SBI Magnum Midcap Fund – Direct Growth

Equity · Mid Cap
 · ★★★★
500
Min SIP
5,000
Min Lumpsum
0.84 %
Expense Ratio
★★★★
Rating
15,957
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 20 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 40.2% 25% 26% 20.5%
Category Average 57.3% 29.1% 26.5% -

Scheme Allocation

By Holding
By Sector
By Asset
3.59%
Others
83.1%
View all Holdings
Holdings Sector Instrument Asset
CRISIL Credit Rating Agencies Equity 3.59%
Tube Investments Auto Ancillaries Equity 3.42%
Torrent Power Power Generation & Distribution Equity 3.37%
Sundaram Finance Finance Equity 3.33%
Schaeffler India Bearings Equity 3.19%
Thermax Capital Goods-Non Electrical Equipment Equity 3.01%
Indian Hotels Co Hotels & Restaurants Equity 2.68%
Sheela Foam Miscellaneous Equity 2.39%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 2.34%
Coromandel Inter Fertilizers Equity 2.3%
Page Industries Readymade Garments/ Apparells Equity 2.24%
Max Healthcare Healthcare Equity 2.2%
P & G Hygiene FMCG Equity 2.16%
Gokaldas Exports Readymade Garments/ Apparells Equity 2.13%
K P R Mill Ltd Readymade Garments/ Apparells Equity 2.11%
Cholaman.Inv.&Fn Finance Equity 2.08%
Sona BLW Precis. Auto Ancillaries Equity 2.04%
J K Cements Cement Equity 1.95%
Aether Industri. Chemicals Equity 1.81%
Bharat Forge Castings, Forgings & Fastners Equity 1.81%
Coforge IT - Software Equity 1.76%
TVS Motor Co. Automobile Equity 1.76%
Jubilant Food. Quick Service Restaurant Equity 1.6%
Phoenix Mills Realty Equity 1.52%
Mankind Pharma Pharmaceuticals Equity 1.41%
Endurance Tech. Auto Ancillaries Equity 1.36%
Motherson Wiring Auto Ancillaries Equity 1.34%
Godrej Propert. Realty Equity 1.27%
Jupiter Life Lin Healthcare Equity 1.27%
Triveni Turbine Capital Goods - Electrical Equipment Equity 1.24%
Oberoi Realty Realty Equity 1.23%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 1.22%
ZF Commercial Auto Ancillaries Equity 1.2%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.15%
Glaxosmi. Pharma Pharmaceuticals Equity 1.14%
Federal Bank Banks Equity 1.12%
HDFC AMC Finance Equity 1.12%
The Ramco Cement Cement Equity 1.1%
Uno Minda Auto Ancillaries Equity 1.09%
SKF India Bearings Equity 1.03%
Bajaj Finance Finance Equity 0.86%
P I Industries Agro Chemicals Equity 0.85%
M & M Fin. Serv. Finance Equity 0.82%
Tips Industries Entertainment Equity 0.81%
Nippon Life Ind. Finance Equity 0.77%
HDFC Bank Banks Equity 0.77%
VRL Logistics Logistics Equity 0.72%
Laurus Labs Pharmaceuticals Equity 0.71%
Relaxo Footwear Leather Equity 0.66%
Natl. Aluminium Non Ferrous Metals Equity 0.63%
Hatsun Agro FMCG Equity 0.63%
Pfizer Pharmaceuticals Equity 0.56%
Sanofi India Pharmaceuticals Equity 0.55%
Tatva Chintan Chemicals Equity 0.55%
FSN E-Commerce E-Commerce/App based Aggregator Equity 0.51%
Dodla Dairy FMCG Equity 0.49%
Mahindra Life. Construction Equity 0.46%
S A I L Steel Equity 0.46%
Prism Johnson Cement Equity 0.45%
City Union Bank Banks Equity 0.43%
Whirlpool India Consumer Durables Equity 0.43%
Natco Pharma Pharmaceuticals Equity 0.41%
Timken India Bearings Equity 0.36%
Persistent Sys IT - Software Equity 0.36%
G R Infraproject Infrastructure Developers & Operators Equity 0.3%
A B B Capital Goods - Electrical Equipment Equity 0.29%
Mangalam Cement Cement Equity 0.26%
Colgate-Palmoliv FMCG Equity 0.24%
Swaraj Engines Capital Goods-Non Electrical Equipment Equity 0.22%
Nuvoco Vistas Cement Equity 0.21%
Indigo Paints Paints/Varnish Equity 0.08%
Manpasand Bever. FMCG Equity 0%
Auto Components
13.64%
Finance
10.68%
Debt
7.99%
Industrial Products
6.98%
Textiles & Apparels
6.48%
Others
54.23%
View all Sectors
Sectors Asset
Auto Components 13.64%
Finance 10.68%
Debt 7.99%
Industrial Products 6.98%
Textiles & Apparels 6.48%
Pharmaceuticals & Biotech 4.78%
Electrical Equipments 4.54%
Realty 4.48%
Leisure Services 4.28%
Cement & Cement Products 3.97%
Consumer Durables 3.56%
Healthcare Services 3.47%
Power 3.37%
Fertilisers & Agrochemica 3.15%
Personal Products 2.4%
Chemicals & Petrochemical 2.36%
Banks 2.32%
IT-Software 2.12%
Capital Markets 1.89%
Automobiles 1.76%
Retailing 1.66%
Food Products 1.12%
Entertainment 0.81%
Transport Services 0.72%
Non-Ferrous Metals 0.63%
Ferrous Metals 0.46%
Others 0.33%
Construction 0.3%
Cash & Others -0.25%
Equity
91.93%
Reverse Repos
7.93%
Derivatives
0.33%
T-Bills
0.06%
Net Curr Ass/Net Receivables
-0.25%
Others
0%

Advance Ratio

2.26
Alpha
3.92
SD
0.79
Beta
1.49
Sharpe

Exit Load

Exit Load For exit within 1 year from th date of allotment - 1%. For exit after 1 years from the date of allotment - NIL.

