Medium to long 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.
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.
The performance of the fund on a Fund Size metric has been Good
The fund has been a Category Leader on the Rolling Returns metric
NAV (Sep 29)
6 Month CAGR
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.
Launched (25y ago)
Nov 25, 1998
AUM in Crores
NIFTY Medium to Long Dur Debt TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|SBI Magnum Income Fund (Growth)||8,82,909||1,50,297||7.7%|
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.
7.1% govt stock 202914.3%
7.41% govt stock 20369.1%
7.26% govt stock 20336%
larsen and toubro limited4.5%
7.06% govt stock 20284.5%
|Fund Name||Fund Size||Rolling Returns|
₹ 44,468 cr
₹ 18,357 cr
₹ 10,408 cr
₹ 14,357 cr
₹ 9,121 cr
SBI Funds Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
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 24 years. The fund is managed by SBI Funds Management Ltd. The fund managers are Dinesh Ahuja, Mohit Jain.
Nav of SBI Magnum Income Fund (G) as of 9/29/2023 is ₹61.70 with the total AUM as of 10/3/2023 is ₹1675.915. 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 3 fund in Debt and delivered 7.4% 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).
What is SBI Magnum Income Fund (G)?
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 Neutral 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.