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.
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Historical NAV
₹ 15.8921
NAV (Oct 20)
Fund Returns
Last 1Y
4.5%
Last 3Y
9.3%
Last 5Y
6.7%
Last 10Y
NA
Since Inception
6%
6 Month CAGR
2.5%
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.
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.
SBI Funds Management Private Limited manages assets worth 450,119 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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01
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About SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q)
About SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q)
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) is a Medium To Long Duration Debt fund and has delivered an annualised return of 6% over a period of 8 years. . The fund is managed by SBI Funds Management Private Limited. The fund manager’s name is Dinesh Ahuja
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) 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. . However, there is no assurance that the objective of the scheme will be realized.
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) NAV,AUM,Risk
The SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) fund was launched on Mar 15, 2013. The NAV (Net Asset Value) of this Medium To Long Duration Debt fund as of 2021-10-20 is ₹15.89. The total AUM (Asset Under Management) of the fund as of 21/10/2021 is ₹1716.362. The category risk of the SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) fund is Moderately High risk. The fund charges 1.47 % as expense ratio.
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) Holdings
The fund’s highest allocation is towards Debt and has invested 93.5% in this asset class. The top three holdings of the fund are , 6.10% govt stock 2031 , govt stock , embassy office parks reit , tata realty and infrastructure limited , allahabad bank , 6.76% govt stock 2061 , treps , coastal gujarat power limited , ahmedabad-maliya tollway limited , mahindra rural housing finance limited , 6.64% govt stock 2035 , aadhar housing finance limited , punjab national bank , indostar capital finance limited , cholamandalam investment and fin. co. ltd , indinfravit trust , indian bank , state bank of india , flometallic india private limited , 7.26% govt stock 2029 , tmf holdings limited , the tata power company limited , net receivable / payable , flometallic india private limited , muthoot finance limited , 91 dtb 25112021 , indinfravit trust , 6.67% govt stock 2035 , the tata power company limited
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) Sip
The minimum SIP (Systematic Investment Plan) amount for this 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.
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) Investment volatility and Horizon
This fund 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 CRISIL Medium to Long Term Debt TR INR.
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) Review
SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) has a score of 3 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, SBI Magnum Income Fund of Income Distribution cum capital withdrawal (D-Q) has a score of 3out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
