SBI Magnum Midcap Fund - Regular Plan - Growth
Fund House: SBI Mutual Fund| Category: Equity: Mid Cap |
| Launch Date: 29-03-2005 |
| Asset Class: Equity |
| Benchmark: NIFTY Midcap 150 TRI |
| TER: 1.75% As on (31-08-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 12,555.2 Cr As on (31-08-2023) |
| Turn over: 12% | Exit Load: Exit load of 1% if redeemed within 1 year |
179.6472
0.43 (0.2372%)
16.89%
Benchmark: 17.23%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 14.75 |
| Sharpe Ratio | 1.8 |
| Alpha | 4.25 |
| Beta | 0.88 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| SBI Magnum Midcap Fund - Regular Plan - Growth | 29-03-2005 | 22.65 | 16.15 | 35.25 | 20.33 | 22.08 |
| HDFC Mid-Cap Opportunities Fund - Growth Plan | 05-06-2007 | 35.28 | 19.77 | 35.09 | 19.49 | 22.76 |
| Taurus Discovery (Midcap) Fund - Regular Plan - Growth | 05-09-1994 | 34.35 | 14.62 | 27.4 | 17.49 | 20.84 |
| Mahindra Manulife Mid Cap Fund - Regular Plan - Growth | 05-01-2018 | 32.14 | 15.48 | 32.47 | 19.33 | - |
| Nippon India Growth Fund-Growth Plan-Growth Option | 05-10-1995 | 31.12 | 15.85 | 34.18 | 21.15 | 20.55 |
| Tata Mid Cap Growth Fund Regular Plan- Growth Option | 01-07-1994 | 28.67 | 13.3 | 29.27 | 19.21 | 21.41 |
| Quant Mid Cap Fund - Growth Option - Regular Plan | 26-02-2001 | 27.58 | 20.08 | 38.21 | 23.48 | 17.84 |
| WhiteOak Capital Mid Cap Fund Regular Plan Growth | 07-09-2022 | 27.51 | - | - | - | - |
| Invesco India Midcap Fund - Growth Option | 19-04-2007 | 25.54 | 11.66 | 26.99 | 17.49 | 21.65 |
| Mirae Asset Midcap Fund - Regular Plan-Growth Option | 01-07-2019 | 25.38 | 13.12 | 33.34 | - | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments of mid cap companies - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
17.44%
Others
8.49%
Large Cap
9.63%
Mid Cap
64.44%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
