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  • SBI Magnum Income Fund (Growth)
SBI Mutual Fund

SBI Magnum Income Fund (Growth)

DebtMedium To Long Duration

Top Ranked

56.2556

NAV (Jun 24)

6.8%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within medium to long duration mutual funds.However, Scripbox does not recommend investing in medium to long duration mutual funds.Medium to Long Duration Funds invest in debt and money market instruments such that the duration of the portfolio is between 3 to 4 years.

The tenure of the instruments held by these funds exposes them to very high degrees of variations when interest rate changes.Funds in this category tend to invest in instruments that are highly rated.This is a small category(less than 1 % of total debt fund assets).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.

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

1,599 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

Highest Credit Risk. The fund has poor credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

56.2556

NAV (Jun 24)

Fund Returns

Last 1Y

1.2%

Last 3Y

6.8%

Last 5Y

6.3%

Last 10Y

7.8%

Since Inception

7.6%

6 Month CAGR

-0.8%

Scheme Information

Investment Objective

To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However,there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns.

Expense Ratio

1.46

Launched (24y ago)

Nov 25, 1998

AUM in Crores

1598.742

ISIN

INF200K01594

Lock-in

No Lock-in

Benchmark

NIFTY Medium to Long Dur Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Dinesh Ahuja

Fund Manager

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.

Asset allocation and Holdings

Last updated on 2022-06-24

Top Debt Holdings

6.54% govt stock 2032

20.6%
20.6%

tata realty and infrastructure limited

4.3%
4.3%

6.67% govt stock 2035

4.3%
4.3%

6.95% govt stock 2061

4.2%
4.2%

indian bank

4.2%
4.2%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

SBI Funds Management Private Limited

SBI Funds Management Private Limited manages assets worth 25,449 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 2 equity,34 debt and 21 hybrid funds.

amc-img

Fund NameScripbox Opinion
Till Date CAGR

13.3%

18.5%

5.1%

7.4%

14.5%

16.8%

5.1%

%

10.9%

11.3%

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

SBI Magnum Income Fund (G) Review

SBI Magnum Income Fund (G) is a Medium To Long Duration Debt fund and has delivered an annualised return of 7.6% over a period of 23 years. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is Dinesh Ahuja.

Nav of SBI Magnum Income Fund (G) as of 6/24/2022 is ₹56.26 with the total AUM as of 6/27/2022 is ₹1598.742. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Income Fund (G) was launched on Nov 25, 1998. The category risk of the fund is Moderately High risk.

The minimum SIP amount for SBI Magnum Income 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 Income 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 Medium to Long Dur Debt TR INR.

SBI Magnum Income Fund (G) is rated as a 4 fund in Debt and delivered 1.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Income Fund (G).

Frequently Asked Questions

What is SBI Magnum Income Fund (G)?

SBI Magnum Income Fund (G) is a Medium To Long Duration Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

How to invest in SBI Magnum Income Fund (G)?

You can invest in SBI Magnum Income 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 Income Fund (G)?

The minimum sip amount for SBI Magnum Income Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Magnum Income Fund (G) good to invest in?

As per Scripbox experts, SBI Magnum Income Fund (G) is a Top Ranked fund. You can investSBI Magnum Income 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 Income Fund (G)?

The expense ratio of the SBI Magnum Income Fund (G) is 1.46% for regular plan.