SBI Magnum Comma Fund Direct Growth
NAV as on 23-04-2025
₹ 105.72
▲0.2%
1D
Inception Returns
13.8%
/yr
Historical NAV & Returns
Absolute
▲
▼
958 people have invested ₹ 27.2L in SBI Magnum Comma Fund Direct Growth in the last three months
About SBI Magnum Comma Fund Direct Growth
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
- SBI Magnum Comma Fund Direct Growth has ₹624 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.9.
Returns
SBI Magnum Comma Fund Direct Growth has given a CAGR return of 13.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.36%, 10.65% and 26.45% 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 Tata Steel Ltd, Reliance Industries 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 benefitDividends 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.
SBI Magnum Comma Fund Direct Growth Overview
| Expense ratio | 1.85% |
Benchmark | Nifty Commodities TR INR |
| AUM | ₹624 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 88.14% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for SBI Magnum Comma Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
51.5%
Small cap
28.5%
Mid cap
11.9%
Sector Allocation
Basic Materials
48.6%
Energy
28.5%
Utilities
10.3%
Consumer Defensive
8.4%
Consumer Cyclical
4.3%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.89% in Mar'25
- AUM of the fund stands at 624.4 Cr as of Mar'25
- AUM increased by 54.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Tata Steel Ltd's allocation increased from 5.26% to 9.33%
Balrampur Chini Mills Ltd's allocation increased from 3.51% to 3.95%
Hindustan Petroleum Corp Ltd's allocation increased from 3.09% to 3.46%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 8.94 % to 8.67 %
Oil & Natural Gas Corp Ltd's allocation decreased from 5.53 % to 5.52 %
Coal India Ltd's allocation decreased from 4.21 % to 4.15 %
Mid Cap allocation has gone up from 11.7% to 11.9%
Large Cap allocation has gone up from 51% to 51.5%
Small Cap allocation has gone down from 29.3% to 28.5%
Cash allocation has gone up from 7.5% to 8.1%
Debt allocation has gone down from 0.5% to 0%
Top 3 Sectors in March were Basic Materials, Energy & Utilities
Mar'25
Basic Materials
49%
Energy
28%
Utilities
10%
Feb'25
Basic Materials
49%
Energy
28%
Utilities
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Tata Steel Ltd | 9.33% | -5% | |
 Reliance Industries Ltd | 8.67% | 0% | |
 UltraTech Cement Ltd | 6.27% | 0% | |
 Oil & Natural Gas Corp Ltd | 5.52% | 0% | |
 CESC Ltd | 5.1% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Magnum Comma Fund Direct Growth | 3.36% | 10.65% | 26.45% | 13.82% |
 Sundaram Services Direct Growth | 17.98% | 18.79% | 29.73% | 21.41% |
 ICICI Prudential India Opportunities Fund Direct Growth | 15.43% | 24.31% | 35.97% | 23.21% |
 Franklin India Opportunities Fund - Direct - Growth | 14.73% | 30.7% | 33.71% | 18.23% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Balrampur Chini Mills Ltd | 10.6% |
 CESC Ltd | 3.6% |
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Dinesh Balachandran
Fund Manager of SBI Magnum Comma Fund Direct Growth, since 1 June 2024
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 9.5% growth in AUM moving from 570.12 Cr to 624.36 Cr.
Over the last 3 months, this fund has decreased expense ratio by 3.1% moving from 1.91 to 1.85.
In the last 1 year, Sundaram Services Direct Growth has given 17.98% return, outperforming this fund by 14.63%.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 40.52% return, outperforming this fund by 14.07% per annum.
In the last 3 years, SBI PSU Direct Growth has given 32.01% return, outperforming this fund by 21.36% per annum.
This fund expense ratio is slightly on the higher side within the category (equity - other). Its expense ratio is 1.85% which is higher than the category average expense ratio of 1.18%.
SBI Magnum Comma Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.82% since inception which is more than its category average return of 10.38%
Fund Allocations
This fund has an allocation of 91.89% in Equity, 0% in Debt and 8.11% in Cash related instruments
AUM size ₹624 Cr
This fund has AUM of ₹624 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 1.85%
This fund has an expense ratio of 1.85% which is more than its category average expense ratio of 1.3%
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5Y CAGR
▲ 32.65
5Y CAGR
▲ 30.31
5Y CAGR
▲ 26.72
5Y CAGR
▲ 32.20
5Y CAGR
▲ 36.74
Frequently Asked Questions for SBI Magnum Comma Fund Direct Growth
The current NAV of SBI Magnum Comma Fund Direct Growth is ₹105.72 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
SBI Magnum Comma Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.46% | 2.46% |
6 Month Returns | -3.08% | -3.08% |
1 Year Returns | 3.36% | 3.36% |
3 Years Returns | 35.47% | 10.65% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.85% as on March 2025
₹624 Cr as on March 2025
Tata Steel Ltd(9.33%), Reliance Industries Ltd(8.67%), UltraTech Cement Ltd(6.27%), Oil & Natural Gas Corp Ltd(5.52%), CESC Ltd(5.1%) as on March 2025
Basic Materials(44.62%), Energy(26.18%), Utilities(9.43%) as on March 2025
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 | 1.54 | -2.3 | -0.03 |
As on March 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%.
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 | 0.9 | 0.78 | 0.9 |
As on March 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.
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 | 0.01 | 0.27 | 1.12 |
As on March 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.
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 | 19.4 | 17.71 | 19.43 |
As on March 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.
Sortino ratio is 0.41 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dinesh Balachandran is the fund manager of SBI Magnum Comma Fund Direct Growth
The Exit load of SBI Magnum Comma Fund Direct Growth is 0.5%