SBI Magnum Ultra Short Duration Fund - Growth

4347.7751

( NAV change from the previous, NAV as on 11/11/2019 )

Launch Date

1999-05-21 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY Ultra Short Duration Debt Index

Fund Manager

Mr. Rajeev Rdahakrishnan

Risk: Low

SBI Magnum Ultra Short Duration Fund Overview

SBI Magnum Ultra Short Duration Fund is an open-ended debt fund managed by Mr. Rajeev Rdahakrishnan. SBI Magnum Ultra Short Duration Fund was launched on 21st May 1999. SBI Magnum Ultra Short Duration Fund has the benchmark of NIFTY Ultra Short Duration Debt Index. As this fund is a short term debt fund the risk of this fund is low. You can check the SBI Magnum Ultra Short Duration Fund NAV to know about SBI Magnum Ultra Short Duration Fund Performance. You can invest in SBI Magnum Ultra Short Duration Fund Growth, SBI Magnum Ultra Short Duration Fund Dividend Weekly, SBI Magnum Ultra Short Duration Fund Dividend Daily, SBI Magnum Ultra Short Duration Fund Automatic Reinvestment. The SBI Magnum Ultra Short Duration Fund Expense Ratio is low and the SBI Magnum Ultra Short Duration Fund Exit load is also zero. SBI Magnum Ultra Short Duration Fund is an ultra short duration fund. SBI Magnum Ultra Short Duration Fund risk is lower than other funds as it invests in bonds. SBI Magnum Ultra Short Duration Fund Portfolio is also diversified

Eligibility Criteria to invest in SBI Magnum Ultra Short Duration Fund

  • Individual should be an Indian Citizen
  • Minor through parent/lawful guardian
  • Foreign Institutional Investors
  • Financial Institutions and Investment Institutions
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Association of Persons
  • Partner(s) of Partnership Firms.
  • Societies
  • Karta of Hindu Undivided Family
  • Companies
  • Trusts

Documents Require to invest in SBI Magnum Ultra Short Duration Fund

Along with the KYC application of the applicant, following are the essential documents for investing in SBI Magnum Ultra Short Duration Fund -

  • PAN Card
  • ID Proof- AADHAR Card, Voter ID Card.
  • Residential Proof
  • Passport size Photographs
  • Duly filled application form
  • KYC Acknowledgement
  • Declaration of 3rd party (for minors)

SBI Magnum Ultra Short Duration Fund Advantages

  • SBI Magnum Ultra Short Duration Fund Performance is very promising over the years, you also can check the SBI Magnum Ultra Short Duration Fund NAV.
  • SBI Magnum Ultra Short Duration Fund has so many investment options SBI Magnum Ultra Short Duration Fund Growth, SBI Magnum Ultra Short Duration Fund Dividend Weekly, SBI Magnum Ultra Short Duration Fund Dividend Daily, SBI Magnum Ultra Short Duration Fund Automatic Reinvestment. You can choose one of them.
  • SBI Magnum Ultra Short Duration Fund expense ratio is also low.
  • SBI Magnum Ultra Short Duration Fund exit load is also zero.
  • SBI Magnum Ultra Short Duration Fund minimum investment is Rs. 5000.
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