Sbi Magnum Income Fund - 1998 - Idcw Reinvestment

Debt Generate Interest income and beat FD returns
Medium to Long Duration Fund
Category Rank
Sbi Magnum Income Fund - 1998 - Idcw Reinvestment
Rating
Fund
Time to Invest
Sbi Magnum Income Fund - 1998 - Idcw Reinvestment
NAV
14.8886
(08/08/2022)
L 52Wk H
14.61
14.97
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Sbi Magnum Income Fund - 1998 - Idcw Reinvestment

Debt
Medium to Long Duration Fund
Generate Interest income and beat FD returns
Rank Sbi Magnum Income Fund - 1998 - Idcw Reinvestment
Fund
NAV
14.8886
(08/08/2022)
Time to Invest
Sbi Magnum Income Fund - 1998 - Idcw Reinvestment
Rating
L 52Wk H
14.61
14.97
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
0.59%
3M
1.89%
6M
0.76%
Annualised
1Y
1.78%
3Y
6.07%
5Y
5.33%
Historical NAV
NAV for scheme SBI Magnum Income Fund - Regular Plan - Half Yearly - Income Distribution cum Capital Withdrawal Option (IDCW) 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 Reinvestment

AUM

1528.82 Cr
Sbi Magnum Income Fund - 1998 - Idcw Reinvestment AUM is 119% 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%

Turnover Ratio

NA