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    • SBI Magnum Constant Maturity Fund (Growth)

    Formerly SBI Magnum Gilt Short Term Reg Gr

    SBI Mutual Fund

    SBI Magnum Constant Maturity Fund (Growth)

    DebtGilt With 10 Year Constant Duration

    51.1689

    NAV (Sep 23)

    11%
    3 Year CAGR
    Scripbox Opinion

    Neutral

    Click here for top ranked funds in gilt with 10 year constant duration mutual funds.

    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.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    21 Years. The fund has an Extended history for analysis and the track record is excellent.

    Relative Size

    814 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

    Invest in this fund
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    Short Term Money

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    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
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      No Lock-in
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    Historical NAV

    51.1689

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    5.4%
    Last 3Y
    11%
    Last 5Y
    9.3%
    Last 10Y
    9.7%
    Since Inception
    8.2%
    6 Month CAGR
    4.4%
    info-icon-blue

    Scheme Information

    Investment Objective

    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

    risk-indicator-arrow.svg

    Moderate Risk

    Expense Ratio
    0.63
    Launched (21y ago)
    Dec 30, 2000
    AUM in Crores
    813.675
    ISIN
    INF200K01AN9
    Lock-in
    No Lock-in
    Benchmark
    CRISIL 10-Yr Gilt TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Dinesh Ahuja

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    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.

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    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
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    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    SBI Funds Management Private Limited

    SBI Funds Management Private Limited manages assets worth 438,987 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.

    amc-img

    Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    21.7%

    20.5%

    recommended-badge

    6.3%

    7.2%

    top-ranked-badge

    21.7%

    %

    top-ranked-badge

    5.1%

    5.8%

    top-ranked-badge

    5.1%

    5.8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About SBI Magnum Constant Maturity Fund (G)

    About SBI Magnum Constant Maturity Fund (G)

    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 20 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 manager’s name is Dinesh Ahuja

    SBI Magnum Constant Maturity Fund (G) Investment Objective

    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.

    SBI Magnum Constant Maturity Fund (G) NAV,AUM,Risk

    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 fund as of 2021-09-23 is ₹51.17. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹813.675. The category risk of the SBI Magnum Constant Maturity Fund (G) fund is Moderate Risk. The fund charges 0.63 % as expense ratio.

    SBI Magnum Constant Maturity Fund (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 94.6% in this asset class. The top three holdings of the fund are , 7.26% govt stock 2029 , 6.64% govt stock 2035 , treps , net receivable / payable , 5.77% goi 2030 , 6.10% govt stock 2031 , 6.76% govt stock 2061 , goi 02.07.2030 gov , goi 02.01.2030 gov , 6.45% govt stock 2029

    SBI Magnum Constant Maturity Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    SBI Magnum Constant Maturity Fund (G) Investment volatility and Horizon

    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 TR INR.

    SBI Magnum Constant Maturity Fund (G) Review

    SBI Magnum Constant Maturity Fund (G) has a score of 2 on a scale of 5. The fund has a score of 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 3out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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