Equity
Direct
Equity - Other
NAV as on 02-12-2024
₹ 409.91
▲0.3%
1D
Inception Returns
16.2%
/yr
SBI Magnum Global Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Tanmaya Desai, R. Srinivasan. The fund could potentially beat inflation in the long-run.
SBI Magnum Global Fund Direct Growth has given a CAGR return of 16.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.10%, 9.79% and 16.79% respectively.
SBI Magnum Global Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Health, Industrial, Communication, Tech, Basic Materials, Financial Services. Its top holdings are Alphabet Inc Class A, Divi's Laboratories Ltd, Procter & Gamble Hygiene and Health Care Ltd, Page Industries Ltd, CCL Products (India) Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Global Fund Direct Growth has no lock in period.
Expense ratio | 1.19% |
Benchmark | IISL Nifty MNC TR INR |
AUM | ₹6550 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 25.66% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (02-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Health
SBI Magnum Global Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.82% | 1.82% |
6 Month Returns | 8.15% | 8.15% |
1 Year Returns | 12.1% | 12.1% |
3 Years Returns | 32.35% | 9.79% |
5 Years Returns | 117.27% | 16.79% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Magnum Global Fund Direct Growth | -3.55 | -2.56 | 2.3 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Magnum Global Fund Direct Growth | 0.42 | 0.61 | 0.75 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Magnum Global Fund Direct Growth | 0.52 | 0.36 | 0.83 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Magnum Global Fund Direct Growth | 9.38 | 11.31 | 13.67 |