3 Year return

Launched on January 2013 (11 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved


Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹6298.69 Cr.

Expense Ratio

1.2% (inclusive of GST)

Exit Load

1.00%. For exit after 12 months from the date of allotment - NIL. For exit after 12 months from the date of allotment - Nil


ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings


SBI Mutual Fund Managers


R Srinivasan

Fund Manager since Apr 2022

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹915,901.53 Cr.
No. of Schemes 213
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Magnum Global Fund Direct Plan Growth

The SBI Magnum Global Fund is a thematic fund offered by SBI Mutual Fund. It is categorised as an open-ended equity scheme and it invests a minimum of 80% of its net assets in multinational companies (MNCs). These include companies in which a foreign entity is a major shareholder, Indian companies with more than half their turnover from international markets, and companies listed abroad. The fund has the flexibility to allocate up to 20% of its net assets to equities of non-MNC companies, debt securities and money market instruments. Overall, the scheme adopts a bottom-up approach for stock selection and includes a portfolio diversified across different market sectors.

Investment Objective of the Scheme

The SBI Magnum Global Fund—Direct Plan Growth primarily aims to give investors the benefit of long-term capital appreciation by diversifying its portfolio across leading MNCs. Since the returns are mostly market-linked, the fund does not guarantee any specific rate of returns.

Key Features of The Fund

5-year return 17.58%
Expense Ratio 1.2%
Fund Manager R Srinivasan
Fund Size ₹6298.69 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The SBI Magnum Global Fund — Direct Plan Growth is an equity-heavy fund that carries significantly high levels of risk, much like its benchmark, the Nifty MNC TRI. So, if you are an investor with a high-level risk appetite eager to diversify your portfolio across equity assets in the MNC space, this mutual fund could be a suitable investment option for you. However, if you’re not sure of the amount of risk your portfolio can withstand, it is advisable to consult with a financial advisor before you proceed.

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 33331800 425 5425
Email 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

Beat inflation and watch your money grow with our SIP return calculator. Protect your purchasing power and ensure your investments outpace inflation. Start hedging against inflation and securing your financial future now!


What is today's NAV of SBI Magnum Global Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Magnum Global Fund Jun 10 2024 is 398.897

What is the AUM of SBI Magnum Global Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Magnum Global Fund is 6298.69 crore.

What is the expense ratio of SBI Magnum Global Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of SBI Magnum Global Fund is 1.2%

What are the returns of SBI Magnum Global Fund since inception?

The SBI Magnum Global Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 16.51 since inception.

What is the minimum SIP amount to invest in SBI Magnum Global Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Magnum Global Fund is 500.

How do I invest in SBI Magnum Global Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in SBI Magnum Global Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in SBI Magnum Global Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in SBI Magnum Global Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.