SBI Magnum Midcap Fund Direct Growth

SBI Magnum Midcap Fund Direct Growth

Equity

Direct

Mid-Cap

NAV as on 21-02-2025

₹ 236.73

▲0.4%

1D

Inception Returns

22%

/yr

About SBI Magnum Midcap Fund Direct Growth

SBI Magnum Midcap Fund is a mutual fund scheme designed to have a higher exposure towards stocks listed in the Nifty mid-cap index. Mid cap stocks are stocks which have a market capitalization of between Rs 5,000 and Rs 20,000 crore. They provide the opportunity for strong growth but also come with some risks attached.

The fund aims to generate high returns in the long term tenure. The fund is managed by SBI Mutual Fund, is one of the largest mutual fund houses in India, which manages multiple mutual funds and has an AUM of over Rs 7 lakh crore as on 2022. Investing in mid-cap stocks can be more volatile than investing in large-cap stocks, but it also has the potential for higher returns, making the fund more suitable for investors with a higher risk appetite.

Key Parameters

  1. SBI Magnum Midcap Fund Direct Growth has ₹21177 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

SBI Magnum Midcap Fund Direct Growth has given a CAGR return of 22.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.15%, 17.39% and 23.68% respectively.

Holdings

SBI Magnum Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Health, Basic Materials, Tech, Real Estate, Utilities, Consumer Defensive, Government, Communication, Energy. Its top holdings are CRISIL Ltd, Sundaram Finance Ltd, Torrent Power Ltd, Bajaj Finance Ltd, Max Healthcare Institute Ltd Ordinary Shares

Taxation

As it is a mid-cap 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI Magnum Midcap Fund Direct Growth

To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap 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 Midcap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
14797 people have invested ₹ 8.5Cr in SBI Magnum Midcap Fund Direct Growth in the last three months

INDmoney Rank for SBI Magnum Midcap Fund Direct Growth

Powered by IND quant engine
9
/19
47% Performance
64% Risk Management
56% Cost
9 out of 19 among mid-cap
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Protects capital during bear phase
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Beats FD returns for both 3Y & 5Y
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Underperforms benchmarks during bull run

SBI Magnum Midcap Fund Direct Growth Overview

Expense ratio0.81%
Benchmark
S&P BSE Midcap TR INR
AUM₹21177 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
10.31%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Feb-25)

Period
SBI Magnum Midcap Fund Direct Growth
Nifty Midcap 150
mid-cap
1M
-6.4%
-5.3%
-7.5%
3M
-6.1%
-6.4%
-8%
6M
-10.1%
-12.6%
-12.2%
1Y
7.1%
5.3%
7%
3Y
17.4%
20.6%
19%
5Y
23.7%
22.9%
21.6%

Fund Distribution

as on (31-Jan-25)

  • Equity 93.5%

  • Debt & Cash 6.5%

Mid cap
66%
Small cap
20.3%
Large cap
7.1%
Sector Allocation

Jan'25

Dec'24

Nov'24

Consumer Cyclical
22.4%
Financial Services
20.8%
Industrial
15.3%
Health
14.1%
Basic Materials
9.9%
Tech
4.6%
Real Estate
3.7%
Utilities
3.5%
Consumer Defensive
2.5%
Communication
1.8%
Energy
1.4%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
0.84%
-0.89%
Nifty Midcap 150
0.17%
-0.54%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 21.2K Cr
₹ 21.8K Cr
₹ 21.5K Cr
  • AUM of the fund stands at 21.2K Cr as of Jan'25
  • AUM decreased by 641.2 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Mahindra & Mahindra Financial Services Ltd's allocation increased from 2.04% to 2.69%
Mahindra & Mahindra Financial Services Ltd's allocation increased from 2.04% to 2.69%
AIA Engineering Ltd's allocation increased from 1.91% to 2.56%
AIA Engineering Ltd's allocation increased from 1.91% to 2.56%
Hatsun Agro Product Ltd's allocation increased from 0.41% to 0.98%
Hatsun Agro Product Ltd's allocation increased from 0.41% to 0.98%
Top Stocks sold last month
CRISIL Ltd's allocation decreased from 4.88 % to 4.11 %
CRISIL Ltd's allocation decreased from 4.88 % to 4.11 %
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 2.84 % to 2.76 %
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 2.84 % to 2.76 %
K.P.R. Mill Ltd's allocation decreased from 2.73 % to 2.64 %
K.P.R. Mill Ltd's allocation decreased from 2.73 % to 2.64 %
Mid Cap allocation has gone down from 67.1% to 65.9%
Mid Cap allocation has gone down from 67.1% to 65.9%
Large Cap allocation has gone up from 8.6% to 9%
Large Cap allocation has gone up from 8.6% to 9%
Small Cap allocation has gone up from 17.6% to 17.9%
Small Cap allocation has gone up from 17.6% to 17.9%
Cash allocation has gone up from 5.9% to 6.4%
Cash allocation has gone up from 5.9% to 6.4%
Debt allocation has gone up from 0.1% to 0.1%
Debt allocation has gone up from 0.1% to 0.1%

