Should I invest in SBI MAGNUM NRI - SHORT TERM BOND PLAN?

We don't give personal investment advice. SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH 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.

SBI

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH

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	+0.01%	-9.99%	+10.00	206 / 1129	Q1
1W	+0.10%	-13.04%	+13.14	257 / 1151	Q1
2W	+0.17%	-13.18%	+13.35	238 / 1149	Q1
1M	+0.34%	-13.26%	+13.60	256 / 1137	Q1
3M	+0.93%	-13.15%	+14.08	291 / 1116	Q2
6M	+1.70%	-15.45%	+17.15	363 / 906	Q2
YTD	+2.37%	-15.77%	+18.14	238 / 952	Q1
1Y	+2.50%	-13.09%	+15.59	370 / 820	Q2
2Y	+1.52%	-12.72%	+14.24	203 / 446	Q2
3Y	+1.47%	-11.01%	+12.48	170 / 385	Q2
4Y	+1.20%	-6.52%	+7.72	162 / 339	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+1.35%	-13.63%	+14.99	389 / 1199	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
2010 YTD	+2.37%	-5.78%	+8.15	137 / 377
2009	+0.63%	-12.86%	+13.49	333 / 713
2008	+1.18%	-2.02%	+3.20	145 / 380
2007	+0.49%	+4.84%	-4.35	119 / 142
2006	—	—	—	—

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

+1.04%

45 windows

min 0.1% · max 2.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.98%

20 windows

min 0.8% · max 1.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

0.34%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.52%

Nov 2010 → Nov 2010

% positive months

94.4%

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.

Recent NAVs

Date	NAV
12 Nov 2010	₹11.2279
11 Nov 2010	₹11.2265
10 Nov 2010	₹11.2251
9 Nov 2010	₹11.0513
8 Nov 2010	₹11.2221
4 Nov 2010	₹11.2171
3 Nov 2010	₹11.2158
2 Nov 2010	₹11.2144
1 Nov 2010	₹11.2131
29 Oct 2010	₹11.2094

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.

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH is a Income from SBI (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH 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 NRI - SHORT TERM BOND PLAN-GROWTH is managed by SBI. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH has delivered a absolute return of 2.50% — +15.59 pp ahead of the Income category average of -13.09%. The fund ranks #370 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH has delivered a CAGR of 1.47% — +12.48 pp ahead of the Income category average of -11.01%. The fund ranks #170 of 385 in its category — the second (Q2) quartile.

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH exactly 3 years ago would be worth approximately ₹104,485 today — a multiplier of 1.04×, based on the 3-year CAGR of 1.47%. The category average over the same window would have grown ₹1 lakh to ₹70,476.

A ₹10,000 monthly SIP in SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH over the last 3 years — total invested ₹360,000 — would be worth ₹370,045 today. That's an XIRR (money-weighted annualised return) of 1.79%.

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹370,045 — XIRR 1.79%.

On a 3-year basis, SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH ranks #170 out of 385 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -11.01%; this fund delivered 1.47%.

The worst peak-to-trough decline SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH has experienced over the last 3-year window is 1.52% — its NAV fell from a high on 08 Nov 2010 to a low on 09 Nov 2010. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH averaged 0.98% (best 1.47%, worst 0.77%). 100% of rolling windows ended positive.

In calendar year 2009, SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH returned 0.63% — beating the Income category average of -12.86% by 13.49 pp. It ranked #333 of 713 in its category that year.

SBI MAGNUM NRI - SHORT TERM BOND PLAN-GROWTH 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 NRI - SHORT TERM BOND PLAN-GROWTH 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.

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