SBI Magnum Gilt Fund Direct Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Government Bond|
More about this fund
|5.85% Govt Stock 2030||19.97%|
|364 DTB 27052021||10.76%|
|6.45% Govt Stock 2029||8.96%|
|6.79% Govt Stock 2027||8.78%|
|6.22% Govt Stock 2035||8.66%|
|7.17% Govt Stock 2028||6.08%|
|364 DTB 15042021||5.4%|
|7.32% Govt Stock 2024||4.88%|
|364 DTB 08042021||3.38%|
|7.26% Govt Stock 2029||2.55%|
About SBI Magnum Gilt Fund - Direct Plan - Growth
The fund is an open-ended debt scheme that predominantly invests in government securities issued by the Central and State governments across maturity. Investing in such securities is considered to be free of credit risk. The fund aims to make capital gains by actively managing interest rate risk.
Pros and Cons of SBI Magnum Gilt Fund - Direct Plan - Growth
The exit load for the fund is nil.
Fund Information and Statistics
i) Inception/Launch Date
The scheme was launched on 31 December 2000.
ii) Risk Level
The fund comes with a moderate risk profile since the investment is made in government securities.
There is no lock-in period for the invested principal amount. You can redeem the fund units at any time.
iv) Fund Manager
Mr Dinesh Ahuja is the current Fund Manager for the scheme.
v) Entry/Exit Load
There is no entry load and exit load applicable.
About SBI Mutual Fund
A renowned fund house in India, SBI Mutual Fund, was incorporated as an asset management company on 7 February 1992. The fund house is sponsored by State Bank of India and the trustee company is SBI Mutual Fund Trustee Company Private Limited. As of September 2020, the fund house offers 141 different folios to the customers.
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Frequently Asked Questions
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Min amount: ₹1,000
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