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3 star

SBI Magnum Ultra Short Duration Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

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
SBI Magnum Ultra Short Duration Direct-G 2.46 0.09 0.12 0.46 1.31 1.89 3.74 4.91 6.12 6.50 --
CCIL T Bill Liquidity Weight 1.24 -0.04 0.05 0.21 0.72 0.97 1.98 2.58 3.26 3.62 --
Debt: Ultra Short Duration 2.56 0.09 0.12 0.46 1.33 2.02 4.06 5.07 5.62 6.30 --
Rank within category 19 18 9 12 19 23 20 11 4 8 --
Number of funds in category 26 26 26 26 26 26 26 21 13 13 0

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Ultra Short Duration Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.74 4.91 6.12 0.31 12,513
Aditya Birla Sun Life Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.09 5.57 6.46 0.34 14,762
HDFC Ultra Short Term Fund - Direct Plan  | Invest Online
4 star
Sep-18 3.88 5.22 -- 0.34 13,459
ICICI Prudential Ultra Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.33 5.89 6.75 0.39 13,058
Kotak Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.98 5.10 6.17 0.36 11,487

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.27 24-Mar-2020 - 31-Mar-2020 -0.78 17-Mar-2020 - 24-Mar-2020
Month 1.92 24-Mar-2020 - 23-Apr-2020 -0.58 25-Feb-2020 - 26-Mar-2020
Quarter 3.36 24-Mar-2020 - 24-Jun-2020 0.36 24-Dec-2019 - 24-Mar-2020
Year 9.88 24-Jul-2013 - 24-Jul-2014 3.36 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI Magnum Ultra Short Duration Direct-G 4.84 0.62 2.18 4.71 1.29 2.50
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Ultra Short Duration 4.99 0.90 2.01 5.07 0.97 2.37
Rank within category 11 12 11 14 18 9
Number of funds in category 21 21 21 21 21 21

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 61 70 55 40
Modified Duration (yrs) 0.27 0.50 0.27 0.33
Average Maturity (yrs) 0.29 0.62 0.29 0.36
Yield to Maturity (%) 5.84 5.84 3.55 6.01
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
down SIDBI 278-D 27/02/2023 Commercial Paper A1+ 0.00 - 9.35 6.17
equal Reserve Bank of India 182-D 11/08/2022 Treasury Bills SOV 0.00 - 7.05 5.79
equal Reserve Bank of India 182-D 29/09/2022 Treasury Bills SOV 0.00 - 6.73 5.54
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 3.94 3.23
equal HDFC 150-D 16/09/2022 Commercial Paper A1+ 0.00 - 3.85 3.17
new L&T Metro Rail (Hyderabad) 35-D 12/08/2022 Commercial Paper A1+ 0.00 - 2.99 2.99
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 3.97 2.84
up Larsen & Toubro 134-D 30/09/2022 Commercial Paper A1+ 0.00 - 2.77 2.77
down 6.51% GOI 2024 GOI Securities SOV 0.31 - 5.13 2.66
new Indian Bank 2023 Certificate of Deposit A1+ 0.00 - 2.34 2.34
equal Reserve Bank of India 182-D 22/12/2022 Treasury Bills SOV 0.00 - 2.84 2.34
equal Reserve Bank of India 182-D 03/11/2022 Treasury Bills SOV 0.00 - 2.39 1.97
equal HDFC 154-D 25/11/2022 Commercial Paper A1+ 0.00 - 2.38 1.96
equal Indusind Bank 16/01/2023 Certificate of Deposit A1+ 0.00 - 2.35 1.94
equal HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 2.84 1.74
equal 5.18% Sundaram Finance 26/08/2022 Zero Coupon Bonds AAA 1.42 - 2.20 1.60
equal Reliance Retail Ventures 172-D 26/08/2022 Commercial Paper A1+ 0.00 - 3.11 1.59
equal Reserve Bank of India 182-D 15/12/2022 Treasury Bills SOV 0.00 - 1.90 1.56
new Indusind Bank 15/03/2023 Certificate of Deposit A1+ 0.00 - 1.54 1.54
equal HDB Financial Services 322-D 17/03/2023 Commercial Paper A1+ 0.00 - 1.86 1.54
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.87 1.53
equal Cholamandalam Investment & Finance Company 341-D 20/03/2023 Commercial Paper A1+ 0.00 - 1.86 1.53
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 3.18 1.21
equal Tata Steel 180-D 15/11/2022 Commercial Paper A1+ 0.00 - 1.43 1.18
equal Reserve Bank of India 182-D 24/11/2022 Treasury Bills SOV 0.00 - 1.43 1.18

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-Jul-2022

Fund Manager

— R Arun since 30-Jun-2021

Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).

Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.

Funds Managed:


0.09%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 4,964.6583

IDCW Weekly: ₹ 1,194.9466

IDCW Daily: ₹ 1,856.4105


Investment Strategy

The scheme seeks to provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 5,000
Min. 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: 7.21%
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 12,513 Cr (As on 31-Jul-2022)
Expense Ratio: 0.31% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Mar-20200.5671

 27-Mar-20201.3312
 26-Mar-20201.9047
 09-Mar-20200.0784
 06-Mar-20200.4000
 05-Mar-20200.1087
 04-Mar-20200.1815
 03-Mar-20201.1287
 02-Mar-20200.1595
 28-Feb-20200.3850
 25-Feb-20200.2047
 24-Feb-20200.1227
 20-Feb-20200.7484
 18-Feb-20200.3244
 17-Feb-20200.0851
 14-Feb-20200.5142
 13-Feb-20200.2799
 12-Feb-20200.1793
 11-Feb-20200.1912
 10-Feb-20200.2690
 07-Feb-20200.6921
 06-Feb-20200.3689
 05-Feb-20200.6138
 04-Feb-20200.2037
 03-Feb-20200.2112
IDCW Weekly27-Mar-20202.0687

 06-Mar-20201.2768
 28-Feb-20200.4625
 20-Feb-20200.7491
 14-Feb-20200.9227
 07-Feb-20201.3457
 31-Jan-20200.8883
 24-Jan-20201.0151
 17-Jan-20200.6820
 10-Jan-20201.0305
 03-Jan-20201.1275
 27-Dec-20190.6845
 20-Dec-20190.8179
 13-Dec-20191.0073
 06-Dec-20190.4118
 29-Nov-20191.1081
 22-Nov-20191.0707
 15-Nov-20191.2113
 08-Nov-20190.7230
 01-Nov-20191.1122
 25-Oct-20191.0239
 18-Oct-20191.4894
 11-Oct-20191.2288
 04-Oct-20191.7067
 27-Sep-20191.1135

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

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

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