SBI Magnum Ultra Short Duration Fund

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

The SBI Magnum Ultra Short Duration Fund is a 26 yrs 5 m old fund and has delivered average annual returns of 7.06% since inception. SBI Magnum Ultra Short Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.11% 7.17% 5.73% 6.54% 7.06%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹6089.7738+0.04% 1 day change	7.06% p.a.	App exclusive #NA View Ranked Funds	₹14,566 Cr

Historical NAV & returns

NAV: ₹6089.7738 as on Oct 20, 2025

This fund Category average

SBI Magnum Ultra Short Duration Fund overview

AUM (Fund size)	₹14,566 Cr
Exit load	0%
Lock-in Period	Nil
Age	26 yrs 5 m since May 13, 1999
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.57% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Magnum Ultra Short 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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.48%	0.47%
3 Months	1.41%	1.36%
6 Months	3.18%	3.07%
1 Year	7.11%	6.88%
2 Years	7.26%	6.98%
3 Years	7.17%	6.87%
4 Years	6.32%	6.07%
5 Years	5.73%	5.57%
7 Years	6.22%	5.85%
10 Years	6.54%	6.09%

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

A1+ 49.31449198%

AAA 25.88350616%

SOV 15.19182541%

AA+ 7.08600404%

Top Debt Holdings

Bank Of Baroda 9.73%

Punjab National Bank 5.7%

GOI 5.37%

National Bank For Agriculture & Rural Development 5.0%

Allocation by Instruments

Certificate of Deposit 33.657429449999995%

Debenture 18.991950350000003%

Commercial Paper 15.657062530000003%

Cash Margin 8.5815183%

Other Holdings

Others 0.32%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Magnum Ultra Short Duration Fund	0.48%	3.18%	7.11%	7.17%	5.73%	6.54%
ICICI Prudential Ultra Short Term Fund	0.5%	3.3%	7.26%	7.2%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.47%	3.11%	7.0%	7.05%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.43%	2.89%	6.57%	6.59%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.5%	3.19%	7.14%	7.16%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.49%	3.17%	7.14%	7.17%	5.76%	3.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Magnum Ultra Short Duration Fund	0.25	0.68	2.46	4.03
ICICI Prudential Ultra Short Term Fund	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Magnum Ultra Short Duration Fund	N.A.	14,566 Cr	26 yrs 5 m	0.57%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

View all Ultra Short Duration funds

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

Alpha	1.83 vs. 2.47 Underperformed at beating benchmark
Sharpe	2.46 vs. 2.73 Poor risk-adjusted returns
Beta	0.68 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	0.25 vs. 0.2 More volatile performance

Compare SBI Magnum Ultra Short Duration Fund in detail with

About this fund

About SBI Magnum Ultra Short Duration Fund

SBI Magnum Ultra Short Duration Fund is a Ultra Short Duration mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 26 yrs 5 m, having been launched on 13/05/1999. SBI Magnum Ultra Short Duration Fund has ₹14,566 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 Ultra Short Duration Fund as of 20/10/2025 is ₹6089.77. The fund has an expense ratio of 0.57%, which is higher than what most other Ultra Short Duration funds charge.

SBI Magnum Ultra Short Duration Fund returns of last 1-year are 7.15%. Since launch, it has delivered 7.07% average annual returns. The fund has doubled the money invested in it every 11 yrs.
SBI Magnum Ultra Short Duration Fund scheme's ability to deliver returns consistently is higher than 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 Bank Of Baroda, Punjab National Bank, GOI, National Bank For Agriculture & Rural Development, HDFC Bank Ltd..

...

Fund AUM	14,566 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 investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.

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 Ultra Short Duration Fund?

The current Net Asset Value (NAV) of the SBI Magnum Ultra Short Duration Fund plan is approximately ₹6089.7738 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Magnum Ultra Short Duration Fund is a 26 yrs 5 m old fund and has delivered average annual returns of 7.06% since inception.

SBI Magnum Ultra Short Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.11%	7.17%	5.73%	6.54%	7.06%

How much does this mutual fund charge as expense ratio?

The SBI Magnum Ultra Short Duration Fund has an expense ratio of 0.57%, 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 Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 14,566 Cr as on Sep 30, 2025.

To whom does SBI Magnum Ultra Short Duration Fund lend to?

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

Holding Name	Percentage of Portfolio
Bank Of Baroda	9.73%
Punjab National Bank	5.7%
GOI	5.37%

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 Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	49.31449198%
AAA	25.88350616%
SOV	15.19182541%

What is risk level of SBI Magnum Ultra Short Duration Fund?

This is a Ultra Short Duration fund comes with Low to 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 Ultra Short Duration Fund?

Redeeming your investments in the SBI Magnum Ultra Short Duration 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 Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.