Fund Objective

The SBI Magnum Midcap Fund is an open-ended mutual fund that belongs to the SBI Mutual Fund House. It started on March 29, 2005, giving investors a chance to put their money into a diversified portfolio of mid-cap stocks.

The fund’s goal is to provide long-term capital growth by investing in a well-diversified basket of equity stocks from mid-cap companies. The fund has an open-ended structure, which means that investors can join or leave the fund based on their investment needs and the state of the market.

Pros and Cons of SBI magnum midcap fund

Pros Cons
When compared to the category average, the fund has shown higher returns over the past three, five, and ten years. This indicates that the fund has performed well over a longer period of time. The AUM (Assets Under Management) of the fund is 8425Cr, which is relatively high. Funds with a higher AUM typically have lower future returns.
The fund has generated returns that are higher than the benchmark – NIFTY Midcap 150 Total Return Index – over the last 3 years. This indicates that the fund has outperformed the benchmark in recent years. The fund has generated returns lower than the category average by 0.07% for the past 1 year. This indicates that the fund may have performed below average in the short-term.
The expense ratio of the fund is 0.98%, which is relatively lower than the industry average.This means that the fund has lower operating costs, which could mean that investors will get a better return on their money.

Who should invest in SBI magnum midcap fund?

SBI Magnum Mid Cap Fund is a good investment for people who want to make money in the long term (at least 3–4 years) and want the chance to make a lot of money. However, it is important to note that, as with any investment, there is always a degree of risk involved.

This fund invests mainly in mid-cap companies, which have a higher potential for growth but also a higher level of volatility. So, investors need to be ready for the possibility that their investments will lose some money. Before making an investment decision, it’s important to do a lot of research and talk to a financial advisor.

What are the benefits of investing in the SBI magnum midcap fund?

The SBI Magnum Midcap Fund offers a number of benefits to investors, some of which include:

Long-term capital growth

The goal of the fund is to help investors make long-term money by investing in stocks and other instruments based on stocks. This gives investors a chance to grow their wealth over time.

Tax benefits

Investors can also get tax breaks from the scheme, as described in Section 80C of the Income Tax Act of 1961. This can help reduce the investor’s overall tax liability, making it an attractive option for those looking to save on taxes.

Diversification

By investing in a wide range of stocks and stock-based instruments, the fund gives its investors the chance to spread their risk over a number of different assets. This could mean that the total risk of the investor’s investment goes down.

Professional management

Professional fund managers run the fund. They have the knowledge and experience to choose the best investment opportunities. This gives investors the peace of mind that comes with knowing their money is in good hands.

Liquidity

The SBI Magnum Midcap Fund is an open-ended scheme, which means that investors can join or leave the fund based on their investment needs and the state of the market.

Fund Managers

Sohini Andani

Ms Sohini Andani has been working at joined SBI MF since 2007 and is currently the Research Head. Currently, she manages funds with an AUM of INR 36,724 crores. She worked at ING Investment Management, ASK Raymond James & Associates Private Limited, KR Choksey Shares & Securities Private Limited, LKP Shares & Securities Limited, and CRISIL.

 

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 Midcap Fund – Direct Growth ?

You can invest in SBI Magnum Midcap 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 Midcap 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 Midcap Fund – Direct Growth ?

The NAV of SBI Magnum Midcap Fund – Direct Growth is ₹223 as of 20 February 2024.

How to redeem SBI Magnum Midcap 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 Midcap Fund – Direct Growth?

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

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

The top sectors SBI Magnum Midcap Fund – Direct Growth has invested in are
  1. Auto Components - 13.64%
  2. Finance - 10.68%
  3. Debt - 7.99%
  4. Industrial Products - 6.98%
  5. Textiles & Apparels - 6.48%

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

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

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

The SBI Magnum Midcap Fund – Direct Growth has delivered 20.5% since inception

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

The expense ratio of SBI Magnum Midcap Fund – Direct Growth is 0.84 % as of 20 February 2024.

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

The AUM of SBI Magnum Midcap Fund – Direct Growth is ₹8,28,312 Cr as of 20 February 2024

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

The top stock holdings of SBI Magnum Midcap Fund – Direct Growth are
  1. CRISIL - 3.59%
  2. Tube Investments - 3.42%
  3. Torrent Power - 3.37%
  4. Sundaram Finance - 3.33%
  5. Schaeffler India - 3.19%

How can I redeem my investments in SBI Magnum Midcap 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 Midcap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for SBI Magnum Midcap Fund - Direct Growth?

No, there is no lock-in period for SBI Magnum Midcap Fund – Direct Growth.

Invest Now