SBI Magnum Constant Maturity Fund

Q: What are the returns of this mutual fund scheme?

The SBI Magnum Constant Maturity Fund is a 24 yrs 10 m old fund and has delivered average annual returns of 7.78% since inception. SBI Magnum Constant Maturity Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.47% 8.25% 5.4% 7.96% 7.78%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹64.5279+0.11% 1 day change	7.78% p.a.	App exclusive #NA View Ranked Funds	₹1,856 Cr

Historical NAV & returns

NAV: ₹64.5279 as on Oct 20, 2025

This fund Category average

SBI Magnum Constant Maturity Fund overview

AUM (Fund size)	₹1,856 Cr
Exit load	0%
Lock-in Period	Nil
Age	24 yrs 10 m since Dec 11, 2000
Benchmark	NIFTY 10 yr Benchmark G-Sec Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.62% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Magnum Constant Maturity Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.32%	0.41%
3 Months	0.3%	0.39%
6 Months	1.09%	1.3%
1 Year	7.47%	7.85%
2 Years	8.85%	9.09%
3 Years	8.25%	8.4%
4 Years	6.09%	6.19%
5 Years	5.4%	5.49%
7 Years	7.75%	8.18%
10 Years	7.96%	8.1%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 97.05%

Cash & Call Money 2.95%

Top Debt Holdings

GOI 97.05%

Allocation by Instruments

GOI Securities 97.04999999999998%

Net Receivables 2.6%

Repo 0.35%

Other Holdings

Others 2.6%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Magnum Constant Maturity Fund	0.32%	1.09%	7.47%	8.25%	5.4%	7.96%
ICICI Prudential Constant Maturity Gilt Fund	0.44%	1.51%	8.32%	8.59%	5.66%	8.12%
Bandhan Government Securities Fund Constant Maturity Plan	0.55%	1.48%	8.19%	8.66%	5.4%	8.23%
UTI Gilt Fund with 10 year Constant Duration	0.33%	1.13%	7.41%	8.1%	4.81%	2.38%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Magnum Constant Maturity Fund	2.63	0.72	0.56	0.92
ICICI Prudential Constant Maturity Gilt Fund	2.61	0.7	0.69	1.17
Bandhan Government Securities Fund Constant Maturity Plan	2.74	0.75	0.66	1.11
UTI Gilt Fund with 10 year Constant Duration	2.57	0.7	0.53	0.91

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Magnum Constant Maturity Fund	N.A.	1,856 Cr	24 yrs 10 m	0.62%
ICICI Prudential Constant Maturity Gilt Fund	N.A.	2,585 Cr	11 yrs 2 m	0.39%
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	341 Cr	23 yrs 8 m	0.48%
UTI Gilt Fund with 10 year Constant Duration	N.A.	141 Cr	3 yrs 3 m	0.7%

View all Gilt With 10 Year Constant Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.02 vs. 1.55 Underperformed at beating benchmark
Sharpe	0.56 vs. 2.79 Poor risk-adjusted returns
Beta	0.72 vs. 0.63 More sensitive to market's ups & downs
Standard deviation	2.63 vs. 1.76 More volatile performance

Compare SBI Magnum Constant Maturity Fund in detail with

About this fund

About SBI Magnum Constant Maturity Fund

SBI Magnum Constant Maturity Fund is a Gilt with 10 year Constant Duration mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 24 yrs 10 m, having been launched on 11/12/2000. SBI Magnum Constant Maturity Fund has ₹1,856 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Magnum Constant Maturity Fund as of 20/10/2025 is ₹64.53. The fund has an expense ratio of 0.62%, which is higher than what most other Gilt With 10 Year Constant Duration funds charge.

SBI Magnum Constant Maturity Fund returns of last 1-year are 7.54%. Since launch, it has delivered 7.80% average annual returns. The fund has doubled the money invested in it every 10 yrs.
SBI Magnum Constant Maturity Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI.

...

Fund AUM	1,856 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Sudhir Agrawal

Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA. Prior to joining SBI MF he has worked with UTI MF, TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Investment objective

The scheme seeks 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.

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,07,585 Cr as on Sep 30, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	2,709 Cr	7.51%	8.87%
SBI CRISIL IBX Gilt Index - April 2029 Fund	N.A.	2,079 Cr	8.75%	8.43%
SBI Credit Risk Fund	N.A.	2,210 Cr	8.37%	8.21%
SBI CRISIL IBX SDL Index - September 2027 Fund	N.A.	1,024 Cr	7.91%	7.93%
SBI Magnum Medium Duration Fund	N.A.	6,738 Cr	7.87%	7.83%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Magnum Constant Maturity Fund?

The current Net Asset Value (NAV) of the SBI Magnum Constant Maturity Fund plan is approximately ₹64.5279 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Magnum Constant Maturity Fund is a 24 yrs 10 m old fund and has delivered average annual returns of 7.78% since inception.

SBI Magnum Constant Maturity Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.47%	8.25%	5.4%	7.96%	7.78%

How much does this mutual fund charge as expense ratio?

The SBI Magnum Constant Maturity Fund has an expense ratio of 0.62%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The SBI Magnum Constant Maturity Fund currently has assets under management (AUM) or fund size valued at approximately 1,856 Cr as on Sep 30, 2025.

To whom does SBI Magnum Constant Maturity Fund lend to?

The top 3 debt holdings of SBI Magnum Constant Maturity Fund are as follows

Holding Name	Percentage of Portfolio
GOI	97.05%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The SBI Magnum Constant Maturity Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	97.05%
Cash & Call Money	2.95%

What is risk level of SBI Magnum Constant Maturity Fund?

This is a Gilt With 10 Year Constant Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in SBI Magnum Constant Maturity Fund?

Redeeming your investments in the SBI Magnum Constant Maturity Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Gilt with 10 year Constant Duration

#NA

Return Outperformance: This fund has generated highest return amongst Gilt with 10 year Constant Duration funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.