SBI Magnum Multicap Fund

SBI Magnum Multicap Fund aims to gain long-term capital growth by actively managing investments in a diversified portfolio of equity stocks. The fund follows a bottom-up approach for choosing stocks and companies across multiple market caps. A maximum of 65% of the assets are invested in equity and equity-related investments and 35% in debt and money market securities.

Investment Plans

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Under sec 80C & 10(10D)
₹1 Crore
Invest ₹10k per month*
Zero LTCG Tax

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Types of Funds

The fund has two types:

Regular Plan
Direct Plan

The regular plan is meant for investors who wish to route their investment through any distributor.

The direct plan is only for investors who purchase units in a scheme directly with the mutual fund or through the registered investment advisor.

SBI Magnum Multicap Fund Facts

Type of Scheme	Open-ended dynamic equity schemes
Name of the Scheme	SBI Flexi cap Fund (erstwhile known as SBI Magnum Multicap Fund)
Minimum Investment	Rs. 1,000 and in multiples of Re. 1
Additional Purchase Amount	Rs. 1,000 and in multiples of Re. 1
Minimum Redemption size in Rupees	Rs. 500 or 1 Unit or account balances, whichever is lower
Entry Load	Not Applicable
Exit Load	For exit after 30 days from the date of allotment – Nil For exit on or before 30 days from the date of allotment – 0.10%
Benchmark Index	S&P BSE 500 Index TRI
Date of allotment	29/09/2005
AAUM for October 2021	Rs. 15,647.87 Crores
AUM as of October 2021	Rs. 15,464.41 Crores
Fund Manager	Mr Anup Upadhyay
Plans Available	Regular, Direct
Options	Growth, IDCW
Standard Deviation	21.31%
Beta	0.96
Sharpe Ratio	0.86
Total Portfolio Turnover	0.41
Mutual Fund	SBI Mutual Fund
Trustee Company	SBI Mutual Fund Trustee Company Private Limited
Asset Management Company	SBI Funds Management Private Limited

Investment Objective

The scheme is suitable for investors who are looking for long term capital appreciation. A key objective of the fund is capital appreciation through investments in diversified equity stocks spanning across different market caps. It helps combine the benefits of long-term appreciation and liquidity at the same time.

Fund Summary

SBI Flexi Cap Fund – Regular Plan – IDCW

Nav as on December 01 2021 – Rs. 33.4073

Expense Ratio – 1.82
SBI Flexi Cap Fund – Regular Plan-Growth

Nav as on December 01 2021 – Rs. 74.6069

Expense Ratio – 1.82
SBI Flexi Cap Fund – Direct Plan – IDCW

Nav as on December 01 2021 – Rs. 40.3646

Expense Ratio – 0.87
SBI Flexi Cap Fund – Direct Plan-Growth

Nav as on December 01 2021 – Rs. 80.7566

Expense Ratio – 0.87

Fund Return Summary

Tenure	Compounded Annualized Growth Rate Performance	Current Value of Standard Investment of Rs 10,000
Since Inception	13.52%	Rs. 76,952/-
Last 5 Year	14.85%	Rs. 19,995.27/-
Last 3 Year	21.14%	Rs. 17,769.07/-
Last 1 Year	60.08%	Rs. 16,008/-

*Returns are subject to change. The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons

Pros	Cons
The expense ratio of the scheme is affordable.	The investment is subject to market risks. Thereby, there are chances that you might lose the capital invested.
The fund provides good returns over the long run.	The risk involved in the scheme is high.
The fund house has developed appropriate risk mitigation strategies.	The scheme is not suitable for investors looking for returns in the short term.

Benefits of the SBI Magnum Multicap Fund

There are several benefits of the SBI Magnum Multicap Fund. Some of them have been listed out hereunder:

Long-term capital appreciation - The fund is capable of multiplying the invested capital in the long run and eventually generating returns that can beat inflation.
Consistency in Performance - Since its inception, the fund has provided appropriate returns to its investors and has displayed growth and adequate performance over the years.
Reasonable Expense Ratio - The expense ratio of the scheme is reasonable, which makes investment affordable for investors ensuring promising returns in the future.
Mitigating Risk - The investments are subject to several risks like volatility and liquidity risks. The fund has developed appropriate strategies to mitigate the same.

Who should Invest in the SBI Magnum Multicap Fund?

The following category of investors should invest in the scheme:

Investors looking for long term capital appreciation

Investors looking to diversify financial portfolio

Investors having a high-risk appetite

FAQ's

Q. What are the fees and expenses under the SBI Magnum Multicap Fund?

Audit Fee	Up to 2.25%
Additional Expenses under the regulation	Up to 0.05%
Additional Expenses for gross new inflows from specified cities	Up to 0.30%
Brokerage and Transaction cost over and above 12 bps and 5 bps for cash and derivative market trading	Up to 2.25%
Cost related to Investor communications	Up to 2.25%
Cost towards investor education and awareness	Up to 2.25%
Cost of providing account statements and Income Distribution cum capital withdrawal redemption cheques and warrants	Up to 2.25%
Cost of Fund transfer from location to location	Up to 2.25%
Cost of Statutory Advertisements	Up to 2.25%
Custodian Fees	Up to 2.25%
Goods and Service tax on expenses other than investment and advisory fees	Up to 2.25%
Goods and Service tax on brokerage and transaction cost	Up to 2.25%
Investment Management and Advisory Services	Up to 2.25%
Marketing and Selling Expenses including agent commission	Up to 2.25%
Maximum Total Expense Ratio permissible under the Regulation	Up to 2.25%
Other Expenses	Up to 2.25%
RTA Fees	Up to 2.25%
Trustee Fee	Up to 2.25%

Q. What is the asset allocation pattern of the SBI Magnum Multicap Fund?

Instruments	Min	Max	Risk Profile
Money Market Instruments	0%	35%	Low
Debt Instruments	0%	35%	Medium
Units issued by REIT/Invit	0%	10%	Medium to High
Equity and Equity related instruments	65%	100%	High

Q. How are the proceeds from the SBI Magnum Multicap Fund taxed?

	Tax on Dividend	Long term Capital Gains	Short Term Capital Gains
Resident	Taxed in the hands of the unitholders at the rate as prescribed under the Income Tax Act, 1961.	10% plus surcharge and cess without indexation	15% plus surcharge and cess
Non- Resident	Taxed in the hands of the unitholders at the rate of 20% u/s 115A of the act.	10% plus surcharge and cess without indexation	15% plus surcharge and cess

Q. How is the Net Asset Value computed?

A. NAV of the scheme is computed by dividing the fund’s net assets by the number of units outstanding under the scheme on the valuation date.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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