|Min SIP Amount||₹500|
|NAV||₹30.83 (03 Jul 2020)|
|Fund Started||01 Jan 1991|
|Fund Size||₹2,291 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.0%|
|Reliance Industries Ltd.||Energy||Equity||8.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.0%|
|Bharti Airtel Ltd.||Communication||Equity||4.6%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Axis Bank Ltd.||Financial||Equity||3.4%|
|Page Industries Ltd.||Textiles||Equity||3.3%|
|Larsen & Toubro Ltd.||Construction||Equity||3.3%|
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 ₹2,291 Cr and the Latest NAV as of 03 Jul 2020 is ₹30.83.
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
To provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.
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.