3 Year return
13.01%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹5750.44 Cr.
Expense Ratio
1.31% (inclusive of GST)
Exit Load
For exit within 1 year from the date of allotment - 1%. For exit after 1 years from the date of allotment - NIL.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
SBI Mutual Fund Managers
RS
Rohit Shimpi
Fund Manager since Feb 2023
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant Infrastructure Fund |
26.02% |
0 |
DSP Healthcare Fund |
24.3% |
0 |
ICICI Prudential Commodities Fund |
22% |
0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Magnum Equity ESG Fund Direct Plan Growth
SBI Magnum Equity ESG Fund Direct Plan Growth, formerly known as SBI Magnum Equity Fund is an open ended equity scheme. It makes investments in businesses that uphold environmental, social, and governmental (ESG) standards. This equity-ESG fund belongs to the SBI Mutual Fund. The benchmark for the scheme is NIFTY 100 ESG Total Return Index.
Investment Objective of The Scheme
SBI Magnum Equity ESG Fund Direct Plan Growth is an actively managed fund that puts its investments in a diverse basket of firms/companies which meet environmental, social, and governance requirements, and aims to offer investors options for long-term capital growth. Companies are graded according to governance, social responsibility, and environmental management criteria.The ESG scores determine a security's active weight. Positive scores and active weights are mutually exclusive.
Key Features of The Fund
5-year return | 17.03% |
Expense Ratio | 1.31% |
Fund Manager | Rohit Shimpi |
Fund Size | ₹5750.44 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you are looking for long term income via investments, you could consider making an investment in SBI Magnum Equity ESG Fund Direct Plan Growth. However, note that this scheme has very high risk levels and the ideal investment horizon is at least 3 years or more. Take into account your financial plans and risk tolerance before you make a decision.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 3333 1800 425 5425 |
customer.delight@sbimf.com | |
Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Magnum Equity ESG Fund?
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What are the returns of SBI Magnum Equity ESG Fund since inception?
What is the minimum SIP amount to invest in SBI Magnum Equity ESG Fund?
How do I invest in SBI Magnum Equity ESG Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Magnum Equity ESG Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Magnum Equity ESG Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Magnum Equity ESG Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.