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SBI Magnum MultiCap Fund Direct-Growth rating rating rating rating rating

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

15.02%

3 Yrs CAGR returns

14.06%

5 Yrs CAGR returns

12.52%

NAV as on 15 Nov

₹ 53.96 by 0.24 ( 0.45%)

Expense ratio

1.10

Exit load

0.1%

Fund Size (Cr)

₹ 7582.94


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If ₹1000 invested for 1

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with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
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Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme would invest in equities and equity related instruments of companies spanning the entire market capitalization spectrum. The fund will invest 50-90 per cent in large-cap stocks, 10-40 per cent in mid-cap stocks and upto 10 per cent in small-cap stocks.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 31.52
Others 12.42
Energy 11.12
Construction 10.45
FMCG 5.77
Chemicals 5
Automobile 4.47
Engineering 4.42
Health Care 3.22
Services 2.58
Top 10 Sectors %
Banking 8.68
Banking 6.11
Others 4.77
Banking 4.2
Banking 3.85
Infrastructure 3.38
Banking 3.26
Others 3.19
Cars & Multi Utility Vehicles 3.06
Computer Software 2.95
Fund house details
Fund House SBI Mutual Fund
Fund Manager Richard D'souza
Fund Setup Date 01 Jan 2013
Address 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East)
Contact 022 - 61793000 / 1800 425 5425
Email ID customer.delight@sbimf.com
More About This Fund

What is SBI Magnum Multi Cap Fund?

SBI Magnum Multi Cap Fund is an open-ended equity mutual fund scheme by SBI Mutual Fund Asset Management Company (AMC) that invests across the market capitalization spectrum. It is classified as an equity scheme (according to the rules of SEBI) because it invests 65% of its assets in equities and equity related instruments. Its riskometer is moderately high. Its CRISIL Rank is 3 in the Multi Cap Category and has remained unchanged for the last quarter.

This multi cap fund as it invests in company stocks of large cap, mid cap and small cap funds. Mr. Anup Upadhyay is the Fund Manager of SBI Magnum Multi Cap Fund for the past two years and comes with 11 years of experience. Its current Net Asset Value (NAV) is Rs. 50.394 (growth plan, as on October 29) and total AuM (Asset under Management) is Rs. 8,078.69 Crore.

The fund aims to provide investors with an opportunity for long-term growth in capital through an active management of a diverse portfolio while ensuring sufficient liquidity. As an open-ended fund, it is easy to redeem the plan anytime without any exit load (the fee charged for redemption of a plan and withdrawal of money from the fund). However, 1% is charged if redeemed in less than a year.

Who Should Invest?

  • Investors looking to capitalize on high returns from equity investments
  • Investors seeking optimum portfolio composition and maximum benefits from investments in stocks of multiple capitalizations across the market
  • Investors ready to bear moderately high risks

What You Could Gain?

  • High returns from equity investments and long term capital appreciation
  • A diversified basket of stocks with risk minimization

What You Could Lose?

There are associated market risks with equities when they may not perform as expected, especially in a bearish market. Small and mid cap stocks may not give returns as expected when the markets go down. Similarly, large cap stocks too may underperform under such circumstances.

Investment Portfolio

SBI Magnum Mutli Cap Fund focuses mainly on equity investments with around 65% of the assets allocated to it. Around 35% of the corpus is invested in Debt and other money market instruments. It is involved majorly in sectors of Financial Services, Energy, Consumer Goods, IT, Automobile and Construction. Its major holdings include HDFC Bank, Axis Bank, Kotak Mahindra Bank, Infosys, Larsen & Toubro, Gujarat State Petronet Ltd., Maruti Suzuki and Bharat Petroleum Corporation Limited.

Around 50% to 90% of the assets are involved in Large Cap stocks, while 10% to 40% is allocated to Mid Cap and less than 10% to Small Cap. Its performance

Taxation – How Will They be Taxed?

As per taxation laws, long term capital gains, more than Rs 1 lakh, made on sale of units after 1 year from the date of allotment are taxed at the rate of 10% (without indexation). On the other hand, the short-term capital gains within 1 year from the date of allotment are taxed at the rate of 15%.

How to Invest in SBI Magnum Multi Cap Fund?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘Mutli Cap Funds’
  • Type and search directly by the name of SBI Magnum Multi Cap Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
  • Click on ‘Invest Now’, select either Lump sum or SIP

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FAQs

Q. What is the meaning of multi cap?
A. SEBI classifies all Indian companies on the basis of their capital accruement. It is classified in to large, medium and small companies. The top 100 are large, the next 250 are medium sized and the rest are small ones. When a fund invests in companies of multiple types of capitalizations, it is known as a multi capitalization fund or multi cap fund.

Q. Does SBI Magnum Multi Cap Fund come under Section 80C or offers tax benefits?
A. Axis Multi Cap Mutual Fund is not a tax saver fund and does not come under Section 80C.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered an efficient and convenient mode of investment that is profitable for long-term investors. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.

Q. What is Exit Load?
A. Exit Load is the fee charged from an investor when he decides to quit the scheme and redeem his money. Generally, there is some penalty charged only if funds are redeemed in less than 365 days, otherwise there are usually no charges.

Q. What is Expense Ratio?
A. It is the fee charged from the investor for managing his fund money and allocating it to the stocks that can help him earn returns.

Q. What is Direct Mutual Fund?
A. A Direct Mutual Fund is where there is no broker/mediator involved to help the investor select the fund for investing. In a Regular Plan, the Expense Ratio is more than in a Direct Plan, as there are additional charges for the mediator.