Sbi Magnum Income Fund - 1998 - Dividend Reinvestment

Debt Generate Interest income and beat FD returns
Medium to Long Duration Fund
Category Rank
Sbi Magnum Income Fund - 1998 - Dividend Reinvestment
Rating
Fund
Time to Invest
Sbi Magnum Income Fund - 1998 - Dividend Reinvestment
NAV
12.8446
(19/09/2019)
L 52Wk H
11.91
12.85
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Sbi Magnum Income Fund - 1998 - Dividend Reinvestment

Debt
Medium to Long Duration Fund
Generate Interest income and beat FD returns
Rank Sbi Magnum Income Fund - 1998 - Dividend Reinvestment
Fund
NAV
12.8446
(19/09/2019)
Time to Invest
Sbi Magnum Income Fund - 1998 - Dividend Reinvestment
Rating
L 52Wk H
11.91
12.85
Investment Objective

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. .

Category
  • Debt - Medium to Long Duration Fund
Benchmark
  • Crisil 10 Yr Gilt Index
  • CRISIL Medium to Long Term Debt Index
Returns
1M
1.20%
3M
2.77%
6M
5.89%
1Y
9.83%
3Y
5.73%
5Y
6.95%
Historical NAV
NAV for scheme SBI Magnum Income Fund-REGULAR PLAN - Half Yearly- Dividend is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Sbi Magnum Income Fund - 1998 - Dividend Reinvestment

AUM

1204.30 Cr
Sbi Magnum Income Fund - 1998 - Dividend Reinvestment AUM is 56% higher than other schemes in the category

Load

Entry Load - NIL
Exit Load - Nil for 10% of investment and 1% for remaining Investment on or before 1Y Nil after 1Y
Lock In Period - NIL

Expense Ratio

1.47%
Sbi Magnum Income Fund - 1998 - Dividend Reinvestment Expense Ratio is 54% lower than other schemes in the category

Turnover Ratio

NA