SBI Magnum Comma Fund Direct Growth

SBI Magnum Comma Fund Direct Growth

Equity

SBI Mutual Fund

Equity - Other

Get the latest NAV of SBI Magnum Comma Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹110.70

▲0.8%1D

NAV as on 23 May 2025

14.14%/per year

Since Inception

Absolute Gain%

▲▼

988 people have invested ₹ 27.6L in SBI Magnum Comma Fund Direct Growth in the last three months

SBI Magnum Comma Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (23-May-25)

The fund has outperformed the benchmark (Nifty 500) over 5Y, but underperformed over 1Y, 3Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
4.71%
2.71%
-
3 Months
12.79%
11.3%
-
6 Months
4.19%
2.5%
-
1 Year
3.94%
6.04%
-
3 Years
17.32%
18.34%
-
5 Years
27.95%
25.16%
-

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
SBI Magnum Comma Fund
37/39
635Cr
1.85%
3.94%
17.32%
14.14%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
27,197Cr
0.64%
14.59%
27.96%
23.36%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,375Cr
0.72%
10.28%
25.83%
23.61%
ICICI Prudential Exports and Services Fund Direct Growth
3/39
1,362Cr
1.65%
13.81%
23.36%
19.54%
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

SBI Magnum Comma Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

SBI Magnum Comma Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 99.2%

Debt & Cash 0.8%

Large cap
55.4%
Small cap
29.8%
Mid cap
14%
Mid Cap allocation has gone up from 11.9% to 14%
Mid Cap allocation has gone up from 11.9% to 14%
Large Cap allocation has gone up from 51.5% to 55.4%
Large Cap allocation has gone up from 51.5% to 55.4%
Small Cap allocation has gone up from 28.5% to 29.8%
Small Cap allocation has gone up from 28.5% to 29.8%
Cash allocation has gone down from 8.1% to 0.8%
Cash allocation has gone down from 8.1% to 0.8%

SBI Magnum Comma Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 99.2%

Debt & Cash 0.8%

Basic Materials
46.1%
Energy
28.9%
Utilities
11.2%
Consumer Defensive
9.3%
Consumer Cyclical
4.6%

Top 3 Sectors in April were Basic Materials, Energy & Utilities

Apr'25

Basic Materials

49%

Energy

29%

Utilities

10%

Mar'25

Basic Materials

49%

Energy

28%

Utilities

10%

SBI Magnum Comma Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
Reliance Industries Ltd
9.39%
0%
Tata Steel Ltd
8.32%
0%
UltraTech Cement Ltd
6.23%
0%
Oil & Natural Gas Corp Ltd
5.39%
0%
CESC Ltd
5.18%
0%
See all
Top Stocks bought last month
Indian Oil Corp Ltd's allocation increased from 2.05% to 4.12%
Indian Oil Corp Ltd's allocation increased from 2.05% to 4.12%
Steel Authority Of India Ltd's allocation increased from 2.12% to 3.13%
Steel Authority Of India Ltd's allocation increased from 2.12% to 3.13%
NMDC Ltd's allocation increased from 1.64% to 2.54%
NMDC Ltd's allocation increased from 1.64% to 2.54%
Top Stocks sold last month
Tata Steel Ltd's allocation decreased from 9.33 % to 8.32 %
Tata Steel Ltd's allocation decreased from 9.33 % to 8.32 %
UltraTech Cement Ltd's allocation decreased from 6.27 % to 6.23 %
UltraTech Cement Ltd's allocation decreased from 6.27 % to 6.23 %
Oil & Natural Gas Corp Ltd's allocation decreased from 5.52 % to 5.39 %
Oil & Natural Gas Corp Ltd's allocation decreased from 5.52 % to 5.39 %

SBI Magnum Comma Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.85%
Benchmark
Nifty Commodities TR INR
AUM₹635 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
88.14%
STCGSelling mutual fund 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

About SBI Magnum Comma Fund

SBI Magnum Comma Fund 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 Comma Fund Direct Growth has ₹635 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 1.9.

