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SBI Magnum Ultra Short Duration Fund

Fund Manager
  • Mr. R. Arun

    Managing this fund since Jun 2021.

    Total experience 12 years .

    • Category
      DEBT
    • AUM ():
      8103.85 Cr as on 30 Nov 2022
    • Risk
      LOW to MODERATE
      riskometer
      • Regular income for short term
      • Investment in Debt and Money Market instruments
    • Benchmark
      NIFTY Ultra Short Duration Debt Index
    • Exit Load
      Read more
    • Type of Scheme
      Read more
    • Launch Date
      May 21, 1999
    Returns

    as onOctober 31, 2022

    7.05%

    * for Regular Growth

    Min Lumpsum ()

    5000 & in multiples of 1

    Min Additional Lumpsum ()

    1000 & in multiples of 1

    Investment Objective

    To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

    Investment Strategy

    An open ended ultra-short duration debt scheme investing in instruments such that the Macaulay duration of Portfolio is between 3 months and 6 months. 
     
    The scheme will invest its corpus in the entire range of debt and money market securities in line with the investment objective to provide attractive risk-adjusted returns to its investors through active management of credit risk and interest rate risk in its portfolio.

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(21/05/1999)
    SBI Magnum Ultra Short Duration Fund3.88%4.5%5.88%7.05%
    Scheme Benchmark: - CRISIL ULTRA SHORT DURATION BI INDEX
    4.8%5.1%6.16%7.54%
    Additional Benchmark: - Crisil 1 Yr T-Bill Index
    3.4%4.37%5.5%6.33%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(21/05/1999)
    SBI Magnum Ultra Short Duration Fund 10388 11412.27 13308.82 49431.78
    Scheme Benchmark: - CRISIL ULTRA SHORT DURATION BI INDEX
    10480 11612.39 13485.87 55009.4
    Additional Benchmark: - Crisil 1 Yr T-Bill Index
    10340 11370.07 13072.59 42211.1
    Notes:
    • Different plans shall have different expense structure. In case of return calculated the dividend option, it is assumed that dividend declared under the schemes have been reinvested at the prevailing NAV
    • Past performance may or may not be sustained in future and same may not necessarily provide the basis for comparison with other investment
    • Load is not considered for computation of returns
    • Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns
    • The data of the last working day has been considered for the calculation of performance
    • Wherever TRI data since inception for benchmarks is not available, benchmark performance is calculated using composite of CAGR and TRI values of the benchmark
    • The performance of the schemes is benchmarked to the Total Return variant of the Index
    • To view other open ended funds managed by the fund manager go to the Fund Manager section
    as on
    Quantitative Data
    Expense Ratio** (As on 2022-10-31): 0.50
    Modified Duration: 0.43
    Average Maturity: 0.46 years
    Yield To Maturity: 7.12

    **Expense ratio exclusive of Service Tax on Management Fees

    **All expense ratios are inclusive of GST on Management Fees

    Portfolio Holdings

    As on  30/11/2022
    Stock Name (%) Of Total AUM
    GOVERNMENT OF INDIA 18.52
    NATIONAL BK FOR AGRI & RURAL DEVPT 7.59
    SIDBI LIMITED 6.11
    HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 5.57
    GOVERNMENT OF INDIA 5.50
    BANK OF BARODA 5.08
    HDFC BANK LIMITED 4.97
    INDIAN RAILWAY FINANCE CORPORATION LTD 3.97
    FULLERTON INDIA CREDIT COMPANY LTD 3.85
    L & T FINANCE LTD 3.60

    Sectoral Breakdown (in %)

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