SBI Magnum Low Duration Fund - Growth - Direct Plan

Item: SBI Magnum Low Duration Fund - Growth - Direct Plan
Rating: 3
Author: PersonalFN

₹2630.1947 (-0.04%)Nav, as on 07-04-2020
Previous Nav
₹ 2631.1857
Net Change on 07-04-2020
₹-0.99
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 9,831.81
Expense Ratio
0.4%
(As on Feb 29, 2020)

Fund Overview Growth | Direct Plan

Fund House
SBI Mutual Fund
Launch Date
01-Jan-2013
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
3,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
2436.28
52 Week Low Nav Date
08-Apr-2019
52 Week High Nav (₹)
2631.19
52 Week High Nav Date
03-Apr-2020

Fund Objective

To provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	5.98	6.64	7.96	7.64	7.89	8.30
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Low Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	Jan 01, 2013	7.96	7.64	7.89	0.40	9,831.81
ICICI Prudential Savings Fund - Direct Plan - Growth	Jan 01, 2013	7.89	7.65	8.16	0.41	22,150.12
HDFC Low Duration Fund-Direct Plan-Growth	Jan 01, 2013	8.00	7.64	8.07	0.44	15,956.97
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Jan 01, 2013	8.35	8.12	8.46	0.37	12,150.50
Kotak Low Duration Fund- Direct Plan- Growth Option	Jan 01, 2013	8.51	8.32	8.86	0.31	7,264.72
IDFC Low Duration Fund -Direct Plan-Growth	Jan 01, 2013	7.84	7.64	8.07	0.26	6,221.89

Fund Holdings as on 29-February-2020

Company % Assets
Reverse Repo
7.60
Axis Bank Ltd.
4.85
Bharti Hexacom Ltd.
4.41
L&T Finance Holdings Ltd.
3.86
Power Grid Corporation of India Ltd.
2.59
Housing Development Finance Corporation Ltd.
2.55
Bank of Baroda
2.46
Muthoot Finance Ltd.
2.23
Housing Development Finance Corporation Ltd.
2.18
Small Industries Development Bank of India
2.03
Housing Development Finance Corporation Ltd.
2.01
Indian Bank
2.01
IndusInd Bank Ltd.
2.00
Net Receivable / Payable
1.71
Power Finance Corporation Ltd.
1.55
National Housing Bank
1.43
Export-Import Bank of India
1.42
REC Ltd.
1.30
Power Finance Corporation Ltd.
1.29
Tata Motors Finance Ltd.
1.27
Indian Bank
1.27
JSW Steel Ltd.
1.27
Housing Development Finance Corporation Ltd.
1.14
8.38% State Government of Karnataka 2022
1.08
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
1.06
REC Ltd.
1.05
Reliance Jio Infocomm Ltd.
1.05
Power Finance Corporation Ltd.
1.05
6.92% State Government of Maharashtra 2022
1.04
Small Industries Development Bank of India
1.04
Fullerton India Home Finance Company Ltd.
1.03
Tata Sons Pvt.Ltd.
1.02
ONGC Petro Additions Ltd.
1.02
National Bank for Agriculture and Rural Development
1.02
ICICI Bank Ltd.
1.01
Tata Power Company Ltd.
1.01
Small Industries Development Bank of India
1.00
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
1.00
TMF Holdings Ltd.
1.00
Rainbow Devices Trust (Obligor - Reliance Retail Ltd.)
0.92
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.82
Hindustan Petroleum Corporation Ltd.
0.77
REC Ltd.
0.77
Power Finance Corporation Ltd.
0.77
Mahindra Rural Housing Finance Ltd.
0.76
Axis Bank Ltd.
0.76
Reliance Jio Infocomm Ltd.
0.76
Power Finance Corporation Ltd.
0.74
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.74
National Bank for Agriculture and Rural Development
0.73
Indian Railway Finance Corporation Ltd.
0.72
REC Ltd.
0.71
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.69
Indian Railway Finance Corporation Ltd.
0.62
SP Jammu Udhampur Highway Ltd.
0.61
REC Ltd.
0.56
Standard Chartered Invt & Loans (I) Ltd.
0.55
Larsen & Toubro Ltd.
0.52
LIC Housing Finance Ltd.
0.52
Export-Import Bank of India
0.52
REC Ltd.
0.51
Air India Assets Holding Ltd.
0.51
Housing Development Finance Corporation Ltd.
0.51
HDB Financial Services Ltd.
0.51
Mahindra & Mahindra Financial Services Ltd.
0.51
Housing Development Finance Corporation Ltd.
0.51
Tata Motors Ltd.
0.51
LIC Housing Finance Ltd.
0.51
National Bank for Agriculture and Rural Development
0.51
KEC International Ltd.
0.51
Standard Chartered Invt & Loans (I) Ltd.
0.50
Tata Realty and Infrastructure Ltd.
0.49
AU Small Finance Bank Ltd.
0.48
TREPS
0.42
8.39% State Government of Rajasthan 2020
0.42
LIC Housing Finance Ltd.
0.41
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.40
8.32% State Government of Uttar Pradesh 2020
0.38
NTPC Ltd.
0.36
National Bank for Agriculture and Rural Development
0.36
TMF Holdings Ltd.
0.33
Tata Sons Pvt.Ltd.
0.31
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.29
REC Ltd.
0.27
LIC Housing Finance Ltd.
0.26
LIC Housing Finance Ltd.
0.26
REC Ltd.
0.26
Tata Power Company Ltd.
0.26
Tata Sons Pvt.Ltd.
0.25
Tata Sons Pvt.Ltd.
0.25
Tata Sons Pvt.Ltd.
0.25
Housing and Urban Development Corporation Ltd.
0.25
Sundaram Finance Ltd.
0.25
Bank of Baroda
0.25
Small Industries Development Bank of India
0.25
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.23
Power Finance Corporation Ltd.
0.21
Power Finance Corporation Ltd.
0.21
Power Finance Corporation Ltd.
0.20
Larsen & Toubro Ltd.
0.16
Power Finance Corporation Ltd.
0.15
Kotak Mahindra Prime Ltd.
0.05
Reliance Industries Ltd.
0.03

