SBI Magnum Income Fund Direct Growth
DebtMedium to Long DurationModerately High risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,781 Cr
Expense Ratio
0.78%
ISIN
INF200K01SR2
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹70.42, Assets Under Management (AUM) of 1780.99 Crores, and an expense ratio of 0.78%.
- SBI Magnum Income Fund Direct Growth has given a CAGR return of 8.17% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.55% in debts, and 3.19% in cash & cash equivalents.
- You can start investing in SBI Magnum Income Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.02%
+6.57% (Cat Avg.)
3 Years
+6.29%
+5.48% (Cat Avg.)
5 Years
+7.71%
+5.42% (Cat Avg.)
10 Years
+8.54%
+6.18% (Cat Avg.)
Since Inception
+8.17%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹1,719.6 Cr | 96.55% |
| Others | ₹61.39 Cr | 3.45% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹292.39 Cr | 16.42% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹277.85 Cr | 15.60% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹152.88 Cr | 8.58% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹102 Cr | 5.73% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹101.03 Cr | 5.67% |
| Torrent Power Limited | Bond - Corporate Bond | ₹76.15 Cr | 4.28% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹74.96 Cr | 4.21% |
| Tata Housing Development Company Limited | Bond - Corporate Bond | ₹65.05 Cr | 3.65% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹61.95 Cr | 3.48% |
| Uttar Pradesh (Government of) 7.52% | Bond - Sub-sovereign Government Debt | ₹60.84 Cr | 3.42% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹58.72 Cr | 3.30% |
| Avanse Financial Services Limited | Bond - Corporate Bond | ₹55.15 Cr | 3.10% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.06 Cr | 2.81% |
| Jm Financial Credit Solutions Limited | Bond - Corporate Bond | ₹49.41 Cr | 2.77% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹44.87 Cr | 2.52% |
| Jindal Stainless Limited | Bond - Corporate Bond | ₹43.82 Cr | 2.46% |
| Net Receivable / Payable | Cash - Collateral | ₹38.34 Cr | 2.15% |
| Poonawalla Housing Finance Limited | Bond - Corporate Bond | ₹30.03 Cr | 1.69% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹27.2 Cr | 1.53% |
| Aadhar Housing Finance Ltd | Bond - Corporate Bond | ₹25.1 Cr | 1.41% |
| Tata Projects Limited | Bond - Corporate Bond | ₹25.06 Cr | 1.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.89 Cr | 1.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹20.19 Cr | 1.13% |
| Treps | Cash - Repurchase Agreement | ₹18.5 Cr | 1.04% |
| Corporate Debt Market Development Fund-A2 | Mutual Fund - Open End | ₹4.55 Cr | 0.26% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹988.09 Cr | 55.48% |
| Bond - Corporate Bond | ₹670.66 Cr | 37.66% |
| Bond - Sub-sovereign Government Debt | ₹60.84 Cr | 3.42% |
| Cash - Collateral | ₹38.34 Cr | 2.15% |
| Cash - Repurchase Agreement | ₹18.5 Cr | 1.04% |
| Mutual Fund - Open End | ₹4.55 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
1.79%
Cat. avg.
2.72%
Lower the better
Sharpe Ratio
This fund
0.26
Cat. avg.
-0.25
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.12
Higher the better
Fund Managers
Rajeev Radhakrishnan
Since November 2023
Mohit Jain
Since November 2017
Additional Scheme Detailsas of 15th July 2024
ISIN | INF200K01SR2 | Expense Ratio | 0.78% | Exit Load | 1.00% | Fund Size | ₹1,781 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Medium Long Dur Debt A-III TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Medium to Long Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Bond Fund - Income Plan Regular Growth Moderate Risk | 2.0% | 1.0% | ₹489.60 Cr | 4.0% |
| UTI Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹301.30 Cr | 6.8% |
| HDFC Income Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹808.82 Cr | 7.7% |
| Nippon India Income Fund Regular Growth Moderate Risk | 1.5% | 0.0% | ₹334.99 Cr | 7.3% |
| ICICI Prudential Bond Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2967.33 Cr | 7.7% |
| SBI Magnum Income Fund Regular Growth Moderately High risk | 1.5% | 1.0% | ₹1780.99 Cr | 7.3% |
| Canara Robeco Income Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹116.00 Cr | 6.6% |
| HSBC Medium to Long Duration Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹45.99 Cr | 6.5% |
| Kotak Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹1982.14 Cr | 7.5% |
| JM Medium to Long Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹23.86 Cr | 7.0% |
About the AMC
Total AUM
₹9,74,502 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of SBI Magnum Income Fund Direct Growth?
What are the returns of SBI Magnum Income Fund Direct Growth?
What is the portfolio composition of SBI Magnum Income Fund Direct Growth?
Who manages the SBI Magnum Income Fund Direct Growth?
- Rajeev Radhakrishnan
- Mohit Jain
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.