SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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Equity
Direct
Equity - Other
NAV: ₹ 132.93 as on 27-02-2024
Fund Performance
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13 people have invested ₹ 13.5K in SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

About the SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Srinivasan, Mohit Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹6515 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 1.2.

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
1.18%
Benchmark
Benchmark
IISL Nifty MNC TR INR
AUM
AUM
₹6515 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
53%

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Jan-24)

  • Equity 94%

  • Debt & Cash 6%

Size breakup

Mid cap
41.8%
Large cap
32.7%
Small cap
19.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Consumer Defensive
22.4%
Health
18.5%
Consumer Cyclical
17.4%
Tech
14.2%
Industrial
10.4%
Communication
10.2%
Basic Materials
4.5%
Financial Services
2.6%

Top Holdings of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Jan-24)

  • Equity

Equity Holdings25

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.19%
3.19%
3.84%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 0.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 1.51% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 6.5K Cr
₹ 6.5K Cr
₹ 6.3K Cr
  • AUM of the fund stands at 6.5K Cr as of Jan'24
  • AUM increased by 0.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Jan

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager

R. Srinivasan
R. Srinivasan
Fund Manager of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 31 January 2022
Mohit Jain
Mohit Jain
Fund Manager of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 1 January 2022

SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
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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 16.4% since inception which is less than its category average return of 22.25%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.03% in Equity, 0% in Debt and 5.97% in Cash related instruments
AUM size ₹6515 Cr

AUM size ₹6515 Cr

This fund has AUM of ₹6515 Cr which is more than its category average of ₹ 1689 Cr
Expense Ratio 1.18%

Expense Ratio 1.18%

This fund has an expense ratio of 1.18% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹132.93 as on 27-Feb-2024.
Existing (Absolute + CAGR) as on 27-Feb-2024.
SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.99%
-0.99%
6 Month Returns
5.08%
5.08%
1 Year Returns
23.35%
23.35%
3 Years Returns
57.52%
16.35%
5 Years Returns
118.18%
16.89%
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1.18% as on January 2024
₹6515 Cr as on January 2024
Alphabet Inc Class A(7.33%), Procter & Gamble Hygiene and Health Care Ltd(7.26%), Divi's Laboratories Ltd(5.63%), Abbott India Ltd(5.29%), Infosys Ltd(4.84%) as on January 2024
Consumer Defensive(21.05%), Health(17.35%), Consumer Cyclical(16.36%) as on January 2024
The alpha ratio for the SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
2.87
4.55
3.66
As on January 2024
The alpha for SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
0.64
0.74
0.83
As on January 2024
The Beta for SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment 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 Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
1.67
1.17
0.82
As on January 2024
The sharpe ratio for SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment 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 Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
8.48
11.38
14.09
As on January 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 2.13 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.2 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Srinivasan, Mohit Jain are the fund managers of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Magnum Global Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%