SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Equity - Other
SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Richard D'souza, Mohit Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl has ₹595 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 2.

Returns

SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 15.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.38%, 15.98% and 23.02% respectively.

Holdings

SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Basic Materials, Energy, Utilities, Consumer Cyclical, Consumer Defensive, Financial Services, Industrial. Its top holdings are Reliance Industries Ltd, Tata Steel Ltd, NTPC Ltd, Oil & Natural Gas Corp Ltd, UltraTech Cement Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl

To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 4K in SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
1.98%
Benchmark
Benchmark
IISL Nifty Commodities TR INR
AUM
AUM
₹595 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/--
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
65%

Fund Distribution
as on (31-May-24)

  • Equity 96%

  • Debt & Cash 4%

Large cap
54.9%

Small cap
26.2%

Mid cap
14.8%

Sector Allocation

May'24

Apr'24

Mar'24

Basic Materials
45.2%
Energy
32.1%
Utilities
7.9%
Consumer Cyclical
5%
Consumer Defensive
4.3%
Financial Services
3.3%
Industrial
2.3%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Richard D'souza
Richard D'souza
Fund Manager of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl, since 1 August 2014
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Comma Fund Direct Growth
15.98%
--
SBI PSU Direct Growth
39.61%
--
Mohit Jain
Mohit Jain
Fund Manager of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl, since 30 November 2017

SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.15% since inception which is less than its category average return of 26.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.97% in Equity, 0% in Debt and 4.03% in Cash related instruments
AUM size ₹595 Cr

AUM size ₹595 Cr

This fund has AUM of ₹595 Cr which is less than its category average of ₹ 1976 Cr
Expense Ratio 1.98%

Expense Ratio 1.98%

This fund has an expense ratio of 1.98% which is more than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl is ₹61.43 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.36%
5.36%
6 Month Returns
20.67%
20.67%
1 Year Returns
47.38%
47.38%
3 Years Returns
56%
15.98%
5 Years Returns
181.78%
23.02%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.98% as on May 2024
₹595 Cr as on May 2024
Reliance Industries Ltd(8.04%), Tata Steel Ltd(7.8%), NTPC Ltd(7.56%), Oil & Natural Gas Corp Ltd(6.22%), UltraTech Cement Ltd(5.66%) as on May 2024
Basic Materials(43.39%), Energy(30.77%), Utilities(7.56%) as on May 2024
The alpha ratio for the SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl
4.3
-2.88
1.97
As on May 2024
The alpha for SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl
0.79
0.8
0.88
As on May 2024
The Beta for SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
2.37
0.62
0.77
As on May 2024
The sharpe ratio for SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
14.3
16.14
21.86
As on May 2024
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 1.01 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Richard D'souza, Mohit Jain are the fund managers of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of SBI Magnum Comma Fund Direct Payout Inc Dist cum Cap Wdrl is 0.5%