SBI Magnum Midcap Fund Gains From the Potential Mid-Cap Stocks
About SBI Magnum Midcap Fund • As the name suggest, SBI Magnum Midcap Fund is a mid-cap scheme which seeks for stocks with high growth potential in the mid-cap category. • The fund has a high risk factor and the performance is highly dependent on market conditions. • It hasn't been able to perform well in the last few years and the ratings of the scheme have also downgraded. • Under suitable market, it can provide highest gains in the category due to aggressive portfolio.
Fund Details Category:
Equity: Mid Cap
Assets:
Rs 3,596 crore (As on Jun 30, 2019)
Expense:
1.98% (As on May 31, 2019)
Fund House:
SBI Mutual Fund
Launch Date:
29-Mar-05
Benchmark:
NIFTY Midcap 150 TRI
Exit Load (%)
1% for redemption within 365 days
Return since Launch:
14.59%
Investment Objective
Deliver long term gains to the investors
Invest in the best mid-cap stocks in India
Actively take the advantage of market conditions
To offer Diversification in the Portfolio
Where Does it Invest? • The investment style of SBI Magnum Midcap Fund is growth oriented. • The portfolio of the scheme is highly aggressive due to more than 95% allocation in the small and mid cap stocks. • A total of 47 stocks are present in the portfolio. • Financial and construction are the sectors with highest allocation in the portfolio.
Market Allocation 3.33 21.82
74.85 La rge (%)
Mid (%)
Smal l (%)
Top Holdings Company
Sector
% Assets
Godrej Properties
Construction
5.84
Sheela Foam
Textiles
5.79
Cholamandalam Invest. & Fin.
Financial
5.29
The Ramco Cements
Construction
4.42
PI Industries
Chemicals
4.28
Carborundum Universal
Metals
4.02
Thermax
Engineering
3.42
Gujarat State Petronet
Energy
3.24
RBL Bank
Financial
2.83
M&M Financial Services
Financial
2.8
Fund Manager Ms Sohini Andani
B.Com, CA Senior Fund Manager at SBI Mutual Fund
• Ms Sohini Andani is a highly experienced fund manager and has previously worked with ING Investment Management, ASK Raymond James & Associates, LKP Shares & securities, CRISIL, and K R Choksey Shares & Securities. • She has been handling the portfolio of SBI Magnum Midcap Fund since July 2010.
Past Performance YTD
1-Month
3-Month
1-Year
3-Year
5-Year
10-Year
Fund
-1.08
-2.09
-6.37
-1.54
1.86
10.69
15.45
S&P BSE 150 MidCap TRI
-3.93
-1.79
-6.12
-6.38
8.81
13.10
14.69
Category
-1.09
-1.74
-4.16
-1.72
7.50
11.86
16.79
• SBI Magnum Midcap Fund has been unable to perform well for the last few years as the market conditions have been unfavourable for the scheme. • The mid and small-cap stocks have been facing a downtrend and more than 95% of the corpus is allocated in them for SBI Magnum Midcap Fund. • If the market conditions get better for the mid and small-cap stocks, SBI Magnum Midcap Fund can deliver highest returns in the category.
Who Should Invest? • SBI Magnum Midcap Fund is ideal for the investors with high risk appetite. • Under negative trends the fund can provide severe returns and the investors must be ready for that. • Investment in SBI Magnum Midcap Fund must be done for more than 7 years as the portfolio is very aggressive. • The fund has historically provided remarkable returns but in the recent years, it has been losing its reputation. • New investors must take assistance of financial experts before investing.
Take assistance from the financial experts before investing
Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 12-6-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.