SBI Magnum Income Fund
Debt | Medium to Long Duration Funds
Monthly Amount Invested
Would Have Become--
Returns-- per annum
|₹500||₹5,000||0.8 %||4★||₹1,510||10 Years|
|Min SIP||Min Lumpsum||Expense Ratio||Rating||Fund Size (in Cr)||Fund Age|
|Min SIP||Min Lumpsum||Expense Ratio|
|4★||₹1,510 Cr||10 Years|
|Rating||Fund Size||Fund Age|
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 doesnt assure or guarantee any returns.
|1 Year||1Y||3 Years||3Y||5 Years||5Y||Max||Max|
M T N L
Govt Securities / Sovereign
Net Curr Ass/Net Receivables
Fund House Details
SBI Magnum Income Fund
|Exit Load||For exit within one year from the date of allotment - 10%. For exit after one Year from the date of allotment - 1.00%. For exit after one Year from the date of allotment - NIL.|
Other Funds from the same Fund House
Debt | Credit Risk Funds | 35.2%7.2%7.0%1Y3Y5Y
Debt | Medium Duration Funds | 44.6%7.2%7.9%1Y3Y5Y
Debt | Corporate Bond Mutual Funds | 34.1%6.4%-1Y3Y5Y
Debt | Short Duration Funds | 34.5%6.2%6.8%1Y3Y5Y
Debt | Banking and PSU Mutual Funds | 23.8%6.2%7.0%1Y3Y5Y
Debt | Medium to Long Duration Funds | 35.2%6.9%7.3%1Y3Y5Y
Debt | Medium to Long Duration Funds | 34.1%6.4%7.7%1Y3Y5Y
Debt | Medium to Long Duration Funds | 36.0%5.8%7.9%1Y3Y5Y
Debt | Medium to Long Duration Funds | 24.4%4.7%6.2%1Y3Y5Y
Debt | Medium to Long Duration Funds | 512.0%10.4%4.4%1Y3Y5Y
AMC Contact Details
SBI Mutual Fund
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Frequently Asked Questions
You can invest in SBI Magnum Income Fund in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI Magnum Income Fund in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
The SBI Magnum Income Fund has delivered 8.1% since inception
The NAV of SBI Magnum Income Fund is ₹62.9 as of 21 March 2023.
The expense ratio of SBI Magnum Income Fund is 0.8 % as of 21 March 2023.
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.