NAV as on 31-03-2025
₹ 69.1
▲0.3%
1D
Inception Returns
9.4%
/yr
SBI Magnum Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
SBI Magnum Gilt Fund Direct Growth has given a CAGR return of 9.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.46%, 8.33% and 7.34% respectively.
SBI Magnum Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 6.79% Government Of India (07/10/2034), 7.3% Govt Stock 2053, 7.22% State Government Of Haryana 2038, 7.13% State Government Of Karnataka 2041
As it is a government bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
To provide returns to the investors generated through investments in Government securities issued by the Central Government and/or State Government(s).
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Gilt Fund Direct Growth has no lock in period.
Expense ratio | 0.46% |
Benchmark | ICICI Securities Mibex TR INR |
AUM | ₹11257 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 610.48% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (31-Mar-25)
as on (31-Dec-69)
Top Sector in February was Government
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SBI Magnum Gilt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.51% | 2.51% |
6 Month Returns | 3.73% | 3.73% |
1 Year Returns | 9.46% | 9.46% |
3 Years Returns | 27.12% | 8.33% |
5 Years Returns | 42.52% | 7.34% |
AAA | 100 |