SBI Magnum Ultra Short Duration Fund (Growth)

SBI Magnum Ultra Short Duration Fund (G) is a Ultra Short Debt fund and has delivered an annualised return of 7.1% over a period of 24 years. The fund was previously known as SBI Magnum Insta Cash Reg Cash. The fund is managed by SBI Funds Management Ltd. The fund managers are Arun R., Mohit Jain.

Nav of SBI Magnum Ultra Short Duration Fund (G) as of 9/29/2023 is ₹5271.69 with the total AUM as of 10/1/2023 is ₹13500.313. 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 CRISIL Ultra Short Durtn Debt B-I TR INR.

SBI Magnum Ultra Short Duration Fund (G) is rated as a 4 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 Ultra Short Duration Fund (G).