Fund Overview
Fund Size
₹21,517 Cr
Expense Ratio
0.78%
ISIN
INF200K01TP4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
SBI Magnum Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 11 years, 8 months and 6 days, having been launched on 01-Jan-13.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹269.32, Assets Under Management (AUM) of 21516.89 Crores, and an expense ratio of 0.78%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹269.32, Assets Under Management (AUM) of 21516.89 Crores, and an expense ratio of 0.78%.
- SBI Magnum Midcap Fund Direct Growth has given a CAGR return of 24.24% since inception.
- The fund's asset allocation comprises around 93.88% in equities, 0.00% in debts, and 6.12% in cash & cash equivalents.
- You can start investing in SBI Magnum Midcap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+35.76%
+47.93% (Cat Avg.)
3 Years
+23.92%
+24.77% (Cat Avg.)
5 Years
+30.82%
+29.95% (Cat Avg.)
10 Years
+19.10%
+18.76% (Cat Avg.)
Since Inception
+24.24%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹20,199.83 Cr | 93.88% |
| Others | ₹1,317.06 Cr | 6.12% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹1,210.77 Cr | 5.73% |
| Torrent Power Ltd | Equity | ₹964.91 Cr | 4.57% |
| CRISIL Ltd | Equity | ₹673.02 Cr | 3.19% |
| Carborundum Universal Ltd | Equity | ₹670.33 Cr | 3.17% |
| Sundaram Finance Ltd | Equity | ₹644.45 Cr | 3.05% |
| Voltas Ltd | Equity | ₹615.04 Cr | 2.91% |
| Thermax Ltd | Equity | ₹608.62 Cr | 2.88% |
| Schaeffler India Ltd | Equity | ₹608.13 Cr | 2.88% |
| Coromandel International Ltd | Equity | ₹581.7 Cr | 2.75% |
| The Federal Bank Ltd | Equity | ₹525.63 Cr | 2.49% |
| K.P.R. Mill Ltd | Equity | ₹521.94 Cr | 2.47% |
| L&T Technology Services Ltd | Equity | ₹508.92 Cr | 2.41% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹507.24 Cr | 2.40% |
| AIA Engineering Ltd | Equity | ₹477.8 Cr | 2.26% |
| Indian Hotels Co Ltd | Equity | ₹449.44 Cr | 2.13% |
| Jubilant Foodworks Ltd | Equity | ₹449.16 Cr | 2.13% |
| Bajaj Finance Ltd | Equity | ₹408.42 Cr | 1.93% |
| Page Industries Ltd | Equity | ₹407.01 Cr | 1.93% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹396.65 Cr | 1.88% |
| Berger Paints India Ltd | Equity | ₹387.88 Cr | 1.84% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹372.47 Cr | 1.76% |
| Phoenix Mills Ltd | Equity | ₹359.72 Cr | 1.70% |
| Sona BLW Precision Forgings Ltd | Equity | ₹357.15 Cr | 1.69% |
| Procter & Gamble Hygiene and Health Care Ltd | Equity | ₹338.09 Cr | 1.60% |
| Sheela Foam Ltd | Equity | ₹332.63 Cr | 1.57% |
| JK Cement Ltd | Equity | ₹315.27 Cr | 1.49% |
| Bharat Forge Ltd | Equity | ₹305.79 Cr | 1.45% |
| Aether Industries Ltd | Equity | ₹292.07 Cr | 1.38% |
| FSN E-Commerce Ventures Ltd | Equity | ₹289.49 Cr | 1.37% |
| Jupiter Life Line Hospitals Ltd | Equity | ₹285.33 Cr | 1.35% |
| Grindwell Norton Ltd | Equity | ₹284.74 Cr | 1.35% |
| Oberoi Realty Ltd | Equity | ₹275.73 Cr | 1.31% |
| Endurance Technologies Ltd | Equity | ₹268.63 Cr | 1.27% |
| UNO Minda Ltd | Equity | ₹263.14 Cr | 1.25% |
| Info Edge (India) Ltd | Equity | ₹256.53 Cr | 1.21% |
| Alkem Laboratories Ltd | Equity | ₹244.71 Cr | 1.16% |
| Motherson Sumi Wiring India Ltd | Equity | ₹242.41 Cr | 1.15% |
| Indian Energy Exchange Ltd | Equity | ₹230.53 Cr | 1.09% |
| Coforge Ltd | Equity | ₹229.9 Cr | 1.09% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹220.33 Cr | 1.04% |
| Relaxo Footwears Ltd | Equity | ₹217.18 Cr | 1.03% |
| Godrej Properties Ltd | Equity | ₹209.27 Cr | 0.99% |
| HDFC Asset Management Co Ltd | Equity | ₹205.86 Cr | 0.97% |
| Mankind Pharma Ltd | Equity | ₹202.81 Cr | 0.96% |
| SKF India Ltd | Equity | ₹196.99 Cr | 0.93% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹186.06 Cr | 0.88% |
| TIPS Industries Ltd | Equity | ₹181.19 Cr | 0.86% |
| Honeywell Automation India Ltd | Equity | ₹178.17 Cr | 0.84% |
