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- SBI Mutual Fund
- SBI Magnum Low Duration Fund Institutional (RIDCW-W)
Formerly SBI Ultra Short Term Debt Instl Wk DR
SBI Magnum Low Duration Fund Institutional (RIDCW-W)
₹ 1199.1848
NAV (Oct 03)
Low 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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1199.1848
NAV (Oct 3)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 4.6% |
Last 5Y | 5.3% |
Last 10Y | 5.6% |
Since Inception | 6% |
6 Month CAGR | 3.5% |
Scheme Information
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.
Expense Ratio | 1.01 |
Launched (16y ago) | Jul 19, 2007 |
AUM in Crores | 10009.486 |
ISIN | INF200K01MK0 |
Lock-in | No Lock-in |
Benchmark | CRISIL Low Duration Fund TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000000 |
Standard Deviation (3yr) | 0.6 |
Standard Deviation (5yr) | 0.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.625 |
Sharpe Ratio (5yr) | 0.14 |
YTM | 7.61 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Magnum Low Duration Fund Institutional (RIDCW-W) | 8,32,037 | 99,425 | 5.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
SBI Funds Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 6.5% | ||
28.2% | 17.5% | ||
33% | 15.8% | ||
23.2% | 11.8% | ||
4.7% | 6.9% |
SBI Magnum Low Duration Fund Institutional (RIDCW-W) Review
SBI Magnum Low Duration Fund Institutional (RIDCW-W) is a Low Duration Debt fund and has delivered an annualised return of 6% over a period of 16 years. The fund was previously known as SBI Ultra Short Term Debt Instl Wk DR. The fund is managed by SBI Funds Management Ltd. The fund managers are Mohit Jain, Rajeev Radhakrishnan.
Nav of SBI Magnum Low Duration Fund Institutional (RIDCW-W) as of 10/3/2023 is ₹1199.18 with the total AUM as of 10/4/2023 is ₹10009.486. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Low Duration Fund Institutional (RIDCW-W) was launched on Jul 19, 2007. The category risk of the fund is Moderate Risk.
The minimum SIP amount for SBI Magnum Low Duration Fund Institutional (RIDCW-W) is ₹0 and you can increase this in multiples of ₹1000000. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000000. Check your estimated returns on mutual funds by using sip calculator.
SBI Magnum Low Duration Fund Institutional (RIDCW-W) 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 Low Duration Fund TR INR.
SBI Magnum Low Duration Fund Institutional (RIDCW-W) is rated as a 3 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Low Duration Fund Institutional (RIDCW-W).
Frequently Asked Questions
What is SBI Magnum Low Duration Fund Institutional (RIDCW-W)?
How to invest in SBI Magnum Low Duration Fund Institutional (RIDCW-W)?
You can invest in SBI Magnum Low Duration Fund Institutional (RIDCW-W) 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 Low Duration Fund Institutional (RIDCW-W)?
The minimum sip amount for SBI Magnum Low Duration Fund Institutional (RIDCW-W) is ₹0. You can invest in multiples of ₹5000000.
Is SBI Magnum Low Duration Fund Institutional (RIDCW-W) good to invest in?
As per Scripbox experts, SBI Magnum Low Duration Fund Institutional (RIDCW-W) is a Neutral fund. You can investSBI Magnum Low Duration Fund Institutional (RIDCW-W) 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 Low Duration Fund Institutional (RIDCW-W)?
The expense ratio of the SBI Magnum Low Duration Fund Institutional (RIDCW-W) is 1.01% for regular plan.