|Min SIP Amount||₹500|
|NAV||₹51.28 (26 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹3,696 Cr|
|PI Industries Ltd.||Chemicals||Equity||7.9%|
|Godrej Properties Ltd.||Construction||Equity||5.6%|
|Sheela Foam Ltd.||Textiles||Equity||5.5%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||4.9%|
|Coromandel International Ltd.||Chemicals||Equity||4.7%|
|The Ramco Cements Ltd.||Construction||Equity||3.7%|
|JK Cement Ltd||Construction||Equity||3.6%|
|Gujarat State Petronet Ltd.||Energy||Equity||3.2%|
|Carborundum Universal Ltd.||Metals||Equity||3.1%|
|Page Industries Ltd.||Textiles||Equity||3.0%|
SBI Magnum Mid Cap Direct Plan Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sohini Andani is the Current Fund Manager of SBI Magnum Mid Cap Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,696 Cr and the Latest NAV as of 26 Nov 2020 is ₹51.28.
The SBI Magnum Mid Cap Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The scheme aims to provide investors with opportunities for long term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of Midcap companies.
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.