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: 13.34%.

SBI

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

Latest NAV

₹29.6052

As of

2 Jun 2026

4,889 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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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	+0.08%	+0.08%	0.00	4 / 10	Q2
1W	-0.73%	-1.02%	+0.29	1 / 10	Q1
2W	-0.22%	-0.12%	-0.09	6 / 10	Q3
1M	+0.13%	+0.17%	-0.04	3 / 10	Q2
3M	-1.49%	-1.16%	-0.34	6 / 10	Q3
6M	+3.09%	+2.07%	+1.02	5 / 10	Q2
YTD	+1.16%	+0.19%	+0.97	6 / 10	Q3
1Y	+13.85%	+12.05%	+1.80	4 / 9	Q2
2Y	+11.53%	+9.69%	+1.84	2 / 9	Q1
3Y	+16.91%	+16.70%	+0.21	5 / 9	Q3
4Y	+16.08%	+15.42%	+0.66	5 / 9	Q3
5Y	+13.34%	+13.40%	-0.06	5 / 9	Q3
7Y	+13.09%	+14.83%	-1.74	5 / 8	Q3
10Y	+9.40%	+11.35%	-1.94	6 / 8	Q3
Inception	+5.46%	+8.94%	-3.48	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	+1.16%	+0.19%	+0.97	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

+5.74%

234 windows

min -7.4% · max 29.9%

85% positive

3-Year rolling

+5.38%

210 windows

min -2.5% · max 19.1%

98% positive

5-Year rolling

+4.98%

185 windows

min -0.4% · max 15.3%

99% positive

7-Year rolling

+4.60%

161 windows

min 0.8% · max 13.5%

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

7.81%

3-year · annualised

Sharpe ratio

1.22

vs risk-free 6.5%

Sortino ratio

2.24

Downside-only deviation

Max drawdown

-8.69%

Jan 2026 → Mar 2026

% 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 Multi Asset Allocation Fund

Scheme	Fund house	NAV	As of
HDFC Multiple Yield Fund - Plan 2005-Dividend	HDFC	₹16.7090	2 Jun 2026
NIPPON INDIA MULTI ASSET ALLOCATION FUND - IDCW Option	Nippon India	₹23.6898	2 Jun 2026
SBI Magnum Monthly Income Plan-Floater-Dividend-(Annual)	SBI	₹37.4389	2 Jun 2026
Franklin India Multi Asset Allocation Fund- IDCW	Franklin India	₹10.7605	3 Jun 2026
Escorts Gilt Plan-DIVIDEND OPTION	Escorts	₹152.2135	3 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹29.6052
1 Jun 2026	₹29.5810
31 May 2026	₹29.6776
29 May 2026	₹29.6749
27 May 2026	₹29.8307
26 May 2026	₹29.8221
25 May 2026	₹29.8633
22 May 2026	₹29.6564
21 May 2026	₹29.6457
20 May 2026	₹29.6630

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 02 Jun 2026, the NAV of SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) is ₹29.6052. 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 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-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 13.85% — +1.8 pp ahead of the Multi Asset Allocation Fund category average of 12.05%. The fund ranks #4 of 9 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) has delivered a CAGR of 16.91% — +0.21 pp ahead of the Multi Asset Allocation Fund category average of 16.70%. 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 13.34% — -0.06 pp behind the Multi Asset Allocation Fund category average of 13.40%. 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 ₹245,674 today — a multiplier of 2.46×, based on the 10-year CAGR of 9.40%. The category average over the same window would have grown ₹1 lakh to ₹292,955.

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 ₹863,867 today. That's an XIRR (money-weighted annualised return) of 14.55%.

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 ₹2,259,102 (multiplier 1.88×). XIRR: 12.15%. 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 13.40%; this fund delivered 13.34%.

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 4.98% (best 15.29%, worst -0.36%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.88 — 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: 13.34%.

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