SBI Magnum Gilt Fund Direct Growth - Regular - Latest NAV [ ₹53.0674 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Gilt Fund Direct Growth

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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%
3 Years10.59%
1 Year3.74%
6 Months1.63%
Fund Details
RiskModerate Risk
Fund TypeGovernment Bond
Exit Load--

More about this fundstar

Top HoldingsWeightage
5.63% Govt Stock 202610.07%
6.45% Govt Stock 20298.94%
6.79% Govt Stock 20278.76%
91 DTB 150720218.07%
182 DTB 080720216.73%
7.17% Govt Stock 20286.07%
91 DTB 220720215.38%
91 DTB 130820215.37%

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.

iii) Redemption

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

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