SBI Magnum Low Duration Fund Direct Growth
NAV as on 24-04-2025
₹ 3589.31
Inception Returns
7.5%
/yr
Historical NAV & Returns
About SBI Magnum Low Duration Fund Direct Growth
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.
Key Parameters
- SBI Magnum Low Duration Fund Direct Growth has ₹14392 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
SBI Magnum Low Duration Fund Direct Growth has given a CAGR return of 7.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.29%, 7.19% and 6.27% respectively.
Holdings
SBI Magnum Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.03 CG Sdl 2026, TRent Limited, HDFC Bank Ltd., Indigrid Infrastructure Trust, 7.3% Govt Stock 2028
Taxation
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.
Investment objective of SBI Magnum Low Duration Fund Direct Growth
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 and lockin period
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.
SBI Magnum Low Duration Fund Direct Growth Overview
| Expense ratio | 0.43% |
Benchmark | Crisil Low Duration Debt TR INR |
| AUM | ₹14392 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 |
Trailing Returns
as on (24-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 14.4K Cr as of Mar'25
- AUM increased by 2.1K Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.03 CG Sdl 2026 | 5.82% | 0% | |
TRent Limited | 3.34% | 0% | |
HDFC Bank Ltd. | 3.2% | 0% | |
Indigrid Infrastructure Trust | 2.63% | 0% | |
7.3% Govt Stock 2028 | 2.57% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Magnum Low Duration Fund Direct Growth | 8.29% | 7.19% | 6.27% | 7.49% |
 Kotak Low Duration Fund- Direct Plan- Growth Option | 8.58% | 7.4% | 6.79% | 8% |
 HDFC Low Duration Direct Plan Growth Option | 8.45% | 7.44% | 6.84% | 7.76% |
 Aditya Birla Sun Life Low Duration Direct Plan Growth | 8.38% | 7.41% | 6.77% | 8.03% |
Mutual Fund Insights
SBI Magnum Low Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹14392 Cr
Expense Ratio 0.43%
More funds from SBI
1Y CAGR
▲ 13.42
1Y CAGR
▲ 13.38
5Y CAGR
▲ 7.33
5Y CAGR
▲ 6.45
5Y CAGR
▲ 7.04
Frequently Asked Questions for SBI Magnum Low Duration Fund Direct Growth
SBI Magnum Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.26% | 1.26% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.29% | 8.29% |
3 Years Returns | 23.15% | 7.19% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 92.88 |
AA | 7.12 |