| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.31% |
| NAV | ₹195.33 (14 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,783 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Colgate-Palmolive (India) Ltd. | FMCG | Equity | 8.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.3% |
| Nestle India Ltd. | FMCG | Equity | 6.4% |
| Britannia Industries Ltd. | FMCG | Equity | 6.1% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 4.6% |
| Procter & Gamble Hygiene & Health Care Ltd. | FMCG | Equity | 3.6% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.6% |
| PI Industries Ltd. | Chemicals | Equity | 3.4% |
| ABB Ltd. | Engineering | Equity | 3.3% |
| Sanofi India Ltd. | Healthcare | Equity | 3.3% |
SBI Magnum Global 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 Global Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,783 Cr and the Latest NAV as of 14 Aug 2020 is ₹195.33.
The SBI Magnum Global Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
The Objective of the Scheme is to provide investors with maximum growth opportunity.
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.