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Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹40.4912
As on 11-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
SBI Magnum Gilt Fund - PF
|
|
Moderate
|
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0.94 |
||
 |
|
Moderate
|
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0.94 |
||
|
|
Moderate
|
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1.09 |
||
 |
|
Moderate
|
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1.14 |
||
|
|
Moderate
|
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1.25 |
₹10,422 Cr
--
5,000
1,000
2,500
12
Investment Strategy
The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.
Suitability
"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
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
SBI Magnum Gilt Fund - PF is mandated to invest at least 80 per cent of its assets in bonds issued by the government of India.
Mutual funds can be bought directly from the website of the fund house. For instance, SBI Magnum Gilt Fund - PF 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 Gilt Fund - PF is ₹40.4912 as of 11-Oct-2024.
The AUM of SBI Magnum Gilt Fund - PF Fund is ₹10,422 Cr as of 30-Sep-2024
The riskometer level of SBI Magnum Gilt Fund - PF is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.34 22/04/2064 |
36.68
|
|
GOI Sec 7.10 08/04/2034 |
34.65
|
|
GOI Sec 7.23 15/04/2039 |
10.23
|
|
GOI Sec 7.30 19/06/2053 |
8.87
|
|
GOI GOI FRB 22/09/2033 |
2.31
|
As of 30-Sep-2024, SBI Magnum Gilt Fund - PF had invested 94.59% in Debt and 5.41% in Cash & Cash Eq. See More
SBI Magnum Gilt Fund - PF is 20 years 10 months old. It has delivered 6.93% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
10.82%
|
6.94%
|
7.27%
|
7.35%
|
8.86%
|
6.93%
|
No, There is no lock in period in SBI Magnum Gilt Fund - PF.
The expense ratio of SBI Magnum Gilt Fund - PF is 0.94.
