SBI MAGNUM EQUITY ESG FUND-REG(G)

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

SBI MAGNUM EQUITY ESG FUND-REG(G)

market linked 32.16 % 15.35 % 14.79 %

BenchMark : NIFTY100 ESG - TRI

BenchMark Return 38.21 15.94 16.27

Value of Rs. 1,00,000 Invested

current value 132160 153480 199306
scheme objective The objective of the schemes to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental, Social and Governance (ESG) criteria.The Fund aims at achieving its objectives by aligning itself to its Responsible Investment Policy and using ESG assessments of constituent companies to minimise risks arising from ESG factors and deliver risk-adjusted returns to the investors. The fund uses negative screening, ESG integration and best-in-class approaches for stock selection.
Category Mutual Fund > Equity > Sectoral / Thematic
Fund Type Open Ended
Fund Manager Rohit Shimpi
Minimum Amount for Lumpsum Investment (Rs.) 1000
Minimum Amount for SIP Investment (Rs.) 1000
Nav Date 27/03/2024
Nav 205.35
AUM (Cr.) 5482.19
AUM Date 29/02/2024
Expense Ratio Currently 2
Expense Ratio Date Currently 29/02/2024
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load 1% on or before 1Y, Nil after 1Y
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment Not Available
Withdrawal Anytime
Pros Large Cap Bias
Cons Defensive
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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