FAQ : SBI Magnum COMMA Fund - Growth - Direct Plan

SBI Magnum COMMA Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 41.38 19.48 22.76 16.38
Average Rolling Returns(%) 19.55 17.31 14.71 15.77

The Current NAV of SBI Magnum COMMA Fund - Growth - Direct Plan is ₹96.71.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE SENSEX - TRI returns, as Funds portfolio is significantly different.

SBI Magnum COMMA Fund - Growth - Direct Plan fund’s expense ratio is 2.00%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Magnum COMMA Fund - Growth - Direct Plan is currently ₹553 Crores.

The Top three stocks are Reliance Industries, NTPC and Tata Steel and account for 24% of its portfolio. Top 5 and 10 stocks of fund account for 36% and 63% of fund’s portfolio respectively.

Top three sectors of SBI Magnum COMMA Fund - Growth - Direct Plan fund are Metals & Mining, Oil & Gas and Construction & Infrastructure accounting for 76% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Magnum COMMA Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - Other.

Richard Dsouza manages the SBI Magnum COMMA Fund - Growth - Direct Plan Fund.

SBI Magnum COMMA Fund - Growth - Direct Plan current PE ratio is 30.87 and PB ratio is 3.37

The asset allocation of SBI Magnum COMMA Fund - Growth - Direct Plan is Stocks : 92.25%, Debt : 7.76% and Gold : 0%

The minimum SIP amount for SBI Magnum COMMA Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for SBI Magnum COMMA Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days

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