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.

No of Debt Holding 27 (Category Avg - 25.69) | Modified Duration 5.41 Years (Category Avg - 5.75)| Yield to Maturity 7.31% (Category Avg - 6.96%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
GOI	39.52%	64.70%
CD	0.00%	0.04%
T-Bills	0.00%	0.06%
NCD & Bonds	45.62%	26.85%
PTC	4.68%	1.86%

Category - Medium to Long Duration Fund

Security Type	% Weight	Category Average
Government Backed	39.52%	64.77%
Low Risk	50.30%	28.75%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Medium to Long Duration Fund

Debt holding in Portfolio (as on 30th Nov,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			2974.34	13.72%	3.00 Cr
Bond - Govt of India	GOI	Other			1954.19	9.01%	2.00 Cr
Bond - Govt of India	GOI	Other			1773.49	8.18%	1.75 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	1528.48	7.05%	15.00 k
Bond - Govt of India	GOI	Other			980.56	4.52%	1.00 Cr
Bond - Govt of India	GOI	Other			886.58	4.09%	90.00 L
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	784.36	3.62%	7.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	751.93	3.47%	7.50 k
Bond - ReNew Solar Energy (Jharkhand Five) Private Ltd.	NCD & Bonds	Power generation	CARE AA	CARE	714.27	3.29%	7.50 k
Bond - Jtpm Metal Traders Pvt Ltd.	NCD & Bonds	Trading - metals	AA	CRISIL	616.63	2.84%	6.00 k
Bond - Motilal Oswal Finvest Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA	CRISIL	607.02	2.80%	6.00 k
Bond - HG Infra Engineering Ltd.	NCD & Bonds	Civil construction	LAA-	ICRA	601.99	2.78%	6.00 k
Bond - Avanse Financial Services Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA-	CARE	552.41	2.55%	5.50 k
Bond - Tata Power Renewable Energy Ltd.	NCD & Bonds	Power generation	LAA+	ICRA	512.58	2.36%	5.00 k
Bond - HDB Financial Services Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	507.76	2.34%	5.00 k
Bond - Shivshakti Securitisation Trust	PTC	Ptc	AAA	CRISIL	507.48	2.34%	50.00
Bond - Siddhivinayak Securitisation Trust	PTC	Ptc	AAA	CRISIL	507.47	2.34%	50.00
Bond - JM Financial Credit Solutions Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA	ICRA	504.77	2.33%	5.00 k
Bond - National Highways Infra Trust	NCD & Bonds	Road assets–toll, annuity, hybrid-annuity	INDAAA	FITCH	388.05	1.79%	7.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	260.72	1.20%	2.50 k
Bond - Aadhar Housing Finance Ltd.	NCD & Bonds	Housing finance company	LAA	ICRA	251.87	1.16%	2.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	249.73	1.15%	2.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	249.66	1.15%	2.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	249.53	1.15%	2.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	249.50	1.15%	2.50 k
Bond - HDB Financial Services Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	200.48	0.92%	200.00
Bond - JM Financial Asset Reconstruction Co.	NCD & Bonds	Financial institution	LAA-	ICRA	112.72	0.52%	4.50 k

Name	Type of Instrument	Weight (%)
TREPS	TREPS	8.08%
Net Receivables	Net Receivables	1.84%
Net Receivables	Net Receivables	0.26%

SBI Magnum Income Fund - Direct Plan - Growth

Portfolio Summary (as on 30th Nov,2025)

Debt holding in Portfolio (as on 30th Nov,2025)

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