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Is SBI Magnum Income Fund good?

Is SBI Magnum Income Fund good?

Medium to Long Duration Fund :Medium to Long Duration Fund : Fund has 85.95\% investment in Debt of which 35.07\% in Government securities, 50.88\% in funds invested in very low risk securities…..Portfolio (Updated on 30th Nov,2021)

Security Type \% Weight Category Average
T-Bills 0.87\% 5.14\%
NCD & Bonds 50.88\% 30.27\%

Which is the best performing SBI Mutual Fund?

List of Sbi Mutual Funds in India

Fund Name Category 1Y Returns
SBI Bluechip Fund Equity 26.2\%
SBI Flexicap Fund Equity 31.5\%
SBI Banking & Financial Services Fund Equity 15.8\%
SBI Focused Equity Fund Equity 42.1\%

What is SBI Magnum plan?

SBI Debt Hybrid Fund is a conservative hybrid fund which was initially launched as a monthly income plan in April 2001 under the name SBI Magnum Monthly Income Plan. This debt fund from SBI Mutual Fund featured an AUM (Assets Under Management) of Rs. 1,251 crore as on January 31, 2019.

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What is SBI Magnum Medium Duration fund?

The Current Net Asset Value of the SBI Magnum Medium Duration Fund as of 17 Dec 2021 is Rs 40.8725 for Growth option of its Regular plan….Basic Details.

Fund House SBI Mutual Fund
Benchmark NIFTY Medium Duration Index
Riskometer Moderately High
Type Open-ended
Assets 11,134.96 Cr (As on 30-Sep-2021)

What is SBI Magnum Monthly income Plan?

What are the returns of SBI Magnum constant maturity fund?

SBI Magnum Constant Maturity Fund Direct-Growth returns of last 1-year are 5.24\%. Since launch, it has delivered 10.04\% average annual returns. The fund has doubled the money invested in it every 8 yrs.

Should I invest in a gilt fund with 10 year constant duration?

However if right most red scale is selected, then there is very high risk of negative returns on your investment. Gilt Fund with 10 year constant duration : Fund has 84.6\% investment in Debt of which 84.6\% in Government securities.

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What is mutmutual fund NAV?

Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio This shows how fund has historically performed compared to other funds in the category. If number of stars are higher then relative performance was better. You can read more about ranking methodology here

When will the performance of SBI multi asset allocation fund be calculated?

Pursuant to the circular issued by SEBI on Categorization and Rationalization of the Schemes , there has been change in the fundamental attributes of SBI Multi Asset Allocation Fund (like asset allocation, benchmark and investment objectives) with effect from May 16, 2018, hence the performance of the fund is calculated from May 16, 2018.