SBI Magnum Low Duration Fund - Growth - Direct Plan

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

₹2720.6421 (-0.01%)Nav, as on 07-08-2020
Previous Nav
₹ 2720.808
Net Change on 07-08-2020
₹-0.17
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 8,548.05
Expense Ratio
0.4%
(As on Jun 30, 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 (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
2508.47
52 Week Low Nav Date
07-Aug-2019
52 Week High Nav (₹)
2721.25
52 Week High Nav Date
05-Aug-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	5.22	10.32	8.44	7.95	7.98	8.38
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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	Jan 01, 2013		8.44	7.95	7.98	0.40	8,548.05
ICICI Prudential Savings Fund - Direct Plan - Growth	Jan 01, 2013	Unrated	8.98	8.09	8.35	0.41	18,689.20
HDFC Low Duration Fund-Direct Plan-Growth	Jan 01, 2013		8.75	7.92	8.23	0.44	15,076.86
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Jan 01, 2013		9.23	8.45	8.60	0.41	11,157.51
Kotak Low Duration Fund- Direct Plan- Growth Option	Jan 01, 2013		9.76	8.63	8.96	0.30	5,969.13
Axis Treasury Advantage Fund - Direct Plan - Growth Option	Jan 01, 2013		8.59	8.31	8.31	0.30	4,954.90

Fund Holdings as on 30-June-2020

Company % Assets
91 DAY T-BILL 24.09.20
11.61
Bharti Hexacom Ltd.
5.22
L&T Finance Holdings Ltd.
4.58
Housing Development Finance Corporation Ltd.
4.54
Housing and Urban Development Corporation Ltd.
3.94
Power Grid Corporation of India Ltd.
3.04
JSW Steel Ltd.
2.89
JSW Steel Ltd.
2.89
Housing Development Finance Corporation Ltd.
2.67
Tata Realty and Infrastructure Ltd.
2.45
Larsen & Toubro Ltd.
2.27
Bank of Baroda
2.26
Tata Motors Ltd.
2.21
Power Finance Corporation Ltd.
1.81
REC Ltd.
1.51
Power Finance Corporation Ltd.
1.48
7.27% CGL 2026
1.27
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
1.26
8.38% State Government of Karnataka 2022
1.26
Reliance Industries Ltd.
1.24
REC Ltd.
1.23
REC Ltd.
1.23
Power Finance Corporation Ltd.
1.23
Indian Oil Corporation Ltd.
1.21
6.92% State Government of Maharashtra 2022
1.21
National Bank for Agriculture and Rural Development
1.21
Export-Import Bank of India
1.20
Housing Development Finance Corporation Ltd.
1.20
Fullerton India Home Finance Company Ltd.
1.19
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
1.19
Reliance Industries Ltd.
1.19
ONGC Petro Additions Ltd.
1.18
Larsen & Toubro Ltd.
1.17
LIC Housing Finance Ltd.
1.13
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.96
7.32% CGL 2024
0.95
Muthoot Finance Ltd.
0.95
Hindustan Petroleum Corporation Ltd.
0.92
5.91% State Government of Kerala 2025
0.89
Mahindra Rural Housing Finance Ltd.
0.89
Power Finance Corporation Ltd.
0.88
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.87
Power Finance Corporation Ltd.
0.87
Tata Realty and Infrastructure Ltd.
0.86
National Bank for Agriculture and Rural Development
0.85
REC Ltd.
0.84
Indian Railway Finance Corporation Ltd.
0.84
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.82
Power Grid Corporation of India Ltd.
0.80
Indian Railway Finance Corporation Ltd.
0.73
Larsen & Toubro Ltd.
0.71
NTPC Ltd.
0.67
LIC Housing Finance Ltd.
0.62
Larsen & Toubro Ltd.
0.61
Power Finance Corporation Ltd.
0.61
Air India Assets Holding Ltd.
0.61
Indian Oil Corporation Ltd.
0.61
Small Industries Development Bank of India
0.60
REC Ltd.
0.60
Housing Development Finance Corporation Ltd.
0.60
LIC Housing Finance Ltd.
0.60
Export-Import Bank of India
0.59
The Ramco Cements Ltd.
0.59
Tata Motors Ltd.
0.59
Tata Realty and Infrastructure Ltd.
0.57
AU Small Finance Bank Ltd.
0.57
Rainbow Devices Trust (Obligor - Reliance Retail Ltd.)
0.53
LIC Housing Finance Ltd.
0.48
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.47
NTPC Ltd.
0.42
Tata Sons Pvt.Ltd.
0.36
8.25% State Government of Gujarat 2024
0.32
REC Ltd.
0.32
Power Finance Corporation Ltd.
0.30
LIC Housing Finance Ltd.
0.30
REC Ltd.
0.30
Tata Power Company Ltd.
0.29
Tata Sons Pvt.Ltd.
0.29
Tata Sons Pvt.Ltd.
0.29
Tata Sons Pvt.Ltd.
0.29
9.41% State Government of Kerala 2024
0.28
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.27
Larsen & Toubro Ltd.
0.18
Power Grid Corporation of India Ltd.
0.13
6.39% State Government of Andhra Pradesh 2026
0.12
7.96% State Government of Maharashtra 2025
0.06
Tata Realty and Infrastructure Ltd.
0.06
Housing Development Finance Corporation Ltd.
0.05
National Bank for Agriculture and Rural Development
0.01
Net Receivable / Payable
-6.97

Sector Holding%
Miscellaneous
47.30

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 Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Magnum Ultra Short Duration Fund
SBI Short Term Debt Fund

Holding Type Holding %
[ICRA]A1+
8.04
[ICRA]AA+
0.59
[ICRA]AAA
1.82
[ICRA]AAA(CE)
1.18
[ICRA]AAA(SO)
6.37
CARE AA-
0.59
CARE AAA
3.52
Cash
-6.97
CRISIL A1+
23.33
CRISIL AA
0.95
CRISIL AAA
37.48
IND A1+
3.94
IND AA
0.29
IND AA+
0.89
SOV
6.36
Sovereign
11.61

About SBI Magnum Low Duration Fund

NULL

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 ₹8,548.05 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 ₹-0.17(-0.01%)yesterday to ₹2720.6421.

Among its top 3 holdings the fund has exposure to 91 DAY T-BILL 24.09.20, 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

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