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- SBI Mutual Fund
- SBI Magnum Constant Maturity Fund (Growth)
Formerly SBI Magnum Gilt Short Term Reg Gr
SBI Magnum Constant Maturity Fund (Growth)
₹ 56.8746
NAV (Apr 23)
Gilt with 10 year constant duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 56.8746
NAV (Apr 23)
Fund Returns
Last 1Y | 6.6% |
Last 3Y | 4.8% |
Last 5Y | 7.1% |
Last 10Y | 8.4% |
Since Inception | 7.7% |
6 Month CAGR | 4.9% |
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.
Expense Ratio | 0.64 |
Launched (24y ago) | Dec 30, 2000 |
AUM in Crores | 1652.727 |
ISIN | INF200K01AN9 |
Lock-in | No Lock-in |
Benchmark | Nifty 10 yr BM G-Sec PR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.9 |
Standard Deviation (5yr) | 3.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.075 |
Sharpe Ratio (5yr) | 0.537 |
YTM | 7.23 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Magnum Constant Maturity Fund (Growth) | 8,69,819 | 1,37,207 | 7.1% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Debt Holdings
7.26% govt stock 2033
42.9%7.18% govt stock 2033
32.9%7.18% govt stock 2037
22.2%net receivable / payable
1.3%treps
0.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,293 cr | ||
₹ 4,923 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 4,555 cr |
About the AMC
SBI Funds Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 6.5% | ||
22.6% | 17.9% | ||
26.7% | 16.5% | ||
16.8% | 12.2% | ||
28.6% | 13.4% |
SBI Magnum Constant Maturity Fund (G) Review
SBI Magnum Constant Maturity Fund (G) is a Gilt With 10 Year Constant Duration Debt fund and has delivered an annualised return of 7.7% over a period of 23 years. The fund was previously known as SBI Magnum Gilt Short Term Reg Gr. The fund is managed by SBI Funds Management Ltd. The fund managers are Rajeev Radhakrishnan, Tejas Soman.
Nav of SBI Magnum Constant Maturity Fund (G) as of 4/23/2024 is ₹56.87 with the total AUM as of 4/24/2024 is ₹1652.727. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Constant Maturity Fund (G) was launched on Dec 30, 2000. The category risk of the fund is Moderately High risk.
The minimum SIP amount for SBI Magnum Constant Maturity Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
SBI Magnum Constant Maturity Fund (G) 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 Nifty 10 yr BM G-Sec PR INR.
SBI Magnum Constant Maturity Fund (G) is rated as a 3 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Constant Maturity Fund (G).
Frequently Asked Questions
What is SBI Magnum Constant Maturity Fund (G)?
How to invest in SBI Magnum Constant Maturity Fund (G)?
You can invest in SBI Magnum Constant Maturity Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of SBI Magnum Constant Maturity Fund (G)?
The minimum sip amount for SBI Magnum Constant Maturity Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Magnum Constant Maturity Fund (G) good to invest in?
As per Scripbox experts, SBI Magnum Constant Maturity Fund (G) is a Neutral fund. You can investSBI Magnum Constant Maturity Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the SBI Magnum Constant Maturity Fund (G)?
The expense ratio of the SBI Magnum Constant Maturity Fund (G) is 0.64% for regular plan.