Should I invest in SBI Magnum Income Plus Fund - Investment Plan (D)?

We don't give personal investment advice. SBI Magnum Income Plus Fund - Investment Plan (D) is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.7%. 5-year CAGR: 6.21%.

SBI

SBI Magnum Income Plus Fund - Investment Plan (D)

Latest NAV

₹20.9229

As of

18 Jun 2026

4,901 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	0.00%	-0.08%	+0.08	20 / 32	Q3
1W	+0.23%	+0.07%	+0.16	14 / 32	Q2
2W	+0.98%	+0.54%	+0.43	10 / 32	Q2
1M	+1.58%	+0.97%	+0.61	5 / 32	Q1
3M	+1.74%	+1.20%	+0.54	10 / 32	Q2
6M	+2.77%	+1.76%	+1.01	12 / 32	Q2
YTD	+2.42%	+0.83%	+1.59	10 / 32	Q2
1Y	+5.22%	+2.29%	+2.93	10 / 32	Q2
2Y	+7.19%	+2.95%	+4.24	8 / 31	Q2
3Y	+7.08%	+3.18%	+3.90	4 / 31	Q1
4Y	+7.33%	+3.18%	+4.15	6 / 31	Q1
5Y	+6.21%	+2.81%	+3.40	7 / 31	Q1
7Y	+6.52%	+2.73%	+3.79	5 / 28	Q1
10Y	+5.36%	+3.17%	+2.19	9 / 25	Q2
Inception	+3.51%	+2.93%	+0.59	11 / 32	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.42%	+1.43%	+0.99	7 / 17
2025	+7.49%	+3.35%	+4.14	7 / 20
2024	+8.11%	+4.91%	+3.20	4 / 20
2023	+7.21%	+3.99%	+3.22	1 / 20
2022	+3.42%	+0.86%	+2.56	2 / 24
2021	+3.81%	+2.88%	+0.93	9 / 25
2020	+12.14%	+1.22%	+10.92	1 / 30
2019	+4.74%	+2.51%	+2.23	11 / 30
2018	+1.29%	+2.64%	-1.34	20 / 30
2017	-0.06%	+2.00%	-2.06	19 / 30
2016	+7.47%	+5.02%	+2.45	12 / 31

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.58%

235 windows

min -12.9% · max 16.1%

78% positive

3-Year rolling

+3.56%

210 windows

min -0.8% · max 8.0%

94% positive

5-Year rolling

+3.47%

186 windows

min -0.1% · max 7.3%

99% positive

7-Year rolling

+3.46%

162 windows

min 0.3% · max 6.7%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.44%

3-year · annualised

Sharpe ratio

0.27

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.72%

Feb 2026 → Apr 2026

% positive months

91.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Medium Duration Fund

Scheme	Fund house	NAV	As of
HDFC High Interest Fund - Short Term Plan-Dividend Option	HDFC	₹10.1325	18 Jun 2026
Nippon India Medium Duration Fund - Segregated Portfolio 2 - Bonus Option	Nippon India	₹0.0000	18 Jun 2026
SBI Magnum Income Plus Fund - Investment Plan (G)	SBI	₹53.9767	18 Jun 2026
ICICI Prudential Long Term Floating Rate Plan-Plan A-Growth	ICICI Prudential	₹47.8094	18 Jun 2026
Kotak Medium Term Fund - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.8162	18 Jun 2026
IDFC - SSIF - Medium Term - Bimonthly Dividend Option	IDFC	₹10.3975	18 Jun 2026
Sundaram BNP Paribas Bond Saver-Growth	Sundaram BNP Paribas	₹71.2016	18 Jun 2026

Recent NAVs

Date	NAV
18 Jun 2026	₹20.9229
17 Jun 2026	₹20.9069
16 Jun 2026	₹20.9075
15 Jun 2026	₹20.9038
12 Jun 2026	₹20.8794
11 Jun 2026	₹20.8516
10 Jun 2026	₹20.8591
9 Jun 2026	₹20.8559
8 Jun 2026	₹20.8049
5 Jun 2026	₹20.7685

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 18 Jun 2026, the NAV of SBI Magnum Income Plus Fund - Investment Plan (D) is ₹20.9229. It's a Medium Duration Fund from SBI, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

SBI Magnum Income Plus Fund - Investment Plan (D) has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

SBI Magnum Income Plus Fund - Investment Plan (D) is managed by SBI. It's classified by AMFI under the 'Medium Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Magnum Income Plus Fund - Investment Plan (D) has delivered a absolute return of 5.22% — +2.93 pp ahead of the Medium Duration Fund category average of 2.29%. The fund ranks #10 of 32 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Magnum Income Plus Fund - Investment Plan (D) has delivered a CAGR of 7.08% — +3.9 pp ahead of the Medium Duration Fund category average of 3.18%. The fund ranks #4 of 31 in its category — the top (Q1) quartile.

Over the trailing 5-year window, SBI Magnum Income Plus Fund - Investment Plan (D) has delivered a CAGR of 6.21% — +3.4 pp ahead of the Medium Duration Fund category average of 2.81%. The fund ranks #7 of 31 in its category — the top (Q1) quartile.

₹1 lakh invested in SBI Magnum Income Plus Fund - Investment Plan (D) exactly 10 years ago would be worth approximately ₹168,595 today — a multiplier of 1.69×, based on the 10-year CAGR of 5.36%. The category average over the same window would have grown ₹1 lakh to ₹136,614.

A ₹10,000 monthly SIP in SBI Magnum Income Plus Fund - Investment Plan (D) over the last 5 years — total invested ₹600,000 — would be worth ₹712,960 today. That's an XIRR (money-weighted annualised return) of 6.83%.

A ₹10,000 monthly SIP for 10 years in SBI Magnum Income Plus Fund - Investment Plan (D) = ₹1,200,000 invested. It would currently be worth ₹1,645,939 (multiplier 1.37×). XIRR: 6.15%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, SBI Magnum Income Plus Fund - Investment Plan (D) ranks #7 out of 31 funds in the Medium Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.81%; this fund delivered 6.21%.

The worst peak-to-trough decline SBI Magnum Income Plus Fund - Investment Plan (D) has experienced over the last 5-year window is 1.74% — its NAV fell from a high on 30 Mar 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, SBI Magnum Income Plus Fund - Investment Plan (D) averaged 3.47% (best 7.26%, worst -0.10%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is -0.29 — negative risk-adjusted performance.

In calendar year 2025, SBI Magnum Income Plus Fund - Investment Plan (D) returned 7.49% — beating the Medium Duration Fund category average of 3.35% by 4.14 pp. It ranked #7 of 20 in its category that year.

SBI Magnum Income Plus Fund - Investment Plan (D) is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. SBI Magnum Income Plus Fund - Investment Plan (D) is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.7%. 5-year CAGR: 6.21%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.