Fund Details
SBI Magnum COMMA Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.62% |
| NAV | ₹57.36 (09 Apr 2021) |
|---|---|
| Fund Started | 08 Aug 2005 |
| Fund Size | ₹320 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y 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 - 2.61%
3. 3Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Steel Ltd. | Metals | Equity | 8.2% |
| Ultratech Cement Ltd. | Construction | Equity | 7.6% |
| Hindalco Industries Ltd. | Metals | Equity | 6.8% |
| Camlin Fine Sciences Ltd. | Chemicals | Equity | 5.3% |
| Rossari Biotech Ltd. | Chemicals | Equity | 5.0% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.4% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 4.3% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.2% |
| Grasim Industries Ltd. | Construction | Equity | 3.9% |
Fund Managers
SBI Magnum COMMA Fund Growth Details
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 ₹320 Cr and the Latest NAV as of 09 Apr 2021 is ₹57.36.
The SBI Magnum COMMA Fund 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.
