Fund Details
SBI Magnum Mid Cap Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.03% |
| NAV | ₹97.29 (20 Jan 2021) |
|---|---|
| Fund Started | 29 Mar 2005 |
| Fund Size | ₹4,253 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. 1Y Returns are higher than the benchmark
4. Age is more than 10 years
5. Lower expense ratio - 1.98%
6. 1Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
4. 10Y Returns are lower than the benchmark
5. Risk-adjusted returns are lower compared to the category
6. 3Y Returns are lower than the category average returns
7. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 6.3% |
| Sheela Foam Ltd. | Textiles | Equity | 5.8% |
| Godrej Properties Ltd. | Construction | Equity | 5.7% |
| Coromandel International Ltd. | Chemicals | Equity | 4.0% |
| PI Industries Ltd. | Chemicals | Equity | 3.9% |
| The Ramco Cements Ltd. | Construction | Equity | 3.8% |
| Page Industries Ltd. | Textiles | Equity | 3.6% |
| JK Cement Ltd | Construction | Equity | 3.6% |
| Carborundum Universal Ltd. | Metals | Equity | 3.4% |
| Gujarat State Petronet Ltd. | Energy | Equity | 3.3% |
Fund Managers
SBI Magnum Mid Cap Fund Growth Details
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 ₹4,253 Cr and the Latest NAV as of 20 Jan 2021 is ₹97.29.
The SBI Magnum Mid Cap Fund Growth 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
Investment Objective
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.
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.
