SBI Magnum Income Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 8.53 | 6.12 | 8.05 | 8.08 |
Average Rolling Returns(%) | 9.41 | 8.83 | 8.78 | 8.46 |
The Current NAV of SBI Magnum Income Fund - Growth - Direct Plan is ₹68.41.
It is better to invest in a fund with a longer track record as SBI Magnum Income Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark , as the Funds portfolio is similar to its benchmark.
SBI Magnum Income Fund - Growth - Direct Plan fund’s expense ratio is 0.79%
The process for redemption is
The AUM of SBI Magnum Income Fund - Growth - Direct Plan is currently ₹1,746 Crores.
The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.
Top three sectors of SBI Magnum Income Fund - Growth - Direct Plan fund are Others, Miscellaneous and accounting for 100% of the total portfolio.
Since this is a Debt - Medium to Long Duration Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of SBI Magnum Income Fund - Growth - Direct Plan Fund is Debt - Medium to Long Duration Fund.
Dinesh Ahuja manages the SBI Magnum Income Fund - Growth - Direct Plan Fund.
SBI Magnum Income Fund - Growth - Direct Plan current PE ratio is 0.00 and PB ratio is 0.00
The asset allocation of SBI Magnum Income Fund - Growth - Direct Plan is Stocks : 0%, Debt : 99.99% and Gold : 0.25%
The minimum SIP amount for SBI Magnum Income Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for SBI Magnum Income Fund - Growth - Direct Plan is Nil for 10% of investment and 1% for remaining Investment on or before 1 year, Nil after 1 year