| PI Industries Ltd | Equity | ₹177.23 Cr | 0.84% |
| Go Digit General Insurance Ltd | Equity | ₹156.9 Cr | 0.74% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹150.59 Cr | 0.71% |
| Ramco Cements Ltd | Equity | ₹142.77 Cr | 0.68% |
| HDFC Bank Ltd | Equity | ₹135.12 Cr | 0.64% |
| Pfizer Ltd | Equity | ₹116.43 Cr | 0.55% |
| Sanofi India Ltd | Equity | ₹116.17 Cr | 0.55% |
| Laurus Labs Ltd | Equity | ₹113.66 Cr | 0.54% |
| Hatsun Agro Product Ltd | Equity | ₹108.34 Cr | 0.51% |
| Whirlpool of India Ltd | Equity | ₹107.85 Cr | 0.51% |
| Natco Pharma Ltd | Equity | ₹102.18 Cr | 0.48% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹99.55 Cr | 0.47% |
| Nuvoco Vista Corp Ltd | Equity | ₹95.76 Cr | 0.45% |
| Mahindra Lifespace Developers Ltd | Equity | ₹79.91 Cr | 0.38% |
| G R Infraprojects Ltd | Equity | ₹71.18 Cr | 0.34% |
| Persistent Systems Ltd | Equity | ₹65.75 Cr | 0.31% |
| Tatva Chintan Pharma Chem Ltd | Equity | ₹64.75 Cr | 0.31% |
| Prism Johnson Ltd | Equity | ₹59.97 Cr | 0.28% |
| National Aluminium Co Ltd | Equity | ₹58.27 Cr | 0.28% |
| 364 DTB 12092024 | Bond - Gov't/Treasury | ₹49.63 Cr | 0.23% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.56 Cr | 0.23% |
| Sanofi Consumer He | Equity | ₹38.04 Cr | 0.18% |
| Net Receivable / Payable | Cash - Collateral | ₹-28.84 Cr | 0.14% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹25.13 Cr | 0.12% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹12.1 Cr | 0.06% |
| TVS Motor Co Ltd | Equity | ₹0.25 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
7.25%
Mid Cap Stocks
71.61%
Small Cap Stocks
14.10%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹5,006.26 Cr | 23.70% |
| Financial Services | ₹3,552.29 Cr | 16.81% |
| Industrials | ₹3,475.34 Cr | 16.45% |
| Basic Materials | ₹2,175.65 Cr | 10.30% |
| Healthcare | ₹1,908.85 Cr | 9.03% |
| Utilities | ₹964.91 Cr | 4.57% |
| Real Estate | ₹924.63 Cr | 4.38% |
| Technology | ₹804.57 Cr | 3.81% |
| Communication Services | ₹537.27 Cr | 2.54% |
| Consumer Defensive | ₹446.43 Cr | 2.11% |
Risk & Performance Ratios
Standard Deviation
This fund
12.06%
Cat. avg.
14.34%
Lower the better
Sharpe Ratio
This fund
1.43
Cat. avg.
1.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.62
Higher the better
Fund Managers
BV
Bhavin Vithlani
Since April 2024
PK
Pradeep Kesavan
Since April 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF200K01TP4 | Expense Ratio | 0.78% | Exit Load | 1.00% | Fund Size | ₹21,517 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1459.13 Cr | 45.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1459.13 Cr | 48.1% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹14445.55 Cr | 60.6% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹17454.59 Cr | 41.0% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹17454.59 Cr | 42.6% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30854.63 Cr | 43.9% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3292.76 Cr | 54.8% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3292.76 Cr | 52.5% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4466.53 Cr | 44.2% |
About the AMC
Total AUM
₹10,76,433 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of SBI Magnum Midcap Fund Direct Growth?
The NAV of SBI Magnum Midcap Fund Direct Growth, as of 06-Sep-2024, is ₹269.32.
What are the returns of SBI Magnum Midcap Fund Direct Growth?
The fund has generated 35.76% over the last 1 year and 23.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of SBI Magnum Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 93.88% in equities, 0.00% in bonds, and 6.12% in cash and cash equivalents.
Who manages the SBI Magnum Midcap Fund Direct Growth?
The fund managers responsible for SBI Magnum Midcap Fund Direct Growth are:-
- Bhavin Vithlani
- Pradeep Kesavan
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.