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SBI Magnum Medium Duration Fund - NAV, Returns, Performance & Investment Guide 2025

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Complete guide to SBI Magnum Medium Duration Fund with latest NAV, returns, portfolio analysis, fund managers, and investment options. Check performance, AUM, and expense ratio.

Investment Objective and Approach

The SBI Magnum Medium Duration Fund follows a focused investment strategy to deliver attractive returns with moderate liquidity. 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.

This medium duration approach positions the fund to benefit from interest rate movements while maintaining an optimal balance between risk and return. The fund primarily invests in:

- Government securities and treasury bills

- Corporate bonds and debentures

- Money market instruments

- Commercial papers and certificates of deposits

The portfolio is constructed to maintain a Macaulay duration between 3-4 years, making it suitable for investors seeking moderate risk exposure with better returns than short-duration funds.

Fund Managers

The fund is managed by experienced professionals who bring deep expertise in fixed income markets:

Lokesh Mallya serves as a key fund manager with substantial experience in debt markets. Lokesh Mallya has over 17 years' experience in research in the fixed income market. He has been associated with SBI Funds Management (SBIFM) since 2014 as a Credit Analyst and now has fund management responsibilities. Prior to SBIFM, he has been associated with Aditya Birla Sunlife Asset Management Company Limited as a fund manager and credit analyst. He is a Charterholder of the CFA Institute, USA and also a FRM Charterholder of Global Association of Risk Professionals (GARP).

Mohit Jain is another experienced fund manager on the team. Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.

Both fund managers bring complementary skills in credit analysis, risk assessment, and portfolio construction, ensuring professional management of investor assets.

About the Fund House (AMC)

SBI Funds Management Limited (SBIFML) stands as one of India's leading asset management companies with a distinguished heritage. With 30 years of rich experience in fund management, SBI Funds Management Ltd. (SBIFML) bring forward their expertise by consistently delivering value to their investors. They have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. They are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies., SBI currently holds 63% stake in SBIFMPL.

Key highlights of the AMC include:

- Market Position: As of March 2024, the SBI Mutual Fund manages assets worth Rs. 9.14 lakh crores. In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.

- Regulatory Compliance: The SBI MF is registered with the Securities and Exchange Board of India or SEBI.

- Business Scope: They have been actively managing their investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.

The combination of SBI's banking expertise and AMUNDI's global asset management experience provides investors with access to world-class investment capabilities and robust risk management frameworks.

Should I Invest in SBI Magnum Medium Duration Fund?

This fund may be suitable for investors who:

Are Ideal Candidates:

- Seek moderate risk exposure with better returns than liquid funds

- Have investment horizon of 2-4 years

- Want professional management of fixed income investments

- Prefer diversified debt portfolios over individual bonds

- Look for tax-efficient debt investment options

Should Consider Carefully:

- Investors seeking capital protection should note that debt funds carry interest rate and credit risks

- Those needing immediate liquidity may find exit loads applicable for early redemption

- First-time debt fund investors should understand duration risk and interest rate sensitivity

Key Investment Parameters:

- The minimum investment required to start investing in SBI Magnum Medium Duration Fund is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

- Exit load of 1%, if redeemed within 3 months.

- The fund maintains moderate risk profile suitable for conservative to moderate risk investors

Before investing, carefully assess your risk tolerance, investment timeline, and financial goals. Consider consulting with a financial advisor to determine if this fund aligns with your overall portfolio strategy.

FAQs

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

The NAV changes daily based on market conditions. You can check the current NAV on Allvest platform or the fund house website for the most recent price.

What is the AUM of SBI Magnum Medium Duration Fund?

The AUM (i.e. assets under management) of SBI Magnum Medium Duration Fund is ₹6505.93 Cr as of 9th July 2025.

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

The expense ratio of SBI Magnum Medium Duration Fund Plan is 0.71 as of 9th July 2025. Direct plans typically have lower expense ratios than regular plans.

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

The fund has delivered consistent returns over various time periods. Over the past five years, SBI Magnum Medium Duration Fund has delivered an annualised return of 6.86% as of 09-Jun-2025. Past performance doesn't guarantee future results.

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

The minimum investment required to start investing in SBI Magnum Medium Duration Fund is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in SBI Magnum Medium Duration Fund?

You can invest through Allvest platform, which offers a seamless investment experience. Alternatively, you can invest directly through the SBI Mutual Fund website or through registered distributors.

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

Create an account on Allvest, complete your KYC, select the fund, choose SIP option, set your monthly amount (minimum ₹500), and set up auto-debit instructions from your bank account.

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

On Allvest platform, set up a mandate authorization with your bank account during SIP registration. This will automatically deduct the SIP amount on your chosen date each month.

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

Log into your Allvest account, go to your portfolio, select the fund units you want to redeem, and place a redemption request. The amount will be credited to your registered bank account within 3-4 business days, subject to applicable exit loads.