Sector Holding%
Miscellaneous
45.96

About SBI Magnum Low Duration Fund

Scheme Analysis

SBI Magnum Low Duration Fund is a Debt - Low Duration Fund fund and belongs to SBI Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹9,831.81 crore. SBI Magnum Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of SBI Magnum Low Duration Fund ended down ₹-0.99(-0.04%)yesterday to ₹2630.1947.

Among its top 3 holdings the fund has exposure to Reverse Repo, and

The SBI Magnum Low Duration Fund is managed by Rajeev Radhakrishnan .

Fund House Contact

Address:

191, Maker Tower 'E' Cuffe Parade Mumbai - 400 005

Phone Number: 022 - 22180221-27

Email Address: partnerforlife@sbimf.com

Fax Number: 022 - 22189663

Website: www.sbimf.com

Fund Manager

Rajeev Radhakrishnan

Education:B.E (Production), MMS (Finance) & CFA
Experience:10 Year
Basic Details:Mr. Rajeev has joined SBI Funds Management Pvt. Ltd. in June 2008 and manages various Fixed Income schemes. He brings with him over 10 years of experience in funds management including around 2 years in equity funds and research and 8 years in Fixed Income Funds. He was earlier associated with UTI Mutual Fund as a Co-Fund Manager, managing fixed income funds and debt portion of balanced schemes.
Funds Managed:
SBI Arbitrage Opportunities Fund
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Magnum Children's Benefit Plan
SBI Magnum Low Duration Fund
SBI Magnum Ultra Short Duration Fund
SBI Short Term Debt Fund

Holding Type Holding %
[ICRA]A1+
4.99
[ICRA]AAA
1.37
[ICRA]AAA(SO)
7.17
CARE AA-
1.78
CARE AAA
2.84
Cash
9.73
CRISIL A1+
26.49
CRISIL AA
2.23
CRISIL AA-
1.33
CRISIL AAA
32.42
IND A1+
3.79
IND AA
0.26
IND AA+
0.76
IND AAA
1.94
Sov
2.92

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