SBI Magnum Monthly Income Plan Floater

  • Category: HYBRID
  • AAUM: 215.42 Cr as on 30 Apr 2017
  • Investment Options: Dividend , Growth
  • Entry Load: N.A.
as on
From To
Quantitative DataAs on 28-Apr-2017
Expense Ratio*: 2.32
Modified Duration*: 1.50
Average Maturity*: 2.07 years
Yield To Maturity*: 7.05
As on  28/04/2017
Portfolio Holdings
Stock Name (%) Of Total AUM
UNITED SPIRITS LTD 8.84
NATIONAL BK FOR AGRI & RURAL DEVPT 8.60
ICICI BANK LTD 8.59
SIDBI LIMITED 8.56
RESERVE BANK OF INDIA 7.52
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 7.40
ALTICO CAPITAL INDIA PVT LTD 6.61
STATE GOVERNMENT OF TAMIL NADU 6.21
DAIMLER FINANCIAL SERVICES INDIA PVT. LTD. 4.51
POWER FINANCE CORPORATION LTD 4.49
Sectoral Breakdown (in %)
IndustryRatio
CERTIFICATE OF DEPOSITS 25.76
COMMERCIAL PAPER 31.34
DATED GOVT SECURITIES 7.36
EQUITY SHARES 14.70
NON-CONVERTIBLE DEBENTURE 9.58
TREASURY BILLS 7.52
SHORT TERM DEPOSITS 0.00
CBLO/REVERSE REPO 5.06
NCA -1.31
  • Fixed income investments are less volatile but may generate returns which can be below inflation. Equity investments are more volatile but have the capability to generate inflation beating returns. Therefore both asset classes have the place in investors’ portfolio. Infact an appropriate combination of these assets classes as per the risk appetite of the investor can help investor in achieving his financial goals. For example a combination of 15% equity & 85% fixed income can generate a regular income for the investor without consuming the investors’ capital.
  • Debt oriented hybrid funds invests a major portion of the corpus in fixed income securities to generate stable income & to provide stability to the portfolio and a minor portion in equity securities to generate equity market related returns & provide kicker to the portfolios’s return.
  • SBI Magnum Monthly Income Plan – Floater invests in Floating rate securities. Investment in floating rate securities would be atleast 65% of the net assets of the scheme while the balance would be invested in fixed rate securities, money market instruments and/or equity related instruments. In the absence of Floating Rate securities, the Fund Manager may swap fixed rate returns for floating rate returns through derivatives like Interest Rate Swap/Forward Rate arrangements as permitted under Regulations. Maximum exposure to equities is capped at 15% in the scheme.
Enter Date * :
Fund Managers
  • Mr. Dinesh Ahuja

    Managing this fund since .

    Total experience 18 years .

  • Mr. Ruchit Mehta - Equity

    Managing this fund since Jul 2011.

    Total experience 11 years .

  • Investment Objective
    • To provide regular income, liquidity and attractive returns to investors in addition to mitigating the impact of interest rate risk through an actively managed portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives.

      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/ per quarter
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