SBI Magnum Ultra Short Duration Fund Direct Plan Growth - Regular - Latest NAV [ ₹4777.6333 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Ultra Short Duration Fund Direct Plan Growth

  • highlight
    6.79%
  • highlight
    (+1.35)4777.6333

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 Years6.79%
3 Years6.59%
1 Year3.88%
6 Months1.92%
Fund Details
ISININF200K01TF5
RiskLow to Moderate Risk
Fund TypeUltra Short Duration
NAV4777.6333
Exit Load--

More about this fundstar

Top HoldingsWeightage
91 DTB 090920218.18%
National Housing Bank6.96%
182 DTB 121120216.1%
Rural Electrification Corporation Limited5.21%
Housing Development Finance Corporation Limited4.07%
Ultratech Cement Limited4.01%
8.20% Govt Stock 20223.38%
8.79% Govt Stock 20213.35%
Mahindra & Mahindra Financial Services Limited3.18%
Reliance Industries Limited2.92%

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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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
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