SBI Magnum Medium Duration Fund - Investment Information
- Debt
- Medium Duration
- Moderately High
-
₹48.55
(-0.02%)
Current NAV 22-11-2024
-
7.99%
Returns
-
Min. SIP ₹500
Min. Investment ₹5000
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.
Basic Details
Key Information About Investing Details.
- CategoryMedium Duration
- KRACAMS
- Inv. PlanGrowth
- Launched In12-Nov-03
- BenchmarkNIFTY Medium Duration Debt Index C-III
- Fund TypeOpen Ended
- Fund HouseSBI Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size5990.33 Cr.
- Min. Investment₹ 5000
- Min. Sip Inv.₹ 500
- Min. Addl Inv.₹ 1000
- Expense Ratio1.21%
- Turn over252%
- Exit LoadFor units in excess of 8% of the investment, 1.50% will be charged for redemption within 12 months
Fund Managers
Details of Managers and their Experience
Fund Manage : 43
Total AUM. : ₹434,274 Cr.
Fund Manage : 3
Total AUM. : ₹11,145 Cr.
Fund Manage : 3
Total AUM. : ₹27,236 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCSBI Mutual Fund
- Emailpartnerforlife@sbimf.com
- Office No 022-61793000
- Websitehttps://www.sbimf.com
- Address9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.