SBI Magnum Medium Duration Fund

Invest Online download factsheet

Value Research Rating

4 star

Analyst’s Choice

premium-user

Riskometer

fund-quick-summary-circle

Moderately High

₹47.2149 0.07%

As on 15-Jul-2024

Returns

to
Please wait...

Calculate SIP Returns of SBI Magnum Medium Duration Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderately High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of SBI Magnum Medium Duration Fund

Asset Allocation

Split between different types of investments

Please wait...

Credit Rating Weightage

Split between categories of Equity investments

Please wait...

Peer Comparison

Other details of SBI Magnum Medium Duration Fund

Assets info

₹5,989 Cr

Exit Load (Days) info

1.50 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

12

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.

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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for SBI Magnum Medium Duration Fund

SBI Magnum Medium Duration Fund is mandated to invest in bonds such that the duration of the portfolio is between three to four years.

Mutual funds can be bought directly from the website of the fund house. For instance, SBI Magnum Medium Duration Fund fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of SBI Magnum Medium Duration Fund is ₹47.2149 as of 16-Jul-2024.

The AUM of SBI Magnum Medium Duration Fund Fund is ₹5,989 Cr as of 30-Jun-2024

The riskometer level of SBI Magnum Medium Duration Fund is Moderately High. See More

Company Percentage of Portfolio

GOI Sec 7.18 14/08/2033

13.89

GOI Sec 7.18 24/07/2037

9.04

GOI Sec 7.30 19/06/2053

6.02

Tata Housing Devp. Co. Ltd SR 1 RR Debenture 30/04/2026

5.01

Godrej Properties Ltd SR I Debenture 8.30 19/03/2027

4.99
See More

As of 30-Jun-2024, SBI Magnum Medium Duration Fund had invested 95.79% in Debt and 4.21% in Cash & Cash Eq. See More

SBI Magnum Medium Duration Fund is 20 years 8 months old. It has delivered 7.79% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.03%
5.66%
7.02%
7.10%
8.33%
7.79%

No, There is no lock in period in SBI Magnum Medium Duration Fund.

The expense ratio of SBI Magnum Medium Duration Fund is 1.21.

Please wait...
Please wait...
Please wait...
Please wait...
Please wait...
Please wait...