Fund Analysis

Solid, Sustained Performer

The first equity fund from SBI, SBI Magnum Equity has outperformed its benchmark steadily…

We like this fund’s steady outperformance compared to the benchmark Nifty over the past ten years barring 2008. The first equity fund from SBI, it was launched in 1990 as Magnum Multiplier Plus ‘90 and turned open-ended in January 1998. Strategy Starting as a multi-cap fund, this fund was classified large-cap in 2002. However, for a brief time on two occasions from September 2004 to May 2005 and September 2008 to November 2009, this fund was classified as a large- and mid-cap fund.

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