SBI Magnum Constant Maturity Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 62.9455   -0.0032(-0.005 %) NAV as on 24 Dec 2024
Prime Rating: 2.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 1,881.28
Fund category:
Gilt
Fund manager(s):
Tejas Soman
Benchmark:
Nifty 10 yr Benchmark G-Sec
Minimum investment:
₹ 5000
Launch date:
02 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.31 %
Exit load:
N/A

Scheme Objective: To provide returns to the investors generated through investments predominantly in Government securities issued by the Central Government and/or State Government such that the Average Maturity of the portfolio is around 10 years.


Performance (As on 24 Dec 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.01 % 1.21 %4.50 % 9.50 % 6.21 %6.66 % 8.87 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.10% CGL 2034
Government Securities
36.12%
Sov
7.18% CGL 2033
Government Securities
31.28%
Sov
7.18% CGL 2037
Government Securities
24.8%
Sov
7.26% CGL 2033
Government Securities
5.19%
Sov
Net Receivable / Payable
Cash & Cash Equivalents and Net Assets
1.71%
Cash
TREPS
Cash & Cash Equivalents and Net Assets
0.9%
Cash

About this category

Gilt debt funds invest in government securities of varying maturities. Returns primarily come from price appreciation on these instruments. Funds change portfolio maturities depending on the stage of the rate cycle and can go from very long term of over 10 years to short term. As gilts tend to be the most traded and reactive, returns may be volatile in the short term. Within gilt funds, some may be constant maturity funds where the portfolio maturity is maintained at 10 yrs.

Suitability

These funds suit any investor with investment horizons above 5 years.

Taxation
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