Sbi Magnum Income Fund - 1998 - Idcw Payout

Debt Generate Interest income and beat FD returns
Medium to Long Duration Fund
Category Rank
Sbi Magnum Income Fund - 1998 - Idcw Payout
Rating
Fund
Time to Invest
Sbi Magnum Income Fund - 1998 - Idcw Payout
NAV
14.5254
(17/06/2021)
L 52Wk H
13.55
14.55
Login using to know what your Friends are Investing !

Sbi Magnum Income Fund - 1998 - Idcw Payout

Debt
Medium to Long Duration Fund
Generate Interest income and beat FD returns
Rank Sbi Magnum Income Fund - 1998 - Idcw Payout
Fund
NAV
14.5254
(17/06/2021)
Time to Invest
Sbi Magnum Income Fund - 1998 - Idcw Payout
Rating
L 52Wk H
13.55
14.55
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 Medium to Long Term Debt Index
Returns
Absolute
1M
0.54%
3M
2.30%
6M
1.62%
Annualised
1Y
7.09%
3Y
8.70%
5Y
7.33%
Historical NAV
NAV for scheme SBI Magnum Income Fund - Regular Plan - IDCW Payout 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 - Idcw Payout

AUM

1732.96 Cr
Sbi Magnum Income Fund - 1998 - Idcw Payout AUM is 111% 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

1.46%
Sbi Magnum Income Fund - 1998 - Idcw Payout Expense Ratio is 56% lower than other schemes in the category

Turnover Ratio

NA