|Min SIP Amount||₹500|
|NAV||₹117.37 (21 Jun 2021)|
|Fund Started||29 Mar 2005|
|Fund Size||₹5,247 Cr|
|Sheela Foam Ltd.||Textiles||Equity||5.9%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||5.5%|
|Godrej Properties Ltd.||Construction||Equity||4.7%|
|Carborundum Universal Ltd.||Metals||Equity||4.6%|
|Page Industries Ltd.||Textiles||Equity||4.4%|
|JK Cement Ltd||Construction||Equity||3.9%|
|Gujarat State Petronet Ltd.||Energy||Equity||3.2%|
|The Ramco Cements Ltd.||Construction||Equity||3.2%|
|Coromandel International Ltd.||Chemicals||Equity||3.0%|
SBI Magnum Mid Cap Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Mar 2005. Sohini Andani is the Current Fund Manager of SBI Magnum Mid Cap Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,247 Cr and the Latest NAV as of 21 Jun 2021 is ₹117.37.
The SBI Magnum Mid Cap Fund Growth is rated Very 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.