SBI Magnum Gilt Fund - Regular Plan - Growth

(Erstwhile SBI Magnum Gilt Fund - Long Term - Regular Plan - Growth)
Fund House: SBI Mutual Fund
Category: Debt: Gilt
Launch Date: 30-12-2000
Asset Class: Fixed Income
Benchmark: NIFTY All Duration G-Sec Index
TER: 0.94% As on (31-08-2023)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 7,195.93 Cr As on (31-08-2023)
Turn over: - | Exit Load: Nil

57.2626

7.98%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India 10 Year Sovereign Bond
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
7 Years 11 Months
17 Years 11 Months
19 Years 10 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.

Current Asset Allocation (%)

Indicators

Standard Deviation 2.06
Sharpe Ratio 0.53
Alpha 0.85
Beta 0.43
Yield to Maturity 7.13
Average Maturity 4.42

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
SBI Magnum Gilt Fund - Regular Plan - Growth 30-12-2000 7.82 5.02 5.29 8.41 8.99
ICICI Prudential Gilt Fund - Growth 19-08-1999 7.97 4.95 5.56 8.02 8.66
Baroda BNP Paribas GILT FUND - Regular Plan - Growth Option 21-03-2002 7.84 3.63 3.97 6.82 7.05
SBI Magnum Gilt Fund - Growth - PF (Fixed Period - 3 Yrs) Option 28-11-2003 7.82 5.02 5.29 8.41 8.99
SBI Magnum Gilt Fund - Growth - PF (Regular) Option 28-11-2003 7.82 5.02 5.29 8.41 8.99
Tata Gilt Securities Fund -Regular Plan- Growth Option 06-09-1999 7.31 4.03 3.89 6.89 7.37
DSP Government Securities Fund - Regular Plan - Growth 30-09-1999 7.3 4.21 4.78 8.37 8.07
BANDHAN Government Securities Fund - IP - Regular Plan - Growth 01-12-2008 7.18 3.45 3.98 8.26 8.18
HDFC Gilt Fund - Growth Plan 01-07-2001 7.18 3.54 4.02 6.48 7.66
Kotak Gilt-Investment Regular-Growth 29-12-1998 7.11 3.86 4.58 7.61 7.88

Scheme Characteristics

Minimum investment in Gsecs- 80% of total assets (across maturity).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

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.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

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