• Mutual Funds
  • SBI Mutual Fund
  • SBI Magnum Income Fund (IDCW-6M)
SBI Mutual Fund

SBI Magnum Income Fund (IDCW-6M)

DebtMedium To Long Duration

17.625

NAV (Nov 11)

5.952%
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 ->

Satisfactory

The performance of the fund on a Consistency of Credit Quality metric has been Satisfactory

Fund Size

Good

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

Invest in this fund
Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

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

17.625

NAV (Nov 11)

Fund Returns

Last 1Y
8.7%
Last 3Y
6%
Last 5Y
7.1%
Last 10Y
7.7%
Since Inception
7.6%
6 Month CAGR
4.8%

Scheme Information

Investment Objective

The scheme seeks 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.

Expense Ratio
1.46%
Launched 25Y ago
1998-11-25
AUM in Crores
1807.4
ISIN
INF200K01628
Lock-in (days)
No Lock-in
Benchmark
CRISIL Medium to Long Duration Debt A-III Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1.9
Beta
1
Sharpe Ratio
-
YTM
-
Fund Managers

Adesh Sharma

Fund Manager

Lokesh Mallya

Fund Manager

Pradeep Kesavan

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 (IDCW-6M)70%8,69,409 1,36,7977.1%
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 2024-03-13

Top Debt Holdings

GOI

26.99%
26.99%

GOI

8.6%
8.6%

GOI

8.38%
8.38%

GOI

5.73%
5.73%

GOI

5.69%
5.69%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
hdfc
HDFC Floating Rate Debt Fund (G)

₹ 14,839 cr

₹ 4,550 cr

₹ 7,945 cr

₹ 12,473 cr

₹ 4,616 cr

amc-img

About the AMC

SBI Mutual Fund

The SBI Mutual Fund Trustee Company Private Limited was set up as a trust under the Trust Act of 1882. This Trust controls the SBI Mutual Fund, one of India’s largest and oldest MFs. The SBI Mutual Fund is a Joint Venture (JV) between one of India’s largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company.amc-img
phone-img022-61793000 / 1800-425-5425
Fund NameScripbox Opinion
Till Date CAGR

8.5%

14.4%

14.6%

6.4%

16.9%

15.3%

20.6%

16.1%

22.7%

17.3%

SBI Magnum Income Fund (IDCW-6M) Review

SBI Magnum Income Fund (IDCW-6M) is a Medium To Long Duration Debt fund and has delivered an annualised return of 7.62% over 25 years. The fund has grown over a period of 25 years. The fund is managed by SBI Mutual Fund. The fund managers are Adesh Sharma, Lokesh Mallya, Pradeep Kesavan.

Nav of SBI Magnum Income Fund (IDCW-6M) as of 11/11/2024 is ₹17.63 with the total AUM as of 11/14/2024 is ₹1807.38. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Income Fund (IDCW-6M) was launched on 1998-11-25. The category risk of the fund is Moderately High.

The minimum SIP amount for SBI Magnum Income Fund (IDCW-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 (IDCW-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 CRISIL Medium to Long Duration Debt A-III Index.

Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Income Fund (IDCW-6M).

Frequently Asked Questions

What is SBI Magnum Income Fund (IDCW-6M)?

It 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 (IDCW-6M)?

You can invest in SBI Magnum Income Fund (IDCW-6M) 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 (IDCW-6M)?

The minimum sip amount for SBI Magnum Income Fund (IDCW-6M) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Magnum Income Fund (IDCW-6M) good to invest in?

According to Scripbox opinion, it is a 2-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

What is the expense ratio of the SBI Magnum Income Fund (IDCW-6M)?

The expense ratio of the SBI Magnum Income Fund (IDCW-6M) is 1.46% for regular plan.

What is the NAV of SBI Magnum Income Fund (IDCW-6M)?

Today's SBI Magnum Income Fund (IDCW-6M) NAV is ₹17.63.