Top 3 Sectors in January were Consumer Cyclical, Financial Services & Industrial

Jan'25
Consumer Cyclical
22%
Financial Services
21%
Industrial
15%
Dec'24
Consumer Cyclical
24%
Financial Services
20%
Industrial
15%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
CRISIL Ltd
CRISIL Ltd
4.11%
0%
Torrent Power Ltd
Torrent Power Ltd
3.25%
0%
Sundaram Finance Ltd
Sundaram Finance Ltd
3.25%
0%
Bajaj Finance Ltd
Bajaj Finance Ltd
2.98%
0%
Max Healthcare Institute Ltd Ordinary Shares
Max Healthcare Institute Ltd Ordinary Shares
2.76%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Magnum Midcap Fund Direct Growth
SBI Magnum Midcap Fund Direct Growth
7.15%
17.39%
23.68%
22.02%
Motilal Oswal Midcap Direct Growth
Motilal Oswal Midcap Direct Growth
23.85%
29.5%
27.76%
24.01%
Kotak Emerging Equity Scheme Direct Growth
Kotak Emerging Equity Scheme Direct Growth
14.59%
19.93%
23.14%
20.52%
Axis Midcap Fund Direct Plan Growth
Axis Midcap Fund Direct Plan Growth
11.99%
16.07%
19.63%
19.1%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Bajaj Finance Ltd
Bajaj Finance Ltd
13.4%
Sundaram Finance Ltd
Sundaram Finance Ltd
0.9%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
71
72
72
Top 5 Company Concentration
16.3%
16.6%
15.6%
Company having highest exposure
CRISIL Ltd (4.1%)
CRISIL Ltd (4.9%)
CRISIL Ltd (4%)
No of Sectors
12
12
11
Top 5 Sectors Concentration
82.5%
81.4%
81.1%
Sector having highest exposure
Consumer Cyclical (22.4%)
Consumer Cyclical (23.5%)
Consumer Cyclical (22.8%)
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Fund House
SBI Funds Management Ltd
Total Schemes
69
See all SBI 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

Insights icon
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 29.77% return, outperforming this fund by 6.1% per annum.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 3.6% moving from 0.84 to 0.81.
Insights icon
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.81% which is lower than the category average expense ratio of 1.15%.
Insights icon
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.5% return, outperforming this fund by 12.11% per annum.
Insights icon
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 23.85% return, outperforming this fund by 16.7%.
Insights icon
Over the last 1 month, this fund has experienced a 2.9% drop in AUM moving from 21.81K Cr to 21.17K Cr.

SBI Magnum Midcap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.02% since inception which is more than its category average return of 19.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.47% in Equity, 0.14% in Debt and 6.39% in Cash related instruments
AUM size ₹21177 Cr

AUM size ₹21177 Cr

This fund has AUM of ₹21177 Cr which is more than its category average of ₹ 11898 Cr
Expense Ratio 0.81%

Expense Ratio 0.81%

This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions for SBI Magnum Midcap Fund Direct Growth

The current NAV of SBI Magnum Midcap Fund Direct Growth is ₹236.73 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
SBI Magnum Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-6.41%
-6.41%
6 Month Returns
-10.09%
-10.09%
1 Year Returns
7.15%
7.15%
3 Years Returns
61.76%
17.39%
5 Years Returns
189.37%
23.68%
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0.81% as on January 2025
₹21177 Cr as on January 2025
CRISIL Ltd(4.11%), Sundaram Finance Ltd(3.25%), Torrent Power Ltd(3.25%), Bajaj Finance Ltd(2.98%), Max Healthcare Institute Ltd Ordinary Shares(2.76%) as on January 2025
Consumer Cyclical(20.98%), Financial Services(19.45%), Industrial(14.27%) as on January 2025
The alpha ratio for the SBI Magnum Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Magnum Midcap Fund Direct Growth
4.38
0.7
1.49
As on January 2025
The alpha for SBI Magnum Midcap Fund Direct Growth is calculated against S&P BSE Midcap 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 Midcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Magnum Midcap Fund Direct Growth
0.81
0.75
0.9
As on January 2025
The Beta for SBI Magnum Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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 Midcap 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 Midcap Fund Direct Growth
0.68
0.88
0.95
As on January 2025
The sharpe ratio for SBI Magnum Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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 Midcap 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 Midcap Fund Direct Growth
12.79
13.14
20.77
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 1.6 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of SBI Magnum Midcap Fund Direct Growth is 1%