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Yogi Zone

Useful articles for your finance management by our team of experts

Mutual Fund Review – SBI Magnum Balanced

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Fund Name: SBI Magnum Balanced (G)

Crisil Rank – NA

Category: Equity – Hybrid oriented

Expense Ratio: 2.85%

Risk Level: Average

Benchmark: Crisil balanced

Objective: To achieve capital appreciation from a balanced portfolio of equity and debt securities.

Returns (Annualized)

1-Year3-Year5-Year
8.32%5.52%15.27%

Our Review

SBI Magnum Balanced fund (G) has made its inception in the year 1995. Since inception, it has generated returns of 16.14% annualized. It has managed to beat its benchmark index in the 1, 3 and 5 year returns category.

Top 5 holdings include HDFC bank, Repco home finance, ICICI bank, Great eastern shipping and Infosys in the equity category. It has a very good balance of debt and equity investments. If you are someone who want to have exposure to both debt and equity for a long term, this fund can be your choice.

 

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