|Min SIP Amount||₹500|
|NAV||₹142.26 (13 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹3,518 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.3%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.2%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
|Ultratech Cement Ltd.||Construction||Equity||3.1%|
|Page Industries Ltd.||Textiles||Equity||3.0%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||2.9%|
SBI Magnum Equity ESG Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rama Iyer Srinivasan is the Current Fund Manager of SBI Magnum Equity ESG Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,518 Cr and the Latest NAV as of 13 Apr 2021 is ₹142.26.
The SBI Magnum Equity ESG Fund Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 1 year
The scheme seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental, Social and Governance (ESG) criteria.
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.