Sbi Magnum Constant Maturity Fund

Review Date: 09-04-2025

Beginning of Analysis

The Sbi Magnum Constant Maturity Fund has shown an excellent past performence in Gilt Fund with 10 year constant duration. The Sbi Magnum Constant Maturity Fund has a Sharpe Ratio of 0.2 which is higher than the category average of 0.19. Here the Sbi Magnum Constant Maturity Fund has shown average performance in terms of risk adjusted returns.
The past performance of the {fund_name_eng} may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.
Gilt Mutual Funds with 10-Year Constant Duration are debt funds that invest primarily in government securities and maintain a fixed portfolio duration of 10 years. These funds are ideal for risk-averse investors seeking safety and stability in their debt portfolio, as they carry zero credit risk due to their investment in government-backed securities. However, they are highly sensitive to interest rate changes due to their long duration, making them more volatile compared to other debt funds. These funds perform well in a falling interest rate environment, offering significant capital appreciation, but may underperform when interest rates rise. They are best suited for long-term investors (with a horizon of 5–10 years or more) who can tolerate volatility and understand the impact of interest rate movements on bond prices. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help navigate interest rate cycles effectively.

Sbi Magnum Constant Maturity Fund Return Analysis

• The fund has given a return of 2.6%, 3.9 and 5.21 in last one, three and six months respectively. In the same period the category average return was 2.55%, 3.93% and 5.28% respectively.
• The fund has given a return of 8.47% in last three years and ranked 1.0st out of four funds in the category. In the same period the Gilt Fund with 10 year constant duration category average return was 8.36%.
• The fund has given a return of 7.07% in last five years and ranked 2.0nd out of four funds in the category. In the same period the Gilt Fund with 10 year constant duration category average return was 6.91%.
• The fund has given a return of 8.58% in last ten years and ranked 2.0nd out of four funds in the category. In the same period the category average return was 8.26%.
• The fund has given a SIP return of -5.09% in last one year whereas category average SIP return is -5.04%. The fund one year return rank in the category is 3rd in 5 funds
• The fund has SIP return of 7.99% in last three years and ranks 3rd in 4 funds. Bandhan Government Securities Fund - Constant Maturity Plan has given the highest SIP return (8.26%) in the category in last three years.
• The fund has SIP return of 7.03% in last five years whereas category average SIP return is 6.86%.

Sbi Magnum Constant Maturity Fund Risk Analysis

• The fund has a standard deviation of 2.79 and semi deviation of 2.06. The category average standard deviation is 2.83 and semi deviation is 2.11.
• The fund has a Value at Risk (VaR) of -3.24 and a maximum drawdown of -2.18. The category average VaR is -3.39 and the maximum drawdown is -2.4.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Gilt Fund with 10 year constant duration Category

Good Performance in Gilt Fund with 10 year constant duration Category

Poor Performance in Gilt Fund with 10 year constant duration Category

Very Poor Performance in Gilt Fund with 10 year constant duration Category