Our Opinion
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Clear AllAs per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
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Rating |
Our Opinion |
Risk
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Return (%) |
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Expense Ratio (%)
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|---|---|---|---|---|---|---|
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Very High
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1.27 |
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Very High
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1.35 |
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Very High
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1.37 |
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Very High
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1.42 |
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|
Very High
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1.42 |
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About Magnum Equity Linked Scheme 96
Magnum Equity Linked Scheme 96 is a equity mutual fund scheme of SBI Mutual Fund. Launched on April 01, 1996, it is currently managed by . The fund has an expense ratio of --% with an overall AUM (Assets Under Management) of ₹10 Cr.
The fund allows minimum lumpsum investment of ₹-- and minimum SIP of ₹--.
5 min read•By Research Desk
1 min read•By Value Research
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Magnum Equity Linked Scheme 96 through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Magnum Equity Linked Scheme 96 can be bought from the SBI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Magnum Equity Linked Scheme 96, is ₹30.5800 as of 02-Apr-2026.
Over the past five years, Magnum Equity Linked Scheme 96 has delivered an annualised return of --% as of 02-Apr-2026.
The minimum investment required to start investing in Magnum Equity Linked Scheme 96 is ₹ for the lump sum option and ₹ for the SIP (Systematic Investment Plan) option.