SBI Magnum Global Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-12-2024
₹ 416.39
1D
Inception Returns
16.3%
/yr
About SBI Magnum Global Fund Direct Growth
SBI Magnum Global Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Srinivasan, Tanmaya Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Magnum Global Fund Direct Growth has ₹6635 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
SBI Magnum Global Fund Direct Growth has given a CAGR return of 16.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.07%, 10.41% and 17.35% respectively.
Holdings
SBI Magnum Global Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Health, Industrial, Communication, Tech, Basic Materials, Financial Services. Its top holdings are Alphabet Inc Class A, Divi's Laboratories Ltd, CCL Products (India) Ltd, Procter & Gamble Hygiene and Health Care Ltd, Page Industries 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of SBI Magnum Global Fund Direct Growth
To provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Global Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1416 people have invested ₹ 1.2Cr in SBI Magnum Global Fund Direct Growth in the last three months
INDmoney Rank for SBI Magnum Global Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
SBI Magnum Global Fund Direct Growth Overview
| Expense ratio | 1.19% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹6635 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 25.66% |
| 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 |
Trailing Returns
as on (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
Small cap
31.8%
Mid cap
29.9%
Large cap
11.4%
Sector Allocation
Consumer Cyclical
27.2%
Consumer Defensive
21.5%
Health
14.6%
Industrial
10.8%
Communication
10.2%
Tech
8%
Basic Materials
4.1%
Financial Services
3.6%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.52% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 2.12% in Nov'24
- AUM of the fund stands at 6.6K Cr as of Nov'24
- AUM increased by 84.6 Cr between Nov'24 and Oct'24
Top Stocks bought last month
EPAM Systems Inc's allocation increased from 3.15% to 4.35%
CCL Products (India) Ltd's allocation increased from 4.56% to 5.25%
Garware Technical Fibres Ltd's allocation increased from 4.09% to 4.65%
Top Stocks sold last month
Alphabet Inc Class A's allocation decreased from 8.13 % to 7.1 %
Procter & Gamble Hygiene and Health Care Ltd's allocation decreased from 5.16 % to 5.03 %
Abbott India Ltd's allocation decreased from 4.42 % to 4.18 %
Mid Cap allocation has gone down from 31.3% to 29.9%
Large Cap allocation has gone down from 11.5% to 11.4%
Small Cap allocation has gone up from 31% to 31.8%
Cash allocation has gone up from 5.4% to 5.9%
Top 3 Sectors in November were Consumer Cyclical, Consumer Defensive & Health
Nov'24
Consumer Cyclical
27%
Consumer Defensive
21%
Health
15%
Oct'24
Consumer Cyclical
27%
Consumer Defensive
21%
Health
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Alphabet Inc Class A | 7.1% | -10.8% | |
 Divi's Laboratories Ltd | 5.49% | 0% | |
 CCL Products (India) Ltd | 5.25% | 0% | |
 Procter & Gamble Hygiene and Health Care Ltd | 5.03% | 0% | |
 Page Industries Ltd | 4.91% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Gokaldas Exports Ltd | 43% |
 CCL Products (India) Ltd | 9.3% |
 Garware Technical Fibres Ltd | 4.5% |
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R. Srinivasan
Fund Manager of SBI Magnum Global Fund Direct Growth, since 31 January 2022
Top funds managed
Tanmaya Desai
Fund Manager of SBI Magnum Global Fund Direct Growth, since 1 April 2024
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.65L Cr
as on 29-Nov-2024
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 3 months, this fund has experienced a 2.3% drop in AUM moving from 6.78K Cr to 6.63K Cr.
In the last 3 years, SBI PSU Direct Growth has given 37.71% return, outperforming this fund by 27.3% per annum.
Over the last 1 month, this fund has increased expense ratio by 0.8% moving from 1.18 to 1.19.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 33.07% return, outperforming this fund by 15.73% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 48.31% return, outperforming this fund by 36.24%.
SBI Magnum Global 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 16.28% since inception which is less than its category average return of 17.65%
Fund Allocations
This fund has an allocation of 94.07% in Equity, 0% in Debt and 5.93% in Cash related instruments
AUM size ₹6635 Cr
This fund has AUM of ₹6635 Cr which is more than its category average of ₹ 2189 Cr
Expense Ratio 1.19%
This fund has an expense ratio of 1.19% which is more than its category average expense ratio of 1.18%
Frequently Asked Questions for SBI Magnum Global Fund Direct Growth
The current NAV of SBI Magnum Global Fund Direct Growth is ₹416.39 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
SBI Magnum Global Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.72% | 3.72% |
6 Month Returns | 4.38% | 4.38% |
1 Year Returns | 12.07% | 12.07% |
3 Years Returns | 34.58% | 10.41% |
5 Years Returns | 122.53% | 17.35% |
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1.19% as on November 2024
₹6635 Cr as on November 2024
Alphabet Inc Class A(7.1%), Divi's Laboratories Ltd(5.49%), CCL Products (India) Ltd(5.25%), Procter & Gamble Hygiene and Health Care Ltd(5.03%), Page Industries Ltd(4.91%) as on November 2024
Consumer Cyclical(25.62%), Consumer Defensive(20.18%), Health(13.71%) as on November 2024
The alpha ratio for the SBI Magnum Global Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Magnum Global Fund Direct Growth | -3.55 | -2.56 | 2.3 |
As on November 2024
The alpha for SBI Magnum Global Fund Direct Growth is calculated against IISL Nifty MNC 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 Global Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Magnum Global Fund Direct Growth | 0.42 | 0.61 | 0.75 |
As on November 2024
The Beta for SBI Magnum Global Fund Direct Growth is calculated with IISL Nifty MNC 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 Global 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 Global Fund Direct Growth | 0.52 | 0.36 | 0.83 |
As on November 2024
The sharpe ratio for SBI Magnum Global Fund Direct Growth is calculated with IISL Nifty MNC 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 Global 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 Global Fund Direct Growth | 9.38 | 11.31 | 13.67 |
As on November 2024
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 0.57 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Srinivasan, Tanmaya Desai are the fund managers of SBI Magnum Global Fund Direct Growth
The Exit load of SBI Magnum Global Fund Direct Growth is 1%