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SBI Magnum MultiCap Fund Direct-Growth SBI Magnum MultiCap Fund Direct-Growth SBI Magnum MultiCap Fund Direct-Growth SBI Magnum MultiCap Fund Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 1000 1 rating rating rating rating rating SBI Magnum MultiCap Fund Direct-Growth 4 5

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

-19.15%

3 Yrs CAGR returns

-0.48%

5 Yrs CAGR returns

5.62%

NAV as on 29 May

₹ 43.26 by 0.63 ( 1.47%)

Expense ratio

1.01

Exit load

0.1%

Fund Size (Cr)

₹ 7582.94


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Performance Graph*
Returns Calculator
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If ₹1000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
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 26.97
Energy 12.13
Technology 9.73
Construction 7.44
FMCG 6.78
Health Care 6.1
Chemicals 4.67
Automobile 4.26
Communication 3.65
Metals 2.78
Top 10 Sectors %
Banking 9.09
Banking 6.79
Computer Software 6.11
Tobacco Prod. 4.6
Others 4.22
Banking 3.81
Banking 3.75
Telecom.Services 3.65
Computer Software 3.62
Infrastructure 3.26
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

About 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 invests 65% of its assets in equities and equity related instruments while 35% of the corpus is invested in Debt and other money market instruments.

This multi cap fund as it invests in company stocks of large cap, mid cap and small cap funds. 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. 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.

Who Should Invest?

  • Investors looking to capitalize on high returns from equity investments and long term capital appreciation
  • 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

Risks

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. This fund is for investors with moderate risk appetite.

Will You Pay Tax?

If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.

Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.

It should be noted that the investment in ELSS remains locked-in for 3 years.

The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.

Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.

Also Read: How to Exit and Redeem Mutual Fund Units?

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. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A.
SIP (Systematic Investment Plan) is considered efficient and convenient mode of investment that is beneficial in the long term investment. It also reduces financial burden as one needs to invest periodically and provides the benefit of rupee averaging cost.

Q. What is the entry load for this fund?
A.
There is no applicable entry load on the aforementioned fund.

Q. What is the exit load for this scheme?
A.
If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.

Q. Is there any lock-in period for investment in this scheme?
A.
No. Investors can redeem their investment as per their wish and needs.

Q. What is the fund manager’s style of investment?
A.
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 who strategically invests in a diversified basket of stocks for risk minimization along with wealth creation in the long run. It is involved majorly in sectors of Financial Services, Energy, Consumer Goods, IT, Automobile and Construction.