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Home Mutual FundsDebtLow Duration FundSBI Magnum Low Duration Fund

SBI Magnum Low Duration Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Low Duration Fund category.

The NAV for SBI Magnum Low Duration Fund Fund is 3,391.833 as of 20 Feb 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 6.14% annualized return for the last 3 years.

SBI Magnum Low Duration Fund has 2 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, fund size of SBI Magnum Low Duration Fund is 10,271.23 Cr.

  • SBI Magnum Low Duration Fund shown here is of Growth plan.

  • 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 Debt oriented mutual fund in the - Low Duration Fund category.

  • 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 2007 as at present it is 18 years old fund.

  • Name of the AMC is SBI Mutual Funds. Click here to know more about 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 Low Duration Fund managed by following fund manager(s);

Riskometer

Investors understand that their principal
will be at Moderate risk

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 0.13% 0.63% 1.73% 3.71% 7.91% 7.82% 6.94% 7.05% 7.31%
Category Average 0.12% 0.57% 1.60% 3.40% 7.13% 6.97% 6.16% 5.57% 6.64%
SBI Magnum Low Duration Fund 0.12% 0.57% 1.60% 3.40% 7.22% - - - -
ICICI Prudential Savings Fund 0.12% 0.62% 1.70% 3.70% 7.91% 7.82% 6.94% 6.41% 7.31%
UTI Treasury Advantage Fund 0.12% 0.61% 1.72% 3.71% 7.61% 7.44% 6.55% 7.05% 6.23%
Axis Treasury Advantage Fund 0.12% 0.61% 1.73% 3.65% 7.64% 7.40% 6.49% 5.99% 6.92%
HDFC Low Duration Fund 0.12% 0.58% 1.59% 3.43% 7.38% 7.26% 6.32% 6.01% 6.73%
DSP Low Duration Fund 0.13% 0.62% 1.69% 3.54% 7.42% 7.22% 6.30% 5.69% -

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 94.70%

Others 5.30%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 30814 GOI FRB 04OT28 FV RS 100 4.58%
INDIAN BANK CD 05FEB24 4.41%
STATE BANK OF INDIA SERIES I 8.9 BD 02NV28 FVRS10LAC 3.69%
INDIA GRID TRUST SR T RR NCD 26AG24 FVRS1LAC LOA UPTO 23AG23 3.53%
EXPORT IMPORT BANK OF INDIA 364D CP 22MAR24 2.91%
Others 80.88%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 9.84%
CERTIFICATE OF DEPOSIT 16.21%
BOND 13.35%
DEBENTURE 27.04%
COMMERCIAL PAPER 20.77%
TREASURY BILLS 7.16%

Portfolio Holdings shown is as of 31 Aug 2023