Rating : ★ ★ ★ ☆ ☆

SBI Magnum Ultra Short Duration Fund Direct Plan Weekly Reinvestment of Income Dist cum cap wdrl

Debt

  

Ultra Short Duration Fund

NAV

1156.0751 +0.2735

(as on 27 Sep, 2021)

RETURNS

5.26 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0%

Asset Size

11134.76 Cr.

(As of 15 Sep, 2021)

Benchmark

NIFTY Ultra Short Duration Debt TR INR

Riskometer

Investors understand that their principal will be at Low to Moderate Risk.

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.

app screenshotapp screenshot

Google play store download image Apple app store download image

Fund manager

Rajeev Radhakrishnan

Exit load

N / A

Minimum sip

₹0

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

91 DTB 09092021

7.74%

182 DTB 12112021

5.77%

Rural Electrification Corporation Limited

4.90%

8.20% Govt Stock 2022

3.17%

Sector Allocation

About the Scheme Type

Ultra Short Duration Mutual Funds invest in very short term debt securities with a small portion in longer term debt securities. Ultra Short Duration Mutual Fund maybe used by investors for both short term needs as well as Systematic Transfer Plans (STPs) as they hep investors avoid interest rate risks and offer better returns than most money market instruments. They invest in securities with a maturity period of both greater and less than 91 days and the typical investment horizon ranges from 1 week to 18 months. The returns from these attract capital gains which are taxable.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of SBI Funds Management Private Limited

With 30​ years of rich experience in fund management, we at SBI Mutual Fund, bring forward our expertise by consistently delivering value to our investors. SBI Mutual Fund has a strong and proud lineage tailing back to the State Bank of India (SBI) - India's largest bank. SBI Mutual Fund is a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.

SBI Mutual Fund’s vision -

“To be the most trusted and respected Asset Manager”, and we deliver value and nurture the trust of our vast and varied family of investors, with our network of over 222 acceptance points across India. Investors are our priority. SBI Mutual Fund’s mission is to establish Mutual Funds as a viable investment option to the masses in the country. While on our way towards achieving it, we, at SBI Mutual Fund, have developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds. Today, SBI Mutual Fund has been actively managing investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.