SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option
Equity
Direct
Mid-Cap
NAV: ₹ 129.6 as on 18-04-2024
Fund Performance
45 people have invested ₹ 3.3L in SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option in the last three months
About the SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Sohini Andani. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹16856 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option Overview
 | 0.83% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹16856 Cr |
 | 1 January, 2013 |
 | ₹5000/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 10% |
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option Distribution as on (31-Mar-24)
Size breakup
Mid cap
66.6%
Small cap
12.9%
Large cap
12.4%
Sector Allocation
Consumer Cyclical
30.5%
Financial Services
18.6%
Industrial
15.2%
Basic Materials
9.8%
Health
9.1%
Real Estate
5%
Utilities
4.5%
Consumer Defensive
3.4%
Communication
2.2%
Tech
1.8%
Top Holdings of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option as on (31-Mar-24)
Equity Holdings70
Debt Holdings1
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.01% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 2.17% in Mar'24
AUM Change
- AUM of the fund stands at 16.9K Cr as of Mar'24
- AUM increased by 397.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Thermax Ltd | 25.2% |
 Carborundum Universal Ltd | 17.8% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Sheela Foam Ltd | -0.2% |
 Gokaldas Exports Ltd | 10.6% |
Peer Analysis
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option Fund Manager
Mohit Jain
Fund Manager of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option, since 30 November 2017
Top funds managed
Sohini Andani
Fund Manager of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option, since 1 July 2010
Top funds managed
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.18% since inception which is less than its category average return of 18.76%
Fund Allocations
This fund has an allocation of 91.85% in Equity, 0% in Debt and 8.15% in Cash related instruments
AUM size ₹16856 Cr
This fund has AUM of ₹16856 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 0.83%
This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹129.6 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 7.03% | 7.03% |
6 Month Returns | 14.85% | 14.85% |
1 Year Returns | 41.74% | 41.74% |
3 Years Returns | 98.21% | 25.62% |
5 Years Returns | 188.55% | 23.61% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.83% as on March 2024
₹16856 Cr as on March 2024
CRISIL Ltd(4.2%), Torrent Power Ltd(4.16%), Thermax Ltd(3.76%), Sundaram Finance Ltd(3.66%), Tube Investments of India Ltd Ordinary Shares(3.1%) as on March 2024
Consumer Cyclical(28.05%), Financial Services(17.04%), Industrial(13.93%) as on March 2024
The alpha ratio for the SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option | 3.24 | 3.6 | 1.11 |
As on March 2024
The alpha for SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated against S&P BSE Midcap 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option | 0.66 | 0.71 | 0.92 |
As on March 2024
The Beta for SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated with S&P BSE Midcap 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option | 3.06 | 1.5 | 0.86 |
As on March 2024
The sharpe ratio for SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated with S&P BSE Midcap 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 Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option | 9.7 | 11.57 | 20.97 |
As on March 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 3 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain, Sohini Andani are the fund managers of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option
The Exit load of SBI Magnum Midcap Fund Direct Payout of Income Distribution cum capital withdrawal option is 1%