3 Year return
6.57%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹6799.91 Cr.
Expense Ratio
0.69% (inclusive of GST)
Exit Load
For exit within 3 months from the date of allotment: 1% For exit after 3 months from the date of allotment - Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
SBI Mutual Fund Managers
DA
Dinesh Ahuja
Fund Manager since Apr 2022
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Aditya Birla Sun Life Medium Term Fund |
14.48% |
4 |
ICICI Prudential Medium Term Bond Fund |
6.91% |
5 |
Axis Strategic Bond Fund |
7.14% |
5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment
The SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment is a debt fund managed by SBI Mutual Fund. The fund invests in a diversified portfolio of medium-term debt securities. The SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment is an open-ended fund. This means that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of the SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment is lower than the category average expense ratio.
Investment Objectives of the Scheme
The fund seeks to achieve its investment objective by investing the majority of its assets in medium-term debt securities. It aims to provide attractive returns to investors with moderate liquidity by investing in money market instruments with a Macaulay duration of 3-4 years. The fund may also invest in money market instruments, but only to the extent necessary for liquidity management purposes.
Key Features of The Fund
5-year return | 7.57% |
Expense Ratio | 0.69% |
Fund Manager | Dinesh Ahuja |
Fund Size | ₹6799.91 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
This fund is suitable for investors who have a moderate risk appetite and are looking for regular income. The fund is also suitable for investors who have an investment horizon of 1-3 years. However, it is important to remember that this is a debt fund, and it is subject to the risks associated with the debt market. Investors should do their own research before investing in this fund.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 3333 1800 425 5425 |
customer.delight@sbimf.com | |
Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
What is the AUM of SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
What is the expense ratio of SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
What are the returns of SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Magnum Medium Duration Fund Direct Plan IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.