- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Fund Information
-
As of 31 Aug 2023, fund size of SBI Magnum Income Fund is
1,712.91 Cr. -
SBI Magnum Income Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
1.46%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
SBI Magnum Income Fund is an
Debtoriented mutual fund in the
- Medium to Long Duration Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for SBI Magnum Income Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
25 Nov 1998as at present it is 26 years old fund.
-
Name of the AMC is
SBI Mutual Funds.
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know moreabout SBI Mutual Funds.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. SBI Magnum Income Fund managed by following fund manager(s);
Riskometer
How does the
Return Comparison of the SBI Magnum Income Fund fare against peer funds in the Medium to Long Duration fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by SBI Magnum Income Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Medium to Long Duration fund category these peer funds belongs to.
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.11% | 0.63% | 2.02% | 3.75% | 7.99% | 8.31% | 8.63% | 8.63% | 7.29% |
| Category Average | 0.03% | 0.41% | 1.63% | 3.08% | 7.26% | 7.51% | 6.09% | 5.87% | 6.20% |
| SBI Magnum Income Fund | 0.04% | 0.51% | 1.64% | 3.25% | 7.40% | - | - | - | - |
| UTI Bond Fund | 0.07% | 0.43% | 1.65% | 3.27% | 7.37% | 7.51% | 8.63% | 8.63% | 5.42% |
| ICICI Prudential Bond Fund | 0.10% | 0.63% | 1.84% | 3.75% | 7.99% | 8.31% | 6.78% | 6.40% | 7.27% |
| Nippon India Income Fund | -0.01% | 0.36% | 1.59% | 2.79% | 6.92% | 7.57% | 6.36% | 5.61% | 6.66% |
| LIC MF Bond Fund | 0.11% | 0.40% | 1.64% | 3.56% | 7.80% | 7.97% | 6.35% | 5.37% | 6.11% |
| SBI Magnum Income Fund | 0.04% | 0.51% | 1.64% | 3.25% | 7.40% | - | - | - | - |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of SBI Magnum Income Fund are shown below;
Equity -
Debt 90.19%
Others 9.81%
Top Holdings
| Name of the Instrument | Holding Percentage |
|---|---|
| GOVERNMENT OF INDIA 31568 GOI 18AP29 7.10 FV RS 100 | 14.21% |
| GOVERNMENT OF INDIA 32410 GOI 19DC36 7.41 FV RS 100 | 9.05% |
| LARSEN AND TOUBRO LIMITED SR III 7.33 NCD 09DC24 FVRS1LAC | 4.45% |
| GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100 | 4.44% |
| TORRENT POWER LIMITED SR 11 TR 11D 8.5 NCD 07JU31 FVRS1LAC | 4.41% |
| Others | 63.44% |
Allocation by Instruments
| Type of the Instrument | Holding Percentage |
|---|---|
| GOVERNMENT SECURITIES | 38.57% |
| DEBENTURE | 40.31% |
| BOND | 11.31% |
Portfolio Holdings shown is as of 31 Aug 2023