SBI Magnum Income Fund - Direct (G)


Medium to Long Duration Fund
SIP Lumpsum
  • NAV 72.84 (0.03%)
  • Fund Size (Cr) ₹1807.38
  • Expense Ratio 0.78
  • Scheme Type Active Fund
  • Value Research Stars
SIP Lumpsum
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 8.22%

Basic Details

Scheme Manager
Lokesh Mallya
Bench Mark
CRISIL Medium to Long Duration Debt A-III Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 27-Nov-24
  • 10056.83
  • 0.57%
  • -
  • 0.64%
  • 69/90
  • 1 Month
  • 04-Nov-24
  • 10083.94
  • 0.84%
  • -
  • 0.83%
  • 44/90
  • 3 Month
  • 04-Sep-24
  • 10228.83
  • 2.29%
  • -
  • 2.02%
  • 14/86
  • 6 Month
  • 04-Jun-24
  • 10515.39
  • 5.15%
  • -
  • 4.96%
  • 29/86
  • 1 Year
  • 04-Dec-23
  • 10968.26
  • 9.68%
  • 9.68%
  • 9.68%
  • 43/86
  • 3 Year
  • 03-Dec-21
  • 12176.75
  • 21.77%
  • 6.79%
  • 6.12%
  • 19/82
  • 5 Year
  • 04-Dec-19
  • 14446.53
  • 44.47%
  • 7.63%
  • 6.36%
  • 4/82
  • Since Inception
  • 02-Jan-13
  • 25650.73
  • 156.51%
  • 8.22%
  • 7.03%
  • 11/90

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 120000
  • 125261.63
  • 4.38%
  • 4.38%
  • 3 Year
  • 03-Jan-22
  • 360000
  • 406152.25
  • 12.82%
  • 4.10%
  • 5 Year
  • 01-Jan-20
  • 600000
  • 717458.05
  • 19.58%
  • 3.64%
  • 10 Year
  • 01-Jan-15
  • 1200000
  • 1797835.12
  • 49.82%
  • 4.13%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.53%
  • Beta
    0.06%
  • Sharpe Ratio
    -0.07%
  • Treynor’s Ratio
    0.65%
  • Jension’s Alpha
    -0.36%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Torrent Power
  • 4.27%
  • 7500
  • 77.30
  • Corporate Debts
  • Debt Others
  • Godrej Propert.
  • 4.16%
  • 7500
  • 75.20
  • Corporate Debts
  • Debt Others
  • Renew Solar Ener
  • 4.1%
  • 7500
  • 74.08
  • Corporate Debts
  • Debt Others
  • Indostar Capital
  • 3.26%
  • 5900
  • 58.98
  • Corporate Debts
  • Debt Others
  • Avanse Fin. Ser.
  • 3.04%
  • 5500
  • 55.05
  • Corporate Debts
  • Debt Others
  • JM Finan. Credit
  • 2.79%
  • 5000
  • 50.42
  • Corporate Debts
  • Debt Others
  • Bharti Telecom
  • 2.78%
  • 500
  • 50.20
  • Corporate Debts
  • Debt Others
  • Tata Power Rene.
  • 2.77%
  • 5000
  • 50.09
  • Corporate Debts
  • Debt Others
  • Bank of Baroda
  • 2.76%
  • 50
  • 49.98
  • Corporate Debts
  • Debt Others
  • JM Fin. Ass. Re.
  • 1.87%
  • 4500
  • 33.84
  • Corporate Debts
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • SBI Magnum Income Fund - Direct (G)
  • Stars
  • 1807.38
  • 0.84%
  • 2.29%
  • 5.15%
  • 9.68%
  • 6.79%
  • LIC MF Medium to Long Duration Fund-Dir (G)
  • Stars
  • 180.02
  • 0.78%
  • 2.43%
  • 5.57%
  • 10.96%
  • 6.80%
  • LIC MF Medium to Long Duration Fund-Dir (IDCW-A)
  • Stars
  • 180.02
  • 0.78%
  • 2.43%
  • 5.57%
  • 10.96%
  • -
  • LIC MF Medium to Long Duration Fund-Dir (IDCW-Q)
  • Stars
  • 180.02
  • 0.78%
  • 2.43%
  • 5.57%
  • 10.96%
  • -
  • LIC MF Medium to Long Duration Fund-Dir (IDCW)
  • Stars
  • 180.02
  • 0.78%
  • 2.43%
  • 5.57%
  • 10.95%
  • 6.79%
  • Kotak Bond Fund - Direct (IDCW-Standard)
  • Stars
  • 2221.04
  • 0.87%
  • 2.17%
  • 5.36%
  • 10.55%
  • 6.63%

