SBI Magnum (India) Fund

SBI Magnum is trading at 16.88 as of the 21st of September 2021; that is 0.019 percent increase since the beginning of the trading day. The fund's open price was 16.876801. Equity ratings for SBI Magnum Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2019 and ending today, the 21st of September 2021. Click here to learn more.

SBI Magnum Fund Profile

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. SBI Magnum is traded on Bombay Stock Exchange in India. more on SBI Magnum
SBI Magnum Income is not yet fully synchronised with the market data
SBI Magnum Income is unlikely to experience financial distress in the next 2 years
The fund holds about 5.01% of its total net assets in cash
Legal NameSBI Magnum Income
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SBI Magnum's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Beta In Three Year0.63
Startdate31st of January 2011
SBI Magnum Income [0P0000XVKA] is traded in India and was established 21st of September 2021. The fund is listed under Intermediate Bond category and is part of SBI Funds Management Private Limited family. SBI Magnum Income presently has accumulated 657 M in total net assets with minimum initial investment of 5 K.
Check SBI Magnum Probability Of Bankruptcy

SBI Magnum Against Markets

Picking the right benchmark for SBI Magnum fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SBI Magnum fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SBI Magnum is critical whether you are bullish or bearish towards SBI Magnum Income at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SBI Magnum fund to make a market-neutral strategy. Peer analysis of SBI Magnum could also be used in its relative valuation, which is a method of valuing SBI Magnum by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the SBI Magnum Income information on this page should be used as a complementary analysis to other SBI Magnum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for 0P0000XVKA Fund

When running SBI Magnum Income price analysis, check to measure SBI Magnum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBI Magnum is operating at the current time. Most of SBI Magnum's value examination focuses on studying past and present price action to predict the probability of SBI Magnum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SBI Magnum's price. Additionally, you may evaluate how the addition of SBI Magnum to your portfolios can decrease your overall portfolio volatility.
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