SBI Magnum Midcap Fund - Direct Plan
The SBI Magnum Midcap Fund is an actively managed, open-ended equity fund that invests heavily in the midcap segment of the market. The fund seeks to provide investors with long-term capital appreciation through investments in equity stocks of midcap companies. The fund was launched on March 29th, 2005. As this fund has a large exposure to equity stocks it is prone to market volatility. Investors in this fund should expect regular fluctuations and should have investment horizons of at least 5 years to see reasonable returns.
Fund Info
| Scheme Class | Equity |
| Scheme Category | Mid-Cap |
| Benchmark Type | S&P BSE Midcap TR INR |
| Expense Ratio | 1.22% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 3,533 |
| AMC AUM (in Crs.) | ₹ 2,83,807 |
| Min Addition Subscription | ₹ 1,000 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 1000 | 1000 | 8.93% | |
| 1000 | 1000 | 11.0% | |
| 1000 | 1000 | 8.93% |
Portfolio Info
The SBI Magnum Midcap Fund invests the majority of its corpus in equity stocks of mid-cap companies with an asset allocation of approximately 75% in this segment. The fund invests marginally in cash and cash equivalents to provide the fund a level of liquidity. Presently, the fund invests heavily in the Finance, Healthcare, Engineering and Construction sectors of the Indian economy.
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| PI Industries Ltd | Equity | 8 |
| Cholamandalam Investment and Finance Co Ltd | Equity | 6 |
| Sheela Foam Ltd | Equity | 6 |
| Godrej Properties Ltd | Equity | 5 |
| Ramco Cements Ltd | Equity | 5 |
| Gujarat State Petronet Ltd | Equity | 4 |
| Carborundum Universal Ltd | Equity | 4 |
| Hexaware Technologies Ltd | Equity | 4 |
| Torrent Pharmaceuticals Ltd | Equity | 3 |
| Thermax Ltd | Equity | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 97 |
| Cash - Repurchase Agreement | 3 |
| Cash | 1 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Basic Materials | 20 |
| Financial Services | 20 |
| Industrials | 16 |
| Consumer Cyclical | 11 |
| Healthcare | 11 |
Objective
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.
SuitabilityThe SBI Magnum Midcap Fund is suitable for investors that are seeking long-term capital appreciation with investments horizons or more than 5 years. Investors in this fund should have a high appetite for risk as this is a midcap fund.
SBI Mutual Fund
AUM₹2,83,807 Cr
About
With a robust and wealthy history of the State Bank of India cluster, SBI Funds Management Pvt. Ltd. has been serving to millions of investors through their years of experience. With a wide network of over 222 service points across India, SBI has been delivering to value and create trust amongst investors. They have systematically delivered the optimum worth to its investors over the years. SBI Funds Management company has joined the key players within the Indian investment trust business with an array of funds in multiple sectors like money establishments, native and international quality management corporations, pension funds, etc. SBI MF has conjointly unified end-to-end made-to-order quality management product for establishments, discretionary and non-discretionary portfolio management services.##SBI Funds Management has been effectively managing and guiding Indias dedicated offshore funds since 1988. SBI Funds Management is famed because it was the 1st bank to come up with ‘SBI Resurgent Asian nation Opportunities Fund. The target for these funds was to supply investors with never-before opportunities in semi-permanent growth in capital in a very kind of stocks of Indian corporations.
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m