SBI MAGNUM MIDCAP FUND-REG(G)

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

SBI MAGNUM MIDCAP FUND-REG(G)

market linked 44.43 % 23.92 % 22.29 %

BenchMark : Nifty Midcap 150 - TRI

BenchMark Return 60.16 27.15 23.70

Value of Rs. 1,00,000 Invested

current value 144430 190293 273498
scheme objective To provide investors with opportunities for long-term growth in capital alongwith the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap companies. Midcap companies are those companies whose market capitalization at the time of investment is lower than the last stock in the S&P CNX Nifty Index less 20% (upper range) and above Rs. 200 crores.
Category Mutual Fund > Equity > Mid Cap Fund
Fund Type Open Ended
Fund Manager Sohini Andani
Minimum Amount for Lumpsum Investment (Rs.) 5000
Minimum Amount for SIP Investment (Rs.) 5000
Nav Date 27/03/2024
Nav 201.35
AUM (Cr.) 16458.73
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
Cons
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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