SBI Magnum Global Fund Direct Growth

SBI Magnum Global Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 02-12-2024

₹ 409.91

0.3%

1D

Inception Returns

16.2%

/yr

About SBI Magnum Global Fund Direct Growth

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.

Key Parameters

  1. SBI Magnum Global Fund Direct Growth has ₹6550 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.2.

Returns

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.

Holdings

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

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 Global Fund Direct Growth

To provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.

Minimum Investment and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1394 people have invested ₹ 1.2Cr in SBI Magnum Global Fund Direct Growth in the last three months

INDmoney Rank for SBI Magnum Global Fund Direct Growth

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IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

SBI Magnum Global Fund Direct Growth Overview

Expense ratio1.19%
Benchmark
IISL Nifty MNC TR INR
AUM₹6550 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
25.66%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
SBI Magnum Global Fund Direct Growth
Nifty 500
equity - other
1M
1.8%
0.1%
-
3M
-0.5%
-3.9%
-
6M
8.1%
8.2%
-
1Y
12.1%
26.1%
-
3Y
9.8%
15.1%
-
5Y
16.8%
18.4%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 94.6%

  • Debt & Cash 5.4%

Mid cap
31.3%

Small cap
31%

Large cap
11.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
27%
Consumer Defensive
21.2%
Health
14.7%
Industrial
11.5%
Communication
11.1%
Tech
6.6%
Basic Materials
4.3%
Financial Services
3.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.32%
1.89%
-0.55%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.32% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 2.20% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 6.5K Cr
₹ 6.9K Cr
₹ 6.8K Cr
  • AUM of the fund stands at 6.5K Cr as of Oct'24
  • AUM decreased by 328.6 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Page Industries Ltd's allocation increased from 4.55% to 4.81%
Page Industries Ltd's allocation increased from 4.55% to 4.81%
Esab India Ltd's allocation increased from 2.25% to 2.45%
Esab India Ltd's allocation increased from 2.25% to 2.45%
Abbott India Ltd's allocation increased from 4.24% to 4.42%
Abbott India Ltd's allocation increased from 4.24% to 4.42%
Top Stocks sold last month
Alphabet Inc Class A's allocation decreased from 8.28 % to 8.13 %
Alphabet Inc Class A's allocation decreased from 8.28 % to 8.13 %
Divi's Laboratories Ltd's allocation decreased from 5.54 % to 5.31 %
Divi's Laboratories Ltd's allocation decreased from 5.54 % to 5.31 %
United Breweries Ltd's allocation decreased from 5.38 % to 4.29 %
United Breweries Ltd's allocation decreased from 5.38 % to 4.29 %
Small Cap allocation has gone down from 31% to 31%
Small Cap allocation has gone down from 31% to 31%
Mid Cap allocation has gone up from 30.5% to 31.3%
Mid Cap allocation has gone up from 30.5% to 31.3%
Large Cap allocation has gone down from 12.5% to 11.5%
Large Cap allocation has gone down from 12.5% to 11.5%
Cash allocation has gone up from 5.1% to 5.4%
Cash allocation has gone up from 5.1% to 5.4%

Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Health

Oct'24
Consumer Cyclical
27%
Consumer Defensive
21%
Health
15%
Sep'24
Consumer Cyclical
25%
Consumer Defensive
20%
Health
16%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
32
30
29
Top 5 Company Concentration
28%
29.7%
29.9%
Company having highest exposure
Alphabet Inc Class A (8.1%)
Alphabet Inc Class A (8.3%)
Alphabet Inc Class A (8.3%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
85.6%
84.4%
84.5%
Sector having highest exposure
Consumer Cyclical (27%)
Consumer Cyclical (25.2%)
Consumer Cyclical (24.1%)
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Tanmaya Desai
Tanmaya Desai
Fund Manager of SBI Magnum Global Fund Direct Growth, since 1 April 2024
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Magnum Global Fund Direct Growth, since 31 January 2022
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 1 year, HDFC Defence Fund Direct Growth has given 65.52% return, outperforming this fund by 53.42%.
Insights icon
Over the last 1 month, this fund has experienced a 4.8% drop in AUM moving from 6.87K Cr to 6.54K Cr.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 2.5% moving from 1.22 to 1.19.
Insights icon
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 33.04% return, outperforming this fund by 16.25% per annum.
Insights icon
In the last 3 years, SBI PSU Direct Growth has given 38.01% return, outperforming this fund by 28.22% per annum.

SBI Magnum Global Fund Direct Growth 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 16.19% since inception which is less than its category average return of 18.78%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.6% in Equity, 0% in Debt and 5.4% in Cash related instruments
AUM size ₹6550 Cr

AUM size ₹6550 Cr

This fund has AUM of ₹6550 Cr which is more than its category average of ₹ 2225 Cr
Expense Ratio 1.19%

Expense Ratio 1.19%

This fund has an expense ratio of 1.19% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions for SBI Magnum Global Fund Direct Growth

The current NAV of SBI Magnum Global Fund Direct Growth is ₹409.91 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
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%
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1.19% as on November 2024
₹6550 Cr as on November 2024
Alphabet Inc Class A(8.13%), Divi's Laboratories Ltd(5.31%), Procter & Gamble Hygiene and Health Care Ltd(5.16%), Page Industries Ltd(4.81%), CCL Products (India) Ltd(4.56%) as on November 2024
Consumer Cyclical(25.54%), Consumer Defensive(20.04%), Health(13.93%) as on November 2024
The alpha ratio for the SBI Magnum Global Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Global Fund Direct Growth
-3.55
-2.56
2.3
As on November 2024
The alpha for SBI Magnum Global Fund Direct Growth is calculated against IISL Nifty MNC 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 Global Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Global Fund Direct Growth
0.42
0.61
0.75
As on November 2024
The Beta for SBI Magnum Global Fund Direct Growth is calculated with IISL Nifty MNC 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 Global 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 Global Fund Direct Growth
0.52
0.36
0.83
As on November 2024
The sharpe ratio for SBI Magnum Global Fund Direct Growth is calculated with IISL Nifty MNC 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 Global 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 Global Fund Direct Growth
9.38
11.31
13.67
As on November 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 0.57 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Tanmaya Desai, R. Srinivasan are the fund managers of SBI Magnum Global Fund Direct Growth
The Exit load of SBI Magnum Global Fund Direct Growth is 1%