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SBI Magnum Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (21-Nov-24)
₹5810.320.03%1D
Returns (Since Inception)
7.21%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹11,751 Cr
Expense Ratio
0.31%
ISIN
INF200K01TF5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
SBI Magnum Ultra Short Duration Fund Direct Growth is a Ultra Short 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 ₹5810.32, Assets Under Management (AUM) of 11751.21 Crores, and an expense ratio of 0.31%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹5810.32, Assets Under Management (AUM) of 11751.21 Crores, and an expense ratio of 0.31%.
- SBI Magnum Ultra Short Duration Fund Direct Growth has given a CAGR return of 7.21% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 46.30% in debts, and 53.44% in cash & cash equivalents.
- You can start investing in SBI Magnum Ultra Short 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
+7.67%
+6.45% (Cat Avg.)
3 Years
+6.38%
+5.73% (Cat Avg.)
5 Years
+5.79%
+5.17% (Cat Avg.)
10 Years
+6.82%
+5.49% (Cat Avg.)
Since Inception
+7.21%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹5,440.75 Cr | 46.30% |
| Others | ₹6,310.46 Cr | 53.70% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹1,133.42 Cr | 9.65% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹495.63 Cr | 4.22% |
| Bank Of India | Cash | ₹488.68 Cr | 4.16% |
| Indusind Bank Ltd. | Cash | ₹472.73 Cr | 4.02% |
| Bharti Telecom Ltd. | Cash | ₹467.54 Cr | 3.98% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹419.15 Cr | 3.57% |
| Tata Teleservices (Maharastra) Ltd. | Cash | ₹399.69 Cr | 3.40% |
| Canara Bank | Cash | ₹394.21 Cr | 3.35% |
| Icici Bank Ltd. | Cash | ₹385.73 Cr | 3.28% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹383.89 Cr | 3.27% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹345.47 Cr | 2.94% |
| Bank Of Baroda | Cash | ₹319.43 Cr | 2.72% |
| Union Bank Of India | Cash | ₹317.36 Cr | 2.70% |
| Larsen & Toubro Ltd. | Bond - Corporate Bond | ₹299.81 Cr | 2.55% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹298.6 Cr | 2.54% |
| Mahindra & Mahindra Financial Services Ltd. | Cash | ₹297.95 Cr | 2.54% |
| Small Industries Development Bank Of India | Cash | ₹269.66 Cr | 2.29% |
| Equitas Small Finance Bank Ltd. | Cash | ₹248.82 Cr | 2.12% |
| Muthoot Finance Ltd. | Cash | ₹244.45 Cr | 2.08% |
| Rec Limited | Bond - Corporate Bond | ₹240.55 Cr | 2.05% |
| Treps | Cash - Repurchase Agreement | ₹237.47 Cr | 2.02% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹220.5 Cr | 1.88% |
| Net Receivable / Payable | Cash - Collateral | ₹217.21 Cr | 1.85% |
| 08.18 HR UDAY 2025 | Bond - Gov't Agency Debt | ₹211.47 Cr | 1.80% |
| 05.90 Ts SDL 2025 | Bond - Gov't/Treasury | ₹199.18 Cr | 1.69% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹199.09 Cr | 1.69% |
| Igh Holdings Pvt Ltd. | Cash | ₹190.69 Cr | 1.62% |
| Axis Bank Ltd. | Cash | ₹186.07 Cr | 1.58% |
| 07.38 RJ Sdl 2026 | Bond - Gov't/Treasury | ₹176.5 Cr | 1.50% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹173.76 Cr | 1.48% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹150.09 Cr | 1.28% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹149.82 Cr | 1.27% |
| Export-Import Bank Of India | Cash | ₹146.7 Cr | 1.25% |
| Icici Securities Primary Dealership Ltd. | Cash | ₹124.39 Cr | 1.06% |
| Kotak Mahindra Bank Ltd. | Cash | ₹122.38 Cr | 1.04% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹100.52 Cr | 0.86% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹98.97 Cr | 0.84% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹98.47 Cr | 0.84% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹84.82 Cr | 0.72% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹80.02 Cr | 0.68% |
| Punjab National Bank | Bond - Corporate Bond | ₹75.04 Cr | 0.64% |
| 08.43 RJ Sdl 2024 | Bond - Gov't/Treasury | ₹75.04 Cr | 0.64% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹74.31 Cr | 0.63% |
| 07.23 AP Sdl 2026 | Bond - Gov't/Treasury | ₹50.32 Cr | 0.43% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹49.99 Cr | 0.43% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹49.84 Cr | 0.42% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.83 Cr | 0.42% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.78 Cr | 0.42% |
| 07.42 AP Sdl 2026 | Bond - Gov't/Treasury | ₹35.35 Cr | 0.30% |
| Corporate Debt Mkt Devp. Fund-A2 | Mutual Fund - Open End | ₹30.15 Cr | 0.26% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹25.73 Cr | 0.22% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.21% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.97 Cr | 0.21% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.91 Cr | 0.21% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹10 Cr | 0.09% |
| 08.36 MP Sdl 2025 | Bond - Gov't/Treasury | ₹5.05 Cr | 0.04% |
| Tata Capital Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹5,076.47 Cr | 43.20% |
| Bond - Corporate Bond | ₹4,218.76 Cr | 35.90% |
| Bond - Gov't/Treasury | ₹1,759.68 Cr | 14.97% |
| Cash - Repurchase Agreement | ₹237.47 Cr | 2.02% |
| Cash - Collateral | ₹217.21 Cr | 1.85% |
| Bond - Gov't Agency Debt | ₹211.47 Cr | 1.80% |
| Mutual Fund - Open End | ₹30.15 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
0.52%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
0.61
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
AR
Arun R.
Since June 2021
Ardhendu Bhattacharya
Since December 2023
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 15th November 2024
ISIN INF200K01TF5 | Expense Ratio 0.31% | Exit Load No Charges | Fund Size ₹11,751 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra Short Durtn 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹627.14 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1304.45 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1304.45 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹246.19 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹246.19 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.30 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹8313.36 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
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 Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of SBI Magnum Ultra Short Duration Fund Direct Growth?
The NAV of SBI Magnum Ultra Short Duration Fund Direct Growth, as of 21-Nov-2024, is ₹5810.32.
What are the returns of SBI Magnum Ultra Short Duration Fund Direct Growth?
The fund has generated 7.67% over the last 1 year and 6.38% 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 Ultra Short Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 46.30% in bonds, and 53.44% in cash and cash equivalents.
Who manages the SBI Magnum Ultra Short Duration Fund Direct Growth?
The fund managers responsible for SBI Magnum Ultra Short Duration Fund Direct Growth are:-
- Arun R.
- Ardhendu Bhattacharya
- 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.