SBI Magnum Income Direct Plan-Growth

Q: What are the returns of SBI Magnum Income Fund?

The SBI Magnum Income Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.24% since inception. SBI Magnum Income Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.13% 8.6% 6.75% 8.46% 8.24%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹76.771+0.07% 1 day change	8.24% p.a.	#NA View Ranked Funds	₹1,983 Cr

Historical NAV & returns

NAV: ₹76.771 as on Jul 21, 2025

This fund Category average

SBI Magnum Income Fund overview

Expense ratio	0.77% as on May 31, 2025
Exit load	1.0% For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year!
AUM (Fund size)	₹1,983 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	CRISIL Medium to Long Duration Debt A-III Index
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Moderately High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Magnum Income 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 Jul 22, 2025

Period	This fund	Category average
1 Month	0.55%	0.67%
3 Months	0.91%	1.03%
6 Months	4.8%	4.87%
1 Year	9.13%	9.18%
2 Years	8.47%	8.45%
3 Years	8.6%	8.29%
4 Years	6.97%	6.89%
5 Years	6.75%	6.28%
7 Years	8.32%	7.41%
10 Years	8.46%	7.39%

Asset allocationas on May 31, 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 68.22%

AA- 8.06%

AA+ 7.88%

AA 7.51%

Top Debt Holdings

GOI 68.22%

Torrent Power Ltd. 3.99%

Renew Solar Energy (Jharkhand Five) Pvt. Ltd. 3.69%

Indostar Capital Finance Ltd. 2.99%

Allocation by Instruments

GOI Securities 68.22%

Debenture 17.93%

Non Convertible Debenture 7.41%

Repo 4.64%

Other Holdings

Others 0.26%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Magnum Income Fund	N.A.	1,983 Cr	12 yrs 6 m	0.77%
Axis Income Plus Arbitrage Active FoF	N.A.	383 Cr	5 yrs 6 m	0.05%
Nippon India Medium to Long Duration Fund	N.A.	400 Cr	12 yrs 6 m	0.67%
ICICI Prudential Bond Fund	N.A.	2,889 Cr	12 yrs 6 m	0.62%
LIC MF Medium to Long Duration Fund	N.A.	191 Cr	12 yrs 6 m	0.21%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Magnum Income Fund	0.55%	4.8%	9.13%	8.6%	6.75%	8.46%
Axis Income Plus Arbitrage Active FoF	0.53%	5.1%	9.34%	8.25%	6.81%	3.97%
Nippon India Medium to Long Duration Fund	0.97%	4.65%	9.0%	8.89%	6.25%	8.11%
ICICI Prudential Bond Fund	0.92%	5.6%	10.35%	8.93%	6.7%	8.08%
LIC MF Medium to Long Duration Fund	0.35%	5.47%	10.62%	9.11%	5.92%	7.17%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Magnum Income Fund	1.8	1.13	1.1	1.85
Axis Income Plus Arbitrage Active FoF	1.85	N.A.	0.93	1.61
Nippon India Medium to Long Duration Fund	2.16	1.35	1.03	1.69
ICICI Prudential Bond Fund	1.74	1.07	1.31	2.33
LIC MF Medium to Long Duration Fund	2.23	1.38	1.12	1.87

View all Medium To Long Duration funds

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

Alpha	0.81 vs. 2.37 Underperformed at beating benchmark
Sharpe	1.1 vs. 2.36 Poor risk-adjusted returns
Beta	1.13 vs. 1.23 Less sensitive to market ups & downs
Standard deviation	1.8 vs. 1.78 More volatile performance

Compare SBI Magnum Income Fund in detail with

About this fund

About SBI Magnum Income Fund

SBI Magnum Income Direct Plan-Growth is a Medium to Long Duration mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. SBI Magnum Income Direct Plan-Growth has ₹1,983 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Magnum Income Direct Plan-Growth as of 21/07/2025 is ₹76.77. The fund has an expense ratio of 0.77%, which is close to what most other Medium To Long Duration funds charge.

SBI Magnum Income Direct Plan-Growth returns of last 1-year are 9.16%. Since launch, it has delivered 8.25% average annual returns. The fund has doubled the money invested in it every 9 yrs.
SBI Magnum Income Direct Plan-Growth 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 above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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, Torrent Power Ltd., Renew Solar Energy (Jharkhand Five) Pvt. Ltd., Indostar Capital Finance Ltd., Avanse Financial Services Ltd..

...

Fund AUM	1,983 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Adesh Sharma

Mr. Sharma has done B.Tech, M.Tech and PGDM (Finance) Prior to joining SBI Mutual Fund, he has worked with IDFC Bank and Deutsche Bank AG

Mohit Jain

Mr. Jain is B.E (Engineering) & CFA (Level III candidate) Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.

Investment objective

The scheme seeks to provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.

SBI Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	11,45,315 Cr as on Jun 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.	2,591 Cr	10.56%	N.A.
SBI Magnum Constant Maturity Fund	N.A.	1,944 Cr	10.54%	9.12%
SBI Dynamic Bond Fund	N.A.	3,560 Cr	8.93%	8.95%
SBI Magnum Gilt Fund	N.A.	12,573 Cr	8.74%	8.89%
SBI Credit Risk Fund	N.A.	2,245 Cr	9.59%	8.88%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Magnum Income Fund?

The current Net Asset Value (NAV) of the SBI Magnum Income Fund - Direct Growth plan is approximately ₹76.771 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The SBI Magnum Income Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.24% since inception.

SBI Magnum Income Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.13%	8.6%	6.75%	8.46%	8.24%

How much does this mutual fund charge as expense ratio?

The SBI Magnum Income Fund - Direct Growth has an expense ratio of 0.77%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The SBI Magnum Income Fund currently has assets under management (AUM) or fund size valued at approximately 1,983 Cr as on May 31, 2025.

To whom does SBI Magnum Income Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	68.22%
Torrent Power Ltd.	3.99%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.	3.69%

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 Income Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	68.22%
AA-	8.06%
AA+	7.88%

What is risk level of SBI Magnum Income Fund?

This is a Medium To Long Duration fund comes with Moderately High risk.

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

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

How do I invest in SBI Magnum Income Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for SBI Magnum Income Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in SBI Magnum Income Fund is complete.

How can I redeem my investments in SBI Magnum Income Fund?

Redeeming your investments in SBI Magnum Income Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Medium to Long Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Medium to Long Duration funds in the last 10 Years.
Chance: This fund has generated a 7.85% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year