As on 22 Nov 2024
SBI MAGNUM MEDIUM DURATION FUND - DIRECT PLAN - GROWTH
DebtNAV
₹ 52.31
CAGR (3 Years)
6.54%
AUM (Cr)
₹ 6,666.85
Risk
Moderately High Risk
About SBI MAGNUM MEDIUM DURATION FUND - DIRECT PLAN - GROWTH
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
Breakdown of this Fund
1
0.57%
Debt Others
105.44%
Govt. Securities
186.54%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.81
Exit Load
For exit within 3 months from the date of allotment: 1% For exit after 3 months ...
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.