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Fincash » Mutual Funds » SBI Magnum Low Duration Fund

SBI Magnum Low Duration Fund - G

NAV  ₹3,189.54 ↑ 3.22  (0.10 %) as on 28 Mar 24

(Erstwhile SBI-Short Horizon Fund - Ultra Short Term)

Scheme Objective

To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of money market instruments with maturity/residual maturity up to one year and debt instruments which are rated not below investment grade by a credit rating agency.

SBI Magnum Low Duration Fund is a Debt - Low Duration fund launched on 27 Jul 07. It is a fund with Moderately Low risk and has given a CAGR return of since its launch.  Ranked 41 in Low Duration category.  Return for 2023 was 6.7% , 2022 was 4% and 2021 was 3.2% .

Below is the key information for SBI Magnum Low Duration Fund

NAV as on 28 Mar 24₹3,189.54 ↑ 3.22  (0.10 %)
Net Assets (AUM) as on 29 Feb 2024 ₹10,088 Cr.
Launch Date27 Jul 2007
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.87%
Effective Maturity1 Year 7 Months 6 Days
Modified Duration11 Months 12 Days
Alpha Ratio0.0
Expense Ratio0.96 %
Sharpe Ratio-0.027
Information Ratio0.0
BenchmarkNot Available
ISININF200K01MO2
AMCSBI Funds Management Private Limited
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.5%
1 Year 7.1%
3 Year 5.1%
5 Year 5.7%
10 Year
15 Year
Since launch

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.7%
2022 4%
2021 3.2%
2020 6.7%
2019 8.3%
2018 7.5%
2017 6.6%
2016 8.3%
2015 8.6%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,806
28 Feb 21₹11,444
28 Feb 22₹11,839
28 Feb 23₹12,356
29 Feb 24₹13,227
SBI Magnum Low Duration Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash30.75%
Debt68.99%
Other0.26%
SBI Magnum Low Duration Fund Asset Allocation

Sector Allocation

SectorValue
Corporate57.94%
Government27%
Cash Equivalent14.8%
RatingValue
AA16.75%
AAA83.25%
SBI Magnum Low Duration Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.69% Govt Stock 2028
Sovereign Bonds | -
10%₹985 Cr99,000,000
National Housing Bank
Debentures | -
4%₹400 Cr40,000
L&T Metro Rail (Hyderabad) Limited
Debentures | -
4%₹368 Cr3,750
Larsen & Toubro Ltd.
Debentures | -
3%₹349 Cr35,000
LIC Housing Finance Limited
Debentures | -
3%₹319 Cr3,250
7.37% Govt Stock 2028
Sovereign Bonds | -
3%₹288 Cr28,500,000
↑ 28,500,000
Panatone Finvest Ltd
Debentures | -
3%₹279 Cr6,000
Mangloor Highways Private Limited
Debentures | -
2%₹242 Cr2,600
National Bank For Agriculture And Rural Development
Debentures | -
2%₹210 Cr21,000
↑ 5,000
Small Industries Development Bank of India
Debentures | -
2%₹200 Cr20,000
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Fund Managers

NameSinceTenure
Rajeev Radhakrishnan9 Jun 0815.73 Yr.
Arun R.1 Dec 230.25 Yr.
Pradeep Kesavan1 Dec 230.25 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
SBI Mutual Fund191"E", Maker Tower,Cuffe Parade

Auditors

CompanyAddress
M/s. M. M. Nissim & Co.3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
SBI Magnum Low Duration Fund
Growth
₹3,189.54
↑ 3.22
3.47 %7.13 %5.09 %5.73 %
SBI Magnum Low Duration Fund
Fortnightly Dividend, Reinvestment
₹1,264.1
↑ 1.28
3.47 %7.13 %5.09 %5.3 %
SBI Magnum Low Duration Fund
Fortnightly Dividend, Payout
₹1,264.1
↑ 1.28
3.47 %7.13 %5.09 %5.3 %
SBI Magnum Low Duration Fund
Monthly Dividend, Reinvestment
₹1,398.93
↑ 1.41
3.47 %7.13 %5.09 %5.49 %
SBI Magnum Low Duration Fund
Monthly Dividend, Payout
₹1,398.93
↑ 1.41
3.47 %7.13 %5.09 %5.49 %
SBI Magnum Low Duration Fund
Weekly Dividend, Reinvestment
₹1,242.34
↑ 1.25
3.47 %7.13 %5.09 %5.3 %
Data as on 28 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.