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SBI Magnum Low Duration Fund (G) Direct |
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[Debt: Low Duration] |
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Fund Details |
Fund Type |
Growth |
Launch Date |
01 Jan 2013 |
Corpus(Cr.) |
12254.0 |
Scheme NAV |
3567.43 |
Equity(%) |
0.0 |
52 Week High |
3567.43 |
Debt(%) |
99.75 |
52 Week Low |
3302.72 |
Others(%) |
0.25 |
Exit Load |
0 |
Minimum Investment |
- |
Availability |
Open |
Entry Load |
- |
Expense Ratio(%) |
0.43 |
Scheme Benchmark |
CRISIL Low Duration Debt Index |
Broader Benchmark |
NSE - Nifty 50 TRI |
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Scheme Objective |
The scheme seeks to provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months. |
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