SBI Magnum Ultra Short Duration Fund Direct Plan Growth
- 6.79%
- (+1.35)4777.6333
Min amount: ₹1,000
Calculate Returns
₹0 in a period of 20 years
- Fund Summary
- More about Fund
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 6.79% |
| 3 Years | 6.59% |
| 1 Year | 3.88% |
| 6 Months | 1.92% |
| Fund Details | |
|---|---|
| ISIN | INF200K01TF5 |
| Risk | Low to Moderate Risk |
| Fund Type | Ultra Short Duration |
| NAV | 4777.6333 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 91 DTB 09092021 | 8.18% |
| National Housing Bank | 6.96% |
| 182 DTB 12112021 | 6.1% |
| Rural Electrification Corporation Limited | 5.21% |
| Housing Development Finance Corporation Limited | 4.07% |
| Ultratech Cement Limited | 4.01% |
| 8.20% Govt Stock 2022 | 3.38% |
| 8.79% Govt Stock 2021 | 3.35% |
| Mahindra & Mahindra Financial Services Limited | 3.18% |
| Reliance Industries Limited | 2.92% |
About SBI Magnum Ultra Short Duration Fund - Direct Plan - Growth
The fund is an open-ended ultra-short-term debt scheme that invests in instruments with a Macaulay duration between 3 months and 6 months. It comes with a high degree of liquidity options and tries to generate regular income.
Pros and Cons of SBI Magnum Ultra Short Duration Fund - Direct Plan - Growth
Exit load is not applicable.
Fund Information and Statistics
i) Inception/Launch Date
The scheme was launched on 21 May 1999.
ii) Risk Level
A low risk is associated with the scheme as it invests primarily in debt and money market instruments.
iii) Redemption
Investors can redeem the fund units at any time since there are no lock-in restrictions on the principal without having to consider any additional charges, such as exit load.
iv) Fund Manager
The current Fund Manager for the scheme is Mr Rajeev Radhakrishnan.
v) Entry/Exit Load
Entry and exit loads are not charged.
About SBI Mutual Fund
SBI Mutual Fund is one of the oldest fund houses in India that was set up on 29 June 1987. The fund house registered itself with SEBI on 23 December 1993. The sponsor for the fund house is State Bank of India and the trustee company is SBI Mutual Fund Trustee Company Private Limited.
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Min amount: ₹1,000
Calculate Returns
₹0 in a period of 20 years
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