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Fincash » Mutual Funds » SBI Magnum Ultra Short Duration Fund

SBI Magnum Ultra Short Duration Fund - G

NAV  ₹5,416.98 ↑ 1.43  (0.03 %) as on 23 Feb 24

(Erstwhile SBI Magnum InstaCash Fund)

Scheme Objective

To provide the investors an opportunity to earn returns through investment in debt & money market securities, while having the benefit of a very high degree of liquidity.

SBI Magnum Ultra Short Duration Fund is a Debt - Ultrashort Bond fund launched on 21 May 99. It is a fund with Low risk and has given a CAGR return of 7.1% since its launch.  Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% .

Below is the key information for SBI Magnum Ultra Short Duration Fund

NAV as on 23 Feb 24₹5,416.98 ↑ 1.43  (0.03 %)
Net Assets (AUM) as on 31 Jan 2024 ₹10,861 Cr.
Launch Date21 May 1999
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.75%
Effective Maturity5 Months 12 Days
Modified Duration4 Months 28 Days
Alpha Ratio0.0
Expense Ratio0.49 %
Sharpe Ratio0.125
Information Ratio0.0
BenchmarkNot Available
ISININF200K01LJ4
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 23 Feb 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.1%
3 Year 5.2%
5 Year 5.7%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7%
2022 4.5%
2021 3.4%
2020 5.9%
2019 8%
2018 7.9%
2017 6.6%
2016 7.7%
2015 8.3%

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,774
31 Jan 21₹11,364
31 Jan 22₹11,768
31 Jan 23₹12,317
31 Jan 24₹13,185
SBI Magnum Ultra Short Duration Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash68.83%
Debt30.93%
Other0.25%
SBI Magnum Ultra Short Duration Fund Asset Allocation

Sector Allocation

SectorValue
Corporate45.77%
Cash Equivalent42.78%
Government11.21%
RatingValue
AAA100%
SBI Magnum Ultra Short Duration Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.32% Govt Stock 2024
Sovereign Bonds | -
4%₹404 Cr40,410,400
National Bank For Agriculture And Rural Development
Debentures | -
3%₹384 Cr3,850
91 DTB 22022024
Sovereign Bonds | -
3%₹298 Cr30,000,000
LIC Housing Finance Limited
Debentures | -
2%₹275 Cr2,750
Kotak Mahindra Bank Ltd.
Debentures | -
2%₹261 Cr5,500
Rural Electrification Corporation Limited
Debentures | -
2%₹258 Cr2,600
National Bank For Agriculture And Rural Development
Debentures | -
2%₹248 Cr2,500
↓ -1,000
182 DTB 04042024
Sovereign Bonds | -
2%₹246 Cr25,000,000
Canara Bank
Domestic Bonds | -
2%₹246 Cr5,000
↑ 5,000
Punjab National Bank
Domestic Bonds | -
2%₹246 Cr5,000
↑ 5,000
1 - 10 of 84
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Fund Managers

NameSinceTenure
Arun R.1 Jun 212.67 Yr.
Ardhendu Bhattacharya1 Dec 230.17 Yr.
Pradeep Kesavan1 Dec 230.17 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 Ultra Short Duration Fund
Growth
₹5,416.98
↑ 1.43
3.46 %7.14 %5.15 %5.69 %
Data as on 23 Feb 24

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