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SBI Magnum Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (21-Nov-24)
₹3463.490.02%1D
Returns (Since Inception)
7.44%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹12,070 Cr
Expense Ratio
0.43%
ISIN
INF200K01VM7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
SBI Magnum Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3463.49, Assets Under Management (AUM) of 12069.53 Crores, and an expense ratio of 0.43%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3463.49, Assets Under Management (AUM) of 12069.53 Crores, and an expense ratio of 0.43%.
- SBI Magnum Low Duration Fund Direct Growth has given a CAGR return of 7.44% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 83.93% in debts, and 15.85% in cash & cash equivalents.
- You can start investing in SBI Magnum Low Duration 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
+7.93%
+6.86% (Cat Avg.)
3 Years
+6.48%
+5.82% (Cat Avg.)
5 Years
+6.14%
+5.80% (Cat Avg.)
10 Years
+7.12%
+5.68% (Cat Avg.)
Since Inception
+7.44%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹10,129.75 Cr | 83.93% |
| Others | ₹1,939.78 Cr | 16.07% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹1,511.23 Cr | 12.52% |
| TRent Limited | Bond - Corporate Bond | ₹485.42 Cr | 4.02% |
| Axis Bank Ltd. | Cash | ₹467.78 Cr | 3.88% |
| Larsen & Toubro Ltd. | Bond - Corporate Bond | ₹349.78 Cr | 2.90% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹322.7 Cr | 2.67% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹322.01 Cr | 2.67% |
| India Grid TRust | Bond - Corporate Bond | ₹299.73 Cr | 2.48% |
| Net Receivable / Payable | Cash - Collateral | ₹292.55 Cr | 2.42% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹275.21 Cr | 2.28% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹258.2 Cr | 2.14% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹254.94 Cr | 2.11% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹250.91 Cr | 2.08% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹249.56 Cr | 2.07% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹245.79 Cr | 2.04% |
| Cube Highways Trust | Bond - Corporate Bond | ₹240.26 Cr | 1.99% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹225.34 Cr | 1.87% |
| Treps | Cash - Repurchase Agreement | ₹220.24 Cr | 1.82% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹211.17 Cr | 1.75% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹205.18 Cr | 1.70% |
| Kotak Mahindra Bank Ltd. | Cash | ₹196.88 Cr | 1.63% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹190.32 Cr | 1.58% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹183.88 Cr | 1.52% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹178.06 Cr | 1.48% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹150.91 Cr | 1.25% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹150.61 Cr | 1.25% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹150.31 Cr | 1.25% |
| State Bank Of India | Bond - Corporate Bond | ₹145.01 Cr | 1.20% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹143.14 Cr | 1.19% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹125.5 Cr | 1.04% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹125.22 Cr | 1.04% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹125 Cr | 1.04% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.87 Cr | 1.03% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹124.82 Cr | 1.03% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹124.8 Cr | 1.03% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹100.31 Cr | 0.83% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹100.09 Cr | 0.83% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹100.05 Cr | 0.83% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹99.82 Cr | 0.83% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹99.68 Cr | 0.83% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.56 Cr | 0.82% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹99.55 Cr | 0.82% |
| Union Bank Of India | Cash | ₹98.8 Cr | 0.82% |
| National Bank For Agriculture And Rural Development | Cash | ₹98.8 Cr | 0.82% |
| Bank Of Baroda | Cash | ₹98.15 Cr | 0.81% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹98.12 Cr | 0.81% |
| Hdfc Credila Financial Services Pvt. Ltd. | Cash | ₹97.77 Cr | 0.81% |
| Motilal Oswal Financial Services Ltd. | Cash | ₹97.48 Cr | 0.81% |
| Indinfravit Trust | Bond - Corporate Bond | ₹96.73 Cr | 0.80% |
