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5 star

SBI Magnum Medium Duration Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon."

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 4.30 -0.02 0.07 0.46 1.01 2.73 4.95 9.81 8.79 9.47 --
VR Bond 2.68 0.03 -0.02 0.59 1.27 2.12 2.98 6.35 5.55 6.67 --
Debt: Medium Duration 5.58 0.00 0.10 0.55 1.10 3.64 6.15 6.15 6.41 7.52 --
Rank within category 12 17 15 15 10 12 11 1 1 -- --
Number of funds in category 18 19 19 19 19 18 18 14 13 10 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.95 9.81 8.79 0.68% 10,740
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.56 9.27 7.99 0.68% 7,214
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.35 9.16 7.71 0.59% 4,193
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 3.70 8.46 7.34 0.76% 3,980
Axis Strategic Bond Fund - Direct Plan
4 star
Jan-13 6.44 8.59 7.79 0.39% 1,770

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.82 03-Sep-2013 - 10-Sep-2013 -1.99 12-Mar-2020 - 19-Mar-2020
Month 5.25 20-Aug-2013 - 19-Sep-2013 -3.68 05-Jul-2013 - 06-Aug-2013
Quarter 8.69 17-Feb-2014 - 19-May-2014 -6.89 20-May-2013 - 19-Aug-2013
Year 21.16 03-Feb-2014 - 03-Feb-2015 2.30 01-Feb-2013 - 03-Feb-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.44 2.28 2.48 4.47 0.81 3.70
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Medium Duration 6.15 4.84 1.03 1.41 0.45 1.28
Rank within category 1 1 1 1 12 2
Number of funds in category 14 14 14 14 14 14

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 76 84 63 38
Modified Duration (yrs) 2.86 3.59 1.81 --
Average Maturity (yrs) 4.12 4.52 2.62 --
Yield to Maturity (%) 5.91 6.45 5.46 --
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 12.32 12.32
down 6.10% GOI 2031 GOI Securities SOV 0.00 - 12.76 10.35
equal 5.83% State Bank of India Additional Tier 2 Bond AAA 3.52 - 6.37 3.52
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 3.78 3.23
equal 6.18% Indian Bank Additional Tier 2 Bond AAA 0.00 - 4.39 3.11
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 3.07 2.42
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.38 2.39
up Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 1.27 - 2.37 2.37
equal Flometallic India 21/06/2023 Debenture AA+ 0.00 - 2.62 2.29
equal Mahindra Rural Housing Finance 26/05/2023 Debenture AA+ 0.00 - 2.55 2.16
equal Indostar Capital Finance 14/06/2022 Debenture AA- 0.00 - 2.41 2.05
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.24 - 3.12 1.97
equal 7.55% Mahindra Rural Housing Finance 15/09/2023 Debenture AA+ 1.89 - 3.35 1.89
equal Sundaram Home Finance 14/06/2024 Debenture AA+ 0.00 - 1.96 1.74
equal 8.50% India Grid Trust 2024 Debenture AAA 1.72 - 2.99 1.72
equal 8.20% Aadhar Housing Finance 17/08/2023 Debenture AA 1.67 - 2.93 1.67
equal 7.09% Tata Realty and Infrastructure 21/06/2024 Debenture AA 0.00 - 2.32 1.53
equal 8.55% Coastal Gujarat Power 20/07/2023 Debenture AA 1.46 - 2.61 1.46
equal 8.40% Avanse Financial Services 29/09/2023 Debenture A+ 0.00 - 1.58 1.43
equal 7.97% Tata Motors Finance Solutions 27/12/2023 Debenture AA- 0.00 - 1.96 1.41
equal Bharti Hexacom 19/01/2024 Non Convertible Debenture AA+ 0.00 - 1.54 1.40
new Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 1.39 1.39
equal 7.27% GOI 2026 GOI Securities SOV 1.33 - 2.24 1.33
equal 6.65% Flometallic India 21/06/2023 Debenture AA+ 0.00 - 1.39 1.22
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 1.17 - 4.37 1.17

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-Oct-2021

Fund Manager

— Dinesh Ahuja since 01-Jan-2013

Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).

Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.

Funds Managed:


-0.02%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 43.3017

IDCW Quarterly: ₹ 16.8321


Investment Strategy

The scheme seeks to provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load For units in excess of 8% of the investment,1.5% will be charged for redemption within 365 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.79%
Benchmark: NIFTY Medium Duration
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10,740 Cr (As on 31-Oct-2021)
Expense: 0.68% (As on 31-Oct-2021)
Risk Grade: Low
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly27-Dec-20190.1549

 27-Sep-20190.1441
 28-Jun-20190.1441
 29-Mar-20190.1441
 28-Dec-20180.1441
 07-Sep-20180.1441
 23-Mar-20180.1445
 29-Dec-20170.1806
 29-Sep-20170.1806
 30-Jun-20170.1733
 24-Mar-20170.1445
 30-Dec-20160.1445
 30-Sep-20160.1445
 30-Jun-20160.1445
 23-Mar-20160.1445
 23-Dec-20150.1445
 24-Sep-20150.1445
 26-Jun-20150.1553
 20-Mar-20150.1815
 29-Dec-20140.1887
 29-Sep-20140.1886
 27-Jun-20140.2494
 28-Mar-20140.1325
 27-Dec-20130.2000

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

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