SBI Magnum Medium Duration Fund Direct

Scheme Type
Open-ended
Scheme Category
Income
Benchmark Type
Crisil MIP Blended Index
Scheme AUM (in Crs.)
₹ 1599.06
Expense Ratio
0.57%
Scheme Class
Debt
AMC AUM (in Crs.)
₹ 264353
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
33.0816
(-0.06 %)
NAV as on 2019-01-18
Returns
Fund
SBI Magnum Medium Duration Fund Direct
1 Year
6.94%
3 Year
10.14%
5 Year
10.98%
AMC Details
amc launch date
Launch Date
29 Jun 1987
amc sponsor
Sponsor
NA
amc email
Email
partnerforlife@sbimf.com
amc phone
Phone
022 - 61793000
amc address
Address
191"E", Maker Tower,Cuffe Parade, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderate
Exit Load
For units in excess of 8% of the investment,1.50% will be charged for redemption within 12 months
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 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
• Long term capital appreciation and current income
• investment in equity and equity related instruments as well as fixed income securities (debt and money market securities).
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,123
Portfolio Value
123
Total Returns