SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH of SBI Mutual Fund has asset class type as Ultra-Short-Term. Oro Wealth rating for the fund is 3.
Crisil Liquid Fund Index
Low Duration Fund
Rajeev Radhakrishnan B.E. (Production), MMS (Finance), Cleared Level 2 of the CFA exam conducted by CFA Institute, USA. Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
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.