SBI Magnum Gilt Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)

SBI Magnum Gilt Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) is a scheme launched by SBI Mutual Fund on December 23, 2000, and falls under the Gilt fund category. It currently manages an AUM of Rs 11,322.01 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.94% for managing the portfolio.

• Investing Strategy:

  To provide returns to the investors generated through investments in Government securities issued by the Central Government and/or State Government(s).

• Performance:

  SBI Magnum Gilt Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) trailing returns over different times are 5.13% (1 year), 7.51% (3 year) and 5.37% (5 year). The average annual return of this fund stands at 4.23%.