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SBI Magnum Low Duration Fund Direct Plan Fortnightly Dividend Payout

Debt

  

Low Duration Fund

NAV

1031.992 + 0.4755

as on (03 Apr, 2020)

RETURNS

5.48 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.4 %

Benchmark

NIFTY Low Duration Debt Index TR INR

Asset Size

9831.81 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

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.

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Fund manager

Rajeev Radhakrishnan

(since 09 Jun, 2008)

Exit load

N / A

Minimum sip

₹ 500

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

Shriram Transport Finance Company Limited

5.05 %

Shriram City Union Finance Limited

4.67 %

Power Finance Corporation Ltd.

4.65 %

Indian Railway Finance Corporation Limited

3.89 %

Sector Allocation

About the Scheme Type

Low Duration Fund

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.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

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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.