72% | 6.56% | 5.42% | 4.92% | 5.11% | 5.94% |
| SBI Magnum Ultra Short Duration Fund | 0.16%₹ 10,015 | 0.68%₹ 10,067 | 2.02%₹ 10,201 | 3.57%₹ 10,356 | 6.36%₹ 10,635 | 6.82%₹ 12,436 | 4.77%₹ 10,976 | 5.57%₹ 25,402 | 4.57%₹ 11,436 | 4.98%₹ 38,830 | 5.90%₹ 13,321 | 5.24%₹ 68,492 | 6.97%₹ 19,618 | 6.21%₹ 1,65,104 |
| HDFC Ultra Short Term Fund | 0.15%₹ 10,015 | 0.69%₹ 10,068 | 2.02%₹ 10,201 | 3.52%₹ 10,352 | 6.31%₹ 10,630 | 6.81%₹ 12,436 | 4.79%₹ 10,981 | 5.58%₹ 25,407 | 4.77%₹ 11,502 | 5.05%₹ 38,871 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.15%₹ 10,015 | 0.69%₹ 10,069 | 2.01%₹ 10,201 | 3.55%₹ 10,355 | 6.32%₹ 10,632 | 6.82%₹ 12,437 | 4.93%₹ 11,009 | 5.65%₹ 25,424 | 5.14%₹ 11,624 | 5.22%₹ 38,971 | 6.24%₹ 13,536 | 5.60%₹ 69,114 | 7.19%₹ 20,034 | 6.78%₹ 1,70,057 |
| Aditya Birla Sun Life Savings Fund | 0.17%₹ 10,016 | 0.73%₹ 10,073 | 2.04%₹ 10,204 | 3.64%₹ 10,363 | 6.55%₹ 10,654 | 7.01%₹ 12,448 | 5.10%₹ 11,045 | 5.84%₹ 25,470 | 5.23%₹ 11,655 | 5.36%₹ 39,052 | 6.42%₹ 13,650 | 5.75%₹ 69,386 | 7.52%₹ 20,657 | 6.76%₹ 1,69,882 |
| Kotak Savings Fund | 0.16%₹ 10,015 | 0.67%₹ 10,066 | 2.00%₹ 10,200 | 3.53%₹ 10,353 | 6.23%₹ 10,623 | 6.73%₹ 12,431 | 4.71%₹ 10,963 | 5.53%₹ 25,392 | 4.52%₹ 11,421 | 4.92%₹ 38,799 | 5.77%₹ 13,242 | 5.16%₹ 68,363 | 6.93%₹ 19,555 | 6.17%₹ 1,64,739 |
| Axis Ultra Short Term Fund | 0.14%₹ 10,014 | 0.64%₹ 10,064 | 1.92%₹ 10,191 | 3.37%₹ 10,337 | 5.96%₹ 10,595 | 6.44%₹ 12,412 | 4.42%₹ 10,902 | 5.23%₹ 25,316 | 4.33%₹ 11,358 | 4.69%₹ 38,660 | - | - | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of SBI Magnum Ultra Short Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 33.56% | ₹ 3,011.39 Cr. |
| CD | 23.89% | ₹ 2,143.82 Cr. |
| NCD & Bonds | 14.30% | ₹ 1,282.89 Cr. |
| T-Bills | 13.16% | ₹ 1,180.40 Cr. |
| GOI | 6.30% | ₹ 565.24 Cr. |
| Others | 8.79% | - |
Top Debt Holdings of SBI Magnum Ultra Short Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 13.16% | ₹ 1,180.40 Cr. |
| Bond - Govt of India | 6.30% | ₹ 565.24 Cr. |
| Bond - L&T Metro Rail (Hyderabad) Ltd. | 5.50% | ₹ 493.81 Cr. |
| Bond - LIC Housing Finance Ltd. | 4.74% | ₹ 425.39 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 4.43% | ₹ 397.78 Cr. |
| Others | 65.87% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 16.73% |
| Net Receivables | -7.94% |