SBI Magnum Income Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

Scheme Details

Fund manager(s) – Mohit Jain , Pradeep Kesavan
Launch date – 02-Jan-2013
Expense ratio – 0.77% as declared on 31-Aug-2025 (category average is 0.72%)
Benchmark - CRISIL Medium to Long Duration Debt A-III Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

SBI Magnum Income Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1972.77

0.00

0.00%

Aug - 2025	1972.77	0.00%
Jul - 2025	2000.53	0.00%
Jun - 2025	1992.51	0.00%
May - 2025	1982.97	0.00%
Apr - 2025	1942.19	0.00%
Mar - 2025	1918.19	0.00%
Feb - 2025	1899.32	0.00%
Jan - 2025	1890.38	0.00%

2024

1854.90

0.00

0.00%

Dec - 2024	1854.90	0.00	0.00%
Nov - 2024	1808.18	0.00	0.00%
Oct - 2024	1807.38	0.00	0.00%
Sep - 2024	1795.93	0.00	0.00%
Aug - 2024	1792.09	0.00	0.00%
Jul - 2024	1781.39	0.00	0.00%
Jun - 2024	1769.05	0.00	0.00%
May - 2024	1754.62	10697.72	16.40%
Apr - 2024	1748.14	10512.78	16.63%
Mar - 2024	1746.15	10497.49	16.63%
Feb - 2024	1728.85	10533.78	16.41%
Jan - 2024	1712.91	10424.12	16.43%

2023

1708.83

10339.04

16.53%

Dec - 2023	1708.83	10339.04	16.53%
Nov - 2023	1697.31	10252.48	16.56%
Oct - 2023	1672.02	10205.19	16.38%
Sep - 2023	1677.61	10166.17	16.50%
Aug - 2023	1683.35	10267.71	16.39%
Jul - 2023	1625.74	10254.20	15.85%
Jun - 2023	1603.83	9879.61	16.23%
May - 2023	1594.48	9897.42	16.11%
Apr - 2023	1574.94	9613.60	16.38%
Mar - 2023	1537.97	8782.09	17.51%
Feb - 2023	1510.81	8664.05	17.44%
Jan - 2023	1511.48	8854.85	17.07%

2022

1500.51

8823.75

17.01%

Dec - 2022	1500.51	8823.75	17.01%
Nov - 2022	1511.17	8868.33	17.04%
Oct - 2022	1528.23	8884.86	17.20%
Sep - 2022	1531.69	8931.65	17.15%
Aug - 2022	1539.51	9030.92	17.05%
Jul - 2022	1528.82	8993.98	17.00%
Jun - 2022	1543.25	9065.27	17.02%
May - 2022	1618.47	9209.57	17.57%
Apr - 2022	1655.37	9522.23	17.38%
Mar - 2022	1651.73	9984.70	16.54%
Feb - 2022	1660.03	11055.08	15.02%
Jan - 2022	1675.17	13875.84	12.07%

2021

1700.86

13979.77

12.17%

Dec - 2021	1700.86	13979.77	12.17%
Nov - 2021	1713.43	14021.63	12.22%
Oct - 2021	1717.90	13066.65	13.15%
Sep - 2021	1718.94	12674.71	13.56%
Aug - 2021	1700.31	11489.59	14.80%
Jul - 2021	1771.64	10149.83	17.45%
Jun - 2021	1742.93	11824.70	14.74%
May - 2021	1732.97	11398.80	15.20%
Apr - 2021	1709.60	10503.24	16.28%
Mar - 2021	1710.63	10308.16	16.59%
Feb - 2021	1767.31	10671.26	16.56%
Jan - 2021	1772.77	11736.97	15.10%

2020

1765.95

12132.20

14.56%

Dec - 2020	1765.95	12132.20	14.56%
Nov - 2020	1709.58	11910.72	14.35%
Oct - 2020	1587.36	11701.08	13.57%
Sep - 2020	1519.30	11173.97	13.60%
Aug - 2020	1472.92	10473.55	14.06%
Jul - 2020	1386.35	10633.31	13.04%
Jun - 2020	1342.35	10273.77	13.07%
May - 2020	1317.64	9954.80	13.24%
Apr - 2020	1292.48	9571.33	13.50%
Mar - 2020	1295.05	9721.13	13.32%
Feb - 2020	1301.28	10268.81	12.67%
Jan - 2020	1265.57	9772.74	12.95%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

SBI Funds Management Limited

9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Tel no.: 022 - 61793000
Fax no.: 022 – 67425687
Website.: https://www.sbimf.com

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krishna_ksvs
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9 days ago

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44 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more | 1

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12 hrs ago

Invest in a Reliable PSU Bond for Steady Returns POWER FINANCE CORPORATION LIMITED – 2029 Bond ✔️ Coupon: 9.10% p.a. ✔️ Rating: AAA Stable (CRISIL, ICRA, CARE) ✔️ Tenor: 3y 5m (Maturity: 23/Mar/2029) ✔️ PSU Bond | High Return | Listed Secure your funds in a top-rated PSU and benefit from attractive, stable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dlJTdg-tfi/910-power-finance-corporation-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in a Reliable PSU Bond for Steady Returns POWER FINANCE CORPORATION LIMITED – 2029 Bond ✔️ Coupon: 9.10% p.a. ✔️ Rating: AAA Stable (CRISIL, ICRA, CARE) ✔️ Tenor: 3y 5m (Maturity: 23/Mar/2029) ✔️ PSU Bond | High Return | Listed Secure your funds in a top-rated PSU and benefit from attractive, stable returns. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dlJTdg-tfi/910-power-finance-corporation-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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ravisistla
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72 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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sunny85deol
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109 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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110 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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