GulaQ

SBI MAGNUM MIDCAP FUND - DIRECT PLAN - GROWTH

Equity
Mid-Cap
3
(0.69%)

Returns

16.41%

1 Year Return

NAV

₹82.58

as 20th Feb 2020

Min. SIP Amount

₹500.00

Created with Highstock 6.2.0LowModerateHigh
Created with Highstock 6.2.0Historical NAV2013201420152016201720182019202020142016201820205010002575Zoom1m3m6mYTD1yAllFromDec 31, 2012ToFeb 20, 2020
Investment Performance
  • This Mutual Fund

    Profit (absolute return)

    ₹820.93

    16.42%

Created with Highstock 6.2.0₹5175₹5175₹5337.5₹5337.5₹5770.93₹5770.93₹5820.93₹5820.93Bank AccountFixed DepositRegular MFGULAQ MF02k4k6k8k

Min Lumpsum Amount

₹5,000.00

Expense Ratio

1.18%

Exit Load

1.00% if redeemed within 12 months.


Fund Details
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5
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Company Allocation
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5
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Other Details

SBI Magnum Midcap 

 

About SBI Magnum Midcap Fund:

 

The scheme is an open-ended equity scheme predominantly investing in mid cap stocks. This scheme on an average has provided a 15% return since inception. It is benchmarked against Nifty Free Float Midcap 150. It is available under the growth and dividend option. 

 

Pros and Cons of SBI Magnum Midcap Fund: 

 

  • The scheme has a lower risk compared to the benchmark. 

  • It has a lower expense ratio. 

  •  
  • One-year returns are higher than the benchmark. 

  • Returns of five years are higher than the benchmark. 

  • This scheme has underperformed the category average.  

 

Fund Information and Statistics of SBI Magnum Mid cap fund.  

 

  • Inception/launch date: 

  •  

The inception was launched on 29th March 2005. 

 

  • Risk Level : 

  •  

The risk of this scheme is moderately high. 

 

  • Redemption: 

  •  

The minimum redemption required amount is Rs 1000. It provides the redemption request facility to the investor on every day.  

 

  • Fund Manager: 

  •  

The scheme is currently being managed by Ms. Sohini Andani who has been managing the scheme since July 2010. She has more than two decades of experience in the financial sector. 
 

  • Entry/Exit Load:

  •  

Exit load is 1%, if the units are redeemed within one year from allotment date and there will be no exit load if it is beyond one year. 

 

Tax benefit of investing in SBI Magnum Midcap Fund:

 

 Investors investing in this scheme get a tax benefit. The short-term capital gains will be taxed at the rate of 15% from the sale of units within 1 year, while the long-term capital gains, over and above Rs 1 lakh made on the sale of units after one year from the date of allotment will be taxable at 10% 

 

About SBI Mutual Fund: 

 

 The SBI Mutual fund is sponsored by one of the India's largest banks and the fund has launched 38 schemes and successfully redeemed fifteen of them.