SBI Magnum Ultra Short Duration Fund - Growth - Regular Plan

Item: SBI Magnum Ultra Short Duration Fund - Growth - Regular Plan
Rating: 5
Author: PersonalFN

₹4547.6513 0.04 %Nav, as on 03-07-2020
Previous Nav
₹ 4545.8766
Net Change on 03-07-2020
₹1.77
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 9,847.93
Expense Ratio
0.49%
(As on May 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
19-May-1999
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 (₹)
4228.78
52 Week Low Nav Date
05-Jul-2019
52 Week High Nav (₹)
4547.65
52 Week High Nav Date
03-Jul-2020

Fund Objective

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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	8.58	8.72	7.61	7.64	7.57	7.43
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Ultra Short 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 ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	7.61	7.64	7.57	0.49	9,847.93
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan	Jun 23, 2009	8.71	8.17	8.36	0.45	12,902.24
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan	Apr 16, 2003	8.29	7.87	8.19	0.45	12,902.24
Kotak Savings Fund -Growth	Aug 13, 2004	7.50	7.37	7.59	0.78	9,128.10
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011	7.86	7.57	8.15	1.04	5,238.79
DSP Ultra Short Fund - Regular Plan - Growth	Jul 31, 2006	6.56	6.09	6.53	1.00	2,624.51

Fund Holdings as on 31-May-2020

Company % Assets
REC Ltd.
7.37
IndusInd Bank Ltd.
7.09
84 DAYS CMB 20.08.20
7.06
TREPS
5.33
Power Finance Corporation Ltd.
4.36
Housing Development Finance Corporation Ltd.
3.88
Union Bank of India
3.45
Muthoot Finance Ltd.
3.05
IndusInd Bank Ltd.
3.04
Axis Bank Ltd.
2.99
LIC Housing Finance Ltd.
2.98
LIC Housing Finance Ltd.
2.85
Axis Bank Ltd.
2.48
Tata Capital Financial Services Ltd.
1.96
AU Small Finance Bank Ltd.
1.94
Housing Development Finance Corporation Ltd.
1.74
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
1.63
Union Bank of India
1.50
Axis Bank Ltd.
1.48
Power Finance Corporation Ltd.
1.28
National Bank for Agriculture and Rural Development
1.28
Power Finance Corporation Ltd.
1.28
Net Receivable / Payable
1.10
Reliance Industries Ltd.
1.07
National Bank for Agriculture and Rural Development
1.07
8.46% State Government of Maharashtra 2021
1.05
TATA Capital Ltd.
1.03
National Bank for Agriculture and Rural Development
1.02
Larsen & Toubro Ltd.
1.02
Axis Bank Ltd.
1.00
Axis Bank Ltd.
1.00
AU Small Finance Bank Ltd.
0.99
Housing Development Finance Corporation Ltd.
0.98
Export-Import Bank of India
0.98
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.95
Vedanta Ltd.
0.91
Coastal Gujarat Power Ltd. (Guaranteed by Tata Power Limited)
0.86
Tata Capital Housing Finance Ltd.
0.83
REC Ltd.
0.83
Bank of Baroda
0.82
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.78
Housing Development Finance Corporation Ltd.
0.78
Fullerton India Credit Company Ltd.
0.76
Rainbow Devices Trust (Obligor - Reliance Retail Ltd.)
0.67
Housing Development Finance Corporation Ltd.
0.52
LIC Housing Finance Ltd.
0.52
Housing Development Finance Corporation Ltd.
0.51
Housing Development Finance Corporation Ltd.
0.51
Power Finance Corporation Ltd.
0.51
Housing Development Finance Corporation Ltd.
0.51
REC Ltd.
0.51
Fullerton India Home Finance Company Ltd.
0.51
Mahindra & Mahindra Financial Services Ltd.
0.51
Power Finance Corporation Ltd.
0.51
Power Finance Corporation Ltd.
0.51
Axis Bank Ltd.
0.50
ICICI Bank Ltd.
0.50
National Bank for Agriculture and Rural Development
0.46
Union Bank of India
0.35
LIC Housing Finance Ltd.
0.26
Power Finance Corporation Ltd.
0.26
REC Ltd.
0.26
Housing Development Finance Corporation Ltd.
0.26
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.24
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.24
Rent A Device Trust (Obligor - Reliance Retail Ltd.)
0.23
Reliable Devices Trust (Obligor - Reliance Retail Ltd.)
0.14
Cholamandalam Investment & Finance Co. Ltd.
0.12
National Bank for Agriculture and Rural Development
0.00

Sector Holding%
Miscellaneous
44.13

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+
0.50
[ICRA]AA+
0.12
[ICRA]AAA
1.87
[ICRA]AAA(SO)
3.01
CARE A1+
5.30
CARE AA(CE)
0.86
CARE AA+
0.82
CARE AAA
3.36
Cash
6.43
CRISIL A1+
30.63
CRISIL AA
3.96
CRISIL AAA
34.49
IND AAA
0.51
Sovereign
8.11

About SBI Magnum Ultra Short Duration Fund

NULL

Scheme Analysis

SBI Magnum Ultra Short Duration Fund is a Debt - Ultra Short Duration Fund fund and belongs to SBI Mutual Fund. It was launched on 19-May-1999 and currently has an AUM of ₹9,847.93 crore. SBI Magnum Ultra Short Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of SBI Magnum Ultra Short Duration Fund ended up ₹1.77(0.04%)yesterday to ₹4547.6513.

Among its top 3 holdings the fund has exposure to REC Ltd., and

The SBI Magnum Ultra Short 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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