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SBI Magnum Medium Duration Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Medium Duration Fund
Fund House : SBI Mutual Fund

Scheme Objective

To provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 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)Dinesh Ahuja
  • Launch date – 29-Jan-2013
  • Expense ratio – 0.68% as declared on 31-Oct-2021 (category average is 0.63%)
  • Benchmark - CRISIL 10 Year Gilt 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 Medium Duration Fund - Direct Plan - Growth charges 1.5% of sell value; if fund sold before 365 days. There are no other charges.

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

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

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