SBI Magnum Income Fund - IDCW - Direct Plan

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  • Net Change on 16-07-2024

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  • Assets (Cr.)

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Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
SBI Magnum Income Fund - Direct Plan - Half Yearly - Income Distribution cum Capital Withdrawal Option (IDCW) 8.48 10.40 7.73 6.22 7.33 7.42
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
CRISIL Medium to Long Term 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 Income Fund - Direct Plan - Half Yearly - Income Distribution cum Capital Withdrawal Option (IDCW) Jan 02, 2013 7.73 6.22 7.33 0.78 1,769.05
Kotak Bond Fund - Direct Plan - Standard IDCW option Jul 02, 2013 8.41 6.41 6.28 0.69 1,976.82
SBI Magnum Income Fund - Direct Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW) Mar 14, 2013 7.73 6.22 7.34 0.78 1,769.05
Bandhan Bond Fund - Income Plan-Direct Plan-Annual IDCW Feb 21, 2013 Unrated 7.30 4.91 5.14 1.32 489.60
Bandhan Bond Fund - Income Plan-Direct Plan-Periodic IDCW Sep 15, 2014 Unrated 7.30 4.91 4.71 1.32 489.60
Bandhan Bond Fund - Income Plan-Direct Plan-Quarterly IDCW Jan 23, 2013 Unrated 7.30 4.91 5.44 1.32 489.60

Fund Holdings as on 30-June-2024

  • 7.10% CGL 2034

  • 7.30% CGL 2053

  • 7.23% CGL 2039

  • 7.25% CGL 2063

  • 7.18% CGL 2033

  • Torrent Power Ltd.

  • Godrej Properties Ltd.

  • Tata Housing Development Co. Ltd.

  • 7.34% CGL 2064

  • 7.52% State Government of Uttar Pradesh 2039

  • Indostar Capital Finance Ltd.

  • Avanse Financial Services Ltd.

  • Bharti Telecom Ltd.

  • JM Financial Credit Solutions Ltd.

  • JM Financial Asset Reconstruction Company Ltd.

  • Jindal Stainless Ltd.

  • Net Receivable / Payable

  • Grihum Housing Finance Ltd.

  • Pipeline Infrastructure Pvt Ltd.

  • Aadhar Housing Finance Ltd.

  • Tata Projects Ltd.

  • National Bank for Agriculture and Rural Development

  • REC Ltd.

  • TREPS

  • Corporate Debt Market Development Fund-A2

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  • Miscellaneous

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Fund Manager

  • Education:B.Tech, M.Tech, PGDBM
  • Experience:14
  • Basic Details:Mr. Sharma has joined SBIFML in Novemeber 2017. He has over 14 years of experience in financial services sector.
  • Funds Managed:
  • SBI Credit Risk Fund
  • SBI Magnum Income Fund

Most Recent Dividend

  • 27/09/2019

  • 29/03/2019

  • 12/10/2018

  • 23/03/2018

  • 29/09/2017

  • 24/03/2017

  • 30/09/2016

  • 23/03/2016

  • 24/09/2015

  • 20/03/2015

  • 29/09/2014

  • 07/03/2014

  • [ICRA]AA

  • [ICRA]AA+

  • [ICRA]AA-

  • CARE AA

  • CARE AA-

  • Cash

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AA-

  • CRISIL AAA

  • IND AA

  • Sovereign

  • Unrated

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About SBI Magnum Income Fund

Scheme Analysis

SBI Magnum Income Fund is a Debt - Medium to Long Duration Fund fund and belongs to SBI Mutual Fund. It was launched on 02-Jan-2013 and currently has an AUM of ₹1,769.05 crore. SBI Magnum Income Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Medium to Long Term Debt Index as secondary index.

The NAV of SBI Magnum Income Fund ended up ₹0.02(0.09%)yesterday to ₹19.9225.

Among its top 3 holdings the fund has exposure to 7.10% CGL 2034, and

The SBI Magnum Income Fund is managed by Lokesh Mallya and Adesh Sharma.

Fund House Contact

9th Floor, Crescenzo, C - 38 & 39 G Block, BKC, Bandra (East) Mumbai - 400 051

022 - 61793537
022 - 22189663
www.sbimf.com