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SBI Magnum Ultra Short Duration Fund

Fund Manager

  • Mr. Rajeev Radhakrishnan

    Managing this fund since May 2010.

    Total experience 17 years .

    See all Open-Ended funds managed by Mr. Rajeev Radhakrishnan
    Mr. Rajeev Radhakrishnan
    Description :

    Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA

    Total experience: 17 years
    Open-Ended funds Managed by Mr. Rajeev Radhakrishnan
    • Category
      DEBT
    • AUM ():
      10211.37 Cr as on 30 Sep 2020
    • Risk
      LOW
      riskometer
      • Regular income for short term
      • Investment in Debt and Money Market instruments
    • Benchmark
      NIFTY Ultra Short Duration Debt Index
    • Exit Load
      Read more

      Nil

    • Type of Scheme
      Read more
      An open-ended ultra-short-term Debt Scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months to 6 months.
    • Launch Date
      May 21, 1999
    INVEST NOW
    Returns

    as onSeptember 30, 2020

    7.38%

    * for Regular Growth

    Min Lumpsum ()

    5000 & in multiples of 1

    Min Additional Lumpsum ()

    1000 & in multiples of 1

    • Fund Overview
    • Portfolio
    • Historical NAV
    • Documents
    • TAX Status
    • Performance
    • Index Constituent

    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 Fund6.59%7.43%7.37%7.38%
    Scheme Benchmark: - NIFTY Ultra Short Duration Debt Index

    Benchmark

    		6.26%7.33%7.43%N.A.
    Additional Benchmark: - Crisil 1 Yr T-Bill Index

    Additional Benchmark

    		6.39%6.87%6.81%6.6%

    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 10659 12401.89 14276.71 45819.88
    Scheme Benchmark: - NIFTY Ultra Short Duration Debt Index

    Benchmark

    		 10626 12365.02 14314.03N.A.
    Additional Benchmark: - Crisil 1 Yr T-Bill Index

    Additional Benchmark

    		 10639 12209.34 13904.74 39246.5
    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 As on 30-Sep-2020
    Expense Ratio**: 0.49
    Modified Duration: 0.46
    Average Maturity: 0.47 years
    Yield To Maturity: 0.44

    **Expense ratio exclusive of Service Tax on Management Fees

    Portfolio Holdings

    As on  30/09/2020
    Stock Name (%) Of Total AUM
    CASH, CASH EQUIVALENTS AND OTHERS 9.00
    REC LTD. 7.69
    HOUSING DEVELOPMENT FINANCE CORPORATION LTD. 7.52
    AXIS BANK LTD. 7.35
    UNION BANK OF INDIA 4.89
    364 DAY T-BILL 29.07.21 4.80
    EXPORT-IMPORT BANK OF INDIA 4.58
    91 DAY T-BILL 03.12.20 3.93
    POWER FINANCE CORPORATION LTD. 3.82
    NLC INDIA LTD. 3.70
    view complete portfolio

    Sectoral Breakdown (in %)

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