Should I invest in SBI MGLT?

We don't give personal investment advice. SBI MGLT- DIVIDEND - PF (Regular) Option 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: 2.9%. 5-year CAGR: 6.61%.

SBI

SBI MGLT- DIVIDEND - PF (Regular) Option

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	-0.46%	-0.05%	-0.41	16 / 17	Q4
1W	-0.40%	+0.21%	-0.61	17 / 17	Q4
2W	-0.54%	+0.30%	-0.83	17 / 17	Q4
1M	-0.25%	+0.24%	-0.49	14 / 17	Q4
3M	+0.57%	+1.68%	-1.11	15 / 17	Q4
6M	+2.77%	+2.93%	-0.16	13 / 17	Q4
YTD	+5.10%	+3.53%	+1.57	6 / 17	Q2
1Y	+7.15%	+4.79%	+2.36	7 / 17	Q2
2Y	+5.00%	+3.77%	+1.23	6 / 17	Q2
3Y	+5.09%	+3.93%	+1.16	8 / 17	Q2
4Y	+6.01%	+5.32%	+0.69	8 / 12	Q3
5Y	+6.61%	+5.53%	+1.08	6 / 12	Q2
7Y	+4.46%	+5.35%	-0.89	8 / 11	Q3
10Y	+4.64%	+5.67%	-1.03	5 / 6	Q4
Inception	+3.52%	+4.62%	-1.10	11 / 17	Q3

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
2023 YTD	+5.10%	+5.10%	+0.00	1 / 1
2022	+4.24%	+4.24%	+0.00	1 / 1
2021	+2.98%	+2.98%	+0.00	1 / 1
2020	+11.44%	+11.44%	+0.00	1 / 1
2019	+7.01%	+7.80%	-0.79	4 / 4
2018	+0.50%	+1.62%	-1.11	4 / 6
2017	-2.55%	-1.67%	-0.88	5 / 6
2016	+9.77%	+10.11%	-0.34	5 / 8
2015	+0.34%	+3.15%	-2.81	8 / 11
2014	+9.87%	+9.33%	+0.54	6 / 12
2013	+2.11%	+2.09%	+0.02	6 / 12

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

+3.51%

202 windows

min -14.7% · max 12.8%

80% positive

3-Year rolling

+3.52%

177 windows

min -1.1% · max 8.0%

89% positive

5-Year rolling

+3.63%

153 windows

min -0.3% · max 6.8%

99% positive

7-Year rolling

+3.71%

129 windows

min 1.4% · max 5.1%

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

2.45%

3-year · annualised

Sharpe ratio

-0.61

vs risk-free 6.5%

Sortino ratio

-1.52

Downside-only deviation

Max drawdown

-1.53%

Jan 2021 → Mar 2021

% 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
6 Oct 2023	₹18.4017
5 Oct 2023	₹18.4859
4 Oct 2023	₹18.4687
3 Oct 2023	₹18.4721
29 Sep 2023	₹18.4762
27 Sep 2023	₹18.5025
26 Sep 2023	₹18.5089
25 Sep 2023	₹18.5075
22 Sep 2023	₹18.5010
21 Sep 2023	₹18.5109

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 MGLT- DIVIDEND - PF (Regular) Option is a Gilt from SBI (Regular 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 MGLT- DIVIDEND - PF (Regular) Option 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 MGLT- DIVIDEND - PF (Regular) Option is managed by SBI. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI MGLT- DIVIDEND - PF (Regular) Option has delivered a absolute return of 7.15% — +2.36 pp ahead of the Gilt category average of 4.79%. The fund ranks #7 of 17 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI MGLT- DIVIDEND - PF (Regular) Option has delivered a CAGR of 5.09% — +1.16 pp ahead of the Gilt category average of 3.93%. The fund ranks #8 of 17 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI MGLT- DIVIDEND - PF (Regular) Option has delivered a CAGR of 6.61% — +1.08 pp ahead of the Gilt category average of 5.53%. The fund ranks #6 of 12 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI MGLT- DIVIDEND - PF (Regular) Option exactly 10 years ago would be worth approximately ₹157,322 today — a multiplier of 1.57×, based on the 10-year CAGR of 4.64%. The category average over the same window would have grown ₹1 lakh to ₹173,582.

A ₹10,000 monthly SIP in SBI MGLT- DIVIDEND - PF (Regular) Option over the last 5 years — total invested ₹600,000 — would be worth ₹694,536 today. That's an XIRR (money-weighted annualised return) of 5.79%.

A ₹10,000 monthly SIP for 10 years in SBI MGLT- DIVIDEND - PF (Regular) Option = ₹1,200,000 invested. It would currently be worth ₹1,550,565 (multiplier 1.29×). XIRR: 5.01%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, SBI MGLT- DIVIDEND - PF (Regular) Option ranks #6 out of 12 funds in the Gilt category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 5.53%; this fund delivered 6.61%.

The worst peak-to-trough decline SBI MGLT- DIVIDEND - PF (Regular) Option has experienced over the last 5-year window is 2.87% — its NAV fell from a high on 09 Mar 2020 to a low on 19 Mar 2020. 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 MGLT- DIVIDEND - PF (Regular) Option averaged 3.63% (best 6.81%, worst -0.35%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.01 — weak risk-adjusted performance.

In calendar year 2022, SBI MGLT- DIVIDEND - PF (Regular) Option returned 4.24% — beating the Gilt category average of 4.24% by 0.00 pp. It ranked #1 of 1 in its category that year.

SBI MGLT- DIVIDEND - PF (Regular) Option 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 MGLT- DIVIDEND - PF (Regular) Option 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: 2.9%. 5-year CAGR: 6.61%.

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