3 Year return
14.1%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6035.5 Cr.
Expense Ratio
1.3% (inclusive of GST)
Exit Load
For exit within 1 year from th 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
|
---|---|---|
Invesco India Infrastructure Fund |
31.78% |
0 |
Quant Infrastructure Fund |
29.97% |
0 |
DSP Healthcare Fund |
22.82% |
0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
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
The SBI Magnum Equity ESG Fund is an equity fund managed by SBI Mutual Fund. It is classified as an ESG fund, which means that it invests in companies that meet certain environmental, social, and governance (ESG) criteria. The SBI Magnum Equity ESG Fund is an open-ended fund, which means that it can issue and redeem units on a continuous basis. This makes it a more flexible investment option than a close-ended fund, which can only be bought and sold at the end of each trading day. The fund has a higher expense ratio than the category average.
Investment Objectives of the Scheme
The fund seeks to provide long-term capital appreciation by investing in a diversified portfolio of equity securities of companies that meet its ESG criteria.
Key Features of The Fund
5-year return | 18.7% |
Expense Ratio | 1.3% |
Fund Manager | Rohit Shimpi |
Fund Size | ₹6035.5 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The fund is suitable for investors who are looking for long-term growth with a moderate to high-risk appetite. It is important to note that ESG funds typically have higher expense ratios than traditional equity funds, so investors should factor this in when making their investment decisions. For investors seeking a long-term growth investment with a moderate to high-risk tolerance, the fund can be a good choice. ESG funds often have higher expense ratios than conventional equity funds. Therefore, investors should keep this in mind when deciding which ESG funds to invest in.
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.
Combat Inflation with SIP Investments
FAQs
What is today's NAV of SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
What is the AUM of SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
What is the expense ratio of SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
What are the returns of SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
- 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 ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
- 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 ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
- 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 ESG Exclusionary Strategy Fund Direct Plan IDCW Reinvestment?
- 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.