- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Performance
Monthly SIP of ₹ for
Below table shows comparison of SBI Magnum Low Duration Fund with respect to the investments in Fixed Deposit and Gold for the
Total investment of
₹36,000 over the period of 3 years.
Total Value | Gain | Return % | |
---|---|---|---|
Bank FD | 39,824 |
3,824 |
6.5% |
Gold | 40,770 |
4,770 |
8.00% |
Fund Information
-
10,271.23 Cr.
-
SBI Magnum Low Duration Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
1.02%. 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 Low Duration Fund is an
Debtoriented mutual fund in the
- Low Duration Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for SBI Magnum Low Duration 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
01 Jul 2007as at present it is 17 years old fund.
-
Name of the AMC is
SBI Mutual Fund.
Click here to
know moreabout SBI Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. SBI Magnum Low Duration Fund managed by following fund manager(s);
How does the
Return Comparison of the SBI Magnum Low Duration Fund fare against peer funds in the Low 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 Low Duration Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Low 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 | 0.48% | 1.13% | 5.90% | 5.90% | 7.68% | 6.57% | 6.71% | 6.80% | 7.59% |
Category Average | 0.30% | 0.79% | 4.17% | 4.64% | 6.65% | 5.09% | 4.86% | 5.62% | 6.87% |
SBI Magnum Low Duration Fund | 0.11% | 0.54% | 1.75% | 3.61% | 7.38% | - | - | - | - |
UTI Treasury Advantage Fund | 0.14% | 0.61% | 1.89% | 3.89% | 7.81% | 7.42% | 6.36% | 7.07% | 6.27% |
HDFC Low Duration Fund | 0.11% | 0.53% | 1.78% | 3.66% | 7.50% | 7.21% | 6.08% | 6.06% | 6.74% |
Axis Treasury Advantage Fund | 0.13% | 0.62% | 1.92% | 3.82% | 7.79% | 7.34% | 6.28% | 6.00% | 6.94% |
ICICI Prudential Savings Fund | 0.13% | 0.57% | 1.92% | 3.92% | 8.05% | 7.76% | 6.56% | 6.47% | 7.33% |
Nippon India Low Duration Fund | 0.14% | 0.60% | 1.90% | 3.71% | 7.51% | 7.06% | 6.01% | 5.93% | 6.76% |
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 Low Duration Fund are shown below;
Equity -
Debt 96.82%
Others 3.18%
Top Holdings
Name of the Instrument | Holding Percentage |
---|---|
GOVERNMENT OF INDIA 30814 GOI FRB 04OT28 FV RS 100 | 9.59% |
NATIONAL HOUSING BANK 7.77 BD 02AP26 FVRS1LAC | 3.89% |
L&T METRO RAIL (HYDERABAD) LIMITED SR A 6.37 NCD 30AP25 FVRS10LAC | 3.58% |
LIC HOUSING FINANCE LIMITED TR 402 5.5315 LOA 20DC24 FVRS10LAC | 3.10% |
EXPORT IMPORT BANK OF INDIA 364D CP 22MAR24 | 2.89% |
Others | 76.95% |
Allocation by Instruments
Type of the Instrument | Holding Percentage |
---|---|
GOVERNMENT SECURITIES | 17.15% |
BOND | 15.82% |
DEBENTURE | 28.23% |
COMMERCIAL PAPER | 7.68% |
CERTIFICATE OF DEPOSIT | 6.21% |
Portfolio Holdings shown is as of 31 Jan 2024
Riskometer
Investors understand that their
principal
will be at Moderate risk