Fund Details
SBI Magnum Global Direct Plan Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.28% |
| NAV | ₹226.40 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,326 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Colgate-Palmolive (India) Ltd. | FMCG | Equity | 8.7% |
| Britannia Industries Ltd. | FMCG | Equity | 7.1% |
| Nestle India Ltd. | FMCG | Equity | 6.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.8% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 4.6% |
| Grindwell Norton Ltd. | Metals | Equity | 3.9% |
| Hindalco Industries Ltd. | Metals | Equity | 3.9% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.9% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.6% |
Fund Managers
SBI Magnum Global Direct Plan Growth Details
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 ₹4,326 Cr and the Latest NAV as of 25 Jan 2021 is ₹226.40.
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.
Investment Objective
The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.
Tax Implications
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.
