SBI Magnum Long Term Equity Scheme Direct Growth
SBI Magnum Long Term Equity Scheme Direct Growth

SBI Magnum Long Term Equity Scheme Direct Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 261.3 as on 08-12-2022

Fund Performance
zero opening, trading, fund transfer fee
2177 people have invested ₹ 1.8Cr in mutual fund in the last three months

INDmoney Rank

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13
/24
48% Performance
40% Risk Management
31% Cost
13 out of 24 among elss (tax savings)
Pros
Larger AUM within category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
2.7%
5.6%
18.5%
10.6%
21.2%
11.8%
Benchmark
2.7%
14.2%
5.2%
17.9%
11.5%
11.8%
Category
-1.8%
2.4%
13.4%
13%
8.5%
7.5%
About the Fund

SBI Magnum Long Term Equity Scheme Direct Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Dinesh Balachandran. The fund could potentially beat inflation in the long-run.

Key parameters

1) SBI Magnum Long Term Equity Scheme Direct Growth has a NAV of 261.342 as on 08-12-2022.

2) SBI Magnum Long Term Equity Scheme Direct Growth has 12092 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 1.16 %.

Fund Overview

Expense ratio
Expense ratio
1.16%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹12092 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
28.17%

Fund Distribution

  • Equity 93.3%
  • Debt & Cash 6.7%
Size breakup
Large cap
60.2%
Mid cap
21.4%
Small cap
11.7%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

30.5%

Industrial

16.4%

Tech

9.4%

Consumer Cyclical

9.1%

Health

7.4%

Energy

6.5%

Basic Materials

6.4%

Utilities

5.3%

Communication

3.4%

Consumer Defensive

2.8%

Real Estate

2.8%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings62
Equity Holdings60
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 732.7 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 11.6K Cr
Sep'22
₹ 10.9K Cr
Aug'22
₹ 11.2K Cr

Fund Returns vs Benchmark

Oct'22
5.81%
5.37%
Sep'22
-2.86%
-2.51%
Aug'22
4.53%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
60
60
60
Top 5 Company Concentration
21.9%
21.8%
22.1%
Company having highest exposure
ICICI Bank Ltd (5.8%)
ICICI Bank Ltd (5.9%)
ICICI Bank Ltd (5.9%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
68%
67.4%
69.6%
Sector having highest exposure
Financial Services (28.5%)
Financial Services (27.9%)
Financial Services (27.3%)

Fund Manager

Dinesh Balachandran

Dinesh Balachandran

Managing this fund since 10 September 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Contra Fund Direct Growth
32.47%
23.88%
SBI Magnum Long Term Equity Scheme Direct Growth
20.92%
17.88%
SBI Multi Asset Allocation Fund Direct Plan Growth
12.98%
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AMC details

Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Fund House
SBI Funds Management Ltd

Fund Highlights

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 14.59% since inception which is more than its category average return of 13.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.35% in Equity, 0% in Debt and 6.65% in Cash related instruments
AUM size ₹12092 Cr

AUM size ₹12092 Cr

This fund has AUM of ₹12092 Cr which is more than its category average of ₹ 2710 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.59%

Frequently Asked Questions

The current NAV of SBI Magnum Long Term Equity Scheme Direct Growth is 259.75.
Existing (Absolute + CAGR)
SBI Magnum Long Term Equity Scheme Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.05%
2.05%
6 Month Returns
17.27%
17.27%
1 Year Returns
11.38%
11.38%
3 Years Returns
76.79%
20.92%
5 Years Returns
75.32%
11.88%
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1.16 as on November 2022
11600 Cr as on November 2022
ICICI Bank Ltd(5.81%),Larsen & Toubro Ltd(4.31%),Reliance Industries Ltd(4.04%),Mahindra & Mahindra Ltd(3.97%),State Bank of India(3.8%) as on November 2022
Financial Services(28.5%),Industrial(15.35%),Tech(8.75%) as on November 2022
The alpha ratio for the SBI Magnum Long Term Equity Scheme Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Long Term Equity Scheme Direct Growth
1.89
1.47
-0.96
As on month end.
The alpha for SBI Magnum Long Term Equity Scheme Direct Growth is calculated against S&P BSE 200 India 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 Long Term Equity Scheme Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Long Term Equity Scheme Direct Growth
0.96
0.95
0.96
As on month end.
The Beta for SBI Magnum Long Term Equity Scheme Direct Growth is calculated with S&P BSE 200 India 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 Long Term Equity Scheme Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Magnum Long Term Equity Scheme Direct Growth
0.54
0.77
0.43
As on month end.
The sharpe ratio for SBI Magnum Long Term Equity Scheme Direct Growth is calculated with S&P BSE 200 India 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 Long Term Equity Scheme Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Magnum Long Term Equity Scheme Direct Growth
15.68
21.84
19.2
As on month end.
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.
1.09
0.21
Dinesh Balachandran is the fund manager of SBI Magnum Long Term Equity Scheme Direct Growth
The Exit load of SBI Magnum Long Term Equity Scheme Direct Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.