Fund Details
SBI Magnum COMMA Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.01% |
| NAV | ₹58.87 (19 Apr 2021) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹320 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.01%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Steel Ltd. | Metals | Equity | 8.9% |
| Ultratech Cement Ltd. | Construction | Equity | 8.0% |
| Hindalco Industries Ltd. | Metals | Equity | 6.2% |
| Camlin Fine Sciences Ltd. | Chemicals | Equity | 5.3% |
| Rossari Biotech Ltd. | Chemicals | Equity | 4.9% |
| Grasim Industries Ltd. | Construction | Equity | 4.5% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 4.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.1% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.0% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 4.0% |
Fund Managers
SBI Magnum COMMA Fund Direct Growth Details
SBI Magnum COMMA Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Richard Dsouza is the Current Fund Manager of SBI Magnum COMMA Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹320 Cr and the Latest NAV as of 19 Apr 2021 is ₹58.87.
The SBI Magnum COMMA Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
Investment Objective
The scheme seeks to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
