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  • SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W)

Formerly SBI Magnum Insta Cash Reg Wk DR

SBI Mutual Fund

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W)

DebtUltra Short

Top Ranked

1155.3778

NAV (Oct 21)

5%
3 Year CAGR
Scripbox Opinion

Top Ranked

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) is recommended for investment within ultra short mutual funds.

Ultra short 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 ->

Track Record

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

Relative Size

11,591 Cr. Category leader in size

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

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Historical NAV

1155.3778

NAV (Oct 21)

Fund Returns

Last 1Y
3.4%
Last 3Y
5%
Last 5Y
5%
Last 10Y
5.8%
Since Inception
5.8%
6 Month CAGR
1.7%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low to Moderate Risk

Expense Ratio
0.49
Launched (22y ago)
May 21, 1999
AUM in Crores
11590.082
ISIN
INF200K01LL0
Lock-in
No Lock-in
Benchmark
NIFTY Ultra Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Arun R.

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

SBI Funds Management Private Limited

SBI Funds Management Private Limited manages assets worth 450,119 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.

amc-img

Fund NameScripbox Opinion
Till Date CAGR
recommended-badge

26.5%

20.6%

recommended-badge

6.1%

7.2%

top-ranked-badge

26.5%

%

top-ranked-badge

5%

5.8%

top-ranked-badge

5%

5.8%

growth

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment
  • graph-icon-gray
    One-click investing and tracking
  • graph-icon-gray
    Zero fees for all your investments
Kotak Savings Fund (Growth)

Kotak Savings Fund (Growth)

Debt

Ultra Short

ICICI Prudential Savings Fund (Growth)

ICICI Prudential Savings Fund (Growth)

Debt

Low Duration

Tata Liquid Fund (Growth)

Tata Liquid Fund (Growth)

Debt

Liquid

How does Scripbox rate funds?

Proprietary 4-step system to rate mutual funds

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

What Scripbox recommendations mean?
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Track Record

Track Record

We look at consistent and long historical performance for our analysis.

Fund Size

Fund Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

Sub-asset Class View

Sub-asset Class View

We check if the sub-category of the fund is recommended by us.

Fund Performance

Fund Performance

Consistency of performance over various tenures is analysed for a relative performance stack.

Track Record

Track Record

We look at consistent and long historical performance for our analysis.

Fund Size

Fund Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

Impact of Interest Rates

Impact of Interest Rates

We check the relative interest rate risk of the sub-category of the fund. Lower the better.

Credit Attractiveness

Credit Attractiveness

We check the credit quality of the underlying instruments present in the fund. Higher the better.

Equity Funds

Debt Funds

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About SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W)

About SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W)

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) is a Ultra Short Debt fund and has delivered an annualised return of 5.8% over a period of 22 years. The fund was previously known as SBI Magnum Insta Cash Reg Wk DR . The fund is managed by SBI Funds Management Private Limited. The fund manager’s name is Arun R.

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) 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. . However, there is no assurance that the objective of the scheme will be realized.

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) NAV,AUM,Risk

The SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) fund was launched on May 21, 1999. The NAV (Net Asset Value) of this Ultra Short Debt fund as of 2021-10-21 is ₹1155.38. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹11590.082. The category risk of the SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) fund is Low to Moderate Risk. The fund charges 0.49 % as expense ratio.

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) Holdings

The fund’s highest allocation is towards Others and has invested 73.5% in this asset class. The top three holdings of the fund are , treps , 182 dtb 12112021 , rural electrification corporation limited , 91 dtb 25112021 , ultratech cement limited , 91 dtb 23122021 , goi floating rate bond 2024 , 8.20% govt stock 2022 , reliance industries limited , rbl bank limited , axis bank limited , tata capital limited , ashok leyland limited , housing development finance corporation limited , housing development finance corporation limited , export-import bank of india , 06.10 ka sdl 2021 , power finance corporation limited , tvs credit services limited , lic housing finance limited , export-import bank of india , sikka ports and terminals limited , sundaram finance limited , 8.79% govt stock 2021 , net receivable / payable , small industries development bank of india , fullerton india credit company ltd , national bank for agriculture and rural development , bajaj housing finance limited , 182 dtb 23122021 , housing development finance corporation limited , govt stock , 8.64% andhra pradesh sdl 2023 , food corporation of india , tata capital financial services limited , julius baer capital (india) private limited , housing development finance corporation limited , 8.35% govt stock 2022 , 7.42% mh sdl 2022 , national bank for agriculture and rural development , tata capital limited , 9.17% andhra gs 2021 , rural electrification corporation limited , sundaram finance limited , rbl bank limited , ntpc limited , lic housing finance limited , rec limited , 8.79% maharashtra sdl 2021 , national bank for agriculture and rural development , power finance corporation limited , lic housing finance limited , housing development finance corporation limited , small industries development bank of india , 8.56% rajasthan sdl 2023 , ntpc limited , indian railway finance corporation limited , indian oil corporation limited , tvs credit services limited , nabha power limited , indian railway finance corporation limited , national bank for agriculture and rural development , goi 17.12.2021 gov

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) Sip

The minimum SIP (Systematic Investment Plan) amount for this 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.

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) Investment volatility and Horizon

This fund 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 of Income Dist cum cap wdrl (RIDCW-W) Review

SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) has a score of 5 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, SBI Magnum Ultra Short Duration Fund of Income Dist cum cap wdrl (RIDCW-W) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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