Should I invest in SBI Magnum Income Fund - F R P - Short Term - (G)?

We don't give personal investment advice. SBI Magnum Income Fund - F R P - Short Term - (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: 0.3%. 5-year CAGR: 5.86%.

SBI

SBI Magnum Income Fund - F R P - Short Term - (G)

Latest NAV

₹43.5732

As of

3 Jun 2026

4,891 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	+0.02%	+0.00%	+0.02	26 / 51	Q3
1W	+0.21%	+0.17%	+0.04	25 / 51	Q2
2W	+0.09%	+0.09%	+0.00	31 / 51	Q3
1M	+0.14%	+0.14%	+0.00	25 / 51	Q2
3M	+1.08%	+0.42%	+0.66	19 / 51	Q2
6M	+2.38%	+0.91%	+1.47	19 / 51	Q2
YTD	+1.93%	+0.83%	+1.10	20 / 51	Q2
1Y	+5.44%	+2.16%	+3.27	19 / 51	Q2
2Y	+6.54%	+2.79%	+3.76	19 / 51	Q2
3Y	+6.70%	+3.08%	+3.62	17 / 43	Q2
4Y	+6.56%	+3.09%	+3.47	17 / 43	Q2
5Y	+5.86%	+2.77%	+3.10	15 / 43	Q2
7Y	+5.81%	+2.65%	+3.16	13 / 43	Q2
10Y	+6.21%	+2.72%	+3.49	10 / 42	Q1
Inception	+7.11%	+3.46%	+3.65	9 / 50	Q1

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	+1.93%	+0.74%	+1.19	17 / 42
2025	+7.05%	+3.15%	+3.89	15 / 42
2024	+7.19%	+3.39%	+3.79	17 / 41
2023	+6.90%	+3.51%	+3.39	15 / 39
2022	+4.31%	+2.03%	+2.28	13 / 41
2021	+3.32%	+1.44%	+1.88	13 / 41
2020	+5.64%	+2.26%	+3.39	10 / 47
2019	+7.67%	+2.96%	+4.71	11 / 47
2018	+6.97%	+2.57%	+4.40	14 / 43
2017	+6.32%	+2.37%	+3.95	11 / 43
2016	+8.32%	+2.97%	+5.35	1 / 44

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

+7.20%

234 windows

min 3.1% · max 10.2%

100% positive

3-Year rolling

+7.25%

210 windows

min 4.4% · max 13.4%

100% positive

5-Year rolling

+7.28%

185 windows

min 5.4% · max 9.2%

100% positive

7-Year rolling

+7.40%

161 windows

min 5.8% · max 8.7%

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

0.43%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.16%

May 2026 → May 2026

% 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.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Cash Management Fund - Savings Plan-Daily Dividend Option	HDFC	₹1,063.6400	3 Jun 2026
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option	Nippon India	₹1,022.7499	3 Jun 2026
SBI Magnum Income Fund - F R P - Short Term - Weekly (D)	SBI	₹16.2145	3 Jun 2026
ICICI Prudential Money Market Fund Option - IDCW Others	ICICI Prudential	₹183.8376	3 Jun 2026
Invesco India Money Market Fund - Daily IDCW (Reinvestment)	Invesco	₹1,000.2900	3 Jun 2026
Franklin India Money Market Fund - DP - Wkly IDCW R	Franklin India	₹10.0960	3 Jun 2026
Templeton Floating Rate Income Fund-Long Term Plan-Dividend Option	Franklin Templeton	₹11.1750	3 Jun 2026
Kotak Floater Short Term-(Growth)	Kotak Mahindra	₹4,738.1215	3 Jun 2026
DSP BlackRock Treasury Bill Fund - Dividend	DSP BlackRock	₹12.3436	3 Jun 2026
UTI MMF - Instn Growth Plan	UTI	₹3,254.9369	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹43.5732
2 Jun 2026	₹43.5663
1 Jun 2026	₹43.5555
31 May 2026	₹43.5328
29 May 2026	₹43.5175
27 May 2026	₹43.4908
26 May 2026	₹43.4770
25 May 2026	₹43.4831
22 May 2026	₹43.4711
21 May 2026	₹43.4769

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 03 Jun 2026, the NAV of SBI Magnum Income Fund - F R P - Short Term - (G) is ₹43.5732. It's a Money Market Fund from SBI, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

SBI Magnum Income Fund - F R P - Short Term - (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 Fund - F R P - Short Term - (G) is managed by SBI. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Magnum Income Fund - F R P - Short Term - (G) has delivered a absolute return of 5.44% — +3.27 pp ahead of the Money Market Fund category average of 2.16%. The fund ranks #19 of 51 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Magnum Income Fund - F R P - Short Term - (G) has delivered a CAGR of 6.70% — +3.62 pp ahead of the Money Market Fund category average of 3.08%. The fund ranks #17 of 43 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI Magnum Income Fund - F R P - Short Term - (G) has delivered a CAGR of 5.86% — +3.1 pp ahead of the Money Market Fund category average of 2.77%. The fund ranks #15 of 43 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI Magnum Income Fund - F R P - Short Term - (G) exactly 10 years ago would be worth approximately ₹182,742 today — a multiplier of 1.83×, based on the 10-year CAGR of 6.21%. The category average over the same window would have grown ₹1 lakh to ₹130,832.

A ₹10,000 monthly SIP in SBI Magnum Income Fund - F R P - Short Term - (G) over the last 5 years — total invested ₹600,000 — would be worth ₹704,968 today. That's an XIRR (money-weighted annualised return) of 6.38%.

A ₹10,000 monthly SIP for 10 years in SBI Magnum Income Fund - F R P - Short Term - (G) = ₹1,200,000 invested. It would currently be worth ₹1,636,164 (multiplier 1.36×). XIRR: 6.04%. 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 Fund - F R P - Short Term - (G) ranks #15 out of 43 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.77%; this fund delivered 5.86%.

The worst peak-to-trough decline SBI Magnum Income Fund - F R P - Short Term - (G) has experienced over the last 5-year window is 0.27% — its NAV fell from a high on 02 May 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 Fund - F R P - Short Term - (G) averaged 7.28% (best 9.18%, worst 5.43%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.40 — negative risk-adjusted performance.

In calendar year 2025, SBI Magnum Income Fund - F R P - Short Term - (G) returned 7.05% — beating the Money Market Fund category average of 3.15% by 3.89 pp. It ranked #15 of 42 in its category that year.

SBI Magnum Income Fund - F R P - Short Term - (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 Fund - F R P - Short Term - (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: 0.3%. 5-year CAGR: 5.86%.

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

SBI Magnum Income Fund - F R P - Short Term - (G)

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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