Investment Objective and Approach

The scheme seeks to provide investors an opportunity to generate regular income with reasonable degree of liquidity through investments in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months.

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.

The fund follows a conservative investment strategy by investing in debt and money market instruments with shorter maturity periods, making it suitable for investors seeking moderate returns with lower risk compared to equity funds.

Fund Managers

Rajeev Radhakrishnan, R Arun, Pradeep Kesavan are the current fund managers of this mutual fund. Rajeev Radhakrishnan, R Arun, Pradeep Kesavan, with an extensive experience of 15 years while managing equity & related investments.

Rajeev Radhakrishnan - Mr. Radhakrishnan joined SBIFM in 2008 as a fixed income portfolio manager, and is currently the Head of Fixed Income. He is an engineering graduate and holds a master's degree in finance from Mumbai University. Mr. Radhakrishnan is also a Charter holder of the CFA Institute, USA.

R Arun - Mr. Arun joined SBIFM in 2009 as a credit analyst, and is currently a fund manager for cash funds. He is a commerce graduate from Mumbai University and holds a Masters in Finance from Mumbai Education Trust.

Pradeep Kesavan - Based on recent information from Dec 2023 - Present, he has been managing the fund and brings extensive experience in investment management.

About the Fund House (AMC)

SBI Mutual Fund was launched as a joint venture between State Bank of India (SBI) and AMUNDI of France which is an asset management company, way back in 1987. You will find State Bank of India as the sponsor and SBI Mutual Fund Trustee Company Private Limited as the trustee of the SBI Mutual Fund.

SBI Mutual Fund was established on June 29, 1987, as a Trust, with State Bank of India (SBI) acting as the sponsor and SBI Mutual Fund Trustee Company Private Limited serving as the Trustee. It received registration from SEBI on December 23, 1993. A significant development occurred on April 13, 2011, when an agreement was inked between SBI and AMUNDI Asset Management, transforming the fund house into a joint venture.

Key highlights of SBI Mutual Fund:

- AUM ₹ 11,43,118.19 Cr as one of India's largest fund houses

- SBI Mutual Fund has been a pioneer in several aspects. It was the first Indian Mutual Fund to introduce a 'Contra' fund, known as the SBI Contra Fund.

- No. of schemes144

- Strong regulatory compliance and oversight by SEBI

Should I Invest in SBI Magnum Low Duration Fund?

This fund is suitable for investors who:

- Seek regular income with reasonable liquidity from their investments

- Have a short to medium-term investment horizon (6 months to 2 years)

- Prefer lower risk compared to equity funds while earning better returns than traditional fixed deposits

- Want to park surplus funds with moderate risk exposure

Key Financial Metrics (as of August 2025):

- Asset Under Management (AUM) of 14824.17 as on 2025-08-01

- The fund has an expense ratio of 0.93

- The 1-year, 3-year and 5-year returns of this fund were 7.67, 7.02 and 5.56 respectively

- minimum SIP of Rs 500 and lumpsum of Rs 5000

Risk Considerations:

- The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital

- Interest rate risk exists, though lower than longer duration funds

- Credit risk from underlying debt instruments

The fund's consistent performance and professional management make it a viable option for conservative investors seeking better returns than savings accounts while maintaining liquidity.

FAQs

What is today's NAV of SBI Magnum Low Duration Fund?

The NAV changes daily based on market conditions. You can check the latest NAV on the Allvest platform or SBI Mutual Fund's official website for real-time updates.

What is the AUM of SBI Magnum Low Duration Fund?

The fund has an Asset Under Management (AUM) of 14824.17 Crores as on August 1, 2025, making it a substantial fund in its category.

What is the expense ratio of SBI Magnum Low Duration Fund?

The fund has an expense ratio of 0.93, which is reasonable compared to other debt mutual fund schemes in the same category.

What are the returns of SBI Magnum Low Duration Fund since inception?

The 1-year, 3-year and 5-year returns of this fund were 7.67, 7.02 and 5.56 respectively. Since inception returns vary based on the plan chosen.

What is the minimum SIP amount to invest in SBI Magnum Low Duration Fund?

The minimum SIP amount is Rs 500 and minimum lumpsum investment is Rs 5000 to start investing in this fund.

How do I invest in SBI Magnum Low Duration Fund?

You can invest in this fund through Allvest platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and making the payment online.

How to start a SIP in SBI Magnum Low Duration Fund?

Log into your Allvest account, search for SBI Magnum Low Duration Fund, select SIP option, choose amount and frequency, set up auto-debit mandate, and confirm your investment.

How do I automate an SIP in SBI Magnum Low Duration Fund?

Set up an auto-debit mandate through Allvest platform which will automatically deduct the SIP amount from your bank account on the chosen date each month.

How can I withdraw/redeem my investment in SBI Magnum Low Duration Fund?

You can redeem your units through Allvest platform by placing a redemption request. The redemption amount typically gets credited to your bank account within 2-3 business days.