SBI Magnum Low Duration Fund - Growth - Regular Plan

Item: SBI Magnum Low Duration Fund - Growth - Regular Plan
Rating: 2
Author: PersonalFN

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₹3115.4701 0.01 %Nav, as on 01-12-2023
Previous Nav
₹ 3115.2298
Net Change on 01-12-2023
₹0.24
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 10,861.20
Expense Ratio
1.02%
(As on Oct 31, 2023)

Fund Overview Growth | Regular Plan

Fund House
SBI Mutual Fund
Launch Date
26-Jul-2007
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 (₹)
2920.43
52 Week Low Nav Date
01-Dec-2022
52 Week High Nav (₹)
3115.47
52 Week High Nav Date
01-Dec-2023

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 - REGULAR PLAN - GROWTH	6.35	6.05	6.68	4.54	5.82	7.19
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL 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 - REGULAR PLAN - GROWTH	Jul 26, 2007	6.68	4.54	5.82	1.02	10,861.20
ICICI Prudential Savings Fund - Growth	Sep 27, 2002	7.44	5.30	6.66	0.49	22,540.06
HDFC Low Duration Fund - Growth	Nov 18, 1999	6.94	4.91	6.21	1.04	16,096.64
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998	6.62	4.71	6.11	1.19	12,644.37
Kotak Low Duration Fund- Regular Plan-Growth Option	Mar 06, 2008	6.57	4.57	6.09	1.17	11,205.86
Nippon India Low Duration Fund- Growth Plan - Growth Option	Mar 20, 2007	6.64	4.89	5.89	0.94	6,406.28

Fund Holdings as on 31-October-2023

Company % Assets
7.69% CGL 2028
9.08
State Bank of India( Tier II Bond under Basel III )
4.28
Indian Bank
4.06
National Housing Bank
3.68
Export-Import Bank of India
2.69
SEIL Energy India Ltd.
2.41
7.38% CGL 2027
2.30
Tata Teleservices (Maharastra) Ltd.
2.30
Infina Finance Pvt. Ltd.
2.28
Mangloor Highways Pvt. Ltd.
2.27
ICICI Bank Ltd.
2.24
364 DAY T-BILL 30.05.24
2.21
India Grid Trust
2.13
Cholamandalam Investment & Finance Co. Ltd.
1.84
Net Receivable / Payable
1.77
Indian Railway Finance Corporation Ltd.
1.60
Kotak Mahindra Bank Ltd.
1.54
Bharti Telecom Ltd.
1.39
Tata Teleservices Ltd.
1.38
Tata Projects Ltd.
1.37
ONGC Petro Additions Ltd.
1.37
Panatone Finvest Ltd.
1.36
364 DAY T-BILL 07.03.24
1.35
TMF Holdings Ltd.
1.34
8.25% State Government of Maharashtra 2025
1.30
Axis Bank Ltd.
1.29
Citicorp Finance (India) Ltd.
1.24
364 DAY T-BILL 18.01.24
1.18
Bharti Telecom Ltd.
1.15
JM Financial Credit Solutions Ltd.
1.14
Small Industries Development Bank of India
1.10
Muthoot Finance Ltd.
1.10
8.14% State Government of Karnataka 2025
0.93
7.89% State Government of Gujarat 2025
0.93
Avanse Financial Services Ltd.
0.92
Poonawalla Housing Finance Ltd.
0.92
Small Industries Development Bank of India
0.92
Small Industries Development Bank of India
0.91
HDB Financial Services Ltd.
0.91
Tata Projects Ltd.
0.91
Tata Realty and Infrastructure Ltd.
0.91
Union Bank of India
0.90
Punjab National Bank
0.90
Muthoot Finance Ltd.
0.89
Small Industries Development Bank of India
0.89
Bank of Baroda( Tier II Bond under Basel III )
0.87
Torrent Power Ltd.
0.82
Godrej Industries Ltd.
0.73
Mahindra Rural Housing Finance Ltd.
0.73
TREPS
0.72
India Grid Trust
0.70
PNB Housing Finance Ltd.
0.69
REC Ltd.
0.69
Muthoot Finance Ltd.
0.67
8.08% State Government of Karnataka 2025
0.65
Tata Power Company Ltd.
0.64
National Bank for Agriculture and Rural Development
0.59
State Bank of India( Tier II Bond under Basel III )
0.46
National Bank for Agriculture and Rural Development
0.46
Muthoot Finance Ltd.
0.46
Crompton Greaves Consumer Electricals Ltd.
0.46
Larsen & Toubro Ltd.
0.46
Larsen & Toubro Ltd.
0.46
India Grid Trust
0.46
REC Ltd.
0.46
Muthoot Finance Ltd.
0.46
Bharti Hexacom Ltd.
0.46
7.17% CGL 2030
0.46
6.35% CGL 2024
0.46
Bharti Telecom Ltd.
0.45
Union Bank of India
0.45
HDB Financial Services Ltd.
0.45
Export-Import Bank of India
0.45
Small Industries Development Bank of India
0.45
National Bank for Agriculture and Rural Development
0.45
Phoenix Arc Pvt. Ltd.
0.43
GOI 12.03.2026 GOV
0.39
Tata Capital Housing Finance Ltd.
0.38
GOI 12.06.2026 GOV
0.32
GOI 15.06.2026 GOV
0.32
GOI 12.12.2026 GOV
0.31
REC Ltd.
0.23
HDFC Bank Ltd.
0.23
Bajaj Finance Ltd.
0.23
Union Bank of India
0.23
National Bank for Agriculture and Rural Development
0.18
Corporate Debt Market Development Fund-A2
0.17
National Bank for Agriculture and Rural Development
0.17
GOI 12.04.2024 GOV
0.05
GOI 12.10.2024 GOV
0.04
GOI 12.10.2025 GOV
0.02

Sector Holding%
Miscellaneous
41.20

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 Corporate Bond Fund
SBI Floating Rate Debt Fund
SBI Long Duration Fund
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Floating Rate Debt Fund
SBI Long Duration Fund
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Short Term Debt Fund

Holding Type Holding %
[ICRA]A1+
3.82
[ICRA]AA
3.20
[ICRA]AA+
0.91
[ICRA]AAA
4.26
CARE AA-
1.84
Cash
2.49
CRISIL A1+
30.04
CRISIL AA
1.37
CRISIL AA+
5.65
CRISIL AAA
18.24
IND AA+
2.57
IND AAA
3.14
Sovereign
22.30
Unrated
0.17

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 26-Jul-2007 and currently has an AUM of ₹10,861.20 crore. SBI Magnum Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Low Duration Debt Index as secondary index.

The NAV of SBI Magnum Low Duration Fund ended up ₹0.24(0.01%)yesterday to ₹3115.4701.

Among its top 3 holdings the fund has exposure to 7.69% CGL 2028, 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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