SBI Magnum Medium Duration Fund Direct -Growth

Q: What are the returns of SBI Magnum Medium Duration Fund?

The SBI Magnum Medium Duration Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 9.08% since inception. SBI Magnum Medium Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.37% 8.7% 7.41% 8.84% 9.08%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹55.4943+0.06% 1 day change	9.08% p.a.	#NA View Ranked Funds	₹6,567 Crs

Historical NAV & returns

NAV: ₹55.4943 as on Jun 05, 2025

This fund Category average

SBI Magnum Medium Duration Fund overview

Expense ratio	0.71% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 3 months.!
AUM (Fund size)	₹6,567 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	NIFTY Medium Duration Debt Index A-III
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Moderately High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Magnum Medium Duration 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 Jun 06, 2025

Period	This fund	Category average
1 Month	0.97%	0.91%
3 Months	3.77%	3.85%
6 Months	5.51%	5.72%
1 Year	10.37%	10.72%
2 Years	8.72%	8.82%
3 Years	8.7%	8.9%
4 Years	7.09%	7.63%
5 Years	7.41%	7.78%
7 Years	8.49%	7.29%
10 Years	8.84%	7.7%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 30.48%

AA+ 16.03%

AA- 13.28%

A1+ 13.19%

Top Debt Holdings

GOI 29.78%

Torrent Power Ltd. 5.37%

Godrej Properties Ltd. 4.57%

Avanse Financial Services Ltd. 3.81%

Allocation by Instruments

Debenture 30.479999999999997%

GOI Securities 29.78%

Non Convertible Debenture 15.859999999999998%

Certificate of Deposit 8.66%

Other Holdings

Others 2.21%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
SBI Magnum Medium Duration Fund	N.A.	₹6,567 Crs	12 yrs 5 m	0.71%
ICICI Prudential Medium Term Bond Fund	N.A.	₹5,732 Crs	12 yrs 5 m	0.74%
Axis Strategic Bond Fund	N.A.	₹1,930 Crs	12 yrs 5 m	0.55%
Bandhan Income Plus Arbitrage FoF	N.A.	₹200 Crs	12 yrs 5 m	0.04%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Magnum Medium Duration Fund	0.97%	5.51%	10.37%	8.7%	7.41%	8.84%
ICICI Prudential Medium Term Bond Fund	1.15%	5.71%	10.63%	8.88%	8.17%	8.38%
Axis Strategic Bond Fund	1.03%	5.75%	10.84%	9.04%	8.04%	8.55%
Bandhan Income Plus Arbitrage FoF	0.83%	4.7%	9.37%	7.74%	6.46%	7.6%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Magnum Medium Duration Fund	1.16	0.77	1.67	2.94
ICICI Prudential Medium Term Bond Fund	1.01	0.65	2.11	3.95
Axis Strategic Bond Fund	1.2	0.81	1.93	3.51
Bandhan Income Plus Arbitrage FoF	0.91	N.A.	1.25	2.19

View all Medium Duration funds

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

Alpha	0.9 vs. 3.8 Underperformed at beating benchmark
Sharpe	1.67 vs. 3.41 Poor risk-adjusted returns
Beta	0.77 vs. 1.38 Less sensitive to market ups & downs
Standard deviation	1.16 vs. 1.79 More stable returns

Compare SBI Magnum Medium Duration Fund in detail with

About this fund

About SBI Magnum Medium Duration Fund

SBI Magnum Medium Duration Fund Direct -Growth is a Medium Duration mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. SBI Magnum Medium Duration Fund Direct -Growth has ₹6,567 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Magnum Medium Duration Fund Direct -Growth as of 05/06/2025 is ₹55.49. The fund has an expense ratio of 0.71%, which is higher than what most other Medium Duration funds charge.

SBI Magnum Medium Duration Fund Direct -Growth returns of last 1-year are 10.45%. Since launch, it has delivered 9.09% average annual returns. The fund has doubled the money invested in it every 9 yrs.
SBI Magnum Medium Duration Fund Direct -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 average.
The fund's credit profile is low indicating it has lent to borrowers whose quality is not too 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., Godrej Properties Ltd., Avanse Financial Services Ltd., Renew Solar Energy (Jharkhand Five) Pvt. Ltd..

...

Fund AUM	₹6,567 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Lokesh Mallya

Mr. Mallya is MBA and FRM. Prior to SBI Mutual Fund, he has worked with Aditya Birla Sun Life AMC as fund manager (Sept 2009-Sept 2014) and as Credit Analyst (July 2006 - Aug 2009).

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 attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years.

SBI Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹10,76,364 Crs as on Mar 31, 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 (in Crs.)	1Y	3Y
SBI Magnum Constant Maturity Fund	N.A.	₹1,771 Crs	12.07%	9.75%
SBI Magnum Gilt Fund	N.A.	₹11,265 Crs	11.11%	9.54%
SBI Dynamic Bond Fund	N.A.	₹3,324 Crs	11.14%	9.48%
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	₹2,423 Crs	12.33%	N.A.
SBI Magnum Income Fund	N.A.	₹1,855 Crs	10.8%	9.1%
SBI Credit Risk Fund	N.A.	₹2,278 Crs	10.34%	8.88%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Magnum Medium Duration Fund?

The current Net Asset Value (NAV) of the SBI Magnum Medium Duration Fund - Direct Growth plan is approximately ₹55.4943 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The SBI Magnum Medium Duration Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 9.08% since inception.

SBI Magnum Medium Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.37%	8.7%	7.41%	8.84%	9.08%

How much does this mutual fund charge as expense ratio?

The SBI Magnum Medium Duration Fund - Direct Growth has an expense ratio of 0.71%, 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 Medium Duration Fund currently has assets under management (AUM) or fund size valued at approximately ₹6,567 Crs crore as of Mar 31, 2025.

To whom does SBI Magnum Medium Duration Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	29.78%
Torrent Power Ltd.	5.37%
Godrej Properties Ltd.	4.57%

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 Medium Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	30.48%
AA+	16.03%
AA-	13.28%

What is risk level of SBI Magnum Medium Duration Fund?

This is a Medium 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 Medium Duration 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 Medium Duration 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 Medium Duration Fund is complete.

How can I redeem my investments in SBI Magnum Medium Duration Fund?

Redeeming your investments in SBI Magnum Medium Duration 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 Medium Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Medium Duration

#NA

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 Duration funds in the last 10 Years.
Chance: This fund has generated a 8.02% 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: Exit load of 1%, if redeemed within 3 months.