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Fund name
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Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
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SBI Constant Maturity 10-Year Gilt Fund - Direct Plan
|
Moderate
|
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0.31 |
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Moderate
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0.26 |
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Moderate
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0.14 |
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Moderate
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0.14 |
₹1,802 Cr
--
5,000
500
500
12
About SBI Constant Maturity 10-Year Gilt Fund - Direct Plan
SBI Constant Maturity 10-Year Gilt Fund - Direct Plan is a debt mutual fund scheme of SBI Mutual Fund. Launched on January 01, 2013, it is currently managed by Sudhir Agrawal. The fund has an expense ratio of 0.31% with an overall AUM (Assets Under Management) of ₹1,802 Cr.
SBI Magnum Constant Maturity Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by the government of India, such that the duration of its portfolio is equal to 10 years. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
Investment Strategy
The scheme seeks to provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.
Suitability
Gilt with 10 year Constant Duration funds are avoidable for most investors because:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of SBI Constant Maturity 10-Year Gilt Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, SBI Constant Maturity 10-Year Gilt Fund - Direct Plan can be bought from the SBI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of SBI Constant Maturity 10-Year Gilt Fund - Direct Plan, is ₹68.0381 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 6.48 06/10/2035 |
44.63
|
|
GOI Sec 6.79 07/10/2034 |
27.97
|
|
GOI Sec 7.18 24/07/2037 |
25.12
|
Over the past five years, SBI Constant Maturity 10-Year Gilt Fund - Direct Plan has delivered an annualised return of 6.45% as of 19-Mar-2026.
The minimum investment required to start investing in SBI Constant Maturity 10-Year Gilt Fund - Direct Plan is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.