News

  • SBI Mutual Fund announces change in Key Personnel SBI Mutual Fund has announced that Mr. Nand Kishore has been appointed as a Managing Director & CEO on the Board of SBI Management Company Ltd. effective November 23, 2024.

    Details of Mr. Nand Kishore

    Age: 58 years

    Designation: (Managing Director & CEO)

    Qualification: B.A, CAIIB

    Powered by Capital Market - Live News

  • SBI Nifty 500 Index Fund announces Extension of NFO period SBI Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

    Name of the Scheme Existing closing date of NFO Revised closing date of NFO
    SBI Nifty 500 Index Fund 24 September 2024 26 September 2024

    Powered by Capital Market - Live News

  • SBI Mutual Fund announces change in Exit Load Structure SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 August 2024

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    SBI Magnum Medium Duration Fund For Exit Within 12 months from the date of amount:
    For 8% of investment:NILL
    For remaining investment: 1.5%

    For exit after 12 months from the date of allotment - Nil

    		For exit within 3 months from the date of allotment: 1%

    For exit after 3 months from the date of allotment - Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹1808.18

SBI Magnum Income Fund - Direct (G) is an Medium to Long Duration Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in Jan 2013, this fund is managed by Lokesh Mallya. With assets under management (AUM) worth ₹1808.18 (Cr), as of 05-Dec-2024, SBI Magnum Income Fund - Direct (G) is categorized as a Medium to Long Duration Fund within its segment. The fund has generated a return of 8.22% since its launch.
The current NAV of SBI Magnum Income Fund - Direct (G) is ₹72.84, as on 05-Dec-2024. The fund’s benchmark index is CRISIL Medium to Long Duration Debt A-III Index. You can invest in SBI Magnum Income Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For exit within one year from the date of allotment for 10% of investment - Nil For exit after one Year from the date of allotment - 1.00%. For exit after one Year from the date of allotment - NIL.
The fund has generated 6.79% and 7.63% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 98.64% in Debt and 1.36% in cash and cash equivalents

FAQs on SBI Magnum Income Fund - Direct (G)

SBI Magnum Income Fund - Direct (G) is a popular fund in the Medium to Long Duration Fund segment. The fund has generated a return of 8.22% since inception. Looking to invest in SBI Magnum Income Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Magnum Income Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Magnum Income Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Magnum Income Fund - Direct (G) today and reap the benefits of this Medium to Long Duration Fund fund!

In the short term, i.e., 1 year, SBI Magnum Income Fund - Direct (G) has generated annualised return of 9.68%. In the long-term, the fund has generated 6.79% and 7.63% in 3 and 5 years respectively. Since its inception, the fund has generated 8.22% returns.

The expense ratio of SBI Magnum Income Fund - Direct (G) Direct Growth is 0.78%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of SBI Magnum Income Fund - Direct (G) is ₹1808.18 (Cr) as of 05 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of SBI Magnum Income Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Magnum Income Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Magnum Income Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in SBI Magnum Income Fund - Direct (G). Minimum lumpsum investment SBI Magnum Income Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of SBI Magnum Income Fund - Direct (G) is ₹72.84 as on 05 December 2024.

The 5 biggest stock holdings of SBI Magnum Income Fund - Direct (G) are:
Torrent Power (4.27%), Godrej Propert. (4.16%), Renew Solar Ener (4.1%), Indostar Capital (3.26%), Avanse Fin. Ser. (3.04%)

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