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Loss Over Magnum Comma

The fund has been shedding value, but may recover over time

I had invested in SBI Magnum Comma when the net asset value (NAV) was Rs 25. It has been hovering around Rs 21.50 for a long time now. Will it come back to its earlier high?

It should recover, but it is difficult to put a timeline to it. There has been a recovery in the Comma fund after the losses it had booked earlier. It invests only in commodity companies. And the way the market is shaping up, if you remain invested in it for one, or one-and-a-half years, then you might derive profit.

Check Out Performance:
Magnum Comma

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