SBI Magnum Global Fund Regular Growth - Latest NAV ₹186.1958, Returns, Performance & Portfolio

SBI Magnum Global Fund Regular Growth

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.87 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years12.01%
5 Years6.4%
3 Years4.97%
1 Year4.83%
6 Months15.47%
Fund Details
RiskHigh Risk
Fund TypeEquity - Other
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Britannia Industries Ltd8.34%
Colgate-Palmolive (India) Ltd8.01%
Nestle India Ltd5.9%
Maruti Suzuki India Ltd4.62%
Dr Reddy's Laboratories Ltd4.2%
Divi's Laboratories Ltd4%
PI Industries Ltd3.67%
Sanofi India Ltd3.5%
Procter & Gamble Hygiene and Health Care Ltd3.37%
Grindwell Norton Ltd3.27%

About SBI Magnum Global Fund

SBI Magnum Global Fund is an open-ended fund aimed at long-term capital appreciation by investing in MNC companies. The fund house will follow a bottom-up approach for selecting stocks across sectors and market capitalisation. Any company with major shareholding by a foreign entity, Indian companies with 50% turnover from regions outside India, and foreign listed companies might be selected.

Pros & Cons of SBI Magnum Global Fund

SBI Magnum Global Fund offers the following benefits: 1. The fund is aimed at investors who wish to invest in MNC companies and appreciate their capital over long-term. 2. The scheme allows investors to invest in foreign listed companies and companies that have turnover outside India. 3. The 2-year and 5-year average returns are better than the average category returns.

Fund Information and Statistics of SBI Magnum Global Fund

i) Inception / Launch date

The SBI Magnum Global Fund was launched on September 30, 1994, by SBI Mutual Funds.

ii) Risk level

Investment in SBI Magnum Global Fund is a high-risk bet suitable for long-term capital appreciation. Investors with risk appetite for investing in multinational companies should only invest in this fund.

iii) Redemption

Redemption of Units will be done at applicable NAV prices on every business day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.

iv) Fund Manager

SBI Magnum Global Fund is managed by Mr Anup Upadhyay since May 2018. He is an IIT & IIM pass out and comes with 11 years of experience.

v) Entry / Exit load

The fund house does not charge any entry load or exit load if redeemed one year after the date of allotment. However, 1% exit load is charged if redeemed before one year from the date of allotment.

Tax benefits of investing in SBI Magnum Global Fund

The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gains , in excess of Rs 1 lakh, are taxed at 10% without indexation if redeemed after one year. 10% tax will be deducted at source for dividends.

About SBI Mutual Funds

SBI Mutual Funds is a joint venture between SBI and Amundi which is one of the world’s leading fund management company based in France. SBI Mutual Funds strives to become the largest fund house across asset classes with consistent returns and good customer service. It believes in optimal risk management and safeguarding investors’ interests.

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Frequently Asked Questions

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.87 Lakhs in a period of 20 years
High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns