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  • SBI Mutual Fund
  • SBI Magnum Low Duration Fund (RIDCW-M)

Formerly SBI Ultra Short Term Debt Reg Mn DR

SBI Mutual Fund

SBI Magnum Low Duration Fund (RIDCW-M)

DebtLow Duration

1420.5009

NAV (Jun 18)

5.3%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in low duration mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

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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

1420.5009

NAV (Jun 18)

Fund Returns

Last 1Y
6.8%
Last 3Y
5.3%
Last 5Y
5.7%
Last 10Y
6.8%
Since Inception
7.2%
6 Month CAGR
3.6%

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.

Expense Ratio
1.02
Launched (17y ago)
Jul 27, 2007
AUM in Crores
9681.071
ISIN
INF200K01MQ7
Lock-in
No Lock-in
Benchmark
CRISIL Low Duration Debt A-I TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.925
Sharpe Ratio (5yr)
0.361
YTM
7.81
Fund Managers

Mohit Jain

Fund Manager

Pradeep Kesavan

Fund Manager

Rajeev Radhakrishnan

Fund Manager

Arun R.

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 Low Duration Fund (RIDCW-M)70%8,36,128 1,03,5165.5%
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 2024-06-18

Top Debt Holdings

7.72% govt stock 2028

10.9%
10.9%

national housing bank

4.1%
4.1%

l&t metro rail (hyderabad) limited

3.8%
3.8%

larsen & toubro ltd.

3.6%
3.6%

lic housing finance ltd

3.3%
3.3%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 5,001 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 691,539 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

20.7%

18.3%

16.3%

12.5%

25.2%

17%

27.6%

13.9%

SBI Magnum Low Duration Fund (RIDCW-M) Review

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 Arun R., Mohit Jain, Pradeep Kesavan, Rajeev Radhakrishnan.

Nav of SBI Magnum Low Duration Fund (RIDCW-M) as of 6/18/2024 is ₹1420.50 with the total AUM as of 6/19/2024 is ₹9681.071. 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 Low to 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 Debt A-I TR INR.

SBI Magnum Low Duration Fund (RIDCW-M) is rated as a 3 fund in Debt and delivered 6.9% 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).

Frequently Asked Questions

What is SBI Magnum Low Duration Fund (RIDCW-M)?

SBI Magnum Low Duration Fund (RIDCW-M) is a Low 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 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 1.02% for regular plan.