SBI Magnum Medium Duration Fund Direct Growth - Regular - Latest NAV [ ₹43.013 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Medium Duration Fund Direct Growth

  • highlight
    9.26%
  • highlight
    (-0.01)43.013

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 Years9.26%
3 Years10.17%
1 Year5.79%
6 Months3.29%
Fund Details
ISININF200K01VB0
RiskModerately High risk
Fund TypeMedium Duration
NAV43.013
Exit Load1.5% for 365 Days

More about this fundstar

Top HoldingsWeightage
6.10% Govt Stock 203112.76%
5.63% Govt Stock 20268.11%
State Bank Of India3.86%
Net Receivable / Payable3.63%
Indinfravit Trust3.55%
Indian Bank3.45%
Muthoot Finance Limited2.67%
GOVT STOCK2.63%
Flometallic India Private Limited2.51%
Mahindra Rural Housing Finance Limited2.36%

About SBI Magnum Medium Duration Fund - Direct Plan - Growth

The main objective of SBI Magnum Medium Duration Fund is to provide returns in by investing in securities across debt and money markets. The fund manager will ensure that the Macaulay duration of the overall portfolio is 3 to 4 years.

Pros and Cons of SBI Magnum Medium Duration Fund - Direct Plan - Growth

The biggest advantage of investing in SBI Magnum Medium Duration Fund is that you get exposure to a portfolio which is constituted by including debt and money market securities. This fund is suitable for those whose investment horizon is between 3 to 4 years. On the flip side, the returns offered by this cannot be compared with that of an equity fund during a market high.

Fund Information and Statistics

i) Inception/Launch Date

SBI Magnum Medium Duration Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

SBI Magnum Medium Duration Fund is categorised under ‘moderate risk’ class of mutual funds by SBI Mutual Fund. However, it is less risky as compared to a hybrid mutual fund scheme.

iii) Redemption

Since SBI Magnum Medium Duration Fund is an open-ended mutual fund scheme, you can redeem your investment at any time.

iv) Fund Manager

SBI Magnum Medium Duration Fund is currently being managed by Mr Dinesh Ahuja.

v) Entry/Exit Load

There is no entry load as per the norms of the Securities and Exchange Board of India (SEBI). An exit load of 1.5% would be applicable on units in excess of 8% if redeemed within 365 days from the date of allotment. No exit load applies after 365 days.

About SBI Mutual Fund

SBI Mutual Fund is a result of the joint venture between State Bank of India (SBI) and AMUNDI, France back in the year 1987. The fund house registered with the Indian securities market regulator with SBI Mutual Fund Trustee Company Private Limited as its trustee and State Bank of India as the sponsor. As of June 2020, the fund house had assets of worth a whopping Rs 3.64 lakh crore, which makes it one of the largest asset management companies (AMC) in the country.

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Min amount: ₹1,000

Calculate Returns

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