SBI MAGNUM INCOME FUND-REG(G)

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

SBI MAGNUM INCOME FUND-REG(G)

market linked 7.68 % 5.35 % 7.39 %

BenchMark : CRISIL Medium to Long Term Debt Index

BenchMark Return - - -

Value of Rs. 1,00,000 Invested

current value 107680 116924 142829
scheme objective To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.
Category Mutual Fund > Debt > Medium to Long Duration Fund
Fund Type Open Ended
Fund Manager Lokesh Mallya
Minimum Amount for Lumpsum Investment (Rs.) 5000
Minimum Amount for SIP Investment (Rs.) 5000
Nav Date 27/03/2024
Nav 63.98
AUM (Cr.) 1728.85
AUM Date 29/02/2024
Expense Ratio Currently 1
Expense Ratio Date Currently 29/02/2024
Modified Duration(Yrs) 5.71
Modified Duration Date(Yrs) 29/02/2024
YTM 8.04
YTM Date 29/02/2024
Entry Load NIL
Exit Load Nil for 10% of investment and 1% for remaining Investment on or before 1Y, Nil after 1Y
Tax Treatment of Income Short Term capital gains made on redemptions within three years of investment added to investor income, Long term capital gains taxed at 20% with or without indexation
Tax Benefit on Investment Not Available
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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