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SBI Magnum Medium Duration Fund

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Debt: Medium Duration

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1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 -0.13 0.03 0.10 0.10 1.45 4.03 11.22 9.62 9.99 10.49 9.44
VR Bond 0.09 -0.03 0.06 0.30 1.29 1.73 7.27 7.27 7.17 7.64 7.57
Debt: Medium Duration -0.09 0.03 0.07 0.09 1.40 3.10 6.67 6.26 7.13 7.83 7.78
Rank within category 13 11 11 12 8 7 1 1 1 -- --
Number of funds in category 22 22 22 22 21 18 18 14 14 9 7

As on 25-Jan-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  | Invest Online
5 star
 Nov-03 11.22 9.62 9.99 1.26 6,887
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
 Sep-04 9.60 8.12 8.18 1.71 6,207
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
 Jul-03 9.66 8.54 8.05 1.44 4,228
HDFC Medium Term Debt Fund  | Invest Online
4 star
 Feb-02 9.10 8.14 8.25 1.34 2,619
ICICI Prudential Retirement Fund - Pure Debt Plan  | Invest Now
5 star
 Feb-19 9.37 -- -- 2.09 501

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.20 (11-May-2009 - 18-May-2009) -4.15 (15-Jan-2008 - 22-Jan-2008)
Month 5.57 (09-Mar-2009 - 09-Apr-2009) -7.20 (24-Sep-2008 - 24-Oct-2008)
Quarter 11.85 (09-Mar-2009 - 10-Jun-2009) -8.00 (28-Jul-2008 - 27-Oct-2008)
Year 21.18 (25-Nov-2008 - 25-Nov-2009) -8.89 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.42 2.30 2.02 4.10 0.80 2.79
VR Bond 7.10 2.02 1.15 1.94 -- --
Debt: Medium Duration 5.38 4.57 0.58 1.08 0.58 -0.73
Rank within category 1 2 1 1 12 1
Number of funds in category 15 15 15 15 15 15

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

As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 64 65 54 37
Modified Duration (yrs) 3.15 3.73 2.87 3.15
Average Maturity (yrs) 4.08 5.14 3.78 3.86
Yield to Maturity (%) 6.16 8.36 6.16 6.14
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 7.17% GOI 2028 GOI Securities SOV 0.00 - 15.67 13.28
equal 5.83% State Bank of India 26/10/2030 Debenture AAA 0.00 - 6.37 5.63
equal 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 6.47 3.86
equal 7.40% Muthoot Finance 2024 Debenture AA 0.00 - 4.22 3.71
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 8.60 3.60
equal 7.55% Mahindra Rural Housing Finance 15/09/2023 Debenture AA+ 0.00 - 4.51 2.97
equal 7.25% Punjab National Bank 14/10/2030 Debenture AA+ 0.00 - 3.12 2.73
equal 8.50% India Grid Trust 2024 Debenture AAA 0.00 - 3.94 2.66
equal 8.20% Aadhar Housing Finance 17/08/2023 Debenture AA 0.00 - 4.28 2.57
new 7.09% Tata Realty and Infrastructure 21/06/2024 Debenture AA 0.00 - 2.32 2.32
equal 8.55% Coastal Gujarat Power 20/07/2023 Debenture AA 0.00 - 4.04 2.30
up 7.27% GOI 2026 GOI Securities SOV 2.14 - 10.09 2.14
equal 7.26% GOI 14/01/2029 GOI Securities SOV 1.44 - 4.48 2.05
new 8.44% Indian Bank Debenture AA 0.00 - 1.74 1.74
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 1.73 - 3.36 1.73
equal 8.80% Pune Solapur Expressways 31/03/2029 Debenture AA- 0.00 - 1.98 1.54
equal 8.68% Tata Realty and Infrastructure 29/04/2022 Debenture AA 0.00 - 2.67 1.49
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.30 - 2.35 1.42
equal MTNL 2030 Debenture AAA 0.00 - 1.83 1.40
equal 6.24% State Bank of India 21/09/2030 Non Convertible Debenture AAA 0.00 - 1.91 1.34
equal Indostar Capital Finance 26/02/2021 Debenture AA- 0.00 - 2.70 1.33
equal 8.21% Tata Power 31/08/2023 Debenture AA 0.00 - 2.57 1.29
equal Latur Renewable 20/11/2023 Debenture AA 0.00 - 1.37 1.20
equal Latur Renewable 20/11/2024 Debenture AA 0.00 - 1.36 1.20
equal Latur Renewable 20/11/2025 Debenture AA 0.00 - 1.35 1.19

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-Dec-2020

Fund Manager

— Dinesh Ahuja since 18-Jan-2011

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:

Invest Online
0.03%

Change from previous, NAV as on 25-Jan-2021

Growth: ₹ 39.2899

Dividend Quarterly: ₹ 15.2295

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
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: 12-Nov-2003
Return Since Launch: 8.27%
Benchmark: NIFTY Medium Duration
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 6,887 Cr (As on 31-Dec-2020)
Expense: 1.26% (As on 31-Dec-2020)
Risk Grade: Low
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly27-Dec-20190.1477

 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-20140.1815
 29-Sep-20140.1878
 27-Jun-20140.2494
 28-Mar-20140.1325
 27-Dec-20130.2000
 25-Mar-20130.1762

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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