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- SBI Mutual Fund
- SBI Magnum Constant Maturity Fund (PIDCW-M)
SBI Magnum Constant Maturity Fund (PIDCW-M)
₹ 19.5338
NAV (Oct 30)
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 19.5338
NAV (Oct 30)
Fund Returns
Last 1Y | 10.5% |
Last 3Y | 5.7% |
Last 5Y | 6.3% |
Last 10Y | 8.4% |
Since Inception | 7.8% |
6 Month CAGR | 5.7% |
Scheme Information
The scheme seeks 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 23Y ago | 2000-12-23 |
AUM in Crores | 1703.2 |
ISIN | INF200K01AO7 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 10 yr Benchmark G-Sec Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 3 |
Beta | 0.8 |
Sharpe Ratio | -0.1 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Magnum Constant Maturity Fund (PIDCW-M) | 8,52,083 | 1,19,471 | 6.3% | |
| 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
GOI
40.61%GOI
32.67%GOI
23.7%Others
2.49%Others
0.53%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 10,307 cr | ||
₹ 8,029 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
SBI Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
8.6% | 14.4% | ||
17.1% | 6.8% | ||
18.1% | 15.3% | ||
23% | 16.2% | ||
24.1% | 17.3% |
SBI Magnum Constant Maturity Fund (PIDCW-M) Review
SBI Magnum Constant Maturity Fund (PIDCW-M) is a Gilt With 10 Year Constant Duration Debt fund and has delivered an annualised return of 7.8% over 23 years. The fund has grown over a period of 23 years. The fund is managed by SBI Mutual Fund. The fund manager’s name is Tejas Soman.
Nav of SBI Magnum Constant Maturity Fund (PIDCW-M) as of 10/30/2024 is ₹19.53 with the total AUM as of 10/31/2024 is ₹1703.15. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Constant Maturity Fund (PIDCW-M) was launched on 2000-12-23. The category risk of the fund is Moderate.
The minimum SIP amount for SBI Magnum Constant Maturity Fund (PIDCW-M) 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 (PIDCW-M) 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 Benchmark G-Sec Index.
Scripbox has rated it 3 stars, indicating it's a neutral fund in the Debt category and delivered 10.54% 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 (PIDCW-M).
Frequently Asked Questions
What is SBI Magnum Constant Maturity Fund (PIDCW-M)?
How to invest in SBI Magnum Constant Maturity Fund (PIDCW-M)?
You can invest in SBI Magnum Constant Maturity Fund (PIDCW-M) 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 (PIDCW-M)?
The minimum sip amount for SBI Magnum Constant Maturity Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Magnum Constant Maturity Fund (PIDCW-M) good to invest in?
According to Scripbox opinion, it is a 3-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.
What is the expense ratio of the SBI Magnum Constant Maturity Fund (PIDCW-M)?
The expense ratio of the SBI Magnum Constant Maturity Fund (PIDCW-M) is 0.64% for regular plan.
What is the NAV of SBI Magnum Constant Maturity Fund (PIDCW-M)?
Today's SBI Magnum Constant Maturity Fund (PIDCW-M) NAV is ₹19.53.