SBI Magnum Constant Maturity Fund Direct Growth - Regular - Latest NAV [ ₹51.4596 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Constant Maturity Fund Direct Growth

  • highlight
    9.51%
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    (+0.07)51.4596

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.51%
3 Years10.1%
1 Year3.1%
6 Months2.14%
Fund Details
ISININF200K01SK7
RiskModerate Risk
Fund Type10 yr Government Bond
NAV51.4596
Exit Load--

More about this fundstar

Top HoldingsWeightage
7.26% Govt Stock 202948.35%
6.64% Govt Stock 203530.42%
5.77% GOI 203015.98%
Treps2.65%
Net Receivable / Payable1.99%
6.45% Govt Stock 20290.62%

About SBI Magnum Constant Maturity Fund - Direct Plan - Growth

SBI Magnum Constant Maturity Fund - Direct Plan - Growth aims to offer capital growth in the long-run, by investing in a portfolio of government securities, with an average maturity of 10 years or more. The fund manager makes use of favourable interest rate movements to generate maximum return for the investors.

Pros and Cons of SBI Magnum Constant Maturity Fund - Direct Plan - Growth

The SBI Magnum Constant Maturity Fund - Direct Plan - Growth has a bulk of the portfolio in government securities. It is a safe investment and has the backing of the Government. On the flip side, the returns of the fund are influenced by interest rate movements.

Fund Information and Statistics

i) Inception/Launch Date

SBI Magnum Constant Maturity Fund was launched on 01 January 2013.

ii) Risk Level

SBI Mutual Fund has put SBI Magnum Constant Maturity Fund under 'moderate risk' category. It is riskier as compared to liquid funds.

iii) Redemption

As SBI Magnum Constant Maturity Fund is open-ended, the investment can be redeemed at any time.

iv) Fund Manager

Mr Dinesh Ahuja is the current fund manager of SBI Magnum Constant Maturity Fund.

v) Entry/Exit Load

There is no entry load as per the mandate of Securities and Exchange Board of India (SEBI). The fund has no exit load.

About SBI Mutual Fund

SBI Mutual Fund is one of the largest mutual funds by asset size in India. It was started as a joint venture between State Bank of India and AMUNDI of France. The fund house counts SBI Mutual Fund Trustee Company Private Limited as the trustee. It has State Bank of India as its sponsor. The fund was registered with SEBI in 1987. The fund has a massive total assets under management (AUM), of Rs 3.64 lakh crore as of June 2020.

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns