| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.03% |
| NAV | ₹43.17 (29 Oct 2020) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹255 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.6% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 6.1% |
| Ultratech Cement Ltd. | Construction | Equity | 6.0% |
| Camlin Fine Sciences Ltd. | Chemicals | Equity | 5.4% |
| Tata Steel Ltd. | Metals | Equity | 5.0% |
| Shree Cement Ltd. | Construction | Equity | 4.8% |
| Rossari Biotech Ltd. | Chemicals | Equity | 4.7% |
| CCL Products (India) Ltd. | FMCG | Equity | 4.4% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 4.3% |
| Fine Organic Industries Ltd. | Chemicals | Equity | 4.2% |
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 ₹255 Cr and the Latest NAV as of 29 Oct 2020 is ₹43.17.
The SBI Magnum COMMA Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
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.
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.