Should I invest in SBI Magnum Monthly Income Plan-Floater?

We don't give personal investment advice. SBI Magnum Monthly Income Plan-Floater-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: 8.7%. 5-year CAGR: 13.26%.

SBI

SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly)

Latest NAV

₹29.8409

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	+0.07%	+0.17%	-0.11	8 / 10	Q4
1W	-0.19%	-0.10%	-0.09	5 / 10	Q2
2W	-0.39%	-0.37%	-0.02	7 / 10	Q3
1M	+0.32%	+0.51%	-0.19	5 / 10	Q2
3M	+1.05%	+1.26%	-0.21	3 / 10	Q2
6M	+0.73%	+0.32%	+0.41	5 / 10	Q2
YTD	+1.97%	+1.47%	+0.50	6 / 10	Q3
1Y	+10.93%	+10.25%	+0.68	6 / 10	Q3
2Y	+9.42%	+8.44%	+0.99	5 / 9	Q3
3Y	+15.70%	+15.41%	+0.28	5 / 9	Q3
4Y	+16.05%	+15.80%	+0.25	5 / 9	Q3
5Y	+13.26%	+13.10%	+0.16	5 / 9	Q3
7Y	+13.04%	+15.01%	-1.97	6 / 8	Q3
10Y	+9.37%	+11.33%	-1.96	6 / 8	Q3
Inception	+5.47%	+9.05%	-3.59	9 / 10	Q4

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	+1.97%	+1.47%	+0.50	6 / 10
2025	+18.40%	+15.81%	+2.59	5 / 9
2024	+12.35%	+15.20%	-2.85	6 / 9
2023	+24.28%	+21.04%	+3.24	2 / 9
2022	+5.97%	+5.98%	-0.01	6 / 9
2021	+12.68%	+22.72%	-10.05	5 / 9
2020	+13.17%	+18.85%	-5.68	8 / 8
2019	+5.51%	+7.96%	-2.44	6 / 8
2018	-3.27%	-1.76%	-1.51	6 / 8
2017	+4.49%	+4.89%	-0.40	4 / 8
2016	+2.03%	+6.15%	-4.13	6 / 8

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

+5.88%

236 windows

min -8.0% · max 29.4%

87% positive

3-Year rolling

+5.56%

211 windows

min -2.4% · max 20.0%

99% positive

5-Year rolling

+5.08%

187 windows

min -0.4% · max 17.5%

99% positive

7-Year rolling

+4.70%

163 windows

min 0.7% · max 13.8%

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

7.23%

3-year · annualised

Sharpe ratio

1.16

vs risk-free 6.5%

Sortino ratio

2.60

Downside-only deviation

Max drawdown

-8.69%

Jan 2026 → Mar 2026

% 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.

Peers in Multi Asset Allocation Fund

Scheme	Fund house	NAV	As of
HDFC Multiple Yield Fund - Plan 2005-Dividend	HDFC	₹17.0000	17 Jul 2026
NIPPON INDIA MULTI ASSET ALLOCATION FUND - IDCW Option	Nippon India	₹23.5847	17 Jul 2026
SBI Magnum Monthly Income Plan-Floater-Dividend-(Annual)	SBI	₹37.7370	17 Jul 2026
Franklin India Multi Asset Allocation Fund- IDCW	Franklin India	₹10.9018	17 Jul 2026
Escorts Gilt Plan-DIVIDEND OPTION	Escorts	₹156.0933	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹29.8409
16 Jul 2026	₹29.8210
15 Jul 2026	₹29.8111
14 Jul 2026	₹29.7506
13 Jul 2026	₹29.8928
10 Jul 2026	₹29.8989
9 Jul 2026	₹29.7048
8 Jul 2026	₹29.5026
7 Jul 2026	₹29.8792
6 Jul 2026	₹29.9664

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-Floater-Dividend-(Monthly) is ₹29.8409. It's a Multi Asset Allocation 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-Floater-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-Floater-Dividend-(Monthly) is managed by SBI. It's classified by AMFI under the 'Multi Asset Allocation Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) has delivered a absolute return of 10.93% — +0.68 pp ahead of the Multi Asset Allocation Fund category average of 10.25%. The fund ranks #6 of 10 in its category — the third (Q3) quartile.

Over the trailing 3-year window, SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) has delivered a CAGR of 15.70% — +0.28 pp ahead of the Multi Asset Allocation Fund category average of 15.41%. The fund ranks #5 of 9 in its category — the third (Q3) quartile.

Over the trailing 5-year window, SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) has delivered a CAGR of 13.26% — +0.16 pp ahead of the Multi Asset Allocation Fund category average of 13.10%. The fund ranks #5 of 9 in its category — the third (Q3) quartile.

₹1 lakh invested in SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) exactly 10 years ago would be worth approximately ₹244,831 today — a multiplier of 2.45×, based on the 10-year CAGR of 9.37%. The category average over the same window would have grown ₹1 lakh to ₹292,377.

A ₹10,000 monthly SIP in SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) over the last 5 years — total invested ₹600,000 — would be worth ₹856,739 today. That's an XIRR (money-weighted annualised return) of 14.22%.

A ₹10,000 monthly SIP for 10 years in SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) = ₹1,200,000 invested. It would currently be worth ₹2,253,368 (multiplier 1.88×). XIRR: 12.10%. 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-Floater-Dividend-(Monthly) ranks #5 out of 9 funds in the Multi Asset Allocation Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 13.10%; this fund delivered 13.26%.

The worst peak-to-trough decline SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) has experienced over the last 5-year window is 8.69% — its NAV fell from a high on 29 Jan 2026 to a low on 23 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-Floater-Dividend-(Monthly) averaged 5.08% (best 17.53%, worst -0.36%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.84 — reasonable risk-adjusted performance.

In calendar year 2025, SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) returned 18.40% — beating the Multi Asset Allocation Fund category average of 15.81% by 2.59 pp. It ranked #5 of 9 in its category that year.

SBI Magnum Monthly Income Plan-Floater-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-Floater-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: 8.7%. 5-year CAGR: 13.26%.

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