Fund Details
SBI Magnum MultiCap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.94% |
| NAV | ₹64.18 (22 Jan 2021) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹10,518 Cr |
Fund Overview
Returns
Comparison
1. Lower expense ratio - 0.96%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| ICICI Bank Ltd. | Financial | Equity | 8.2% |
| HCL Technologies Ltd. | Technology | Equity | 5.6% |
| ITC Ltd. | FMCG | Equity | 4.3% |
| Axis Bank Ltd. | Financial | Equity | 3.7% |
| Tech Mahindra Ltd. | Technology | Equity | 3.7% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 3.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.4% |
| Hindalco Industries Ltd. | Metals | Equity | 2.9% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
Fund Managers
SBI Magnum MultiCap Fund Direct Growth Details
SBI Magnum MultiCap Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Anup Upadhyay is the Current Fund Manager of SBI Magnum MultiCap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,518 Cr and the Latest NAV as of 22 Jan 2021 is ₹64.18.
The SBI Magnum MultiCap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 0.10% if redeemed within 30 days.
Investment Objective
The scheme would invest in equities and equity related instruments of companies spanning the entire market capitalization spectrum. The fund will invest 50-90 per cent in large-cap stocks, 10-40 per cent in mid-cap stocks and upto 10 per cent in small-cap stocks.
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.
