| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.22% |
| NAV | ₹40.54 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,911 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| PI Industries Ltd. | Chemicals | Equity | 8.8% |
| Sheela Foam Ltd. | Textiles | Equity | 7.5% |
| Coromandel International Ltd. | Chemicals | Equity | 5.3% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 5.0% |
| Godrej Properties Ltd. | Construction | Equity | 5.0% |
| Gujarat State Petronet Ltd. | Energy | Equity | 4.9% |
| Alembic Pharmaceuticals Ltd. | Healthcare | Equity | 3.7% |
| The Ramco Cements Ltd. | Construction | Equity | 3.6% |
| Page Industries Ltd. | Textiles | Equity | 3.6% |
| Sanofi India Ltd. | Healthcare | Equity | 3.5% |
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 ₹2,911 Cr and the Latest NAV as of 03 Jul 2020 is ₹40.54.
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
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 and 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.