November 8, 2022
mayank
SBI Magnum Midcap Fund
NAV Growth: Rs 165.7354
NAV IDCW: Rs 93.9626
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from 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. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s 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.
Fund Manager:
1) Sohini Andani
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 19.78% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 8,195 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 1.00% |
| (As on 30-Sep-2022) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 13.00% |
SBI Magnum Midcap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Magnum Midcap Dir | 8.15 | 0.33 | 0.63 | 5.26 | 12.27 | 9.44 | 30.34 | 14.82 | 15.63 | — |
| S&P BSE 150 MidCap TRI | 5.06 | 0.87 | 1.93 | 5.88 | 12.39 | 2.37 | 26.28 | 13.35 | 16.6 | — |
| Equity: Mid Cap | 5.44 | 0.55 | 1.43 | 5.73 | 13.01 | 4.35 | 25.32 | 13.53 | 15.81 | — |
| Rank within category | 6 | 28 | 28 | 22 | 21 | 4 | 3 | 7 | 10 | — |
| Number of funds in category | 30 | 36 | 34 | 32 | 32 | 29 | 24 | 20 | 19 | 0 |
SBI Magnum Midcap Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Magnum Midcap Dir | 4 star | 9.44 | 30.34 | 14.82 | 1.00 | 8,195 | 19.78 | 1.00 (365) | 9yrs 10mo | 13.00 |
| Kotak Emrgng Eqt Dir | 4 star | 8.79 | 27.21 | 15.98 | 0.48 | 21,996 | 20.37 | 1.00 (365) | 9yrs 10mo | 3.46 |
| Axis Midcap Dir | 5 star | -1.28 | 22.44 | 18.00 | 0.54 | 19,462 | 19.25 | 1.00 (365) | 9yrs 10mo | 24.00 |
| Nippon Ind Growth Dir | 4 star | 4.71 | 26.35 | 14.82 | 0.97 | 13,241 | 16.86 | 1.00 (30) | 9yrs 10mo | 96.00 |
| Mirae Asset Midcap Dir | 4 star | 3.73 | 27.84 | — | 0.57 | 8,439 | 28.96 | 1.00 (365) | 3yrs 3mo | 42.00 |
Portfolio Analysis
| No. of Stocks | 63 |
| Top 10 Stocks | 41.12% |
| Top 5 Stocks | 25.29% |
| Top 3 Sectors | 39.58% |
| Portfolio P/B Ratio | 4.73 |
| Portfolio P/E Ratio | 29.57 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 25,351 | 32,176 |
| Giant (%) | 1.26 | 5.59 |
| Large (%) | 23.57 | 15.66 |
| Mid (%) | 65.15 | 76.01 |
| Small (%) | 10.02 | 7.53 |
| Tiny (%) | — | 2.27 |
Chanakya’s Mutual Fund Guidance For SBI Magnum Midcap Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
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