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sbi magnum income fund direct bonus
SBI Magnum Income Fund Direct Bonus

SBI Magnum Income Fund Direct Bonus

  • Moderately High risk
  • Fixed Income
  • Medium to Long Duration
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NAV as on Jan 12, 2026
i
Price per unit of the scheme.
₹ 47.09960.10%1 Day Change
0.27%
Minimum Investment₹5000
Expense Ratio0.80%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
5
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
SBI Magnum Income Fund Direct Bonus
VS
Fixed Income: Medium to Long Duration Average NAV
    Topper in Fixed Income: Medium to Long Duration
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    SBI Magnum Income Fund Direct Bonus
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY Medium to Long Dur Debt TR INR
    Expense Ratio
    0.80%
    Category Avg Expense Ratio
    0.65%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 2,168.62 Cr(As on Nov, 2025)
    Inception Date
    Jan 14, 2013
    Turnover
    - %
    Exit Load
    For exit within 1 year from the date of allotment – For 10% of Investment – Nil, For remaining Investment – 1.00%. For exit after 1 year from the date of allotment – Nil.

    bt_logoABOUT THE FUND

    Objective: 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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

    SBI Magnum Income Fund Direct Bonus is an Fixed Income - Medium to Long Duration fund. The fund was launched inJan 14, 2013. Its risk level is . The NAV of the fund as onJan 12, 2026 is ₹47.10. Its expense ratio is 0.80 %. The fund has an AUM of ₹2,168.62 Cr.The fund is managed byDinesh Ahuja,Mohit Jain,Rajeev Radhakrishnan,Pradeep Kesavan,Lokesh Mallya,Adesh Sharma.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Dinesh Ahuja
    Dinesh Ahuja
    i
    Lead Fund Manager.
    Jan 31, 2011 - Present
    • Fund Manager Rank53Out of 57
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed16
    • Total AUM₹ 1,73,078.94 Cr
    • Highest Return In 1 Yr13.79 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    --
    ₹ 46.78
    -2.97%
    -%
    Very High Risk
    ₹5,052.54Cr
    SBI Retirement Benefit Fund - Conservative Plan Direct Growth
    --
    ₹ 14.74
    0.24%
    -%
    Moderately High risk
    ₹174.57Cr
    SBI Balanced Advantage Fund Direct Growth
    --
    ₹ 16.62
    -0.42%
    -0.64%
    Very High Risk
    ₹39,337.41Cr
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    Very High Risk--
    • NAV₹ 46.78
    • Fund Size₹5,052.54Cr
    Fund Return-2.97%
    Category Return--
    SBI Retirement Benefit Fund - Conservative Plan Direct Growth
    Moderately High risk--
    • NAV₹ 14.74
    • Fund Size₹174.57Cr
    Fund Return0.24%
    Category Return--
    SBI Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.62
    • Fund Size₹39,337.41Cr
    Fund Return-0.42%
    Category Return-0.64%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mohit Jain
    Mohit Jain
    i
    Lead Fund Manager.
    Nov 30, 2017 - Present
    • Schemes managed43
    • Total AUM₹ 6,50,003.49 Cr
    • Highest Return In 1 Yr31.91 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    --
    ₹ 46.78
    -2.97%
    -%
    Very High Risk
    ₹5,052.54Cr
    SBI Multicap Fund Direct Growth
    --
    ₹ 17.22
    -2.39%
    -1.58%
    Very High Risk
    ₹23,956.40Cr
    SBI Balanced Advantage Fund Direct Growth
    --
    ₹ 16.62
    -0.42%
    -0.64%
    Very High Risk
    ₹39,337.41Cr
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    Very High Risk--
    • NAV₹ 46.78
    • Fund Size₹5,052.54Cr
    Fund Return-2.97%
    Category Return--
    SBI Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.22
    • Fund Size₹23,956.40Cr
    Fund Return-2.39%
    Category Return-1.58%
    SBI Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.62
    • Fund Size₹39,337.41Cr
    Fund Return-0.42%
    Category Return-0.64%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rajeev Radhakrishnan
    Rajeev Radhakrishnan
    i
    Lead Fund Manager.
    Nov 1, 2023 - Present
    • Schemes managed22
    • Total AUM₹ 3,47,539.35 Cr
    • Highest Return In 1 Yr13.79 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Corporate Bond Fund Direct Growth
    ₹ 16.48
    0.27%
    0.23%
    Moderate Risk
    ₹25,054.24Cr
    SBI Banking and PSU Fund Direct Plan Growth
    ₹ 3,409.28
    0.12%
    0.25%
    Low to Moderate Risk
    ₹4,212.99Cr
    SBI Magnum Low Duration Fund Direct Plan Growth
    ₹ 3,755.53
    0.41%
    0.32%
    Moderate Risk
    ₹16,698.26Cr
    SBI Corporate Bond Fund Direct Growth
    Moderate Risk
    • NAV₹ 16.48
    • Fund Size₹25,054.24Cr
    Fund Return0.27%
    Category Return0.23%
    SBI Banking and PSU Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 3,409.28
    • Fund Size₹4,212.99Cr
    Fund Return0.12%
    Category Return0.25%
    SBI Magnum Low Duration Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 3,755.53
    • Fund Size₹16,698.26Cr
    Fund Return0.41%
    Category Return0.32%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pradeep Kesavan
    Pradeep Kesavan
    i
    Lead Fund Manager.
    Dec 1, 2023 - Present
    • Schemes managed46
    • Total AUM₹ 6,70,864.33 Cr
    • Highest Return In 1 Yr31.91 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Credit Risk Fund Direct Plan Growth
    ₹ 51.05
    0.29%
    0.60%
    Moderately High risk
    ₹2,182.37Cr
    SBI Savings Fund Direct Plan Growth
    ₹ 46.00
    0.45%
    0.32%
    Moderate Risk
    ₹36,650.10Cr
    SBI Short Term Debt Fund Direct Growth
    ₹ 35.25
    0.31%
    0.25%
    Moderate Risk
    ₹17,716.50Cr
    SBI Credit Risk Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 51.05
    • Fund Size₹2,182.37Cr
    Fund Return0.29%
    Category Return0.60%
    SBI Savings Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 46.00
    • Fund Size₹36,650.10Cr
    Fund Return0.45%
    Category Return0.32%
    SBI Short Term Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 35.25
    • Fund Size₹17,716.50Cr
    Fund Return0.31%
    Category Return0.25%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Lokesh Mallya
    Lokesh Mallya
    i
    Lead Fund Manager.
    Dec 1, 2023 - Present
    • Schemes managed5
    • Total AUM₹ 16,481.12 Cr
    • Highest Return In 1 Yr8.46 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Credit Risk Fund Direct Plan Growth
    ₹ 51.05
    0.29%
    0.60%
    Moderately High risk
    ₹2,182.37Cr
    SBI Magnum Medium Duration Fund Direct Growth
    ₹ 57.07
    0.30%
    0.26%
    Moderate Risk
    ₹6,945.68Cr
    SBI Magnum Income Fund Direct Growth
    ₹ 77.65
    0.27%
    0.04%
    Moderately High risk
    ₹2,168.62Cr
    SBI Credit Risk Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 51.05
    • Fund Size₹2,182.37Cr
    Fund Return0.29%
    Category Return0.60%
    SBI Magnum Medium Duration Fund Direct Growth
    Moderate Risk
    • NAV₹ 57.07
    • Fund Size₹6,945.68Cr
    Fund Return0.30%
    Category Return0.26%
    SBI Magnum Income Fund Direct Growth
    Moderately High risk
    • NAV₹ 77.65
    • Fund Size₹2,168.62Cr
    Fund Return0.27%
    Category Return0.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Adesh Sharma
    Adesh Sharma
    i
    Lead Fund Manager.
    Dec 1, 2023 - Present
    • Schemes managed2
    • Total AUM₹ 4,350.99 Cr
    • Highest Return In 1 Yr8.46 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Credit Risk Fund Direct Plan Growth
    ₹ 51.05
    0.29%
    0.60%
    Moderately High risk
    ₹2,182.37Cr
    SBI Magnum Income Fund Direct Growth
    ₹ 77.65
    0.27%
    0.04%
    Moderately High risk
    ₹2,168.62Cr
    SBI Credit Risk Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 51.05
    • Fund Size₹2,182.37Cr
    Fund Return0.29%
    Category Return0.60%
    SBI Magnum Income Fund Direct Growth
    Moderately High risk
    • NAV₹ 77.65
    • Fund Size₹2,168.62Cr
    Fund Return0.27%
    Category Return0.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Dec, 2025
    EQUITY (-%)
    DEBT (89.94%)
    CASH (9.80%)
    Allocation by Market Cap
    Other Cap(0.26%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      0.04
      This Fund
      VS
      -0.72
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      91.27
      This Fund
      VS
      84.78
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.99
      This Fund
      VS
      1.11
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.55
      This Fund
      VS
      0.23
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      0.86
      This Fund
      VS
      0.41
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      1.95
      This Fund
      VS
      2.30
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    SBI Funds Management Ltd
    SBI Funds Management Ltd manages assets worth ₹ 12,67,588.38 crores. It’s current offering of mutual fund schemes includes 47 equity, 70 debt and 16 hybrid schemes.
    phone icon
    Phone
    022 - 61793000
    mail icon
    Email
    partnerforlife@sbimf.com
    aum
    AUM
    ₹ 12,67,588.38 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    C-38 & 39, G Block, Bandra Kurla Complex, Mumbai,400 051

