|Min SIP Amount||₹500|
|NAV||₹34.19 (23 Oct 2020)|
|Fund Started||01 Jan 1991|
|Fund Size||₹2,731 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.6%|
|Reliance Industries Ltd.||Energy||Equity||7.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.2%|
|ICICI Bank Ltd.||Financial||Equity||3.5%|
|Bharti Airtel Ltd.||Communication||Equity||3.2%|
|Page Industries Ltd.||Textiles||Equity||3.1%|
|Axis Bank Ltd.||Financial||Equity||2.7%|
|Larsen & Toubro Ltd.||Construction||Equity||2.6%|
SBI Magnum Equity ESG Fund Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 1991. Rama Iyer Srinivasan is the Current Fund Manager of SBI Magnum Equity ESG Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,731 Cr and the Latest NAV as of 23 Oct 2020 is ₹34.19.
The SBI Magnum Equity ESG Fund Dividend is rated 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.