SBI Magnum Income Fund - Direct Plan
To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.
Suitability
This product is suitable for investors who are seeking• Regular income for medium term• Investment in Debt/Money Market/ Corporate Bonds/ Government securities.
Fund Info
| Scheme Class | Debt |
| Scheme Category | Medium to Long Duration |
| Benchmark Type | CRISIL Composite Bond Fund TR INR |
| Expense Ratio | 0.87% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 1,222 |
| AMC AUM (in Crs.) | ₹ 2,83,807 |
| Min Addition Subscription | ₹ 1,000 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| 7.26% Govt Stock 2029 | Bond - Gov't Treasury | 24 |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | 8 |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | 5 |
| STATE BANK OF INDIA | Bond - Corporate Bond | 5 |
| Ahmedabad-Maliya Tollway Limited | Bond - Corporate Bond | 5 |
| EMBASSY OFFICE PARKS REIT | Bond - Corporate Bond | 4 |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | 4 |
| POWER FINANCE CORPORATION LIMITED | Bond - Corporate Bond | 4 |
| ICICI Bank Limited | Bond - Corporate Bond | 4 |
| Tata Motors Limited (Earlier Tata Engineering And Locomotive Co. Ltd) | Bond - Corporate Bond | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Bond - Corporate Bond | 66 |
| Bond - Gov't Treasury | 29 |
| Cash - Repurchase Agreement | 3 |
| Cash | 2 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Bond - Corporate Bond | 66 |
| Bond - Gov't Treasury | 29 |
| Cash - Repurchase Agreement | 3 |
| Cash | 2 |
SBI Mutual Fund
AUM₹2,83,807 Cr
About
With a robust and wealthy history of the State Bank of India cluster, SBI Funds Management Pvt. Ltd. has been serving to millions of investors through their years of experience. With a wide network of over 222 service points across India, SBI has been delivering to value and create trust amongst investors. They have systematically delivered the optimum worth to its investors over the years. SBI Funds Management company has joined the key players within the Indian investment trust business with an array of funds in multiple sectors like money establishments, native and international quality management corporations, pension funds, etc. SBI MF has conjointly unified end-to-end made-to-order quality management product for establishments, discretionary and non-discretionary portfolio management services.##SBI Funds Management has been effectively managing and guiding Indias dedicated offshore funds since 1988. SBI Funds Management is famed because it was the 1st bank to come up with ‘SBI Resurgent Asian nation Opportunities Fund. The target for these funds was to supply investors with never-before opportunities in semi-permanent growth in capital in a very kind of stocks of Indian corporations.
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Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m