VR Logo

1 star

SBI Magnum Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment declined to
₹ 0.89 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.45 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -4.43 -0.67 -0.67 8.69 24.37 -7.59 -3.04 -3.86 3.11 16.29 --
S&P BSE 150 MidCap TRI -7.79 -1.17 -2.33 5.32 21.23 -10.76 -3.10 -1.36 5.97 14.51 --
Equity: Mid Cap -7.20 -0.76 -1.35 5.29 17.83 -9.82 -2.77 -0.67 5.35 16.70 --
Rank within category 6 12 3 2 1 8 11 19 16 12 --
Number of funds in category 26 27 27 27 27 26 23 21 19 17 0

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Midcap Fund - Direct Plan  | Invest Online
1 star
Jan-13 -3.04 -3.86 3.11 1.22 3,279
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.46 2.35 8.61 1.00 6,962
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.55 0.43 7.84 0.63 6,449
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -5.23 -2.48 7.29 0.75 5,699
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 7.10 9.17 8.58 0.55 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.01 (16-May-2014 - 23-May-2014) -19.37 (16-Mar-2020 - 23-Mar-2020)
Month 18.30 (22-May-2020 - 23-Jun-2020) -35.78 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.21 (24-Mar-2020 - 23-Jun-2020) -29.48 (03-Jan-2020 - 03-Apr-2020)
Year 105.06 (03-Sep-2013 - 03-Sep-2014) -31.74 (31-Mar-2019 - 30-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -0.80 25.16 -0.24 -0.26 0.96 -3.26
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 2.63 23.14 -0.11 -0.12 0.88 -0.05
Rank within category 20 22 20 20 22 20
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 45
Top 10 Stocks (%) 46.64
Top 5 Stocks (%) 28.85
Top 3 Sectors (%) 42.62
Portfolio P/B Ratio 2.79
Portfolio P/E Ratio 20.18

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 10,789 18,097
Giant (%) -- 8.21
Large (%) -- 9.62
Mid (%) 79.59 74.80
Small (%) 20.36 11.00
Tiny (%) 0.05 0.43

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Sheela Foam Textiles 36.34 7.84 3.11 6.91
down PI Industries Chemicals 57.83 9.08 2.50 6.41
equal Coromandel International Chemicals 21.18 5.52 0.00 5.52
down Godrej Properties Construction 84.19 6.30 0.00 5.28
down Dixon Technologies Engineering 61.55 5.03 0.00 4.74
down Gujarat State Petronet Energy 6.84 5.05 0.00 4.15
equal Alembic Pharmaceuticals Healthcare 21.75 3.74 0.00 3.48
equal Carborundum Universal Metals 17.03 4.73 3.04 3.44
equal Hexaware Technologies Technology 15.79 4.49 0.00 3.37
equal The Ramco Cements Construction 25.56 4.60 3.25 3.35
equal Page Industries Textiles 64.71 3.57 0.00 3.34
down Cholamandalam Invest. & Fin. Financial 15.94 5.93 3.24 3.27
equal Sanofi India Healthcare 43.69 3.73 1.59 3.20
equal JK Cement Construction 22.79 3.03 0.00 3.03
equal Thermax Engineering 43.71 3.87 1.54 2.67
equal Endurance Technologies Automobile 22.26 2.39 0.00 2.39
equal Schaeffler India Engineering 33.01 3.32 1.18 2.21
equal Crompton Greaves Consumer Electricals Cons Durable 30.52 2.45 0.00 2.19
equal Natco Pharma Healthcare 26.60 2.18 0.28 2.11
equal SKF India Engineering 27.59 2.20 1.30 1.79
equal Strides Pharma Science Healthcare 102.21 3.68 1.19 1.67
equal M&M Financial Services Financial 11.38 3.66 1.46 1.63
equal Solara Active Pharma Sciences Healthcare 15.79 1.45 0.00 1.45
equal Federal Bank Financial 6.62 3.58 1.30 1.31
equal Indian Hotels Services 26.64 2.31 0.00 1.19

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Sohini Andani since 01-Jan-2013

Education: Ms. Andani is a B.Com (H) and C.A.

Experience: Prior to joining SBI Mutual Fund she has worked with ING Investment Management Pvt. Ltd., ASK Raymond James & Associates Pvt. Ltd., LKP Shares & securities Ltd., Advani Share Broker Pvt. Ltd., CRISIL, and K R Choksey Shares & Securities Pvt. Ltd.

Funds Managed:


-0.67%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 72.4324

Dividend: ₹ 41.0655


Investment Strategy

The scheme aims to provide investors with opportunities for long term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of Midcap companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 13.44%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,279 Cr (As on 30-Jun-2020)
Expense: 1.22% (As on 31-May-2020)
Risk Grade: High
Return Grade: Low
Turnover: 26.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-Mar-20182.6000

 30-Jun-20163.5000
 20-Mar-20156.8000

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM