SBI Magnum Gilt Fund Direct Growth - Latest NAV ₹52.4262, Returns, Performance & Portfolio

SBI Magnum Gilt Fund Direct Growth

  • highlight
    9.88%
  • highlight
    (+0.01)52.4262

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 7.54 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.88%
3 Years10.23%
1 Year8.81%
6 Months2.07%
Fund Details
ISININF200K01SH3
RiskModerate Risk
Fund TypeGovernment Bond
NAV52.4262
Exit Load--

More about this fundstar

Top HoldingsWeightage
5.85% Govt Stock 203019.97%
364 DTB 2705202110.76%
6.45% Govt Stock 20298.96%
6.79% Govt Stock 20278.78%
6.22% Govt Stock 20358.66%
7.17% Govt Stock 20286.08%
364 DTB 150420215.4%
7.32% Govt Stock 20244.88%
364 DTB 080420213.38%
7.26% Govt Stock 20292.55%

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.

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

Rs. 1,000 invested monthly becomes Rs. 7.54 Lakhs 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