No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.
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 367,708 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.
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
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of 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.
Relative 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 Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
How to invest in Scripbox Mutual Funds?
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create an Account
Create an account with Scripbox through a paperless process, to invest
in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews & rebalances
We review your investments and make course corrections every year to make the best out of your investments
About SBI Magnum Low Duration Fund Institutional (G)
About SBI Magnum Low Duration Fund Institutional (G)
SBI Magnum Low Duration Fund Institutional (G) is a low duration debt fund and has delivered an annualised return of 7.8% over a period of 14 years .The fund was previously known as SBI Ultra Short Term Debt Instl Gr.The fund is managed by SBI Funds Management Private Limited.The fund manager’s name is Rajeev Radhakrishnan.
SBI Magnum Low Duration Fund Institutional (G) Investment Objective
To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months. However, there is no assurance that the objective of the scheme will be realized.
SBI Magnum Low Duration Fund Institutional (G) NAV,AUM,Risk
The SBI Magnum Low Duration Fund Institutional (G) fund was launched on Jul 19, 2007. The NAV (Net Asset Value) of this low duration debt as of 2021-05-06 is ₹ 2810.3424. The total AUM (Asset Under Management) of the fund as of 2021-05-07 is ₹ 13522.075. The category risk of the SBI Magnum Low Duration Fund Institutional (G) fund is Low to Moderate Risk.
The fund charges 0.96 % as expense ratio.
SBI Magnum Low Duration Fund Institutional (G) Holdings
The fund’s highest allocation is towards debt and has invested 51.7% in this asset class. The top three holdings of the fund are goi floating rate bond 2024,7.32% govt stock 2024 and 8.20% govt stock 2022
SBI Magnum Low Duration Fund Institutional (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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 Low Duration Fund Institutional (G) 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 NIFTY Low Duration Debt Index TR INR.
SBI Magnum Low Duration Fund Institutional (G) Review
SBI Magnum Low Duration Fund Institutional (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, SBI Magnum Low Duration Fund Institutional (G) has a score of 5 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
