Should I invest in SBI Magnum Monthly Income Plan?

We don't give personal investment advice. SBI Magnum Monthly Income Plan-Dividend-Quaterly 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: 3.8%. 5-year CAGR: 8.63%.

SBI

SBI Magnum Monthly Income Plan-Dividend-Quaterly

Latest NAV

₹21.6399

As of

3 Jun 2026

4,890 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%	+13.59%	-13.62	29 / 35	Q4
1W	-0.57%	+7.13%	-7.70	30 / 37	Q4
2W	+0.04%	+7.53%	-7.49	22 / 37	Q3
1M	+0.25%	+3.17%	-2.92	3 / 37	Q1
3M	+0.95%	+8.34%	-7.39	4 / 35	Q1
6M	+0.77%	-2.49%	+3.26	3 / 33	Q1
YTD	+0.92%	-7.68%	+8.60	2 / 35	Q1
1Y	+4.07%	-2.25%	+6.32	4 / 33	Q1
2Y	+6.14%	+1.30%	+4.85	4 / 33	Q1
3Y	+8.72%	+3.60%	+5.12	2 / 33	Q1
4Y	+9.18%	+3.95%	+5.23	3 / 33	Q1
5Y	+8.63%	+3.29%	+5.34	2 / 33	Q1
7Y	+8.62%	+3.60%	+5.02	3 / 33	Q1
10Y	+6.12%	+3.19%	+2.93	11 / 33	Q2
Inception	+3.65%	+13.32%	-9.67	16 / 35	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	+0.92%	-2.08%	+3.00	2 / 33
2025	+6.63%	+1.83%	+4.80	4 / 33
2024	+10.96%	+6.68%	+4.28	5 / 33
2023	+12.05%	+6.65%	+5.40	3 / 33
2022	+4.53%	-0.18%	+4.71	7 / 33
2021	+13.63%	+0.64%	+12.99	2 / 35
2020	+13.47%	+5.49%	+7.97	3 / 33
2019	+1.33%	+2.15%	-0.82	18 / 33
2018	-5.16%	-3.43%	-1.73	21 / 33
2017	+0.05%	+4.29%	-4.24	27 / 33
2016	+5.11%	+4.98%	+0.12	17 / 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

+3.92%

234 windows

min -11.5% · max 24.5%

73% positive

3-Year rolling

+3.83%

210 windows

min -4.0% · max 14.0%

77% positive

5-Year rolling

+3.72%

185 windows

min -1.4% · max 12.5%

91% positive

7-Year rolling

+3.39%

161 windows

min -0.1% · max 9.1%

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

3.83%

3-year · annualised

Sharpe ratio

0.51

vs risk-free 6.5%

Sortino ratio

1.06

Downside-only deviation

Max drawdown

-3.19%

Oct 2024 → Mar 2025

% positive months

77.8%

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	₹81.9654	3 Jun 2026
NIPPON INDIA CONSERVATIVE HYBRID FUND - SEGREGATED PORTFOLIO 2 - MONTHLY IDCW Option	Nippon India	₹0.0000	3 Jun 2026
SBI Magnum Monthly Income Plan - Growth	SBI	₹75.0311	3 Jun 2026
ICICI Prudential Income Multiplier Fund-Dividend option	ICICI Prudential	₹13.7052	3 Jun 2026
FT India Monthly Income Plan-Growth	Franklin Templeton	₹90.6648	3 Jun 2026
Kotak Debt Hybrid - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹12.0806	3 Jun 2026
DSP BlackRock Savings Manager Fund - Aggressive - Growth	DSP BlackRock	₹59.7959	3 Jun 2026
HSBC MIP - Savings - Dividend - Quarterly	HSBC	₹16.9386	3 Jun 2026
Canara Robeco Cigo-Growth Plan	Canara Robeco	₹96.3840	3 Jun 2026
UTI - MIS-ADVANTAGE-FLEXI DIVIDEND	UTI	₹43.6903	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹21.6399
2 Jun 2026	₹21.6610
1 Jun 2026	₹21.6658
31 May 2026	₹21.7198
29 May 2026	₹21.7146
27 May 2026	₹21.7808
26 May 2026	₹21.7850
25 May 2026	₹21.7654
22 May 2026	₹21.6776
21 May 2026	₹21.6539

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 Monthly Income Plan-Dividend-Quaterly is ₹21.6399. 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-Quaterly 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 Monthly Income Plan-Dividend-Quaterly 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-Quaterly has delivered a absolute return of 4.07% — +6.32 pp ahead of the Conservative Hybrid Fund category average of -2.25%. The fund ranks #4 of 33 in its category — the top (Q1) quartile.

Over the trailing 3-year window, SBI Magnum Monthly Income Plan-Dividend-Quaterly has delivered a CAGR of 8.72% — +5.12 pp ahead of the Conservative Hybrid Fund category average of 3.60%. The fund ranks #2 of 33 in its category — the top (Q1) quartile.

Over the trailing 5-year window, SBI Magnum Monthly Income Plan-Dividend-Quaterly has delivered a CAGR of 8.63% — +5.34 pp ahead of the Conservative Hybrid Fund category average of 3.29%. The fund ranks #2 of 33 in its category — the top (Q1) quartile.

₹1 lakh invested in SBI Magnum Monthly Income Plan-Dividend-Quaterly exactly 10 years ago would be worth approximately ₹181,085 today — a multiplier of 1.81×, based on the 10-year CAGR of 6.12%. The category average over the same window would have grown ₹1 lakh to ₹136,926.

A ₹10,000 monthly SIP in SBI Magnum Monthly Income Plan-Dividend-Quaterly over the last 5 years — total invested ₹600,000 — would be worth ₹734,477 today. That's an XIRR (money-weighted annualised return) of 8.02%.

A ₹10,000 monthly SIP for 10 years in SBI Magnum Monthly Income Plan-Dividend-Quaterly = ₹1,200,000 invested. It would currently be worth ₹1,792,095 (multiplier 1.49×). XIRR: 7.78%. 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-Quaterly ranks #2 out of 33 funds in the Conservative Hybrid Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.29%; this fund delivered 8.63%.

The worst peak-to-trough decline SBI Magnum Monthly Income Plan-Dividend-Quaterly has experienced over the last 5-year window is 3.79% — its NAV fell from a high on 17 Jan 2022 to a low on 20 Jun 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 Monthly Income Plan-Dividend-Quaterly averaged 3.72% (best 12.52%, worst -1.41%). 91% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, SBI Magnum Monthly Income Plan-Dividend-Quaterly returned 6.63% — beating the Conservative Hybrid Fund category average of 1.83% by 4.80 pp. It ranked #4 of 33 in its category that year.

SBI Magnum Monthly Income Plan-Dividend-Quaterly 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-Quaterly 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: 3.8%. 5-year CAGR: 8.63%.

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