SBI Magnum Global Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 15% | 23.2% | 15.6% | 16.8% | ||||
| Category Average | 14.7% | 18.6% | 11.3% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | For exit within 12 months from th date of allotment. 1.00%. For exit after 12 months from the date of allotment - NIL. |
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Fund Objective
SBI Mutual Fund’s SBI Magnum Global Direct Plan-Growth is an Equity mutual fund plan. Introduced on September 30, 1994, this scheme is now overseen by R. Srinivasan & Mohit Jain, who serve as their fund managers. The portfolio has a 73.48% allocation to domestic equities, with 35.29% allocated to large-cap stocks, 9.88% to mid-cap stocks, and 20.31% to small-cap stocks.
The objective of the SBI Magnum Global Fund is to offer investors the potential for long-term capital gain through the active management of assets in a diversified portfolio made up mostly of MNC firms. The fund must hold at least 80% of its assets in the equity of multinational corporations (MNC*).
The SBI Magnum Global Fund offers the option to invest up to 20% of its assets in non-MNC shares, debt, or money market instruments. The fund employs a bottom-up method of stock selection and can choose MNC-eligible firms from across industries and market sizes.
Pros & Cons
Pros |
Cons |
| Potential to generate an alpha. | High expense ratio. |
| Expert management.
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Not for novice investors. |
| Potential for long term returns. | High risk in nature. |
| Provides regular income for the investors. |
Who should invest in the SBI Magnum Global Fund?
Investors who have a sophisticated understanding of macro trends and who like making selected bets for greater returns in comparison to other Equity funds can look forward to investing in SBI Magnum Global Fund. Even while the market as a whole is doing well, these investors nevertheless need to be prepared for the chance that their assets might sustain moderate to significant losses.
What are the benefits of investing in the SBI Magnum Global Fund?
● Diversification
Thematic funds such as SBI Magnum Global Fund, diversify their investments across industries to lessen this risk. The fund attempts to reduce overall industry volatility by investing in a variety of equity instruments, given the inherent volatility of equities.
● Appealing returns
While most investors prefer to ride the tide rather than chart their own course, those who do their research and join the market at the proper moment might achieve returns much more than the benchmark.
● Fund managers finding the right theme
Investing in thematic funds may give investors access to a variety of firms that are driving a certain theme or trend, which can be difficult to acquire via individual stock selection.
Fund Managers
R Srinivasan
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
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- Equity .
- Sectoral / Thematic .
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- 2,986
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33.5%Fund Size - 2,986
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46.2%Fund Size - 2,986
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21%Fund Size - 2,986
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- Equity .
- Sectoral / Thematic .
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- 1,506
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31.3%Fund Size - 1,506
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41.8%Fund Size - 1,506
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19.2%Fund Size - 1,506
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- Equity .
- Sectoral / Thematic .
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- 116
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24%Fund Size - 116
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36%Fund Size - 116
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18.6%Fund Size - 116
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- Equity .
- Sectoral / Thematic .
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- 1,177
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26.2%Fund Size - 1,177
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29.7%Fund Size - 1,177
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16.9%Fund Size - 1,177
-
- Equity .
- Sectoral / Thematic .
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- 6,740
-
14.7%Fund Size - 6,740
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28.4%Fund Size - 6,740
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12.7%Fund Size - 6,740
AMC Contact Details
Frequently Asked Questions
How to invest in SBI Magnum Global Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI Magnum Global Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of SBI Magnum Global Fund – Direct Growth ?
How to redeem SBI Magnum Global Fund – Direct Growth holding ?
What is the minimum sip amount of SBI Magnum Global Fund – Direct Growth?
What are the top sectors SBI Magnum Global Fund – Direct Growth has invested in?
- Pharmaceuticals & Biotech - 15.02%
- Industrial Products - 12.98%
- Others - 12.86%
- Personal Products - 7.67%
- Automobiles - 7.01%
Can I make investments in both the SIP and Lump Sum schemes of SBI Magnum Global Fund – Direct Growth?
How much returns have SBI Magnum Global Fund – Direct Growth generated ?
What is the expense ratio of SBI Magnum Global Fund – Direct Growth ?
What is the AUM of SBI Magnum Global Fund – Direct Growth?
What are the top stock holdings of SBI Magnum Global Fund – Direct Growth?
- P & G Hygiene - 7.63%
- Maruti Suzuki - 7.02%
- Divi's Lab. - 6.81%
- Aether Industri. - 5.07%
- Hind. Unilever - 4.75%
How can I redeem my investments in SBI Magnum Global Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI Magnum Global Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock-in period for SBI Magnum Global Fund - Direct Growth?
No, there is no lock-in period for SBI Magnum Global Fund – Direct Growth.