|Min SIP Amount||₹500|
|NAV||₹45.58 (23 Jun 2021)|
|Fund Started||01 Jan 1991|
|Fund Size||₹3,748 Cr|
|HDFC Bank Ltd.||Financial||Equity||6.5%|
|ICICI Bank Ltd.||Financial||Equity||4.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.2%|
|Larsen & Toubro Ltd.||Construction||Equity||3.1%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Tata Motors Ltd.||Automobile||Equity||2.9%|
|Page Industries Ltd.||Textiles||Equity||2.9%|
|Ultratech Cement Ltd.||Construction||Equity||2.9%|
|Bharti Airtel Ltd.||Communication||Equity||2.9%|
SBI Magnum Equity ESG Fund IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹3,748 Cr and the Latest NAV as of 23 Jun 2021 is ₹45.58.
The SBI Magnum Equity ESG Fund IDCW 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.