SBI Magnum Comma Fund Direct Growth
Compare
Equity
Direct
Equity - Other
NAV: ₹ 69.4 as on 27-01-2023
Fund Performance
1384 people have invested ₹ 30.3L in mutual fund in the last three months
Fund Insights
In the last 1 year, Quant Quantamental Fund Direct Growth has given 25.76% return, outperforming this fund by 33.08%
In the last 3 years, ICICI Prudential Commodities Fund Direct Growth has given 39.05% return, outperforming this fund by 19.04%
In the last 5 years, Tata Resources & Energy Fund Direct Growth has given 13.62% return, outperforming this fund by 3.84%
INDmoney Rank
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Fund Performance as on (19-Jan-23)
About the Fund
SBI Magnum Comma Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Richard D'souza. The fund could potentially beat inflation in the long-run.
Key parameters
1) SBI Magnum Comma Fund Direct Growth has a NAV of ₹69.3591 as on 27-01-2023.
2) SBI Magnum Comma Fund Direct Growth has ₹469 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.
3) The fund has an expense ratio 2.02 %.
Fund Overview
Expense ratio | 2.02% |
Benchmark | IISL Nifty Commodities TR INR |
AUM | ₹469 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 44.02% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
44.1%
Small cap
39.4%
Mid cap
13.2%
Sector Allocation
Basic Materials
66.9%
Energy
13.5%
Utilities
5.2%
Consumer Defensive
5.2%
Consumer Cyclical
5%
Industrial
4.2%
Top Holdings as on (31-Dec-22)
Equity Holdings22
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
Ambuja Cements Ltd | 8.82% | 0% | |
Hindalco Industries Ltd | 7.86% | 19.4% | |
Reliance Industries Ltd | 6.14% | -33% | |
ACC Ltd | 5.48% | 0% | |
UltraTech Cement Ltd | 5.31% | 0% |
See all
What changed
in last one month
AUM has remained same in the last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 469.1 Cr
Nov'22
₹ 469.1 Cr
Oct'22
₹ 465.6 Cr
Fund Returns vs Benchmark
Dec'22
2.20%
5.37%
Nov'22
1.75%
2.63%
Oct'22
2.20%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Oil & Natural Gas Corpn Ltd | 4.8% |
Paradeep Phosphates Ltd | 4.3% |
Hindalco Industries Ltd | 2.1% |
Top Losers | 1M Return |
|---|---|
India Cements Ltd | -11.6% |
Ambuja Cements Ltd | -9.8% |
Reliance Industries Ltd | -6.5% |
Peer Analysis
Fund Manager
Mohit Jain
Fund Manager of SBI Magnum Comma Fund Direct Growth, since 30 November 2017
Top funds managed
Richard D'souza
Fund Manager of SBI Magnum Comma Fund Direct Growth, since 1 August 2014
Top funds managed
AMC details
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹4.53L Cr
as on 31-Dec-2022
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Email
partnerforlife@sbimf.com
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.33% since inception which is more than its category average return of 10.53%
Fund Allocations
This fund has an allocation of 96.7% in Equity, 0% in Debt and 3.3% in Cash related instruments
AUM size ₹469 Cr
This fund has AUM of ₹469 Cr which is less than its category average of ₹ 1214 Cr
Expense Ratio 2.02%
This fund has an expense ratio of 2.02% which is more than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of SBI Magnum Comma Fund Direct Growth is 71.12 as on 25-Jan-2023.
Existing (Absolute + CAGR)
SBI Magnum Comma Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.61% | 4.61% |
6 Month Returns | 6.54% | 6.54% |
1 Year Returns | -7.32% | -7.32% |
3 Years Returns | 72.87% | 20.02% |
5 Years Returns | 59.5% | 9.79% |
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2.02 as on December 2022
469 Cr as on December 2022
Ambuja Cements Ltd(8.82%),Hindalco Industries Ltd(7.86%),Reliance Industries Ltd(6.14%),ACC Ltd(5.48%),UltraTech Cement Ltd(5.31%) as on December 2022
Basic Materials(64.71%),Energy(13.03%),Utilities(5.05%) as on December 2022
The alpha ratio for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Magnum Comma Fund Direct Growth | -13.96 | 0.66 | 0.95 |
As on December 2022
The alpha for SBI Magnum Comma Fund Direct Growth is calculated against IISL Nifty Commodities TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Magnum Comma Fund Direct Growth | 0.74 | 0.91 | 0.9 |
As on December 2022
The Beta for SBI Magnum Comma Fund Direct Growth is calculated with IISL Nifty Commodities TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Magnum Comma Fund Direct Growth | -0.52 | 0.73 | 0.34 |
As on December 2022
The sharpe ratio for SBI Magnum Comma Fund Direct Growth is calculated with IISL Nifty Commodities TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Magnum Comma Fund Direct Growth | 18.34 | 25.35 | 22.32 |
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.15 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain,Richard D'souza are the fund managers of SBI Magnum Comma Fund Direct Growth
The Exit load of SBI Magnum Comma Fund Direct Growth is 0.5%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.