SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

Compare
Equity
Direct
Mid-Cap
NAV: ₹ 126.78 as on 27-02-2024
Fund Performance
zero opening, trading, fund transfer fee
34 people have invested ₹ 5.5L in SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option in the last three months

About the SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

SBI Magnum Midcap Fund Direct Reinvestment 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

  1. SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has ₹15957 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Overview

Expense ratio
Expense ratio
0.84%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹15957 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
10%

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Distribution as on (31-Jan-24)

  • Equity 91.9%

  • Debt & Cash 8.1%

Size breakup

Mid cap
65.6%
Small cap
14.9%
Large cap
11.4%
Sector Allocation

Jan'24

Dec'23

Nov'23

Consumer Cyclical
31.3%
Financial Services
16.2%
Industrial
15.2%
Basic Materials
11.6%
Health
9%
Real Estate
4.9%
Consumer Defensive
3.8%
Utilities
3.7%
Tech
2.3%
Communication
2.1%

Top Holdings of SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings71
Debt Holdings1

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.89%
4.44%
6.84%
Nifty Midcap 150
4.14%
6.04%
9.75%
  • This fund’s returns stands at 0.89% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 4.14% as on Jan'24
  • This fund underperformed Nifty Midcap 150 by 3.25% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 16K Cr
₹ 15.5K Cr
₹ 14.5K Cr
  • AUM of the fund stands at 16K Cr as of Jan'24
  • AUM increased by 499.3 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option portfolio Returns for the month of Jan

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 30 November 2017
Sohini Andani
Sohini Andani
Fund Manager of SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 1 July 2010
Top funds managed

SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 15.1% since inception which is less than its category average return of 19.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 91.93% in Equity, 0% in Debt and 8.07% in Cash related instruments
AUM size ₹15957 Cr

AUM size ₹15957 Cr

This fund has AUM of ₹15957 Cr which is more than its category average of ₹ 7171 Cr
Expense Ratio 0.84%

Expense Ratio 0.84%

This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is ₹126.78 as on 27-Feb-2024.
Existing (Absolute + CAGR) as on 27-Feb-2024.
SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
4.33%
4.33%
6 Month Returns
17.57%
17.57%
1 Year Returns
40.51%
40.51%
3 Years Returns
94.88%
24.91%
5 Years Returns
209.85%
25.38%
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.
0.84% as on January 2024
₹15957 Cr as on January 2024
CRISIL Ltd(3.59%), Tube Investments of India Ltd Ordinary Shares(3.42%), Torrent Power Ltd(3.37%), Sundaram Finance Ltd(3.33%), Schaeffler India Ltd(3.19%) as on January 2024
Consumer Cyclical(28.76%), Financial Services(14.89%), Industrial(13.95%) as on January 2024
The alpha ratio for the SBI Magnum Midcap Fund Direct Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal option
1.02
2.56
0.61
As on January 2024
The alpha for SBI Magnum Midcap Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal option
0.68
0.79
0.92
As on January 2024
The Beta for SBI Magnum Midcap Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal option
2.55
1.61
0.91
As on January 2024
The sharpe ratio for SBI Magnum Midcap Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal option
10.7
13.59
21.21
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 3.78 as on January 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 Reinvestment of Income Distribution cum capital withdrawal option
The Exit load of SBI Magnum Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is 1%