Archive · 22 Dec 2025
SBI Mutual Fund Renames Schemes
SBI Mutual Fund has changed the names of some of its investment schemes.
They removed the word 'Magnum' from the names of several debt and children-focused schemes.
For example, 'SBI Magnum Medium Duration Fund' is now called 'SBI Medium Duration Fund'.
The changes are only in the names and do not affect how the schemes work or what they invest in.
Existing investors do not need to do anything.
The goal is to make the names clearer and more consistent so investors can better understand the products.
SBI Mutual Fund has renamed several of its schemes, removing the word 'Magnum' from the names.
The changes are limited to the scheme names and do not affect investment objectives, strategies, or risk profiles.
Examples of renamed schemes include SBI Magnum Medium Duration Fund to SBI Medium Duration Fund and SBI Magnum Children’s Benefit Fund to SBI Children’s Fund.
The renaming aims to bring greater clarity and consistency to scheme nomenclature.
Existing investors are not required to take any action following the change.
- Who
- SBI Mutual Fund
- What
- Renaming of select schemes
- When
- Not specified
- Where
- India
- Why
- To bring greater clarity and consistency to scheme nomenclature
- Fund House
- SBI Mutual Fund
- Change Type
- Scheme names
- Affected Attributes
- None (investment features unchanged)
- Removed Word
- Magnum
- Example Changes
- SBI Magnum Medium Duration Fund → SBI Medium Duration Fund
- Purpose of Renaming
- Greater clarity and consistency
- Investor Action Required
- None