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Mutual Fund Review – SBI Magnum Global

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Fund Name: SBI Magnum Global (G)

CRISIL Rank: 2

Category: Mid and small cap

Expense Ratio: 2.55%

Risk Level: Average

Benchmark: CNX Midcap

Objective: To provide the investors maximum growth opportunity through well researched investments in Indian equities, PCDs and FCDs from selected industries with high growth potential and Bonds.

Returns (Annualized)


Our Review

SBI Magnum global fund (G) has made its inception in the year 2005. Since inception, it has produced annualized returns of 16.77%. It has managed to beat the benchmark index as well as category average comprehensively in the 1, 3 and 5 year returns.

Top 5 holdings of the fund include Page industries, P&G, Divis lab, MRF and Redington India. The fund invests 66.56% in mid caps, 24.98% in small caps and 8.46% of assets in large cap stocks. The fund has delivered excellent returns for its investors especially in the 3 and 5 year time frame proving that it is for a long term investment. The fund manager is R. Srinivasan, who has been an asset for the fund even since he took charge of it.

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