Formerly SBI Magnum Gilt Short Term Reg Gr
₹ 48.6045
NAV (Mar 05)
Neutral
However, Scripbox does not recommend investing in gilt with 10 year constant duration mutual funds.
Gilt Funds with 10 year constant duration are mandated to invest a minimum of 80% of their total assets in Government Securities such that the duration of the portfolio is equal to 10 years.
Funds in the category are exposed to very high variations when interest rates change.On the other hand,such a strategy results in a very high credit quality of the fund.This is the smallest category(less than 0.1 % of the total debt fund assets) with very few funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk and high volatility.
Track Record
21 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
881 Cr. Medium within the category
Impact of Interest Rate Changes
Highest Interest Rate Risk. The impact on fund value is very high when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
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Scheme Information
To provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
0.63 %
Expense Ratio
Dec 30, 2000
Launched (21y ago)
₹ 881
AUM in Crores
INF200K01AN9
ISIN
No Lock-in
Lock-in
CRISIL 10-Yr Gilt Index
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
SBI Funds Management Private Limited
SBI Funds Management Private Limited manages assets worth 363,720 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,227 debt and 54 hybrid funds.
Ultra Short
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Fund Size
7%
3Y returns
Ultra Short
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₹ 11,019 Cr
Fund Size
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3Y returns
Ultra Short
Top Ranked
₹ 11,019 Cr
Fund Size
5.5%
3Y returns
Ultra Short
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₹ 11,019 Cr
Fund Size
5.3%
3Y returns
Diversified
Top Ranked
₹ 12,519 Cr
Fund Size
13.1%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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SBI Magnum Constant Maturity Fund (G) is a gilt with 10 year constant duration debt fund and has delivered an annualised return of 8.2% over a period of 21 years .The fund was previously known as SBI Magnum Gilt Short Term Reg Gr.The fund is managed by SBI Funds Management Private Limited.The fund managers are Dinesh Ahuja, Mahak Khabhia
To provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years. However, there is no assurance that the objective of the scheme will be realized.
The SBI Magnum Constant Maturity Fund (G) fund was launched on Dec 30, 2000. The NAV (Net Asset Value) of this gilt with 10 year constant duration debt as of 2021-03-05 is ₹ 48.6045. The total AUM (Asset Under Management) of the fund as of 2021-03-08 is ₹ 880.670. The category risk of the SBI Magnum Constant Maturity Fund (G) fund is Moderately High Risk. The fund charges 0.63 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 95.3% in this asset class. The top three holdings of the fund are 7.26% govt stock 2029,6.19% govt stock 2034 and 5.77% goi 2030
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL 10-Yr Gilt Index.
SBI Magnum Constant Maturity Fund (G) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, SBI Magnum Constant Maturity Fund (G) has a score of 3 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.