SBI Magnum Equity ESG Fund Overview

Mutual Fund

SBI Magnum Equity ESG Fund is an open-ended thematic fund launched on January 01, 1991. SBI Magnum Equity ESG Fund is an equity fund. SBI Magnum Equity ESG Fund invests in a group of companies which follows Environmental, Social and Governance (ESG) criteria. The investors of SBI Magnum Equity ESG Fund can easily build long-term capital growth through professional management of diversified investments.

SBI Magnum Equity ESG Fund is managed by Mr. Ruchit Mehta. SBI Magnum Equity ESG Fund has a benchmark of NIFTY 100 ESG Index. The risk factor of SBI Magnum Equity ESG Mutual Fund is really high. 

Investment Objective of SBI Magnum Equity ESG Fund

  • SBI Magnum Equity ESG Mutual Fund focuses on the companies’ management attitude in terms of the factors like Social, Governance and Environmental aspects.
  • Investment in SBI Magnum Equity ESG Fund regular dividend option is a smart way to earn a monthly income.
  • SBI Magnum Equity ESG Fund concentrates on ‘ESG Framework’ to review on the invested company’s management mechanism, risk factor and culture which would affect the long term shareholders.
  • SBI Magnum Equity ESG Fund is suitable for long term investment objective.
  • SBI Magnum Equity ESG Fund dividend option provides its investors to either earn a monthly income or reinvest the dividend amount in the fund again.
  • SBI Magnum Equity ESG Fund charges an exit load of 1% if you redeem the fund units in less than from the allotment date.

Top 5 Sectors of SBI Magnum Equity ESG Fund

S.No Holding Name Net Assets (in %)
1 Bank – Private 23.47
2 IT – Software 15.06
3 Refineries 9.36
4 Finance – NBFC 5.56
5 Pharmaceuticals and Drugs 5.29

(as on 26/03/2019)

Top 10 Holdings of SBI Magnum Equity ESG Fund

S.No. Holding Name Net Assets (in %)
1 Reliance Industries Ltd. 9.36
2 HDFC Bank Ltd. 8
3 Infosys Ltd. 7.12
4 Kotak Mahindra Bank Ltd. 5.42
5 Tata Consultancy Services Ltd. 5.18
6 Axis Bank Ltd. 5.06
7 ICICI Bank Ltd. 4.99
8 Larsen & Toubro Ltd. 4.92
9 Bajaj Finance Ltd. 4.66
10 Mahindra & Mahindra Ltd. 3.38

(as on 26/03/2019)

Details of SBI Magnum Equity ESG Fund

Launch Date- January 01, 1991
Fund Manager- Mr. Ruchit Mehta
Risk- High
Benchmark- NIFTY 10 ESG Index
Return Since Launch- 15%
AUM- Rs. 2105.72 crore (as on 28th Feb 2019)

The following table depicts the SBI Magnum Equity ESG Fund performance-

  1-Year 3-Year 5-Year 10-Year
Fund 10.48 12.60 14.06 17.35
S&P BSE Carbonex TRI 11.92 16.09 13.60
As on Mar 27, 2019

Apply Personal Loan Online at Lowest Interest Rate Upto Rs. 40 Lacs

*Salary account or relational bank
Proceed
Terms of Use
By clicking on 'Apply Now' I authorize FreEMI and its representative to call me or SMS me overriding my registry on DNC/NDNC.

Loan Duration: 12 - 60 months*   T&C Apply*

Previous
Leave a Reply

Your email address will not be published. Required fields are marked *