3 Year return
9.43%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6878.56 Cr.
Expense Ratio
1.18% (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
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
R Srinivasan
Fund Manager since Apr 2022
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 |
27.38% |
0 |
DSP Healthcare Fund |
23.77% |
0 |
ICICI Prudential Commodities Fund |
19.24% |
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 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 | 16.17% |
Expense Ratio | 1.18% |
Fund Manager | R Srinivasan |
Fund Size | ₹6878.56 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 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
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What are the returns of SBI Magnum Global Fund since inception?
What is the minimum SIP amount to invest in SBI Magnum Global Fund?
How do I invest in SBI Magnum Global 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 Global 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 Global 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 Global 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.