SBI Magnum Equity ESG Fund Regular Growth - Latest NAV ₹118.1893, Returns, Performance & Portfolio

SBI Magnum Equity ESG Fund Regular Growth

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 7.65 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years10.33%
5 Years9.99%
3 Years7.51%
1 Year4.83%
6 Months39.76%
Fund Details
RiskHigh Risk
Fund TypeEquity - Other
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd9.86%
HDFC Bank Ltd9.21%
Reliance Industries Ltd7.13%
Tata Consultancy Services Ltd6.66%
Hindustan Unilever Ltd4.44%
ICICI Bank Ltd3.79%
Kotak Mahindra Bank Ltd3.6%
Bharti Airtel Ltd3.26%
Larsen & Toubro Ltd2.66%
Axis Bank Ltd2.64%

About SBI Magnum Equity ESG Fund

Being an open-ended equity fund, the scheme seeks to generate long-term growth in capital and provide investors opportunities through an active management of investments in a diversified basket of companies in equity and equity related instruments following Environmental, Social and Governance criteria.

Pros and Cons of SBI Magnum Equity ESG Fund

This scheme is suitable for the investors seeking:

  1. Long term capital growth or appreciation.
  2. The scheme invests in companies following the ESG criteria.
  3. The culture and risk profile of the schemes helps the investor to understand the impact on long-term investment.

Pros and Cons of SBI Magnum Equity ESG Fund

i) Inception / Launch date

The SBI Magnum Equity ESG Fund was launched on 1 January 1991 by SBI Mutual Fund.

ii) Risk level

The scheme carries a high level of risk. The investments on the securities are subject to market risks and therefore there is no such assurance that the objectives of the scheme will be achieved.SBI Magnum Equity ESG Fund does not indicate its future prospects and returns or the quality of the scheme in any manner. The NAV of the scheme’s units may also get affected due the market condition.

iii) Redemption

The scheme is open for the redemption of its units on all business days. As per SEBI, the redemption proceeds within 10 business days from the day of receiving the valid redemption request.

iv) Fund Manager

Mr.Ruchit Mehta has been the fund manager of SBI Magnum Equity ESG Fund since 2018.

v) Entry / Exit load

The entry load is NIL. If redeemed within 1 year from the date of allotment of the units the exit load applicable is 1%.

Tax benefits of investing in SBI PSU Fund

The following taxes are applicable to income arising from investing in this scheme: 1. Short-term capital gains are taxed at 15% 2. Long-term capital gains in excess of Rs. 1 lakh are taxed at 10% without indexation benefits.

About SBI Mutual Fund

SBI Mutual fund is formed by multiple investors who seek to invest on bonds, stock etc.The capital gains are registered with the Securities and Exchange Board of India (SEBI), and professional fund managers operate the funds and invest the fund capitals and attempts to produce capital gains.

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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. 7.65 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