SBI Magnum Constant Maturity Fund - Regular Plan - Growth
(Erstwhile SBI Magnum Gilt Fund - Short Term - Regular Plan - Growth)
Fund House: SBI Mutual Fund| Category: Debt: Gilt Fund with 10 year constant duration |
| Launch Date: 23-12-2000 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY 10 yr Benchmark G-Sec Index |
| Expense Ratio: 0.63% As on (31-01-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 870.8 Cr As on (28-02-2023) |
| Turn over: - | Exit Load: Nil |
52.5452
0.06 (0.1056%)
7.74%
Benchmark: 8.07%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of less than three years.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 3.52 |
| Sharpe Ratio | 0.11 |
| Alpha | -0.53 |
| Beta | 0.84 |
| Yield to Maturity | 7.58 |
| Average Maturity | 9.67 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| SBI Magnum Constant Maturity Fund - Regular Plan - Growth | 23-12-2000 | 3.62 | 3.54 | 4.9 | 7.45 | 8.53 |
| ICICI Prudential Constant Maturity Gilt Fund - Growth | 01-09-2014 | 3.25 | 3.56 | 5.45 | 8.26 | - |
| BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Growth | 09-03-2002 | 2.98 | 2.9 | 4.89 | 8.1 | 8.83 |
| DSP 10Y G-Sec Fund - Regular Plan - Growth | 05-09-2014 | 2.85 | 1.49 | 3.72 | 6.19 | - |
Scheme Characteristics
Minimum investment in Gsecs- 80% of total assets such that the Macaulay duration of the portfolio is equal to 10 years.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
