- Mutual Funds
- SBI Mutual Fund
- SBI Magnum Ultra Short Duration Fund (Growth)
Formerly SBI Magnum Insta Cash Reg Cash
SBI Magnum Ultra Short Duration Fund (Growth)
₹ 5090.2168
NAV (Mar 29)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 5090.2168
NAV (Mar 29)
Fund Returns
Last 1Y | 5.1% |
Last 3Y | 4.7% |
Last 5Y | 5.9% |
Last 10Y | 7% |
Since Inception | 7% |
6 Month CAGR | 3.2% |
Scheme Information
To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.
Expense Ratio | 0.54 |
Launched (24y ago) | May 21, 1999 |
AUM in Crores | 8990.353 |
ISIN | INF200K01LJ4 |
Lock-in | No Lock-in |
Benchmark | NIFTY Ultra Short Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.6 |
Standard Deviation (5yr) | 0.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.426 |
Sharpe Ratio (5yr) | 1.52 |
YTM | 7.53 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Magnum Ultra Short Duration Fund (Growth) | 844,389 | 111,777 | 5.9% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
treps
9.4%91 Days Treasury Bill 18-05-2023
5.5%net receivable / payable
4.9%7.37% govt stock 2023
4.6%91 Days Treasury Bill 20-04-2023
3.3%Compare SBI Magnum Ultra Short Duration Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 49,144 cr | ||
₹ 13,831 cr | ||
₹ 18,485 cr | ||
₹ 12,884 cr | ||
₹ 49,144 cr |
About the AMC
SBI Funds Management Ltd
SBI Funds Management Ltd manages assets worth 478,341 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 73 equity,205 debt and 34 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.8% | 18% | ||
5.5% | 6.8% | ||
3.8% | 6.5% | ||
31.9% | 16.9% | ||
33% | 14.3% |
SBI Magnum Ultra Short Duration Fund (G) Review
SBI Magnum Ultra Short Duration Fund (G) is a Ultra Short Debt fund and has delivered an annualised return of 7% over a period of 23 years. The fund was previously known as SBI Magnum Insta Cash Reg Cash. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is Mohit Jain.
Nav of SBI Magnum Ultra Short Duration Fund (G) as of 3/29/2023 is ₹5090.22 with the total AUM as of 3/30/2023 is ₹8990.353. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Ultra Short Duration Fund (G) was launched on May 21, 1999. The category risk of the fund is Moderate Risk.
The minimum SIP amount for SBI Magnum Ultra Short Duration Fund (G) 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 Ultra Short Duration Fund (G) 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 Ultra Short Duration Debt TR INR.
SBI Magnum Ultra Short Duration Fund (G) is rated as a 4 fund in Debt and delivered 5.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Magnum Ultra Short Duration Fund (G).
Frequently Asked Questions
What is SBI Magnum Ultra Short Duration Fund (G)?
How to invest in SBI Magnum Ultra Short Duration Fund (G)?
You can invest in SBI Magnum Ultra Short Duration Fund (G) 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 Ultra Short Duration Fund (G)?
The minimum sip amount for SBI Magnum Ultra Short Duration Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Magnum Ultra Short Duration Fund (G) good to invest in?
As per Scripbox experts, SBI Magnum Ultra Short Duration Fund (G) is a Top Ranked fund. You can investSBI Magnum Ultra Short Duration Fund (G) 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 Ultra Short Duration Fund (G)?
The expense ratio of the SBI Magnum Ultra Short Duration Fund (G) is 0.54% for regular plan.