SBI Magnum Midcap Fund Direct Growth - Regular - Latest NAV [ ₹135.2285 ], Returns, Performance, Portfolio & Returns 2021

SBI Magnum Midcap Fund Direct Growth

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 13.71 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14.29%
3 Years21.26%
1 Year79.79%
6 Months31.03%
Fund Details
RiskVery High Risk
Fund TypeMid-Cap
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Sheela Foam Ltd5.83%
Reverse Repo4.22%
Page Industries Ltd4.22%
Godrej Properties Ltd4%
Carborundum Universal Ltd3.83%
Gujarat State Petronet Ltd Shs Dematerialised3.68%
JK Cement Ltd3.64%
Coromandel International Ltd3.22%
Cholamandalam Investment and Finance Co Ltd3.21%
Ramco Cements Ltd3.17%

About SBI Magnum MidCap Fund

SBI Magnum MidCap Fund is an open-ended fund equity scheme that invests in midcap stocks to provide long-term capital appreciation. The fund chooses to invest in equity stocks of midcap companies. A minority share of the assets are allocated to other equity and equity-related instruments (including that of large and small-cap companies), debt, and money market instruments.

Pros and Cons of SBI Magnum MidCap Fund

The fund blends growth and value-style of investing and follows bottom-up strategy for stock selection across sectors. However, the historical data reveals that the returns have not been up to the category average returns.

Fund Information and Statistics

i) Inception/Launch Date SBI Magnum MidCap Fund was kicked off on 29 March 2005.

ii) Risk Level SBI Magnum MidCap Fund comes with a moderately high risk since the fund allocates predominantly (a minimum of 65%) in equity stocks of midcap companies.

iii) Redemption Lock-in period is not applicable to SBI Magnum MidCap Fund. Therefore, you will have to bear only the exit load and capital gains tax, if any, when you redeem the units.

iv) Fund Manager Ms Sohini Andani is the current Fund Manager for SBI Magnum MidCap Fund.

v) Entry/Exit Load Entry load is no more applicable to mutual funds. However, an exit load of 1% will be applied if the units are redeemed or switched out within a year from the date of allotment. Redeeming after completing a year will not attract any exit load.

About SBI Funds Management Private Limited

SBI Funds Management Private Limited is registered with SEBI since 23 December 1993. State Bank of India (SBI) is the sponsor for the fund house. The trustee company for the fund house is SBI Mutual Fund Trustee Company Private Limited. The asset management company manages assets worth Rs.2.83 lakh crore as of March 2019.

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 13.71 Lakhs in a period of 20 years
Very 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