Returns

SBI Magnum Comma Fund Direct Growth has given a CAGR return of 14.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.94%, 17.32% and 27.95% respectively.

Holdings

SBI Magnum Comma Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Energy, Utilities, Consumer Defensive, Consumer Cyclical. Its top holdings are Reliance Industries Ltd, Tata Steel Ltd, UltraTech Cement Ltd, Oil & Natural Gas Corp Ltd, CESC 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI Magnum Comma Fund Direct Growth

To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Comma Fund Direct Growth has no lock in period.

Fund Manager

Dinesh Balachandran

Fund Manager of SBI Magnum Comma Fund Direct Growth, since 1 June 2024

Learn more about SBI Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 635.4 Cr
₹ 624.4 Cr
₹ 570.1 Cr
  • AUM of the fund stands at 635.4 Cr as of Apr'25
  • AUM increased by 11.1 Cr between Apr'25 and Mar'25

Compare SBI Magnum Comma Fund

SBI Magnum Comma Fund

VS

ICICI Prudential India Opportunities Fund Direct Growth

Frequently Asked Questions for SBI Magnum Comma Fund Direct Growth

What is the current NAV of SBI Magnum Comma Fund Direct Growth?

The current NAV of SBI Magnum Comma Fund Direct Growth is ₹110.7 as on 23-May-2025.

What are the average returns of SBI Magnum Comma Fund Direct Growth?

Existing (Absolute + CAGR) as on 23-May-2025.
SBI Magnum Comma Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.71%
4.71%
6 Month Returns
4.19%
4.19%
1 Year Returns
3.94%
3.94%
3 Years Returns
61.49%
17.32%

How do I invest in SBI Magnum Comma Fund Direct Growth?

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.

What is the expense ratio of SBI Magnum Comma Fund Direct Growth?

1.85% as on April 2025

What is net assets under management (AUM) of SBI Magnum Comma Fund Direct Growth?

₹635 Cr as on April 2025

What are the top 5 holdings of SBI Magnum Comma Fund Direct Growth?

Reliance Industries Ltd(9.39%), Tata Steel Ltd(8.32%), UltraTech Cement Ltd(6.23%), Oil & Natural Gas Corp Ltd(5.39%), CESC Ltd(5.18%) as on April 2025

What are the top 3 sectors that this SBI Magnum Comma Fund Direct Growth has invested in?

Basic Materials(48.33%), Energy(28.84%), Utilities(9.68%) as on April 2025

What is the alpha of SBI Magnum Comma Fund Direct Growth?

The alpha ratio for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Comma Fund Direct Growth
0.49
-0.06
0.43
As on April 2025
The alpha for SBI Magnum Comma Fund Direct Growth is calculated against Nifty Commodities 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%.

What is the beta of SBI Magnum Comma Fund Direct Growth??

The Beta ratio for the SBI Magnum Comma Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Comma Fund Direct Growth
0.84
0.8
0.86
As on April 2025
The Beta for SBI Magnum Comma Fund Direct Growth is calculated with Nifty Commodities 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.

What is the sharpe ratio of SBI Magnum Comma Fund Direct Growth?

The sharpe ratio for the SBI Magnum Comma 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 Comma Fund Direct Growth
-0.31
0.32
1.02
As on April 2025
The sharpe ratio for SBI Magnum Comma Fund Direct Growth is calculated with Nifty Commodities 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.

What is the standard deviation of SBI Magnum Comma Fund Direct Growth?

The standard deviation for the SBI Magnum Comma 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 Comma Fund Direct Growth
17.97
17.68
18.26
As on April 2025
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.

What is the Sortino ratio of SBI Magnum Comma Fund Direct Growth?

Sortino ratio is 0.48 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of SBI Magnum Comma Fund Direct Growth?

Dinesh Balachandran is the fund manager of SBI Magnum Comma Fund Direct Growth

What is the exit load of SBI Magnum Comma Fund Direct Growth?

The Exit load of SBI Magnum Comma Fund Direct Growth is 0.5%