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SBI Mutual Fund

SBI Magnum Income Fund (Dividend Payout - Quarterly)

DebtMedium To Long Duration

18.3123

NAV (Jun 14)

5.3%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in medium to long duration mutual funds.

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.

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

Good

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

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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

18.3123

NAV (Jun 14)

Fund Returns

Last 1Y
6.6%
Last 3Y
5.3%
Last 5Y
7.1%
Last 10Y
7.8%
Since Inception
7.6%
6 Month CAGR
4.1%

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 (11y ago)
Mar 15, 2013
AUM in Crores
1754.615
ISIN
INF200K01YQ2
Lock-in
No Lock-in
Benchmark
NIFTY Medium Long Dur Debt A-III TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.8
Standard Deviation (5yr)
2.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.173
Sharpe Ratio (5yr)
0.79
YTM
8
Fund Managers

Rajeev Radhakrishnan

Fund Manager

Mohit Jain

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Magnum Income Fund (Dividend Payout - Quarterly)70%8,69,819 1,37,2077.1%
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.

Asset allocation and Holdings

Last updated on 2024-06-14

Top Debt Holdings

7.1% govt stock 2034

10.1%
10.1%

7.23% govt stock 2039

8.7%
8.7%

7.3% govt stock 2053

6.1%
6.1%

7.18% govt stock 2033

5.8%
5.8%

7.25% govt stock 2063

5.8%
5.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 691,539 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

20.7%

18.3%

16.3%

12.5%

25.2%

17%

27.6%

13.9%

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 5.9% over a period of 11 years. The fund is managed by SBI Funds Management Ltd. The fund managers are Mohit Jain, Rajeev Radhakrishnan.

Nav of SBI Magnum Income Fund (D-Q) as of 6/14/2024 is ₹18.31 with the total AUM as of 6/16/2024 is ₹1754.615. 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 Long Dur Debt A-III TR INR.

SBI Magnum Income Fund (D-Q) is rated as a 2 fund in Debt and delivered 6.6% 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 instruments 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 Neutral 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.