SBI Magnum Multi Cap Fund Regular Growth - Latest NAV ₹48.6133, Returns, Performance & Portfolio

SBI Magnum Multi Cap Fund Regular Growth

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Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.84 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years9.32%
5 Years7.88%
3 Years1.5%
1 Year-3.24%
6 Months24.41%
Fund Details
RiskModerately High risk
Fund TypeMulti-Cap
Exit Load0.1% for 30 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd7.87%
HCL Technologies Ltd5.74%
ICICI Bank Ltd5.65%
Reliance Industries Ltd5.08%
Tech Mahindra Ltd4.08%
ITC Ltd3.44%
JK Cement Ltd3.21%
Axis Bank Ltd3.2%
Kotak Mahindra Bank Ltd3.18%
Crompton Greaves Consumer Electricals Ltd3.14%

About SBI Magnum Multi-Cap Fund Direct Plan

SBI Magnum Multi-Cap Fund operates as an open-ended growth scheme, which is designed to provide the fund’s investors with the opportunity to pursue long-term growth of their investment, while ensuring sufficient liquidity of the scheme. Equity mutual funds are named as such as they mainly focus on investing in equities or equity-related investment options.

Benefits of SBI Magnum Multi-Cap Fund Direct Plan

SBI Magnum Multi-Cap Fund Direct Plan offers 3 benefits:

  1. The fund is managed to guarantee an assortment of investments that contain both debt and equity instruments.
  2. The fund is supposed to invest an assessed 70 to 100% of its portfolio in the possibly high return equity investments.
  3. In relation to capitalization, large cap shares would include somewhere in between 50 to 90%; mid-cap between 10 to 40%; and small cap would involve 10% or less of the portfolio.

Fund Info and Statistics of SBI Magnum Multi-Cap Fund Direct Plan

i) Inception / Launch date

SBI Magnum Multi-Cap Fund was launched in 2005, month of September.

ii) Risk level

Due to the high exposure of the fund to potentially high risk equity investments, the risk level of the SBI Magnum Multi-Cap Fund is considered to be moderately high.

iii) Redemption

Units can be redeemed only after the expiry of the lock-in period (which is NIL in this case) from the date of allotment of units. It will be done by a repurchase/buyback by the fund house. Under usual conditions, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Anup Upadhyay has been managing the fund since February 2017. He is a B.Tech (Hons) degree and PGDM .Before joining SBI AMC, he gained experience in the field by working with SBI Mutual Fund and Tata Consultancy Services.

v) Entry / Exit load

a. Entry Load: 0.00 b. Exit Load: 1% (Within 6 months of investing) c. 0.5% (Between 6 months and 12 months) d. 0 (After completion of 1 year)

About UTI Mutual Fund

SBI Mutual Fund is a joint venture between the State Bank of India and Amundi, a European asset management company which is a subsidiary jointly created by Crédit Agricole and Société Générale. The corporate headquarter of the SBI Mutual Fund, which is India’s largest bank sponsored mutual fund, is based out of Mumbai. It is also the first bank-sponsored fund that launched an offshore fund, Resurgent India Opportunity Fund.

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.84 Lakhs in a period of 20 years
Moderately 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