|Min SIP Amount||₹500|
|NAV||₹50.21 (12 Aug 2020)|
|Fund Started||04 Jan 2013|
|Fund Size||₹8,722 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.7%|
|Tata Consultancy Services Ltd.||Technology||Equity||6.6%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|HCL Technologies Ltd.||Technology||Equity||5.1%|
|Bharti Airtel Ltd.||Communication||Equity||3.6%|
|Reliance Industries Ltd.||Energy||Equity||3.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.5%|
|Axis Bank Ltd.||Financial||Equity||3.3%|
|JK Cement Ltd||Construction||Equity||3.3%|
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 ₹8,722 Cr and the Latest NAV as of 12 Aug 2020 is ₹50.21.
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.
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, 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.