SBI Magnum Medium Duration Fund - Regular Plan - Growth

SBI Magnum Medium Duration Fund - Regular Plan - Growth is a scheme launched by SBI Mutual Fund on November 12, 2003, and falls under the Medium Duration fund category. It currently manages an AUM of Rs 6,515.98 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 1.22% for managing the portfolio.

• Investing Strategy:

  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 objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

• Performance:

  SBI Magnum Medium Duration Fund - Regular Plan - Growth trailing returns over different times are 7.67% (1 year), 7.41% (3 year) and 6.36% (5 year). The average annual return of this fund stands at 5.44%.