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SBI Magnum Low Duration Fund Institutional Growth

Medium
Risk
Debt
Low Duration Fund
+
4.91
%
4.91
%
3Y annualised
+
0.07
%
0.07
%
1 Day returns
Fund size
10164
NAV:
Feb 23, 2024
3221.36
Sector
Tech
Type
Debt
Launched
Jul 2007
Min Investment
5000
Expense Ratio
1
Risk
Medium

Portfolio allocation

Top 10 Holdings
% Value
7.69% Govt Stock 2028
9.7
%
National Housing Bank
3.94
%
L&T Metro Rail (Hyderabad) Limited
3.62
%
Larsen & Toubro Ltd.
3.44
%
LIC Housing Finance Limited
3.13
%
Panatone Finvest Ltd
2.73
%
Mangloor Highways Private Limited
2.44
%
Small Industries Development Bank of India
1.97
%
Cholamandalam Investment And Fin. Co. Ltd
1.87
%
Indian Railway Finance Corporation Limited
1.72
%

Expense ratio, exit load and tax

Expense Ratio:

1

%

Inclusive of GST

Exit load

No exit loads

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Fund house & investment objective

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SBI Magnum Low Duration Fund Institutional Growth
More details

Investment 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.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
Calculate returns
One-time
Monthly SIP
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* Returns are calculated as per lifetime average per annum returns of the fund.
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