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  • SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M)
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SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M)

DebtMedium To Long Duration

14.7826

NAV (Jan 28)

8.1%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in 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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

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

1,694 Cr. Medium within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Explore a better alternative to this fund with a Scripbox plan.
Short Term Money

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

No single fund can achieve what a plan can. Learn why

Historical NAV

14.7826

NAV (Jan 28)

Fund Returns

Last 1Y

3.2%

Last 3Y

8.1%

Last 5Y

6%

Last 10Y

6.6%

Since Inception

NA

6 Month CAGR

1%

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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

1693.561

ISIN

INF200K01610

Lock-in

No Lock-in

Benchmark

NIFTY Medium to Long Dur Debt 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%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,746 cr

5

₹ 36,350 cr

5

₹ 9,578 cr

5

₹ 29,495 cr

5

₹ 26,926 cr

5

amc-icon

About the AMC

Fund NameScripbox Opinion
Till Date CAGR

21.9%

19.8%

5.6%

7.2%

21.9%

%

4.8%

5.8%

4.8%

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

SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M) Review

SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M) is a Medium To Long Duration Debt fund and has delivered an annualised return of null% 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 of Income Distribution cum capital withdrawal (PIDCW-6M) as of 28/01/2022 is ₹14.78 with the total AUM as of 29/01/2022 is ₹1693.561. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M) 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 of Income Distribution cum capital withdrawal (PIDCW-6M) 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 of Income Distribution cum capital withdrawal (PIDCW-6M) 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 of Income Distribution cum capital withdrawal (PIDCW-6M) is rated as a 3 fund in Debt and delivered 3.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Income Fund of Income Distribution cum capital withdrawal (PIDCW-6M).

Frequently Asked Questions

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