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SBI Magnum Constant Maturity Fund download report


1 Lakh

Investment declined to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.18 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. 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."

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 Constant Maturity-G -2.85 -0.59 0.96 -0.06 -2.17 -2.73 -0.22 6.82 7.22 8.10 8.75
CCIL All Sovereign Bond - TRI -2.42 -0.22 0.85 -0.30 -2.05 -2.47 -0.32 7.16 6.99 7.80 8.47
Debt: Gilt with 10 year Constant Duration -3.18 -0.68 1.05 -0.04 -2.38 -3.06 -1.76 6.52 6.52 7.90 8.92
Rank within category 2 1 5 3 1 2 2 3 3 3 2
Number of funds in category 5 5 5 5 5 5 5 5 5 4 2

As on 13-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Constant Maturity Fund  | Invest Online
Unrated
Dec-00 -0.22 6.82 7.22 0.65% 704

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.63 11-Dec-2008 - 18-Dec-2008 -5.08 02-Jan-2009 - 09-Jan-2009
Month 8.88 18-Nov-2008 - 18-Dec-2008 -4.10 02-Jan-2009 - 03-Feb-2009
Quarter 13.48 03-Oct-2008 - 02-Jan-2009 -4.31 05-Jan-2009 - 06-Apr-2009
Year 18.72 11-Sep-2018 - 11-Sep-2019 -3.83 02-Jan-2009 - 04-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI Magnum Constant Maturity-G 7.20 4.10 0.90 1.32 0.82 0.26
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt with 10 year Constant Duration 6.94 4.41 0.78 1.21 0.85 -0.13
Rank within category 3 1 3 3 2 3
Number of funds in category 5 5 5 5 5 5

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 7 4 3
Modified Duration (yrs) 6.78 6.85 5.46 6.72
Average Maturity (yrs) 9.70 9.90 9.54 9.52
Yield to Maturity (%) 7.13 7.13 5.85 7.14
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 31.10 29.01
equal 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 30.03 28.17
equal 7.26% GOI 14/01/2029 GOI Securities SOV 21.54 - 56.19 21.54
new 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 6.81 6.81
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 6.99 6.54
equal 2.01% GOI 2030 Central Government Loan SOV 0.00 - 2.32 2.18
equal 2.07% GOI 2030 Central Government Loan SOV 0.00 - 2.24 2.10

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 30-Apr-2022

Fund Manager

— Dinesh Ahuja since 25-Jan-2020

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:


-0.59%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 49.6522

IDCW Monthly: ₹ 16.1485


Investment Strategy

The scheme seeks to provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.

Investment Details

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

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 23-Dec-2000
Return Since Launch: 7.78%
Benchmark: NIFTY 10 yr Benchmark G-Sec Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 704 Cr (As on 30-Apr-2022)
Expense: 0.65% (As on 31-Mar-2022)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly28-Feb-20200.0360

 31-Jan-20200.0360
 27-Dec-20190.0360
 29-Nov-20190.0360
 25-Oct-20190.0360
 27-Sep-20190.0360
 30-Aug-20190.0360
 26-Jul-20190.0360
 28-Jun-20190.0360
 31-May-20190.0360
 30-Apr-20190.0360
 29-Mar-20190.0360
 28-Feb-20190.0360
 31-Jan-20190.0360
 28-Dec-20180.0360
 30-Nov-20180.0360
 31-Oct-20180.0360
 28-Sep-20180.0360
 31-Aug-20180.0360
 31-Jul-20180.0432
 27-Apr-20180.0288
 23-Mar-20180.0289
 28-Feb-20180.0289
 31-Jan-20180.0433
 29-Dec-20170.0433

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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