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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 399,510 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
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 7.7% 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 2021-07-30 is ₹ 2834.8553. The total AUM (Asset Under Management) of the fund as of 2021-08-02 is ₹ 13166.806. The category risk of the SBI Magnum Low Duration Fund Institutional (G) fund is Moderate Risk.
The fund charges 0.95 % as expense ratio.
SBI Magnum Low Duration Fund Institutional (G) Holdings
The fund’s highest allocation is towards debt and has invested 56.8% in this asset class. The top three holdings of the fund are goi floating rate bond 2024,182 dtb 12112021 and 182 dtb 23122021
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.
