|Min SIP Amount||₹500|
|NAV||₹24.12 (26 Nov 2020)|
|Fund Started||29 Sep 2005|
|Fund Size||₹8,957 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.3%|
|ICICI Bank Ltd.||Financial||Equity||6.2%|
|HCL Technologies Ltd.||Technology||Equity||5.9%|
|Reliance Industries Ltd.||Energy||Equity||4.3%|
|Tech Mahindra Ltd.||Technology||Equity||4.2%|
|JK Cement Ltd||Construction||Equity||3.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.8%|
|Axis Bank Ltd.||Financial||Equity||3.5%|
|Crompton Greaves Consumer Electricals Ltd.||Cons Durable||Equity||3.2%|
SBI Magnum MultiCap Fund Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Sep 2005. Anup Upadhyay is the Current Fund Manager of SBI Magnum MultiCap Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹8,957 Cr and the Latest NAV as of 26 Nov 2020 is ₹24.12.
The SBI Magnum MultiCap Fund Dividend 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.
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.
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.