SBI Magnum Ultra Short Duration 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 with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

Scheme Details

Fund manager(s) – Sudhir Agrawal , Pradeep Kesavan
Launch date – 01-Jan-2013
Expense ratio – 0.35% as declared on 31-Aug-2025 (category average is 0.3%)
Benchmark - CRISIL Ultra Short Duration Debt A-I 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

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

16317.58

0.00

0.00%

Aug - 2025	16317.58	0.00%
Jul - 2025	15902.29	0.00%
Jun - 2025	16407.97	0.00%
May - 2025	16433.66	0.00%
Apr - 2025	15124.68	0.00%
Mar - 2025	12469.58	0.00%
Feb - 2025	11987.00	0.00%
Jan - 2025	12091.16	0.00%

2024

12177.73

0.00

0.00%

Dec - 2024	12177.73	0.00	0.00%
Nov - 2024	12426.01	0.00	0.00%
Oct - 2024	11857.95	0.00	0.00%
Sep - 2024	12641.89	0.00	0.00%
Aug - 2024	12828.42	0.00	0.00%
Jul - 2024	13220.09	0.00	0.00%
Jun - 2024	11568.49	0.00	0.00%
May - 2024	10548.21	97006.94	10.87%
Apr - 2024	11397.96	94794.17	12.02%
Mar - 2024	9017.67	83544.25	10.79%
Feb - 2024	9213.07	91704.56	10.05%
Jan - 2024	10861.11	91480.51	11.87%

2023

11039.88

88408.54

12.49%

Dec - 2023	11039.88	88408.54	12.49%
Nov - 2023	11780.12	93889.99	12.55%
Oct - 2023	13269.91	95369.90	13.91%
Sep - 2023	13317.06	92363.93	14.42%
Aug - 2023	13259.52	97750.01	13.56%
Jul - 2023	15030.19	100730.09	14.92%
Jun - 2023	14258.81	93174.14	15.30%
May - 2023	13324.34	96771.97	13.77%
Apr - 2023	11492.60	90174.79	12.74%
Mar - 2023	8969.57	76133.14	11.78%
Feb - 2023	8907.57	88712.17	10.04%
Jan - 2023	9789.99	90253.42	10.85%

2022

9690.92

88333.68

10.97%

Dec - 2022	9690.92	88333.68	10.97%
Nov - 2022	8074.00	85941.08	9.39%
Oct - 2022	11433.42	87288.57	13.10%
Sep - 2022	11596.56	86241.03	13.45%
Aug - 2022	11983.79	95478.10	12.55%
Jul - 2022	12513.07	89013.74	14.06%
Jun - 2022	10273.40	83057.80	12.37%
May - 2022	13493.99	95333.63	14.15%
Apr - 2022	14143.61	101249.54	13.97%
Mar - 2022	11059.63	84443.32	13.10%
Feb - 2022	10098.52	88610.44	11.40%
Jan - 2022	10023.35	89966.25	11.14%

2021

9119.78

84967.28

10.73%

Dec - 2021	9119.78	84967.28	10.73%
Nov - 2021	10514.76	92204.20	11.40%
Oct - 2021	11568.78	96813.52	11.95%
Sep - 2021	11007.44	93045.97	11.83%
Aug - 2021	12277.15	101767.24	12.06%
Jul - 2021	12527.88	99737.36	12.56%
Jun - 2021	12142.09	91833.79	13.22%
May - 2021	12864.38	94261.24	13.65%
Apr - 2021	12342.15	90834.57	13.59%
Mar - 2021	9007.04	81639.58	11.03%
Feb - 2021	10625.47	88808.97	11.96%
Jan - 2021	11019.17	86632.81	12.72%

2020

14272.32

84998.58

16.79%

Dec - 2020	14272.32	84998.58	16.79%
Nov - 2020	14533.07	90759.53	16.01%
Oct - 2020	14207.11	85076.17	16.70%
Sep - 2020	10122.25	71156.43	14.23%
Aug - 2020	12634.96	76286.25	16.56%
Jul - 2020	12476.26	70617.26	17.67%
Jun - 2020	9750.02	60018.26	16.25%
May - 2020	9847.93	59367.84	16.59%
Apr - 2020	8925.10	57445.02	15.54%
Mar - 2020	8548.19	57882.71	14.77%
Feb - 2020	14116.39	82280.00	17.16%
Jan - 2020	13854.45	80829.69	17.14%

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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hunch
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30 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

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shravanashok
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45 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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23 hrs ago

Secure Long-Term Income with a State-Backed PSU Bond MEGHALAYA ENERGY CORPORATION LIMITED – 2033 Bond ???? Coupon: 10.55% p.a. ???? Rating: Acuite (SMERA) A-(CE) Stable, BRICKWORK (BWR) A-(CE) Stable ???? Tenor: 7y 6m (Maturity: 03/Apr/2033) ???? Secured | PSU Bond | High Return | Listed A robust, long-tenor PSU bond offering stability, consistent returns, and strong credit assurance. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPb1pnPT0=/1055-meghalaya-energy-corporation-limited-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Secure Long-Term Income with a State-Backed PSU Bond MEGHALAYA ENERGY CORPORATION LIMITED – 2033 Bond ???? Coupon: 10.55% p.a. ???? Rating: Acuite (SMERA) A-(CE) Stable, BRICKWORK (BWR) A-(CE) Stable ???? Tenor: 7y 6m (Maturity: 03/Apr/2033) ???? Secured | PSU Bond | High Return | Listed A robust, long-tenor PSU bond offering stability, consistent returns, and strong credit assurance. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPb1pnPT0=/1055-meghalaya-energy-corporation-limited-2033?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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96 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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Progrowth Finwealth
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96 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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102 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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