| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.58% |
| NAV | ₹40.42 (06 Aug 2020) |
|---|---|
| Fund Started | 08 Aug 2005 |
| Fund Size | ₹221 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 7.5% |
| Ultratech Cement Ltd. | Construction | Equity | 6.7% |
| Shree Cement Ltd. | Construction | Equity | 6.3% |
| UPL Ltd. | Chemicals | Equity | 5.3% |
| Tata Steel Ltd. | Metals | Equity | 5.2% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 4.6% |
| CCL Products (India) Ltd. | FMCG | Equity | 4.5% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 4.0% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 4.0% |
SBI Magnum COMMA Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 08 Aug 2005. Richard Dsouza is the Current Fund Manager of SBI Magnum COMMA Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹221 Cr and the Latest NAV as of 06 Aug 2020 is ₹40.42.
The SBI Magnum COMMA Fund 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 investment objective of the scheme will be to provide attractive returns to the Magnum holders / Unit holders by means of capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio, will be reinvested. The following table shows percentage portfolio allocation.
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.