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SBI Magnum Ultra Short Duration Fund download report


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
SBI Magnum Ultra Short Duration Reg-G 1.56 0.04 0.11 0.36 0.64 1.61 3.33 4.91 5.99 6.41 7.19
CCIL T Bill Liquidity Weight 0.83 -0.02 0.06 0.18 0.33 0.88 1.92 2.68 3.31 3.68 4.25
Debt: Ultra Short Duration 1.51 0.04 0.11 0.36 0.70 1.56 3.40 4.70 5.13 5.85 6.98
Rank within category 12 9 16 17 23 12 13 7 3 5 6
Number of funds in category 27 27 27 27 27 27 27 22 14 14 13

As on 27-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.33 4.91 5.99 0.49% 13,494
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
Nov-01 3.80 5.62 6.41 0.50% 15,213
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.42 5.09 -- 0.64% 13,805
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 3.64 5.49 6.23 0.87% 13,152
IDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Jul-18 3.28 4.77 -- 0.43% 4,027

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.27 24-Mar-2020 - 31-Mar-2020 -0.78 17-Mar-2020 - 24-Mar-2020
Month 1.91 24-Mar-2020 - 23-Apr-2020 -0.59 25-Feb-2020 - 26-Mar-2020
Quarter 3.32 24-Mar-2020 - 24-Jun-2020 0.32 24-Dec-2019 - 24-Mar-2020
Year 9.78 24-Jul-2013 - 24-Jul-2014 3.18 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI Magnum Ultra Short Duration Reg-G 4.86 0.68 1.99 4.69 1.39 2.49
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Ultra Short Duration 4.58 1.05 1.28 3.15 1.09 1.96
Rank within category 6 13 5 6 17 5
Number of funds in category 21 21 21 21 21 21

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 72 72 55 39
Modified Duration (yrs) 0.44 0.50 0.30 --
Average Maturity (yrs) 0.47 0.62 0.34 --
Yield to Maturity (%) 5.56 5.56 3.55 --
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
new SIDBI 278-D 27/02/2023 Commercial Paper A1+ 0.00 - 7.09 7.09
equal Reserve Bank of India 182-D 11/08/2022 Treasury Bills SOV 0.00 - 7.05 5.32
equal Reserve Bank of India 182-D 29/09/2022 Treasury Bills SOV 0.00 - 6.20 5.10
equal Reserve Bank of India 91-D 28/07/2022 Treasury Bills SOV 0.00 - 4.41 4.41
equal 6.51% GOI 2024 GOI Securities SOV 0.31 - 5.13 4.20
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 3.18 3.18
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 3.72 3.01
down HDFC 150-D 16/09/2022 Commercial Paper A1+ 0.00 - 3.48 2.92
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 3.97 2.65
equal Reliance Retail Ventures 172-D 26/08/2022 Commercial Paper A1+ 0.00 - 3.11 2.56
equal Jamnagar Utilities and Power 242-D 20/06/2022 Commercial Paper A1+ 0.00 - 3.22 2.22
equal Cholamandalam Investment & Finance Company 160-D 20/09/2022 Commercial Paper A1+ 0.00 - 2.19 2.19
equal HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 2.84 2.13
equal Reliance Jio Infocomm 230-D 07/06/2022 Commercial Paper A1+ 0.00 - 2.69 1.85
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 2.22 1.83
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.82 1.82
new Larsen & Toubro 134-D 30/09/2022 Commercial Paper A1+ 0.00 - 1.82 1.82
new Reserve Bank of India 182-D 03/11/2022 Treasury Bills SOV 0.00 - 1.81 1.81
equal Indusind Bank 16/01/2023 Certificate of Deposit A1+ 0.00 - 2.17 1.78
equal HDFC 305-D 20/01/2023 Commercial Paper A1+ 0.00 - 2.17 1.78
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.57 1.57
equal 5.18% Sundaram Finance 26/08/2022 Zero Coupon Bonds AAA 1.42 - 2.20 1.48
equal Reliance Jio Infocomm 168-D 24/06/2022 Commercial Paper A1+ 0.00 - 1.96 1.48
equal 5.35% LIC Housing Fin. 20/03/2023 Debenture AAA 0.00 - 1.81 1.47
equal HDB Financial Services 322-D 17/03/2023 Commercial Paper A1+ 0.00 - 1.41 1.41

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-May-2022

Fund Manager

— R Arun since 30-Jun-2021

Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).

Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.

Funds Managed:


0.04%

Change from previous, NAV as on 27-Jun-2022

Growth: ₹ 4,871.7497

IDCW Weekly: ₹ 1,180.7454

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IDCW Daily: ₹ 1,834.5488

Automatic Reinvestment: ₹ 1,180.2784


Investment Strategy

The scheme seeks to provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 5,000
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 21-May-1999
Return Since Launch: 7.09%
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 13,494 Cr (As on 31-May-2022)
Expense: 0.49% (As on 31-May-2022)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Mar-20200.5619

 27-Mar-20201.3205
 26-Mar-20201.7202
 09-Mar-20200.0676
 06-Mar-20200.3895
 05-Mar-20200.1029
 04-Mar-20200.1763
 03-Mar-20201.1235
 02-Mar-20200.1542
 28-Feb-20200.3639
 25-Feb-20200.1995
 24-Feb-20200.1175
 20-Feb-20200.7375
 18-Feb-20200.3138
 17-Feb-20200.0799
 14-Feb-20200.4984
 13-Feb-20200.2747
 12-Feb-20200.1740
 11-Feb-20200.1860
 10-Feb-20200.2637
 07-Feb-20200.6763
 06-Feb-20200.3636
 05-Feb-20200.6086
 04-Feb-20200.1984
 03-Feb-20200.2060
Automatic Reinvestment27-Mar-20202.0135

 06-Mar-20201.2531
 28-Feb-20200.4380
 20-Feb-20200.7253
 14-Feb-20200.8989
 07-Feb-20201.3226
 31-Jan-20200.8645
 24-Jan-20200.9914
 17-Jan-20200.6583
 10-Jan-20201.0067
 03-Jan-20201.1036
 27-Dec-20190.6576
 20-Dec-20190.7942
 13-Dec-20190.9835
 06-Dec-20190.3879
 29-Nov-20191.0843
 22-Nov-20191.0468
 15-Nov-20191.1876
 08-Nov-20190.6992
 01-Nov-20191.0918
 25-Oct-20191.0001
 18-Oct-20191.4622
 11-Oct-20191.2086
 04-Oct-20191.6829
 27-Sep-20191.0897
IDCW Weekly27-Mar-20202.0135

 06-Mar-20201.2531
 28-Feb-20200.4380
 20-Feb-20200.7253
 14-Feb-20200.8989
 07-Feb-20201.3226
 31-Jan-20200.8645
 24-Jan-20200.9914
 17-Jan-20200.6583
 10-Jan-20201.0067
 03-Jan-20201.1036
 27-Dec-20190.6576
 20-Dec-20190.7942
 13-Dec-20190.9835
 06-Dec-20190.3879
 29-Nov-20191.0843
 22-Nov-20191.0468
 15-Nov-20191.1876
 08-Nov-20190.6992
 01-Nov-20191.0918
 25-Oct-20191.0001
 18-Oct-20191.4622
 11-Oct-20191.2086
 04-Oct-20191.6829
 27-Sep-20191.0897

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

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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