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SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

(Erstwhile SBI Magnum Insta Cash Fund - Regular Plan - Daily Dividend)

Category: Debt: Ultra Short Duration
Launch Date: 14-03-2007
Asset Class: Fixed Income
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Expense Ratio: 0.54% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 11,397.96 Cr As on (30-04-2024)
Turn over:
NAV (₹): 2073.0237
₹ 0.18 ( 0.0086%)
as on 10-05-2024
CAGR Since Inception - 4.17%
CRISIL Ultra Short Duration Fund BI Index - 5.39%

Fund Managers

R Arun, Ardhendu Bhattacharya, Pradeep Kesavan


Investment Objective

The scheme aims to provide investors an opportunity to earn returns through investment in debt and money market securities, while having the benefit of a very high degree of liquidity.

PERFORMANCE of SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

Scheme Performance (%) Data as on - 10-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 7.15 5.45 5.31 5.84 4.17
Benchmark - - - - -
Debt: Ultra Short Duration 6.86 5.32 5.45 6.48 6.11

RETURNS CALCULATOR for SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) 0.19 11.08 4.25 0.1 7.59 0.48
Debt: Ultra Short Duration - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
SBI Magnum Ultra Short Duration Reg Daily IDCW 14-03-2007 7.15 6.58 5.45 5.31 5.84
ABSL Savings Gr Reg 27-11-2001 7.46 6.83 5.78 6.22 7.31
ABSL Savings Retail Gr 27-11-2001 7.46 6.83 5.78 6.22 7.31
Mirae Asset Ultra Short Duration Reg Gr 05-10-2020 7.35 6.69 5.61 0.0 0.0
Baroda BNP Paribas Ultra Short Duration Reg Gr 29-05-2018 7.29 6.86 5.72 5.68 0.0
Bandhan Ultra Short Term Reg Gr 01-07-2018 7.18 6.6 5.43 5.62 0.0
ICICI Pru Ultra Short Term Gr 01-05-2011 7.18 6.59 5.59 6.05 7.68
HSBC Ultra Short Duration Gr 29-01-2020 7.17 6.61 5.5 0.0 0.0
HDFC Ultra Short Term Gr 05-09-2018 7.16 6.56 5.47 5.78 0.0
SBI Magnum Ultra Short Duration Reg Gr 21-05-1999 7.15 6.57 5.44 5.68 6.74

Asset Allocation (%)

PORTFOLIO ANALYSIS of SBI Magnum Ultra Short Duration Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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