SBI Magnum Gilt Fund-Reg(G)
View the direct plan of this scheme
Rs 62.4806 0.0371(0.059 %) NAV as on 10 Sep 2024Scheme Objective: To provide returns to the investors generated through investments in Government securities issued by the Central Government and/or State Government(s).
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 | 0.28 % | 3.02 % | 4.60 % | 9.34 % | 6.55 % | 6.98 % | 8.03 % | >
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 years.
These funds suit any investor with investment horizons above 5 years.