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 IDCW Reinvestment
The SBI Magnum Global Fund Direct Plan IDCW Reinvestment fund is a global equity fund managed by State Bank of India Mutual Fund. It is a type of fund that invests in a diversified portfolio of equity shares of companies listed in global markets. This is an open-ended investment scheme that provides the investor with an opportunity to invest at any time. The expense ratio of SBI Magnum Global Fund Direct Plan IDCW Reinvestment is higher compared to its category average.
Investment Objectives of the Scheme
The investment objective of the SBI Magnum Global Fund Direct Plan IDCW Reinvestment fund is to generate capital appreciation by investing in a diversified portfolio of global equity shares. The fund aims to achieve this by investing in companies that have the potential for growth and that are well-managed.
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 IDCW Reinvestment fund is suitable for investors who are looking for long-term growth and who have a high risk appetite. The fund is also suitable for investors who are looking for exposure to the global equity market. However, talk to your financial advisor and ensure that you are considering your investment objectives and risk appetite.
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 Global Fund Direct Plan IDCW Reinvestment?
What is the AUM of SBI Magnum Global Fund Direct Plan IDCW Reinvestment?
What is the expense ratio of SBI Magnum Global Fund Direct Plan IDCW Reinvestment?
What are the returns of SBI Magnum Global Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Magnum Global Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI Magnum Global 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 Magnum Global 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 Magnum Global 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 Magnum Global 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.