SBI Magnum Ultra Short Duration Fund Regular Plan Growth

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Debt
Ultra Short Duration
Rating 4
Plan

5484.04 +2.03 (0.04%) NAV as on 18 Apr, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)9017.67
CAGR 7.27%
Exit Load0.00%
Expense ratio0.54%
CategoryDebt
Min Investment5000
Min SIP500
Launch Date1999-05-21

Asset Allocation

Holdings As On - 19 April 2024

Name
Value (Cr)
Holding %

91 DTB 25042024
647.17
7.18%

182 DTB 06062024
592.64
6.57%

ICICI Bank Limited
428.13
4.75%

Small Industries Development Bank Of India
394.61
4.38%

Tata Teleservices Ltd
380.54
4.22%

TATA Consumer Products Ltd.
345.60
3.83%

Punjab National Bank
332.91
3.69%

Canara Bank
283.01
3.14%

Panatone Finvest Ltd
281.65
3.12%

Kotak Mahindra Bank Ltd.
265.25
2.94%

Peer Comparison

Risk & Volitility

Alpha 0.13%
Beta 2.50
Sharpe Ratio-0.40
Std Deviation 0.56%
Tracking Error 0.42%

About Fund

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.

The SBI Magnum Ultra Short Duration Fund Regular Plan Growth has an AUM of 9017.67 crores & has delivered CAGR of 5.68% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.54%. The minimum investment in SBI Magnum Ultra Short Duration Fund Regular Plan Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include 91 DTB 25042024, 182 DTB 06062024, ICICI Bank Limited & Small Industries Development Bank Of India.

Some of the similar funds are Nippon India Ultra Short Duration Fund Growth, Aditya Birla Sun Life Savings Fund Growth, Aditya Birla Sun Life Savings Fund Discipline Advantage Pln Growth, SBI Magnum Ultra Short Duration Fund Regular Plan Growth, Axis Ultra Short Term Fund Regular Growth. SBI Magnum Ultra Short Duration Fund Regular Plan Growth has a sharpe ratio of -0.40 & a standard deviation of 0.56%.