SBI Magnum Medium Duration Fund - Regular Plan - Growth
(Erstwhile SBI REGULAR SAVINGS FUNDS - REGULAR PLAN - GROWTH)
Fund House: SBI Mutual Fund| Category: Debt: Medium Duration |
| Launch Date: 12-11-2003 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Medium Duration Debt Index C-III |
| TER: 1.22% As on (30-09-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 6,969.9 Cr As on (31-10-2023) |
| Turn over: - | Exit Load: For units in excess of 8% of the investment |
45.054
-0.01 (-0.0184%)
7.77%
Benchmark: 8.67%
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 invest at least 80 per cent of its corpus in investment grade debt instruments and money market instruments and the balance in equity and equity related instruments. The stocks would be selected from the BSE 100 index only.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 1.48 |
| Sharpe Ratio | - |
| Alpha | 0.4 |
| Beta | 0.73 |
| Yield to Maturity | 8.11 |
| Average Maturity | 4.74 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| SBI Magnum Medium Duration Fund - Regular Plan - Growth | 12-11-2003 | 6.93 | 4.97 | 4.77 | 7.51 | 8.76 |
| Axis Strategic Bond Fund - Regular Plan - Growth Option | 28-03-2012 | 6.81 | 5.18 | 5.33 | 6.74 | 8.07 |
| ICICI Prudential Medium Term Bond Fund - Growth | 15-09-2004 | 6.7 | 5.24 | 5.42 | 7.21 | 7.84 |
| BARODA BNP PARIBAS Medium Duration Fund - Regular Plan - Growth Option | 05-03-2014 | 6.64 | - | - | - | - |
| Nippon India Strategic Debt Fund - Growth Option | 01-06-2014 | 6.63 | 4.26 | 8.66 | -1.09 | - |
| HSBC Medium Duration Fund - Regular Growth | 02-02-2015 | 6.56 | 4.4 | 4.63 | 6.19 | - |
| DSP Bond Fund - Growth | 29-04-1997 | 6.54 | 4.57 | 4.34 | 4.96 | 6.69 |
| Aditya Birla Sun Life Medium Term Plan - Growth - Regular Plan | 25-03-2009 | 6.43 | 15.09 | 12.55 | 8.08 | 8.52 |
| HDFC Medium Term Debt Fund - Growth Option | 06-02-2002 | 6.33 | 4.46 | 4.79 | 6.7 | 7.45 |
| Union Medium Duration Fund - Regular Plan - Growth Option | 14-09-2020 | 6.18 | 3.55 | 3.54 | - | - |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years.
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.
