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  • SBI Mutual Fund
  • SBI Magnum Ultra Short Duration Fund (RIDCW-W)

Formerly SBI Magnum Insta Cash Reg Wk DR

SBI Mutual Fund

SBI Magnum Ultra Short Duration Fund (RIDCW-W)

DebtUltra Short

Top Ranked

1175.209

NAV (May 20)

4.4%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within ultra short mutual funds.However, Scripbox does not recommend investing in ultra short mutual funds.

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 ->

Track Record

23 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

14,030 Cr. Category leader in size

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

Invest in this fund

Scripbox Recommended Ultra Short Funds

Want the ultra short term debt funds that are right for your short term investment needs?

Learn more

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

1175.209

NAV (May 20)

Fund Returns

Last 1Y

3.2%

Last 3Y

4.4%

Last 5Y

4.8%

Last 10Y

5.5%

Since Inception

5.8%

6 Month CAGR

1.5%

Scheme Information

Investment Objective

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

0.49

Launched (23y ago)

May 21, 1999

AUM in Crores

14029.202

ISIN

INF200K01LL0

Lock-in

No Lock-in

Benchmark

CRISIL Ultra Short Duration Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Arun R.

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-05-20

Top Debt Holdings

182 Days Treasury Bill 11-08-2022

5.1%
5.1%

182 Days Treasury Bill 29-09-2022

4.9%
4.9%

indian oil corporation limited

4.6%
4.6%

91 Days Treasury Bill 28-07-2022

4.2%
4.2%

3.8% govt stock 2024

4%
4%
See all holdings
allocation by market cap

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 40,402 cr

5

₹ 16,108 cr

5

₹ 18,675 cr

5

₹ 15,495 cr

5

₹ 40,402 cr

5

About the AMC

SBI Funds Management Private Limited

SBI Funds Management Private Limited manages assets worth 25,449 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 2 equity,34 debt and 21 hybrid funds.

amc-img

Fund NameScripbox Opinion
Till Date CAGR

14.2%

18.8%

5.2%

7.4%

16%

17.1%

5.2%

%

11.5%

11.5%

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

SBI Magnum Ultra Short Duration Fund (RIDCW-W) Review

SBI Magnum Ultra Short Duration Fund (RIDCW-W) is a Ultra Short Debt fund and has delivered an annualised return of 5.8% over a period of 23 years. The fund was previously known as SBI Magnum Insta Cash Reg Wk DR. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is Arun R..

Nav of SBI Magnum Ultra Short Duration Fund (RIDCW-W) as of 5/20/2022 is ₹1175.21 with the total AUM as of 5/23/2022 is ₹14029.202. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Magnum Ultra Short Duration Fund (RIDCW-W) was launched on May 21, 1999. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for SBI Magnum Ultra Short Duration Fund (RIDCW-W) 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 (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 Ultra Short Duration Fund TR INR.

SBI Magnum Ultra Short Duration Fund (RIDCW-W) is rated as a 4 fund in Debt and delivered 3.2% 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 (RIDCW-W).

Frequently Asked Questions

What is SBI Magnum Ultra Short Duration Fund (RIDCW-W)?

SBI Magnum Ultra Short Duration Fund (RIDCW-W) is a Ultra Short Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

How to invest in SBI Magnum Ultra Short Duration Fund (RIDCW-W)?

You can invest in SBI Magnum Ultra Short Duration Fund (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 Ultra Short Duration Fund (RIDCW-W)?

The minimum sip amount for SBI Magnum Ultra Short Duration Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Magnum Ultra Short Duration Fund (RIDCW-W) good to invest in?

As per Scripbox experts, SBI Magnum Ultra Short Duration Fund (RIDCW-W) is a Top Ranked fund. You can investSBI Magnum Ultra Short Duration Fund (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 Ultra Short Duration Fund (RIDCW-W)?

The expense ratio of the SBI Magnum Ultra Short Duration Fund (RIDCW-W) is 0.49% for regular plan.