SBI Magnum Income Fund Direct Growth
DebtMedium to Long DurationModerately High risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,863 Cr
Expense Ratio
0.78%
ISIN
INF200K01SR2
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹72.72, Assets Under Management (AUM) of 1862.89 Crores, and an expense ratio of 0.78%.
- SBI Magnum Income Fund Direct Growth has given a CAGR return of 8.17% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 93.93% in debts, and 5.82% in cash & cash equivalents.
- You can start investing in SBI Magnum Income Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.78%
+8.25% (Cat Avg.)
3 Years
+6.72%
+5.87% (Cat Avg.)
5 Years
+7.63%
+6.01% (Cat Avg.)
10 Years
+8.23%
+5.94% (Cat Avg.)
Since Inception
+8.17%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹1,749.77 Cr | 93.93% |
| Others | ₹113.13 Cr | 6.07% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹284.62 Cr | 15.28% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹282.62 Cr | 15.17% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹281.17 Cr | 15.09% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹145.88 Cr | 7.83% |
| Torrent Power Limited | Bond - Corporate Bond | ₹77.51 Cr | 4.16% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹76.67 Cr | 4.12% |
| Treps | Cash - Repurchase Agreement | ₹75.52 Cr | 4.05% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹75.31 Cr | 4.04% |
| Renew Solar Energy (Jharkhand Five) Private Limited | Bond - Corporate Bond | ₹74.1 Cr | 3.98% |
| Indostar Capital Finance Ltd. | Bond - Corporate Bond | ₹58.98 Cr | 3.17% |
| Avanse Financial Services Ltd. | Bond - Corporate Bond | ₹55.05 Cr | 2.96% |
| Jm Financial Credit Solutions Limited | Bond - Corporate Bond | ₹50.47 Cr | 2.71% |
| Bank Of Baroda( Tier Ii Bond Under Basel Iii ) | Bond - Corporate Bond | ₹50.3 Cr | 2.70% |
| Tata Power Renewable Energy Ltd. (Guaranteed By Tata Power Ltd.) | Bond - Corporate Bond | ₹50.26 Cr | 2.70% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.19 Cr | 2.69% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹33.85 Cr | 1.82% |
| Net Receivable / Payable | Cash - Collateral | ₹32.98 Cr | 1.77% |
| Poonawalla Housing Finance Limited | Bond - Corporate Bond | ₹30.02 Cr | 1.61% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.32 Cr | 1.36% |
| Aadhar Housing Finance Ltd | Bond - Corporate Bond | ₹25.07 Cr | 1.35% |
| Jindal Stainless Limited | Bond - Corporate Bond | ₹22.38 Cr | 1.20% |
| Corporate Debt Market Development Fund-A2 | Mutual Fund - Open End | ₹4.63 Cr | 0.25% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹1,070.96 Cr | 57.49% |
| Bond - Corporate Bond | ₹678.81 Cr | 36.44% |
| Cash - Repurchase Agreement | ₹75.52 Cr | 4.05% |
| Cash - Collateral | ₹32.98 Cr | 1.77% |
| Mutual Fund - Open End | ₹4.63 Cr | 0.25% |
Risk & Performance Ratios
Standard Deviation
This fund
1.82%
Cat. avg.
2.54%
Lower the better
Sharpe Ratio
This fund
0.25
Cat. avg.
-0.20
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.16
Higher the better
Fund Managers
Lokesh Mallya
Since December 2023
Pradeep Kesavan
Since December 2023
Adesh Sharma
Since December 2023
Additional Scheme Detailsas of 15th December 2024
ISIN INF200K01SR2 | Expense Ratio 0.78% | Exit Load 1.00% | Fund Size ₹1,863 Cr | Age 11 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Medium Long Dur Debt A-III TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Medium to Long Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Bond Fund - Income Plan Regular Growth Moderate Risk | 2.0% | 1.0% | ₹483.32 Cr | 4.0% |
| UTI Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹314.19 Cr | 8.4% |
| HDFC Income Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹862.48 Cr | 8.8% |
| Nippon India Income Fund Regular Growth Moderate Risk | 1.5% | 0.0% | ₹394.77 Cr | 7.9% |
| ICICI Prudential Bond Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹3084.19 Cr | 8.6% |
| SBI Magnum Income Fund Regular Growth Moderately High risk | 1.5% | 1.0% | ₹1862.89 Cr | 8.0% |
| Canara Robeco Income Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹120.49 Cr | 7.5% |
| HSBC Medium to Long Duration Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹49.74 Cr | 7.4% |
| Kotak Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹2083.62 Cr | 8.2% |
| JM Medium to Long Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹27.50 Cr | 7.9% |
About the AMC
SBI Mutual Fund
Total AUM
₹10,85,623 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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- Lokesh Mallya
- Pradeep Kesavan
- Adesh Sharma
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