VR Logo

4 star

SBI Magnum Ultra Short Duration Fund


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. 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.

Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.09 0.01 0.06 0.31 0.76 1.71 3.35 5.88 6.38 6.86 7.57
CCIL T Bill Liquidity Weight 1.86 0.01 0.06 0.21 0.45 1.08 2.02 3.22 3.54 3.99 4.48
Debt: Ultra Short Duration 3.20 0.01 0.06 0.29 0.83 1.84 3.44 5.27 5.51 6.29 7.42
Rank within category 10 23 20 10 10 10 10 4 3 4 6
Number of funds in category 26 27 27 27 27 27 26 19 14 14 12

As on 01-Dec-2021

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 3.35 5.88 6.38 0.49% 11,569
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 3.89 6.62 6.77 0.48% 17,500
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.53 6.07 -- 0.64% 16,432
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.17 5.77 6.19 0.77% 13,153
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 3.97 6.47 6.62 0.91% 11,143

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 3.34 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.74 0.72 2.70 6.18 1.40 2.81
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration 5.22 1.35 1.71 4.14 1.06 2.08
Rank within category 5 7 4 6 15 6
Number of funds in category 20 20 20 20 20 20

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 62 71 43 41
Modified Duration (yrs) 0.30 0.50 0.30 --
Average Maturity (yrs) 0.56 0.62 0.41 --
Yield to Maturity (%) 3.89 3.89 3.50 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.32% REC 31/12/2021 Debenture AAA 4.76 - 7.06 5.43
down Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 6.79 4.79
down Reserve Bank of India 91-D 25/11/2021 Treasury Bills SOV 0.00 - 6.78 4.74
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 4.51 4.30
equal Ultratech Cement 314-D 09/03/2022 Commercial Paper A1+ 0.00 - 4.47 4.26
equal 6.51% GOI 2024 GOI Securities SOV 0.00 - 3.80 3.62
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 2.90 - 4.61 3.50
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.19 3.03
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.69 2.57
equal RBL Bank 28/02/2022 Certificate of Deposit A1+ 0.00 - 2.68 2.56
new Jamnagar Utilities and Power 242-D 20/06/2022 Commercial Paper A1+ 0.00 - 2.52 2.52
equal Tata Capital 162-D 20/01/2022 Commercial Paper A1+ 0.00 - 2.24 2.14
equal Ashok Leyland 250-D 30/03/2022 Commercial Paper A1+ 0.00 - 2.23 2.12
new Reliance Jio Infocomm 230-D 07/06/2022 Commercial Paper A1+ 0.00 - 2.11 2.11
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.73 - 2.13 2.02
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 1.63 - 2.60 1.99
equal Export-Import Bank 183-D 28/12/2021 Certificate of Deposit A1+ 0.00 - 2.03 1.93
equal 6.10% Karnataka State 2021 State Development Loan SOV 1.52 - 2.43 1.86
up 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 1.82 1.82
equal 5.18% Sundaram Finance 26/08/2022 Zero Coupon Bonds AAA 0.00 - 1.83 1.74
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 5.72 1.73
equal Sikka Ports and Terminals 157-D 30/12/2021 Commercial Paper A1+ 0.00 - 1.80 1.72
equal LIC Housing Fin. 364-D 28/06/2022 Commercial Paper A1+ 0.00 - 1.76 1.68
equal SIDBI 25/03/2022 Commercial Paper A1+ 0.00 - 1.56 1.49
equal Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 1.35 1.29

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

— 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:


0.01%

Change from previous, NAV as on 01-Dec-2021

Growth: ₹ 4,784.0963

IDCW Weekly: ₹ 1,159.5009

More

IDCW Daily: ₹ 1,801.5547

Automatic Reinvestment: ₹ 1,159.4335


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 5,000
Minimum 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: 7.19%
Benchmark: NIFTY Ultra Short Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 11,569 Cr (As on 31-Oct-2021)
Expense: 0.49% (As on 31-Oct-2021)
Risk Grade: Low
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

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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot