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

We don't give personal investment advice. SBI Magnum Income Plus Fund - Savings Plan (G) 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: 4.0%. 5-year CAGR: 3.43%.

SBI

SBI Magnum Income Plus Fund - Savings Plan (G)

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	251 / 1129	Q1
1W	+0.14%	-13.04%	+13.18	185 / 1151	Q1
2W	+0.35%	-13.18%	+13.53	124 / 1149	Q1
1M	+0.78%	-13.26%	+14.04	109 / 1137	Q1
3M	+2.06%	-13.15%	+15.21	132 / 1116	Q1
6M	+4.11%	-15.45%	+19.56	173 / 906	Q1
YTD	+5.94%	-15.77%	+21.71	99 / 952	Q1
1Y	+7.46%	-13.09%	+20.55	223 / 820	Q2
2Y	+6.63%	-12.72%	+19.35	105 / 446	Q1
3Y	+5.82%	-11.01%	+16.83	103 / 385	Q2
4Y	+4.65%	-6.52%	+11.17	107 / 339	Q2
5Y	+3.43%	-7.36%	+10.79	112 / 314	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+3.07%	-13.63%	+16.70	348 / 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	+5.94%	+1.38%	+4.56	132 / 295
2011	+6.22%	-3.16%	+9.38	88 / 317
2010	+4.26%	-5.78%	+10.04	96 / 377
2009	+1.66%	-12.86%	+14.52	305 / 713
2008	-1.48%	-2.02%	+0.55	254 / 380
2007	+1.17%	+4.84%	-3.67	110 / 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

+2.75%

68 windows

min -1.5% · max 7.5%

82% positive

3-Year rolling

+2.33%

43 windows

min 0.4% · max 5.8%

100% positive

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

5-Year rolling

+2.52%

19 windows

min 1.8% · max 3.4%

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

0.72%

3-year · annualised

Sharpe ratio

-1.14

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.85%

Dec 2011 → Dec 2011

% positive months

100.0%

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	₹12.5326
4 Oct 2012	₹12.5323
3 Oct 2012	₹12.5285
1 Oct 2012	₹12.5217
28 Sep 2012	₹12.5151
27 Sep 2012	₹12.5069
26 Sep 2012	₹12.5058
25 Sep 2012	₹12.5026
24 Sep 2012	₹12.4980
21 Sep 2012	₹12.4888

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 (G) 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 (G) 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 (G) 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 (G) has delivered a absolute return of 7.46% — +20.55 pp ahead of the Income category average of -13.09%. The fund ranks #223 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Magnum Income Plus Fund - Savings Plan (G) has delivered a CAGR of 5.82% — +16.83 pp ahead of the Income category average of -11.01%. The fund ranks #103 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI Magnum Income Plus Fund - Savings Plan (G) has delivered a CAGR of 3.43% — +10.79 pp ahead of the Income category average of -7.36%. The fund ranks #112 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI Magnum Income Plus Fund - Savings Plan (G) exactly 5 years ago would be worth approximately ₹118,347 today — a multiplier of 1.18×, based on the 5-year CAGR of 3.43%. 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 (G) over the last 5 years — total invested ₹600,000 — would be worth ₹683,311 today. That's an XIRR (money-weighted annualised return) of 5.13%.

SBI Magnum Income Plus Fund - Savings Plan (G) doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹683,311 — XIRR 5.13%.

On a 5-year basis, SBI Magnum Income Plus Fund - Savings Plan (G) ranks #112 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 3.43%.

The worst peak-to-trough decline SBI Magnum Income Plus Fund - Savings Plan (G) has experienced over the last 5-year window is 3.97% — its NAV fell from a high on 28 Aug 2009 to a low on 31 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 (G) averaged 2.52% (best 3.43%, worst 1.79%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -2.79 — negative risk-adjusted performance.

In calendar year 2011, SBI Magnum Income Plus Fund - Savings Plan (G) returned 6.22% — beating the Income category average of -3.16% by 9.38 pp. It ranked #88 of 317 in its category that year.

SBI Magnum Income Plus Fund - Savings Plan (G) 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 (G) 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: 4.0%. 5-year CAGR: 3.43%.

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