FAQ : SBI Magnum Global Fund - Growth - Direct Plan

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 14.97 11.08 17 12.46
Average Rolling Returns(%) 17.62 17.05 15.79 15.62

The Current NAV of SBI Magnum Global Fund - Growth - Direct Plan is ₹416.89.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY MNC returns, as Funds portfolio is significantly different.

SBI Magnum Global Fund - Growth - Direct Plan fund’s expense ratio is 1.18%

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 Global Fund - Growth - Direct Plan is currently ₹6,879 Crores.

The Top three stocks are Alphabet Inc., Divis Lab and Lonza Group and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 30% and 51% of fund’s portfolio respectively.

Top three sectors of SBI Magnum Global Fund - Growth - Direct Plan fund are Others, FMCG and Textile accounting for 49% 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 - MNC 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 Global Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - MNC.

R. Srinivasan and Tanmaya Desai manage the SBI Magnum Global Fund - Growth - Direct Plan Fund.

SBI Magnum Global Fund - Growth - Direct Plan current PE ratio is 75.59 and PB ratio is 15.39

The asset allocation of SBI Magnum Global Fund - Growth - Direct Plan is Stocks : 94.86%, Debt : 5.15% and Gold : 0%

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

The exit load for SBI Magnum Global Fund - Growth - Direct Plan is 1% on or before 12 months, Nil after 12 months

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