SBI Magnum Midcap Fund (G)

2
Mid Cap NAV 71.6960 0.446 14 June, 2019
  • 12.5%
  • 5Y 11M

SBI Magnum Midcap Fund Growth is an open-ended scheme, invests predominantly in equity and equity-related securities of mid-cap companies. For ensuring a minimum amount of liquidity, it also invests its corpus in debt and money-market securities. SBI Magnum Mid cap Fund aims to provide the long-term capital growth to investors with the appetite of tolerating of moderately high-risk. SBI Magnum MidCap Fund G follows the bottom-up approach for picking the stocks and choosing companies across sectors.

Fund Details

Category Mid Cap
Fund Type Open Ended
Investment Plan Growth
Launch Date 29 March, 2005
Benchmark NIFTY Midcap 150
Asset Size(Cr) 3636.7 (As on Apr 30, 2019)
Min Investment ₹ 5000
Min SIP Investment ₹ 500
Min Addl Investment ₹ 1000
Exit Load 1 % For 365 Days
Expense Ratio 1.98% (As on Apr 30, 2019)
Fund Manager Sohini Andani

Investment Returns (As on 14 Jun, 2019)

  • 3 Month -1.77%
  • 6 Month 2.04%
  • 1 Year -5.16%
  • 3 Year 3.68%
  • 5 Year 12.5%
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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
SBI Magnum Midcap Fund (G) -5.16% 3.68% 12.5%
Axis Mid Cap Fund (G) 4.23% 13.85% 13.44%
L&T Midcap Fund (G) -7.56% 13.5% 15.9%
DSP Midcap Fund (G) -2.11% 11.99% 14.69%
HDFC Mid-Cap Opportunities Fund (G) -5.7% 11.52% 14.01%
Kotak Emerging Equity Scheme (G) -2.29% 11.36% 16.93%

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SBI Magnum Midcap Fund Growth : Enhancing Returns & Growth

SBI Midcap Fund G was launched in March 2005  and has delivered 18.1% returns since its inception. It has Rs.2,623 crore Assets under Management (AUM) as on August 31st, 2016, with an expense ratio of 2.07%. Sohini Andani is the fund manager of this scheme and managing the portfolio outstandingly. SBI Magnum Midcap Fund Growth has constantly outperformed the other schemes of sbi midcap fund category over the last five years.

SBI Magnum MidCap Fund is an open-ended scheme that aims to provide opportunities for long-term capital growth to the investors. In addition, SBI midcap fund also offers liquidity of funds along with the flexibility of redeeming the same. This fund mainly invests the money in the stocks of the companies having medium market capitalisation with a well-diversified portfolio. The risk associated with sbi magnum midcap fund g online investment strategy is comparatively higher but also promises to yield maximum returns.

So, the investors who are seeking long-term investments in the diversified basket of equity stocks in order to fetch capital appreciation and have the capacity to bear risk appetite can invest their money in the SBI Midcap Fund Growth online. It would definitely help them attain the financial goals, along with many other benefits. Here we provide an overview of sbi magnum midcap fund plan, to let you know about its proficiency of building one’s future.

SBI Magnum Midcap Fund Investment Details

Mid-cap mutual funds are known to provide high returns in the long term investment. SBI Magnum Midcap Fund was launched with the same objective in March 2005 by SBI Mutual Fund. The AMC has always implemented innovative strategies to provide better gains than other schemes in the category of mid-cap. The AUM of the scheme has been increasing despite the volatile trends in the mid-cap equity market as a large mass of investors trust one of the oldest and prominent asset management companies in India. The minimum investment amount for this fund is Rs.5000 and one can invest in it via lump sum payment or through SIP.

Features of SBI Magnum Midcap Fund

  • SBI Magnum Midcap Fund invests predominantly in stocks of mid-cap companies.
  • By investing in SBI Magnum Midcap Fund, one can take advantage of the growth in mid-cap industries.
  • It is managed solely by the fund manager, Ms Sohini Andani, since July 2010.
  • It has delivered better gains than the category average and benchmark in the long term investment.
  • It is an open-ended scheme but 1% will be charged if redemption is made within 365 days after investment.
  • It is less volatile than the majority of the mid-cap funds in India.
  • The fund comes from the house of SBI Mutual Fund which is one of the highly trusted AMCs in India.
  • The investment style is a blend of growth and value investing.
  • The SIP option allows investors to gain better returns conveniently and reduces the risk.
  • It is ideal for investors with moderate to high risk appetite seeking long term gains.
  • SBI Magnum Midcap Fund charges a lower expense ratio than most of the other schemes in the category.

Performance Analysis of SBI Magnum Midcap Fund

The scheme is a good performer in the industry and holds the second rank under the  mid cap category as per rating assigned by CRISIL for quarter ended in June 2016. Its performance since inception has been consistent due to the high-yielding returns offered. In the year 2012, This fund offered absolute annual returns around 48.3%, which upheld its market position. SBI magnum midcap growth fund has made tremendous investments which capacitate the proficiency of offering higher values. The annualised returns for three and five years investment are 41.9% and 27.4%. Accordingly, one can put the money in sbi midcap fund strategy to earn great wealth in the future. It would definitely yield high growth to capital in the long run.

SBI Magnum Mid Cap Fund G : Portfolio Analysis

By making any purchase in SBI Magnum Midcap Fund, the money will be mainly invested in mid-cap stocks of multiple companies. The fund manager Ms Andani also invests a decent proportion of the corpus in small-cap companies. The stocks are selected from cyclical, defensive, as well as sensitive sectors to maintain diversification in the portfolio. This diversification helps the fund manager to reduce the volatility as different sectors behave differently under different market conditions. SBI Magnum Midcap Fund has a very minor allocation in the large-cap stocks but still, the volatility is moderate. In the last few years, it has slipped in the ratings as the market conditions weren’t supportive of mid-caps. For the same reasons, it is always suggested to invest for more than 5 years in the mid-cap mutual funds. 

Consequently, SBI Magnum Midcap Growth Plan as offered by SBI mutual funds holds all the major traits required to make a filthy investment and earn capital appreciation in the future.

Who Should Invest?

SBI Magnum Midcap Fund has shown lower volatility than most of the peers but belongs to the mid-cap category and the returns can be volatile for short term. The fund is suitable for investors who can tolerate moderate to high risk in the short term. The investment must be done with an objective of more than 5 years to gain better returns. Investors can use the SIP calculator at MySIPonline to predict the capital gain in a known tenure. Due to the aggressive portfolio, SIP investment should be the ideal mode of investment as it reduces the risk in the long term. For a pleasurable investment experience, investors can take suggestions from the financial experts at MySIPonline.

SBI Magnum Midcap Fund has been a top-performing scheme in the positive market cycles and can be chosen for long term capital appreciation and wealth creation. The fact that it is provided by one of the oldest and most trustworthy asset management companies in India is another reason why this scheme can be trusted for long term capital gains.

If you too are seeking long-term investment in the best strategy for appreciating the worth of your money and creating a fortune for yourself. We highly recommend sbi magnum midcap nav plan as its performance and our research have proved that it yields the definite returns and can offer the desired growth to the investors in the future. you shoulda also check 5 Best Mid Cap Funds to Invest in 2018

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