Fund Details
SBI Magnum Mid Cap Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.05% |
| NAV | ₹117.37 (21 Jun 2021) |
|---|---|
| Fund Started | 29 Mar 2005 |
| Fund Size | ₹5,247 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. 5Y Returns are lower than the category average returns
2. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| Thermax Ltd. | Engineering | Equity | 3.1% |
| Coromandel International Ltd. | Chemicals | Equity | 3.0% |
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 ₹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
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.
