NAV as on 31-03-2025
₹ 3557.72
▲0.1%
1D
Inception Returns
7.5%
/yr
SBI Magnum Low Duration 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 Low Duration Fund Direct Growth has given a CAGR return of 7.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.90%, 6.94% and 6.24% respectively.
SBI Magnum Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 07.03 CG Sdl 2026, TRent Limited, India Grid TRust, 7.3% Govt Stock 2028, L&T Metro Rail (Hyderabad) Limited
As it is a low duration 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 investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.43% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹13304 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 164.23% |
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 | Low to Moderate Risk |
as on (31-Mar-25)
as on (31-Dec-69)
Top 2 Sectors in February were Corporate, Government
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SBI Magnum Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.9% | 7.9% |
3 Years Returns | 22.31% | 6.94% |
5 Years Returns | 35.37% | 6.24% |
AAA | 90.56 |
AA | 9.44 |