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SBI Magnum Global Fund

SBI Magnum Global Fund is an open ended equity thematic scheme investing in companies following the MNC theme. It is offered by SBI Mutual Fund. SBI Mutual Fund is an asset management fund house with its corporate headquarters in Mumbai, India. It was established as a joint venture between the State Bank of India, an Indian multinational, public sector banking and financial services company and Amundi, a European asset management company.

This scheme is suitable for investors who are seeking:

  • Long term capital appreciation
  • Investments in equity stocks of MNC companies

Note: All information has been sourced from the official website of SBI Mutual Fund.

Features of SBI Magnum Global Fund

The features of this fund are:

  • Investment Objective: The investment objective of this fund is to provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio comprising primarily of MNC companies
  • Investment Strategy: SBI Magnum Global Fund follows a bottom-up approach to stock-picking and selects companies across sectors/market capitalization which fall under the criteria of MNC. MNC Companies will be those:
  1. Major Shareholding is by foreign entity
  2. Indian companies having over 50% turnover from regions outside India
  3. Foreign listed Companies

The Fund has 95.37% investment in Indian stocks of which 49.54% is in large cap stocks, 23.39% is in mid cap stocks and 22.34% in small cap stocks.

Statistics of SBI Magnum Global Fund

NameSBI Magnum Global Fund
Type of SchemeOpen-ended equity scheme
Investment ObjectiveLong term capital appreciation by investing in a diversified portfolio comprising primarily of MNC companies
CategoryEquity: Thematic-MNC
Benchmark IndexNIFTY MNC TRI
LoadsEntry Load : Not applicable Exit Load: For exit within 12 months from the date of allotment - 1%; For exit after 12 months from the date of allotment - Nil.
Dividend PolicyDividend declaration under the dividend option of the scheme is subject to the availability of distributable surplus and at the recommendation of the AMC, subject to approval of the trustees and no returns are assured under the schemes.
Minimum Application Amount
  • Minimum Investment Amount: Rs. 5000/- and in multiples of Re. 1 thereafter
  • Additional Purchase Amount: Rs. 1000/- and in multiples of Re. 1 thereafter
  • Repurchase: Rs. 500/- or 1 Units or account balance whichever is lower
  • SIP
  • Weekly - Minimum Rs. 1000 & in multiples of Re. 1 thereafter for minimum 6 weeks
  • Monthly - Minimum Rs. 1000 & in multiples of Re. 1 thereafter for a minimum of 6 months (or) minimum Rs 500 & in multiples of Re. 1
  • thereafter for minimum one year
  • Quarterly - Minimum Rs. 1500 & in multiples of Re. 1 thereafter for minimum one year
  • Semi-Annual - Minimum Rs. 3000 & in multiples of Re. 1 thereafter for minimum of 4 instalments.
  • Annual - Minimum Rs. 5000 & in multiples of Re. 1 thereafter for minimum of 4 instalments
Plans/Options
  • Direct Plan:
  • Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund or through Registered Investment Advisor (RIA)
  • Regular Plan:
  • Both plans have growth and dividend option. Between Growth or Dividend option, the default will be treated as Growth. Dividend option will have Reinvestment, Payout and Transfer facilities. Between Reinvestment, Payout or Transfer, the default will be treated as Reinvestment.
Asset Allocation Pattern
  • Instruments: Equity and equity related companies within MNC space including derivatives and foreign securities#, Other equities and equity related instruments, Units issued by REIT/InVIT*, Debt instruments (including securitized debt), Money market instruments
  • Indicative Allocation (% of total assets): 80%-100%, 0%-20%, 0%-10%
  • Risk Profile: High, High, Medium to High, Low
Fund ManagerMr. Anup Upadhyay
RiskHigh
NAVRegular Growth - Rs. 178.3173 Direct Growth - Rs. 188.5469 NAV as on Nov 11, 2019
AUMRs. 3,832 crore (As on Oct 31, 2019)
Expense RatioActual expenses for the previous financial year ending
  • Scheme Name: SBI Magnum Global Fund
  • Regular Plan: 2.31%
  • Direct Plan : 1.42%
3 Yr Return Rate 11%
5 Yr Return Rate9.18%
10 Yr Return Rate9.81%
Lock-in PeriodNA

SBI Magnum Global Fund Performance

Quantitative Data as on 31-Oct-2019

Standard Deviation*13.93%
Beta*0.72
Expense Ratio**2.15

*Source: CRISIL Fund Analyser

*Risk Free rate: FBIL Overnight Mibor rate (9.39% as on 31-Oct-2019) basis for ratio calculation: 3 Years Monthly Data points

**Expense ratio exclusive of Service Tax on Management Fees

Last Dividends

Record DateDividend (In Rs. /Unit)*NAV (Rs.)
29 Nov 20175.154.506
25 Nov 2016545.0759
30 Oct 20155.149.98030
06 Jun 20145.738.07740

Compounded Annualized Growth Rate Performance

Fund NameLast 1 YearLast 3 YearLast 5 YearSince Inception(30/09/1994)
SBI Magnum Global Fund13.99%7.18%9.62%14.26%
Scheme Benchmark: - Nifty MNC TRI10.94%12.79%12.05%N.A.
Additional Benchmark: - S&P BSE Sensex TRI17.97%14.23%8.99%10.98%

Current Value of Standard Investment of Rs 10,000

Fund NameLast 1 YearLast 3 YearLast 5 YearSince Inception(30/09/1994)
SBI Magnum Global Fund1139912318.0715830.6283727.46
Scheme Benchmark: - Nifty MNC TRI1109414352.717669.47N.A.
Additional Benchmark: - S&P BSE Sensex TRI1179714909.2615380.4136813.52

Top Holdings of SBI Magnum Global Fund

Holdings as on 30/09/2019

Click here to know about top holdings of sbi magnum global fund

How to Invest in SBI Magnum Global Fund?

You can invest in SBI Magnum Global Fund by visiting the official website of SBI Mutual Fund. You need to register with a login ID and Password. Post registration, simply select the ‘Invest Now’ tab and choose ‘SBI Magnum Global Fund’ option. Enter your basic details along with PAN and select the mode of payment/amount. For SIP, you can select the frequency - monthly, quarterly, half-yearly or yearly. Once you have added your bank details, the amount will automatically get deducted from your account on a date specified by you.

For offline mode, you will have to physically visit any of the SBI Branches across India.

Documents Required for SBI Magnum Global Fund

The documents required for investing in SBI Magnum Global Fund are:

  1. Duly filled Application Form
  2. Proof of ID
  3. Proof of Address
  4. Bank Account Details - Statement
  5. SIP Mandate Form
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