| Titan Company Limited | Bond - Corporate Bond | ₹95.09 Cr | 0.79% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹90.07 Cr | 0.75% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹80.11 Cr | 0.66% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹75.26 Cr | 0.62% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹74.99 Cr | 0.62% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹74.63 Cr | 0.62% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹65.12 Cr | 0.54% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹60.14 Cr | 0.50% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹59.03 Cr | 0.49% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹50.33 Cr | 0.42% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.18 Cr | 0.42% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.1 Cr | 0.42% |
| National Housing Bank | Bond - Corporate Bond | ₹50.03 Cr | 0.41% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.99 Cr | 0.41% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.86 Cr | 0.41% |
| John Deere Financial India Private Limited | Bond - Corporate Bond | ₹49.8 Cr | 0.41% |
| Tata Capital Limited | Bond - Corporate Bond | ₹49.77 Cr | 0.41% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹49.72 Cr | 0.41% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹48.85 Cr | 0.40% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹48.81 Cr | 0.40% |
| Cholamandalam Investment And Finance Co. Limited | Bond - Corporate Bond | ₹44.99 Cr | 0.37% |
| Rec Limited | Bond - Corporate Bond | ₹44.16 Cr | 0.37% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹36.95 Cr | 0.31% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹35.52 Cr | 0.29% |
| India Grid TRust | Bond - Corporate Bond | ₹34.9 Cr | 0.29% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹30.05 Cr | 0.25% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹30.01 Cr | 0.25% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹26.63 Cr | 0.22% |
| 08.14 MH Sdl 2025 | Bond - Gov't/Treasury | ₹25.19 Cr | 0.21% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.14 Cr | 0.21% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.21% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.03 Cr | 0.21% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.21% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.97 Cr | 0.21% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹24.97 Cr | 0.21% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.9 Cr | 0.21% |
| John Deere Financial India Private Limited | Bond - Corporate Bond | ₹24.78 Cr | 0.21% |
| Canara Bank | Cash | ₹24.71 Cr | 0.20% |
| Goi 12.10.2025 Gov | Bond - Gov't/Treasury | ₹2.42 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹8,184.86 Cr | 67.81% |
| Bond - Gov't/Treasury | ₹1,832.56 Cr | 15.18% |
| Cash | ₹1,180.36 Cr | 9.78% |
| Bond - Asset Backed | ₹332.33 Cr | 2.75% |
| Cash - Collateral | ₹292.55 Cr | 2.42% |
| Cash - Repurchase Agreement | ₹220.24 Cr | 1.82% |
| Mutual Fund - Open End | ₹26.63 Cr | 0.22% |
Risk & Performance Ratios
Standard Deviation
This fund
0.61%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
0.74
Cat. avg.
-0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.37
Higher the better
Fund Managers
RR
Rajeev Radhakrishnan
Since June 2008
AR
Arun R.
Since December 2023
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 15th November 2024
ISIN INF200K01VM7 | Expense Ratio 0.43% | Exit Load No Charges | Fund Size ₹12,070 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Low Duration Debt A-I 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 Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹578.67 Cr | 8.0% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹578.67 Cr | 7.2% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2587.66 Cr | 7.5% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹11241.26 Cr | 7.3% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1248.72 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17570.32 Cr | 7.5% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5529.40 Cr | 7.4% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹912.42 Cr | 7.4% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹21132.05 Cr | 8.0% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹395.54 Cr | 7.3% |
About the AMC
SBI Mutual Fund
Total AUM
₹11,20,990 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 Low to Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of SBI Magnum Low Duration Fund Direct Growth?
The NAV of SBI Magnum Low Duration Fund Direct Growth, as of 21-Nov-2024, is ₹3463.49.
What are the returns of SBI Magnum Low Duration Fund Direct Growth?
The fund has generated 7.93% over the last 1 year and 6.48% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of SBI Magnum Low Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 83.93% in bonds, and 15.85% in cash and cash equivalents.
Who manages the SBI Magnum Low Duration Fund Direct Growth?
The fund managers responsible for SBI Magnum Low Duration Fund Direct Growth are:-
- Rajeev Radhakrishnan
- Arun R.
- Pradeep Kesavan
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.