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 2024
Prime Rating: 5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 9,500.76
Fund category:
Gilt
Fund manager(s):
Rajeev Radhakrishnan, Tejas Soman
Benchmark:
Nifty All Duration G-Sec Index
Minimum investment:
₹ 5000
Launch date:
23 Dec 2000
Min. additional investment:
₹ 1000
Expense ratio:
0.94 %
Exit load:
N/A

Scheme 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 returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.28 % 3.02 %4.60 % 9.34 % 6.55 %6.98 % 8.03 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.10% CGL 2034
Government Securities
53.94%
Sov
7.34% CGL 2064
Government Securities
28.15%
Sov
7.30% CGL 2053
Government Securities
9.6%
Sov
TREPS
Cash & Cash Equivalents and Net Assets
2.81%
Cash
8.34% CGL 2033
Government Securities
2.55%
Sov
7.25% CGL 2063
Government Securities
2%
Sov
Net Receivable / Payable
Cash & Cash Equivalents and Net Assets
0.94%
Cash

About this category

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.

Suitability

These funds suit any investor with investment horizons above 5 years.

Taxation
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