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  • SBI Mutual Fund
  • SBI Magnum Income Fund (Dividend Payout - Quarterly)
SBI Mutual Fund

SBI Magnum Income Fund (Dividend Payout - Quarterly)

DebtMedium To Long Duration

Top Ranked

16.0365

NAV (Aug 05)

6.8%
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 ->

Fund Size

₹ 1,540 Cr

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

View all 8 analysis

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Scripbox Recommended Debt Funds

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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

16.0365

NAV (Aug 5)

Fund Returns

Last 1Y

2.3%

Last 3Y

6.8%

Last 5Y

5.6%

Last 10Y

NA

Since Inception

5.6%

6 Month CAGR

1.6%

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 (9y ago)

Mar 15, 2013

AUM in Crores

1540.271

ISIN

INF200K01YQ2

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 2022-08-05

Top Debt Holdings

6.54% govt stock 2032

32.3%
32.3%

6.67% govt stock 2035

4.5%
4.5%

tata realty and infrastructure limited

4.5%
4.5%

indian bank

4.4%
4.4%

the tata power company limited

4%
4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 444,382 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 73 equity,198 debt and 37 hybrid funds.

amc-img

  • 022-61793000
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.9%

    7.4%

    18.5%

    19%

    21.2%

    17.4%

    17.1%

    12%

    4.9%

    %

    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 (D-Q) Review

    SBI Magnum Income Fund (D-Q) is a Medium To Long Duration Debt fund and has delivered an annualised return of 5.6% over a period of 9 years. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is Dinesh Ahuja.

    Nav of SBI Magnum Income Fund (D-Q) as of 8/5/2022 is ₹16.04 with the total AUM as of 8/6/2022 is ₹1540.271. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Income Fund (D-Q) was launched on Mar 15, 2013. The category risk of the fund is Moderately High risk.

    The minimum SIP amount for SBI Magnum Income Fund (D-Q) 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 (D-Q) 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 (D-Q) is rated as a 4 fund in Debt and delivered 2.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Income Fund (D-Q).

    Frequently Asked Questions

    What is SBI Magnum Income Fund (D-Q)?

    SBI Magnum Income Fund (D-Q) 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 (D-Q)?

    You can invest in SBI Magnum Income Fund (D-Q) 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 (D-Q)?

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

    Is SBI Magnum Income Fund (D-Q) good to invest in?

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

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