    bt_logoFAQ's

    What is the category of SBI Magnum Income Fund Direct Bonus ?
    The category of SBI Magnum Income Fund Direct Bonus is Fixed Income - Medium to Long Duration
    What is the current NAV of SBI Magnum Income Fund Direct Bonus ?
    The current NAV of SBI Magnum Income Fund Direct Bonus as on Jan 12, 2026 is ₹47.10
    How safe is SBI Magnum Income Fund Direct Bonus ?
    The risk level of SBI Magnum Income Fund Direct Bonus is Moderately High.
    What are short term returns given by SBI Magnum Income Fund Direct Bonus ?
    The return given by SBI Magnum Income Fund Direct Bonus in 1 month is 0.27%, 3 months is 0.59%, 6 months is 1.39%, and 1 year is 6.40%
    What are the long term returns given by SBI Magnum Income Fund Direct Bonus ?
    The return given by SBI Magnum Income Fund Direct Bonus in 3 years is 7.57% and 5 years is 6.22%.
    What is the expense ratio of SBI Magnum Income Fund Direct Bonus ?
    The expense ratio of SBI Magnum Income Fund Direct Bonus is 0.80%
    What is the AUM of SBI Magnum Income Fund Direct Bonus ?
    The assets under Management (AUM) of SBI Magnum Income Fund Direct Bonus is Rs 2,168.62 crores.
    What is the minimum investment in SBI Magnum Income Fund Direct Bonus ?
    The minimum Lumpsum investment in SBI Magnum Income Fund Direct Bonus is ₹5,000.00 and the minimum SIP investment in SBI Magnum Income Fund Direct Bonus is ₹1,000.00
    What is the asset allocation of SBI Magnum Income Fund Direct Bonus?
    SBI Magnum Income Fund Direct Bonus has an exposure of 89.94% in Debt and 9.80% in Cash & Money Market Securities

    bt_logoCALCULATORS

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