Formerly SBI Ultra Short Term Debt Reg Mn DR
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.
The fund has been a Category Leader on the Fund Size metric
The performance of the fund on a Rolling Returns metric has been Satisfactory
NAV (Sep 22)
6 Month CAGR
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.
Launched (16y ago)
Jul 27, 2007
AUM in Crores
CRISIL Low Duration Fund TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|SBI Magnum Low Duration Fund (RIDCW-M)||8,36,128||1,03,516||5.5%|
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.
7.879999999999999% govt stock 20284.5%
state bank of india3.6%
india grid trust3.5%
SBI Funds Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
SBI Magnum Low Duration Fund (RIDCW-M) is a Low Duration Debt fund and has delivered an annualised return of 5.7% over a period of 16 years. The fund was previously known as SBI Ultra Short Term Debt Reg Mn 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 (RIDCW-M) as of 9/22/2023 is ₹1350.92 with the total AUM as of 9/23/2023 is ₹10009.486. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Low Duration Fund (RIDCW-M) was launched on Jul 27, 2007. The category risk of the fund is Moderate Risk.
The minimum SIP amount for SBI Magnum Low Duration Fund (RIDCW-M) 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 Low Duration Fund (RIDCW-M) 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 (RIDCW-M) is rated as a 3 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 Low Duration Fund (RIDCW-M).
What is SBI Magnum Low Duration Fund (RIDCW-M)?
How to invest in SBI Magnum Low Duration Fund (RIDCW-M)?
You can invest in SBI Magnum Low Duration Fund (RIDCW-M) 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 (RIDCW-M)?
The minimum sip amount for SBI Magnum Low Duration Fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Magnum Low Duration Fund (RIDCW-M) good to invest in?
As per Scripbox experts, SBI Magnum Low Duration Fund (RIDCW-M) is a Neutral fund. You can investSBI Magnum Low Duration Fund (RIDCW-M) 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 (RIDCW-M)?
The expense ratio of the SBI Magnum Low Duration Fund (RIDCW-M) is 1.01% for regular plan.