SBI Magnum Low Duration Fund Direct Plan Growth - Regular - Latest NAV [ ₹2802.4334 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Low Duration Fund Direct Plan Growth

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.5 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.39%
3 Years7.46%
1 Year6.08%
6 Months1.87%
Fund Details
RiskLow to Moderate Risk
Fund TypeLow Duration
Exit Load--

More about this fundstar

Top HoldingsWeightage
GOI Floating Rate Bond 20248.21%
7.32% Govt Stock 20244.12%
8.20% Govt Stock 20223.84%
364 DTB 070520213.69%
6.17% Govt Stock 20212.68%
6.18% Govt Stock 20242.28%
Housing Development Finance Corporation Limited2.25%
Muthoot Finance Limited1.92%
Power Grid Corporation of India Limited1.89%
Mahindra & Mahindra Financial Services Limited1.84%

About SBI Magnum Low Duration Fund

SBI Magnum Low Duration Fund is an open-ended short-duration debt instruments. These instruments are chosen such that the Macaulay duration of the portfolio must be between 6 months and 12 months. The fund generates regular income with a reasonable level of liquidity.

Pros and Cons of SBI Magnum Low Duration Fund

SBI Magnum Low Duration Fund offers attractive risk-adjusted returns through active management of credit risk and interest rate risk in the portfolio. A zero exit load makes the fund much more attractive.

Fund Information and Statistics

i) Inception/Launch Date SBI Magnum Low Duration Fund was rolled out on 27 July 2007.

ii) Risk level The fund is suitable for investors with moderately low risk appetite.

iii) Redemption SBI Magnum Low Duration Fund has no lock-in period. Since there is no entry/exit load as well, your cost of redemption will not be high.

iv) Fund Manager Mr Rajeev Radhakrishnan has been managing the fund scheme since June 2008.

v) Entry/Exit Load Similar to no entry load, the SBI Magnum Low Duration Fund does not include an exit load.

About SBI Funds Management

Though SBI Mutual Fund was set up on 29 June 1987, the asset management company—SBI Funds Management Private Limited was incorporated on 7 February 1992. State Bank of India is the sponsor for the fund house and SBI Mutual Fund Trustee Company Private Limited is the trustee. The fund house offers approximately 61 schemes across categories.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.5 Lakhs in a period of 20 years
Low to 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