SBI Magnum Income Fund

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

The SBI Magnum Income Fund is a 27 yrs old fund and has delivered average annual returns of 7.55% since inception. SBI Magnum Income Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.53% 7.52% 5.67% 7.39% 7.55%

Q: How much does this mutual fund charge as expense ratio?

The SBI Magnum Income Fund has an expense ratio of 1.5% , 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.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹71.5837+0.09% 1 day change	7.55% p.a.	App exclusive #NA View Ranked Funds	₹2,162 Cr

Historical NAV & returns

NAV: ₹71.5837 as on Oct 20, 2025

This fund Category average

SBI Magnum Income Fund overview

AUM (Fund size)	₹2,162 Cr
Exit load	1.0% For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year!
Lock-in Period	Nil
Age	27 yrs since Oct 06, 1998
Benchmark	CRISIL Medium to Long Duration Debt A-III Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.5% as on Sep 30, 2025
Plan type	Regular
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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.66%	0.66%
3 Months	0.66%	0.45%
6 Months	1.34%	1.16%
1 Year	6.53%	6.45%
2 Years	7.63%	7.76%
3 Years	7.52%	7.18%
4 Years	6.03%	5.72%
5 Years	5.67%	5.25%
7 Years	7.59%	6.49%
10 Years	7.39%	6.25%

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 45.32%

AA 16.97%

AAA 14.62%

Cash & Call Money 11.0%

Top Debt Holdings

GOI 40.84%

National Bank For Agriculture & Rural Development 7.06%

Bihar State 4.48%

Torrent Power Ltd. 3.61%

Allocation by Instruments

GOI Securities 40.84%

Debenture 18.16%

Non Convertible Debenture 10.790000000000001%

Bonds 9.84%

Other Holdings

Others 0.26%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Magnum Income Fund	0.66%	1.34%	6.53%	7.52%	5.67%	7.39%
ICICI Prudential Bond Fund	0.94%	1.75%	7.62%	8.0%	5.82%	7.18%
LIC MF Medium to Long Duration Fund	0.59%	1.34%	6.83%	7.73%	5.15%	6.25%
Nippon India Medium to Long Duration Fund	0.83%	0.51%	5.68%	7.02%	4.95%	6.73%
Aditya Birla Sun Life Income Plus Arbitrage Active FoF	0.75%	2.83%	7.76%	7.49%	5.99%	6.81%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Magnum Income Fund	1.96	1.15	0.41	0.59
ICICI Prudential Bond Fund	1.99	1.15	0.61	0.79
LIC MF Medium to Long Duration Fund	2.35	1.36	0.38	0.56
Nippon India Medium to Long Duration Fund	2.42	1.43	0.15	0.21
Aditya Birla Sun Life Income Plus Arbitrage Active FoF	1.17	N.A.	0.7	1.15

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Magnum Income Fund	N.A.	2,162 Cr	27 yrs	1.5%
ICICI Prudential Bond Fund	N.A.	2,859 Cr	17 yrs 2 m	1.03%
LIC MF Medium to Long Duration Fund	N.A.	204 Cr	26 yrs 6 m	1.22%
Nippon India Medium to Long Duration Fund	N.A.	420 Cr	27 yrs 10 m	1.53%
Aditya Birla Sun Life Income Plus Arbitrage Active FoF	N.A.	1,274 Cr	18 yrs 10 m	0.28%

View all Medium To Long Duration funds

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

Alpha	0.05 vs. 2.38 Underperformed at beating benchmark
Sharpe	0.41 vs. 1.91 Poor risk-adjusted returns
Beta	1.15 vs. 0.74 More sensitive to market's ups & downs
Standard deviation	1.96 vs. 2.02 More stable returns

Compare SBI Magnum Income Fund in detail with

About this fund

About SBI Magnum Income Fund

SBI Magnum Income Fund is a Medium to Long Duration mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 27 yrs, having been launched on 06/10/1998. SBI Magnum Income Fund has ₹2,162 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 Income Fund as of 20/10/2025 is ₹71.58. The fund has an expense ratio of 1.5%, which is higher than what most other Medium To Long Duration funds charge.

SBI Magnum Income Fund returns of last 1-year are 6.65%. Since launch, it has delivered 7.59% average annual returns. The fund has doubled the money invested in it every 10 yrs.
SBI Magnum Income 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 above average.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. 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, National Bank For Agriculture & Rural Development, Bihar State, Torrent Power Ltd., Renew Solar Energy (Jharkhand Five) Pvt. Ltd..

...

Fund AUM	2,162 Cr as on Sep 30, 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	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 Magnum Constant Maturity Fund	N.A.	1,856 Cr	7.47%	8.25%
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 Income Fund?

The current Net Asset Value (NAV) of the SBI Magnum Income Fund plan is approximately ₹71.5837 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Magnum Income Fund is a 27 yrs old fund and has delivered average annual returns of 7.55% since inception.

SBI Magnum Income Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.53%	7.52%	5.67%	7.39%	7.55%

How much does this mutual fund charge as expense ratio?

The SBI Magnum Income Fund has an expense ratio of 1.5%, 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 Income Fund currently has assets under management (AUM) or fund size valued at approximately 2,162 Cr as on Sep 30, 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	40.84%
National Bank For Agriculture & Rural Development	7.06%
Bihar State	4.48%

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	45.32%
AA	16.97%
AAA	14.62%

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 can I redeem my investments in SBI Magnum Income Fund?

Redeeming your investments in the SBI Magnum Income 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 Medium to Long Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Medium to Long Duration funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year