|Fund Type||Open Ended|
|Benchmark||CRISIL Liquid Fund|
|Asset Size(Cr)||10430.63 (As on Apr 30, 2018)|
|Fund Manager||Rajeev Radhakrishnan (9.8)|
|Notes||SBI Short Horizon Debt Fund - Ultra Short Term Bond Fund - Retail Plan renamed as SBI Ultra Short Term Bond Fund - Regular Plan, open for fresh investments. SBI Mutual Fund has change the face value per unit of all the plans/ options under SBI Short Horiz|
|Min SIP Investment||500|
|Min Addl Investment||1000|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|SBI Magnum Low Duration Fund (G)|| ||6.55 %||7.49 %||8.14 %|
|ICICI Prudential Savings Fund (G)|| ||6.49%||7.88%||8.53%|
|Reliance Floating Rate Fund (G)|| ||4.42%||6.97%||7.7%|
|Kotak Savings Fund (G)|| ||6.59%||7.49%||8.12%|
|Aditya Birla Sun Life Low Duration Fund (G)|| ||6.08%||7.3%||7.92%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment || Amount Invested || Investment Value As on date || Units Purchased || CAGR |
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested || Investment Value As on Date || Total Units Purchased || Abs. Return |
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
SBI Magnum Low Duration Fund is one of the best mutual fund investment options available in the market for satisfying the short-term and mid-term objectives of the investors. It being an ultra-short-term debt fund, resembles closely to that of a high-end liquid fund which people normally choose to invest in to satiate their short-term needs. However, unlike liquid funds that invest only in those securities that have a maturity of up to 91 days, these funds can invest in securities which may have a maturity of greater than 91 days, which can typically stretch up to 18 months.
MySIPonline, India’s most favorite online mutual fund investment company, is known for its outstanding out-of-the-box services, which includes providing an online facility of investing in the top class funds, in the range of Equity, Debt, Hybrid and more, of some of the best AMCs in India. Hence, investors hailing from different backgrounds and having different aspirations from their investments can find the most appropriate scheme with the help of our portal, without having to bear the pain of running after the fancy consultants who charge an even fancier amount for their services, and can easily get started with their investments online without spending a dime for our services.
Also, our users are offered with ample online tools that can help them decipher their investment related questions; for instance, the SIP Calculator provided online on our website can help you gauge how well your investments, after a certain point of time and at a given rate of return, will stand at maturity. This will thus help you take better investment decisions and make a stronger investment plan. Your dashboard, where you can track the movement of your investments on a daily basis, will help you stay abreast of the latest manoeuvers that your fund has made in tandem to the market movements. And, needless to speak, more than 10, 000 schemes of different genres will help you pick the perfect scheme for making the perfect plan.
SBI Magnum Low Duration Fund (G), erstwhile SBI Ultra Short Term Debt Fund, is a low duration fund of the debt category. Launched in July 2007 by one of India’s premier fund houses, SBI Mutual Fund, it is one of the best options available in the market for people looking out for making short-term, low-risk investments, and earn a decent income out of it. The scheme is ranked on the second position amongst the category of ultra-short-term debt funds and stands as one of the top five performers in this category. Awarded a four-star rating from CRISIL, this fund holds unbeatable in the regime of Indian mutual fund investing.
For any fund, the past performance is equally important as its current and future standing, because it reflects the fund’s qualities and gives an impression of how well the fund has been designed to operate under different market conditions. However, it shall be noted that the past performance, whether good or bad, cannot be considered as the sole factor in deciding upon the fund’s future performances, as the market is a volatile place and the same circumstances as before may not persist.
As far as the performance of SBI Low Duration Fund is concerned, the numbers, both in short and long term, stand solid. The statistics show that in the past five years, the fund has been able to beat both the benchmark as well as the peer returns, taking a lead of as much as double of what was earned by its counterparts. In the short-term, one year investment period, the fund churned returns worth 6.46% against the benchmark and category returns of 3.92% and 6.29%, respectively, whereas in the long-term (five year period), it spewed returns worth 8.14% as against 4.89% and 8.04% returns earned by the benchmark and the peers, respectively. Also, SBI Low Duration Fund (G) has pulled off returns to the tune of 7.81% since inception, which gives an impression that the future of the fund may continue to shine brightly with good returns and high growth.
As opposed to the debt funds, the ultra-short-term debt funds have a greater immunity against the interest rate risks, due to the short life of the underlying securities. This makes the overall portfolio much less volatile as compared to the normal debt funds. However, if compared with liquid funds, ultra-short-term debt funds might have somewhat higher amounts of risks if the fund manager is incorporating such securities that have higher credit risks.
However, SBI Low Duration Fund (Growth) being a well-developed scheme of the trusted asset management company SBI Mutual Fund, it has a balanced exposure to risks. The fund managers who are holding the command of the fund are well aware of their actions and have a vast experience on how to arrange the scheme in a way that it earns maximum profit with minimum risk. Hence, this fund is best suited for the risk-averse population of investors, who is reluctant to face high risks for earning high returns.
SBI Magnum Low Duration Fund was launched with the objective of creating regular income through an investment in a portfolio having adequate liquidity and comprising of debt and money market instruments, such that its Macaulay duration falls between 6 and 12 months. Hence, it is a good choice for those who want to earn good returns in a short period, without getting bruised by high risks. If you have the same characteristics as an investor, then the following information regarding the investment details on the fund will be a great aid in devising a well-lit plan:-
The NAV is basically what you pay for acquiring a unit in the fund. An increase in the value of the NAV denotes the hike in the value of the underlying securities and vice versa. With a 0.02% increase in its value, the SBI Magnum Low Duration Fund (G) NAV as on 26th June 2018 was Rs. 2273.7311.
Like any other fund in the world, SBI Magnum Low Duration Fund (G) also offers two ways of investing – lump sum and SIP. However, it is always better to invest in Systematic Investment Plan, as it breaks down the boulder of paying all the sum at once and spreads it evenly throughout the investment horizon. An online investment through MySIPonline will be the perfect way to get started, as the services provided here are impeccable and on the top of that, are absolutely free.
Hence, if you are one of those who desire high income in short period without having to face the trouble of passing through heavy risks, then SBI Magnum Low Duration Fund (Growth) is the most apt fund for you. Use MySIPonline to invest in this fund to experience the smoothest, easiest investment ever, and accomplish whatever you so desire in your life.