SBI Magnum Global Fund – Direct Growth

500
Min SIP
5,000
Min Lumpsum
1.18 %
Expense Ratio
Rating
6,514
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 22.2% 16% 16.6% 16.2%
Category Average 33.3% 17.8% 15.5% -

Scheme Allocation

By Holding
By Sector
By Asset
5.63%
5.29%
4.84%
Others
72.26%
View all Holdings
Holdings Sector Instrument Asset
P & G Hygiene FMCG Equity 7.26%
Divi's Lab. Pharmaceuticals Equity 5.63%
Abbott India Pharmaceuticals Equity 5.29%
Infosys IT - Software Equity 4.84%
United Breweries Alcoholic Beverages Equity 4.72%
CCL Products Plantation & Plantation Products Equity 4.53%
Aether Industri. Chemicals Equity 4.21%
Page Industries Readymade Garments/ Apparells Equity 4.18%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 3.64%
ZF Commercial Auto Ancillaries Equity 3.51%
Hind. Unilever FMCG Equity 3.43%
Gland Pharma Pharmaceuticals Equity 3.3%
Maruti Suzuki Automobile Equity 3.28%
Garware Tech. Textiles Equity 2.93%
SKF India Bearings Equity 2.88%
Whirlpool India Consumer Durables Equity 2.45%
CSB Bank Banks Equity 2.41%
Nazara Technolo. IT - Software Equity 2.23%
Esab India Capital Goods-Non Electrical Equipment Equity 2.11%
Kennametal India Castings, Forgings & Fastners Equity 1.12%
Nestle India FMCG Equity 1.12%
Others
20.49%
Pharmaceuticals & Biotech
14.22%
Industrial Products
8.63%
Personal Products
7.26%
Textiles & Apparels
7.11%
Others
42.29%
View all Sectors
Sectors Asset
Others 20.49%
Pharmaceuticals & Biotech 14.22%
Industrial Products 8.63%
Personal Products 7.26%
Textiles & Apparels 7.11%
IT-Software 4.84%
Beverages 4.72%
Agricultural Food & other 4.53%
Chemicals & Petrochemical 4.21%
Auto Components 3.51%
Diversified FMCG 3.43%
Automobiles 3.28%
Debt 2.7%
Consumer Durables 2.45%
Banks 2.41%
Entertainment 2.23%
Cash & Others 1.74%
Food Products 1.12%
Industrial Manufacturing 1.12%
Equity
75.07%
Foreign Equity
18.96%
Reverse Repos
2.7%
Net Curr Ass/Net Receivables
1.74%
Derivatives
1.53%
Others
0%

Advance Ratio

4.12
Alpha
3.29
SD
0.74
Beta
1.02
Sharpe

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.

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.

 

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

AMC Contact Details

SBI Mutual Fund
AUM:
8,28,312 Cr
Address:
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Contact:
022-61793000
Email ID:
partnerforlife@sbimf.com

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Frequently Asked Questions

How to invest in SBI Magnum Global Fund – Direct Growth ?

You can invest in SBI Magnum Global Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • 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 ?

The NAV of SBI Magnum Global Fund – Direct Growth is ₹369 as of 29 February 2024.

How to redeem SBI Magnum Global Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of SBI Magnum Global Fund – Direct Growth?

The minimum SIP amount of SBI Magnum Global Fund – Direct Growth is ₹500

What are the top sectors SBI Magnum Global Fund – Direct Growth has invested in?

The top sectors SBI Magnum Global Fund – Direct Growth has invested in are
  1. Others - 20.49%
  2. Pharmaceuticals & Biotech - 14.22%
  3. Industrial Products - 8.63%
  4. Personal Products - 7.26%
  5. Textiles & Apparels - 7.11%

Can I make investments in both the SIP and Lump Sum schemes of SBI Magnum Global Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of SBI Magnum Global Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have SBI Magnum Global Fund – Direct Growth generated ?

The SBI Magnum Global Fund – Direct Growth has delivered 16.2% since inception

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

The expense ratio of SBI Magnum Global Fund – Direct Growth is 1.18 % as of 29 February 2024.

What is the AUM of SBI Magnum Global Fund – Direct Growth?

The AUM of SBI Magnum Global Fund – Direct Growth is ₹8,28,312 Cr as of 29 February 2024

What are the top stock holdings of SBI Magnum Global Fund – Direct Growth?

The top stock holdings of SBI Magnum Global Fund – Direct Growth are
  1. P & G Hygiene - 7.26%
  2. Divi's Lab. - 5.63%
  3. Abbott India - 5.29%
  4. Infosys - 4.84%
  5. United Breweries - 4.72%

How can I redeem my investments in SBI Magnum Global Fund – Direct Growth?

Step 1: Visit the fund house's website
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.

Invest Now