SBI Magnum Constant Maturity Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 61.6392 0.0261(0.042 %) NAV as on 10 Sep 2024
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 10 Sep 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.25 % | 3.02 % | 4.64 % | 9.19 % | 5.66 % | 6.42 % | 8.90 % | >
Portfolio
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.
These funds suit any investor with investment horizons above 5 years.
