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

We don't give personal investment advice. SBI Magnum Income Plus Fund - Savings 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: 3.1%. 5-year CAGR: 1.63%.

SBI

SBI Magnum Income Plus Fund - Savings Plan (D)

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%	-9.99%	+9.99	253 / 1129	Q1
1W	+0.14%	-13.04%	+13.18	188 / 1151	Q1
2W	+0.35%	-13.18%	+13.53	127 / 1149	Q1
1M	+0.77%	-13.26%	+14.04	110 / 1137	Q1
3M	+2.06%	-13.15%	+15.21	134 / 1116	Q1
6M	+2.92%	-15.45%	+18.38	274 / 906	Q2
YTD	+3.65%	-15.77%	+19.42	193 / 952	Q1
1Y	+4.17%	-13.09%	+17.26	343 / 820	Q2
2Y	+3.02%	-12.72%	+15.74	175 / 446	Q2
3Y	+2.75%	-11.01%	+13.76	146 / 385	Q2
4Y	+2.38%	-6.52%	+8.90	126 / 339	Q2
5Y	+1.63%	-7.36%	+8.99	139 / 314	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+1.68%	-13.63%	+15.32	374 / 1199	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
2012 YTD	+3.65%	+1.38%	+2.27	151 / 295
2011	+2.31%	-3.16%	+5.47	111 / 317
2010	+1.31%	-5.78%	+7.09	169 / 377
2009	+1.70%	-12.86%	+14.55	301 / 713
2008	-1.47%	-2.02%	+0.55	253 / 380
2007	+1.15%	+4.84%	-3.69	112 / 142
2006	—	—	—	—

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

+1.38%

68 windows

min -1.5% · max 4.2%

82% positive

3-Year rolling

+1.24%

43 windows

min 0.5% · max 2.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+1.23%

19 windows

min 1.0% · max 1.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

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

1.69%

3-year · annualised

Sharpe ratio

-2.23

vs risk-free 6.5%

Sortino ratio

-3.86

Downside-only deviation

Max drawdown

-1.76%

Dec 2011 → Dec 2011

% positive months

75.0%

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.

Recent NAVs

Date	NAV
5 Oct 2012	₹11.1062
4 Oct 2012	₹11.1060
3 Oct 2012	₹11.1026
1 Oct 2012	₹11.0966
28 Sep 2012	₹11.0908
27 Sep 2012	₹11.0835
26 Sep 2012	₹11.0825
25 Sep 2012	₹11.0796
24 Sep 2012	₹11.0756
21 Sep 2012	₹11.0675

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.

SBI Magnum Income Plus Fund - Savings Plan (D) is a Income from SBI (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

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

Over the trailing 1-year window, SBI Magnum Income Plus Fund - Savings Plan (D) has delivered a absolute return of 4.17% — +17.26 pp ahead of the Income category average of -13.09%. The fund ranks #343 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Magnum Income Plus Fund - Savings Plan (D) has delivered a CAGR of 2.75% — +13.76 pp ahead of the Income category average of -11.01%. The fund ranks #146 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI Magnum Income Plus Fund - Savings Plan (D) has delivered a CAGR of 1.63% — +8.99 pp ahead of the Income category average of -7.36%. The fund ranks #139 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI Magnum Income Plus Fund - Savings Plan (D) exactly 5 years ago would be worth approximately ₹108,415 today — a multiplier of 1.08×, based on the 5-year CAGR of 1.63%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in SBI Magnum Income Plus Fund - Savings Plan (D) over the last 5 years — total invested ₹600,000 — would be worth ₹638,754 today. That's an XIRR (money-weighted annualised return) of 2.47%.

SBI Magnum Income Plus Fund - Savings Plan (D) doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹638,754 — XIRR 2.47%.

On a 5-year basis, SBI Magnum Income Plus Fund - Savings Plan (D) ranks #139 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 1.63%.

The worst peak-to-trough decline SBI Magnum Income Plus Fund - Savings Plan (D) has experienced over the last 5-year window is 3.07% — its NAV fell from a high on 23 Jan 2008 to a low on 28 Aug 2009. 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 - Savings Plan (D) averaged 1.23% (best 1.63%, worst 1.02%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -3.32 — negative risk-adjusted performance.

In calendar year 2011, SBI Magnum Income Plus Fund - Savings Plan (D) returned 2.31% — beating the Income category average of -3.16% by 5.47 pp. It ranked #111 of 317 in its category that year.

SBI Magnum Income Plus Fund - Savings 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 - Savings 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: 3.1%. 5-year CAGR: 1.63%.

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