Should I invest in SBI Magnum Monthly Income Plan?

We don't give personal investment advice. SBI Magnum Monthly Income Plan-Dividend-Monthly is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.9%. 5-year CAGR: 6.77%.

SBI

SBI Magnum Monthly Income Plan-Dividend-Monthly

Latest NAV

₹21.4921

As of

17 Jul 2026

4,921 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	-0.15%	+0.08%	-0.23	30 / 33	Q4
1W	+0.01%	-0.06%	+0.07	9 / 33	Q2
2W	-0.17%	0.00%	-0.17	29 / 33	Q4
1M	+0.17%	+0.36%	-0.19	23 / 33	Q3
3M	-0.14%	+0.90%	-1.03	25 / 33	Q4
6M	-0.94%	+0.19%	-1.13	22 / 33	Q3
YTD	-1.40%	-0.38%	-1.02	22 / 33	Q3
1Y	-3.90%	-0.73%	-3.17	25 / 33	Q4
2Y	+0.98%	+1.20%	-0.21	17 / 33	Q3
3Y	+5.43%	+3.79%	+1.64	14 / 33	Q2
4Y	+7.02%	+4.29%	+2.73	13 / 33	Q2
5Y	+6.77%	+3.45%	+3.31	12 / 33	Q2
7Y	+7.95%	+3.97%	+3.97	10 / 33	Q2
10Y	+5.67%	+3.16%	+2.51	13 / 33	Q2
Inception	+3.51%	+3.76%	-0.26	15 / 33	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	-1.40%	-0.38%	-1.02	22 / 33
2025	+1.67%	+1.83%	-0.16	17 / 33
2024	+10.96%	+6.68%	+4.28	4 / 33
2023	+12.05%	+6.65%	+5.40	5 / 33
2022	+4.54%	-0.18%	+4.72	4 / 33
2021	+13.63%	+6.74%	+6.89	1 / 33
2020	+12.59%	+5.49%	+7.10	5 / 33
2019	+3.11%	+2.15%	+0.96	12 / 33
2018	-4.11%	-3.43%	-0.68	20 / 33
2017	+1.92%	+4.29%	-2.37	19 / 33
2016	+5.62%	+4.98%	+0.63	15 / 33

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

+3.98%

236 windows

min -9.7% · max 23.2%

71% positive

3-Year rolling

+4.08%

211 windows

min -2.3% · max 13.6%

83% positive

5-Year rolling

+4.00%

187 windows

min -1.0% · max 13.4%

89% positive

7-Year rolling

+3.78%

163 windows

min -0.1% · max 9.0%

99% 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

4.04%

3-year · annualised

Sharpe ratio

-0.28

vs risk-free 6.5%

Sortino ratio

-0.50

Downside-only deviation

Max drawdown

-6.90%

Jul 2025 → Mar 2026

% positive months

72.2%

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 Conservative Hybrid Fund

Scheme	Fund house	NAV	As of
HDFC MF Monthly Income Plan-Long Term Plan-Growth Option	HDFC	₹84.1902	17 Jul 2026
NIPPON INDIA CONSERVATIVE HYBRID FUND - SEGREGATED PORTFOLIO 2 - MONTHLY IDCW Option	Nippon India	₹0.0000	17 Jul 2026
SBI Magnum Monthly Income Plan - Growth	SBI	₹76.5364	17 Jul 2026
ICICI Prudential Income Multiplier Fund-Dividend option	ICICI Prudential	₹13.8272	17 Jul 2026
FT India Monthly Income Plan-Growth	Franklin Templeton	₹92.5426	17 Jul 2026
Kotak Debt Hybrid - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹12.2563	17 Jul 2026
DSP BlackRock Savings Manager Fund - Aggressive - Growth	DSP BlackRock	₹61.0620	17 Jul 2026
HSBC MIP - Savings - Dividend - Quarterly	HSBC	₹16.9878	17 Jul 2026
Canara Robeco Cigo-Growth Plan	Canara Robeco	₹99.4063	17 Jul 2026
UTI - MIS-ADVANTAGE-FLEXI DIVIDEND	UTI	₹44.9303	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.4921
16 Jul 2026	₹21.5241
15 Jul 2026	₹21.4633
14 Jul 2026	₹21.4249
13 Jul 2026	₹21.4738
10 Jul 2026	₹21.4890
9 Jul 2026	₹21.3950
8 Jul 2026	₹21.3502
7 Jul 2026	₹21.5011
6 Jul 2026	₹21.5351

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 17 Jul 2026, the NAV of SBI Magnum Monthly Income Plan-Dividend-Monthly is ₹21.4921. It's a Conservative Hybrid Fund from SBI, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

SBI Magnum Monthly Income Plan-Dividend-Monthly has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 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 Monthly Income Plan-Dividend-Monthly is managed by SBI. It's classified by AMFI under the 'Conservative Hybrid Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Magnum Monthly Income Plan-Dividend-Monthly has delivered a absolute return of -3.90% — -3.17 pp behind the Conservative Hybrid Fund category average of -0.73%. The fund ranks #25 of 33 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, SBI Magnum Monthly Income Plan-Dividend-Monthly has delivered a CAGR of 5.43% — +1.64 pp ahead of the Conservative Hybrid Fund category average of 3.79%. The fund ranks #14 of 33 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI Magnum Monthly Income Plan-Dividend-Monthly has delivered a CAGR of 6.77% — +3.31 pp ahead of the Conservative Hybrid Fund category average of 3.45%. The fund ranks #12 of 33 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI Magnum Monthly Income Plan-Dividend-Monthly exactly 10 years ago would be worth approximately ₹173,506 today — a multiplier of 1.74×, based on the 10-year CAGR of 5.67%. The category average over the same window would have grown ₹1 lakh to ₹136,479.

A ₹10,000 monthly SIP in SBI Magnum Monthly Income Plan-Dividend-Monthly over the last 5 years — total invested ₹600,000 — would be worth ₹681,945 today. That's an XIRR (money-weighted annualised return) of 5.06%.

A ₹10,000 monthly SIP for 10 years in SBI Magnum Monthly Income Plan-Dividend-Monthly = ₹1,200,000 invested. It would currently be worth ₹1,679,687 (multiplier 1.40×). XIRR: 6.54%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, SBI Magnum Monthly Income Plan-Dividend-Monthly ranks #12 out of 33 funds in the Conservative Hybrid Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 3.45%; this fund delivered 6.77%.

The worst peak-to-trough decline SBI Magnum Monthly Income Plan-Dividend-Monthly has experienced over the last 5-year window is 6.90% — its NAV fell from a high on 17 Jul 2025 to a low on 30 Mar 2026. 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 Monthly Income Plan-Dividend-Monthly averaged 4.00% (best 13.36%, worst -0.97%). 89% of rolling windows ended positive. The 5-year Sharpe ratio is 0.03 — weak risk-adjusted performance.

In calendar year 2025, SBI Magnum Monthly Income Plan-Dividend-Monthly returned 1.67% — lagging the Conservative Hybrid Fund category average of 1.83% by 0.16 pp. It ranked #17 of 33 in its category that year.

SBI Magnum Monthly Income Plan-Dividend-Monthly is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. SBI Magnum Monthly Income Plan-Dividend-Monthly is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.9%. 5-year CAGR: 6.77%.

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