SBI Magnum Global Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 371.86
▲0.3%
1D
Inception Returns
15%
/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 Tanmaya Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Magnum Global Fund Direct Growth has ₹6309 Cr worth of assets under management (AUM) as on Jan 2025 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 15.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.48%, 8.37% and 14.03% respectively.
Holdings
SBI Magnum Global Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Health, Industrial, Tech, Government, Basic Materials, Financial Services, Communication. Its top holdings are Maruti Suzuki India Ltd, Hindustan Unilever Ltd, Infosys Ltd, Procter & Gamble Hygiene and Health Care Ltd, United Breweries 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 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
Absolute
▲
▼
1414 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
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IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
SBI Magnum Global Fund Direct Growth Overview
| Expense ratio | 1.21% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹6309 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Small cap
32.2%
Large cap
31.2%
Mid cap
30.3%
Sector Allocation
Consumer Cyclical
28.6%
Consumer Defensive
28%
Health
15.4%
Industrial
12.8%
Tech
5.2%
Basic Materials
4.3%
Financial Services
3%
Communication
2.7%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 6.3K Cr as of Jan'25
- AUM decreased by 332.3 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 0.21% to 5.66%
Hindustan Unilever Ltd's allocation increased from 2.7% to 5.48%
Colgate-Palmolive (India) Ltd's allocation increased from 1.78% to 4.38%
Top Stocks sold last month
Gokaldas Exports Ltd's allocation decreased from 5.11 % to 4.5 %
Divi's Laboratories Ltd's allocation decreased from 5.42 % to 4.16 %
Abbott India Ltd's allocation decreased from 4.48 % to 4.15 %
Small Cap allocation has gone down from 32.3% to 29%
Mid Cap allocation has gone up from 30.6% to 33.5%
Large Cap allocation has gone up from 11% to 29%
Cash allocation has gone up from 4.1% to 6%
Debt allocation has gone up from 0.3% to 0.3%
Top 3 Sectors in January were Consumer Cyclical, Consumer Defensive & Health
Jan'25
Consumer Cyclical
29%
Consumer Defensive
28%
Health
15%
Dec'24
Consumer Cyclical
28%
Consumer Defensive
20%
Health
15%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 5.5% |
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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
₹7.67L Cr
as on 31-Jan-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 increased expense ratio by 2.5% moving from 1.18 to 1.21.
Over the last 6 months, this fund has experienced a 8.2% drop in AUM moving from 6.86K Cr to 6.30K Cr.
In the last 1 year, Axis Innovation Fund Direct Growth has given 14.96% return, outperforming this fund by 15.44%.
In the last 3 years, SBI PSU Direct Growth has given 30.78% return, outperforming this fund by 22.41% per annum.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 31.33% return, outperforming this fund by 17.3% per annum.
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 15.04% since inception which is more than its category average return of 8.41%
Fund Allocations
This fund has an allocation of 93.68% in Equity, 0.31% in Debt and 6.01% in Cash related instruments
AUM size ₹6309 Cr
This fund has AUM of ₹6309 Cr which is more than its category average of ₹ 2217 Cr
Expense Ratio 1.21%
This fund has an expense ratio of 1.21% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions for SBI Magnum Global Fund Direct Growth
The current NAV of SBI Magnum Global Fund Direct Growth is ₹371.86 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
SBI Magnum Global Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.24% | -6.24% |
6 Month Returns | -8.03% | -8.03% |
1 Year Returns | -0.48% | -0.48% |
3 Years Returns | 27.26% | 8.37% |
5 Years Returns | 92.76% | 14.03% |
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1.21% as on January 2025
₹6309 Cr as on January 2025
Maruti Suzuki India Ltd(5.66%), Hindustan Unilever Ltd(5.48%), Infosys Ltd(4.89%), Procter & Gamble Hygiene and Health Care Ltd(4.83%), United Breweries Ltd(4.76%) as on January 2025
Consumer Cyclical(26.75%), Consumer Defensive(26.22%), Health(14.43%) as on January 2025
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 | -6.21 | -1.64 | 1.81 |
As on January 2025
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 | 0.44 | 0.58 | 0.75 |
As on January 2025
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 | -0.26 | 0.3 | 0.73 |
As on January 2025
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 | 10.62 | 10.92 | 13.93 |
As on January 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 0.47 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Tanmaya Desai is the fund manager of SBI Magnum Global Fund Direct Growth
The Exit load of SBI Magnum Global Fund Direct Growth is 1%