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3 star

SBI Magnum Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.63 0.02 0.13 0.40 1.15 1.86 5.16 7.42 7.30 7.72 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Low Duration 1.87 0.02 0.14 0.41 1.38 2.20 8.43 5.48 6.23 6.90 --
Rank within category 21 16 19 13 22 22 20 11 12 10 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 11-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Low Duration Fund - Direct Plan  | Invest Online
3 star
Jan-13 5.16 7.42 7.30 0.39 13,286
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.68 7.95 7.79 0.42 30,234
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.18 7.98 7.81 0.44 24,543
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 6.61 8.24 8.04 0.40 16,526
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 6.62 8.24 8.27 0.39 12,765

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.63 24-Mar-2020 - 31-Mar-2020 -0.91 12-Mar-2020 - 19-Mar-2020
Month 2.31 24-Mar-2020 - 23-Apr-2020 -0.89 25-Feb-2020 - 26-Mar-2020
Quarter 4.23 24-Mar-2020 - 24-Jun-2020 0.18 24-Dec-2019 - 24-Mar-2020
Year 10.12 24-Jul-2013 - 24-Jul-2014 5.14 27-May-2020 - 27-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.20 0.89 3.27 6.99 1.38 3.97
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Low Duration 5.54 4.24 1.71 3.08 -0.53 0.84
Rank within category 11 3 4 3 23 6
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 77 89 69 61
Modified Duration (yrs) 0.64 0.99 0.48 0.75
Average Maturity (yrs) 1.23 1.23 0.82 0.99
Yield to Maturity (%) 4.18 4.89 3.87 4.56
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Export-Import Bank 182-D 18/06/2021 Certificate of Deposit A1+ 0.00 - 9.91 8.27
down 6.51% GOI 2024 GOI Securities SOV 0.00 - 10.05 7.60
new Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 6.30 6.30
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.56 - 5.06 4.21
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 4.68 3.88
equal HUDCO 365-D 16/06/2021 Commercial Paper A1+ 2.11 - 3.94 2.63
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.54 2.54
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 2.75 2.28
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 2.70 2.26
new GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 2.24 2.24
equal Tata Motors Finance Solutions 363-D 26/10/2021 Commercial Paper A1+ 0.00 - 2.65 2.21
new Cholamandalam Invest. & Fin. 269-D 31/01/2022 Commercial Paper A1+ 0.00 - 2.19 2.19
equal Muthoot Finance 2021 Non Convertible Debenture AA+ 0.00 - 2.35 1.95
equal 7.20% Power Grid Corporation 21/12/2021 Bonds AAA 1.58 - 3.04 1.92
equal 5.39% M&M Financial Services 28/10/2022 Debenture AAA 0.00 - 2.26 1.89
new Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 1.85 1.85
new Tata Teleservices (Mah) 364-D 18/05/2022 Commercial Paper A1+ 0.00 - 1.78 1.78
equal 5.85% Cholamandalam Invest. & Fin. 21/03/2023 Debenture AA+ 0.00 - 1.82 1.51
new TVS Motor Co. 180-D 16/11/2021 Commercial Paper A1+ 0.00 - 1.48 1.48
equal TMF Holdings 2021 Commercial Paper A1+ 0.00 - 1.76 1.47
new Tata Motors 327-D 21/03/2022 Commercial Paper A1+ 0.00 - 1.45 1.45
equal TMF Holdings 328-D 02/03/2022 Commercial Paper A1+ 0.00 - 1.52 1.27
equal NUVOCO Vistas Corp. 31/03/2022 Debenture AA 0.00 - 1.50 1.25
new 8.59% Andhra Pradesh State 23/01/2023 State Development Loan SOV 0.00 - 1.20 1.20
equal 7.50% Power Finance Corp. 16/08/2021 Debenture AAA 0.94 - 1.81 1.14

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Rajeev Radhakrishnan since 01-Jan-2013


0.02%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 2,821.2392

IDCW Weekly: ₹ 1,089.1522

More

IDCW Monthly: ₹ 1,253.6371

IDCW Fortnightly: ₹ 1,106.5574

IDCW Daily: ₹ 1,087.6311


Investment Strategy

The scheme seeks to provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 5,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.98%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 13,286 Cr (As on 31-May-2021)
Expense: 0.39% (As on 30-Apr-2021)
Risk Grade: Low
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Mar-20200.1288

 27-Mar-20200.3906
 26-Mar-20201.4528
 13-Mar-20200.3167
 12-Mar-20200.1864
 11-Mar-20200.1335
 09-Mar-20200.2535
 06-Mar-20200.4009
 05-Mar-20200.2076
 04-Mar-20200.1325
 03-Mar-20200.1996
 02-Mar-20200.1431
 28-Feb-20200.3606
 27-Feb-20200.1338
 26-Feb-20200.1308
 25-Feb-20200.1122
 24-Feb-20200.1377
 20-Feb-20200.5434
 18-Feb-20200.2701
 17-Feb-20200.1397
 14-Feb-20200.4137
 13-Feb-20200.2975
 12-Feb-20200.1381
 11-Feb-20200.1384
 10-Feb-20200.1393
IDCW Weekly27-Mar-20201.8467

 13-Mar-20200.8888
 06-Mar-20201.0858
 28-Feb-20200.8767
 20-Feb-20200.9525
 14-Feb-20201.1292
 07-Feb-20200.9743
 31-Jan-20200.9799
 24-Jan-20200.9390
 17-Jan-20201.0851
 10-Jan-20200.9606
 03-Jan-20200.9641
 27-Dec-20191.0044
 20-Dec-20191.0782
 13-Dec-20191.0007
 06-Dec-20191.2841
 29-Nov-20191.0344
 22-Nov-20191.0209
 15-Nov-20191.0129
 08-Nov-20190.9997
 01-Nov-20190.8587
 25-Oct-20191.0165
 18-Oct-20191.3809
 11-Oct-20191.0374
 04-Oct-20191.1163
IDCW Fortnightly06-Mar-20201.8171

 20-Feb-20201.4431
 07-Feb-20203.1405
 24-Jan-20201.8602
 10-Jan-20202.3032
 27-Dec-20191.8251
 13-Dec-20190.3739
 29-Nov-20192.3443
 15-Nov-20192.2439
 01-Nov-20192.8134
 18-Oct-20193.1641
 04-Oct-20192.8445
 20-Sep-20190.4979
 06-Sep-20192.7377
 23-Aug-20192.3672
 09-Aug-20193.9616
 26-Jul-20192.3067
 12-Jul-20194.1284
 28-Jun-20191.6315
 14-Jun-20191.3078
 31-May-20193.8501
 17-May-20193.4562
 03-May-20191.0461
 18-Apr-20191.0792
 05-Apr-20193.3863
IDCW Monthly28-Feb-20203.6016

 31-Jan-20203.6016
 27-Dec-20193.6016
 29-Nov-20193.6016
 25-Oct-20193.6016
 27-Sep-20193.6016
 30-Aug-20193.6016
 26-Jul-20193.6016
 28-Jun-20193.6016
 31-May-20193.6016
 30-Apr-20193.6016
 29-Mar-20193.6016
 28-Feb-20193.6016
 31-Jan-20193.6016
 28-Dec-20183.6016
 30-Nov-20183.6016
 31-Oct-20183.6016
 28-Sep-20183.6016
 31-Aug-20183.6016
 31-Jul-20184.3219
 27-Apr-20182.8813
 23-Mar-20182.8891
 28-Feb-20182.8891
 31-Jan-20184.3336
 29-Dec-20174.3336

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

Your investment strategy for debt funds after the fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM