SBI Magnum Income Fund

  • Category: DEBT
  • AAUM: 1521.99 Cr as on 28 Oct 2016
  • Investment Options: Dividend , Growth
  • Entry Load: N.A.
as on
From To
Quantitative DataAs on 31-Oct-2016
Expense Ratio*: 1.88
Modified Duration*: 4.75
Average Maturity*: 7.23 years
Yield To Maturity*: 7.18
As on  31/10/2016
Portfolio Holdings
Stock Name (%) Of Total AUM
GOVERNMENT OF INDIA 48.19
L&T METRO RAIL (HYDERABAD) LIMITED 12.51
INDIAN RAILWAY FINANCE CORPORATION LTD 6.17
NATIONAL HIGHWAYS AUTHORITY OF INDIA 3.49
INDOSTAR CAPITAL FINANCE PVT LTD 2.86
NATIONAL BK FOR AGRI & RURAL DEVPT 2.04
FORBES & COMPANY LTD 1.61
SVL LIMITED 1.58
CREDILA FINANCIAL SERVICES PVT LTD 0.81
NATIONAL HOUSING BANK 0.34
Sectoral Breakdown (in %)
IndustryRatio
DATED GOVT SECURITIES 48.19
NON-CONVERTIBLE DEBENTURE 29.83
ZERO COUPON BOND 1.58
SHORT TERM DEPOSITS 0.00
CBLO/REVERSE REPO 4.37
NCA 16.03
  • What are the options available to you to invest in fixed income securities? Fixed deposit of banks, Infrastructure bonds, post office deposit, government securities, corporate bonds etc. are some of the options. Investment in options like fixed deposit of banks, post office deposit is simple and easily understood as these investments are generally held till maturity & are not traded on any stock exchange or other platforms. These investments are considered as safe investment however they suffer from lack of liquidity and also returns are linear. Investors are not able to benefit from potential capital gains arising in the falling interest rate scenario.
  • Investment directly in government securities, corporate bonds etc. are not simple & easily understood. But these investments are traded on various platforms and prices of these securities are available on day to day basis. Therefore these securities provide liquidity and opportunity for potential capital gains in the falling interest rate scenario. Investments in these securities require professional management.
  • SBI Magnum Income Fund invests in corporate debentures, bonds, securitized debt, government securities, money market instrument etc. Investments are done based on a continuous evaluation of macro-economic factors, market dynamics and debt-issuer specific factors.
Fund Manager
  • Mr. Dinesh Ahuja

    Managing this fund since Jan 2011.

    Total experience 18 years .

  • Investment Objective
    • To provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities.

      Medium Term

    Investment Information
    SIP -

    Weekly SIP - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 weeks

    Monthly - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 months or Minimum Rs. 500 & in multiples of Rs. 1 thereafter for minimum 12 months

    Quarterly - Minimum 1500 & in multiples of 1 thereafter for minimum 1 year

    Lumpsum - 5000
    Switch - N.A.
    SWP - Minimum Rs. 500 per month/quarter/week/half-year/annual
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