The SBI Magnum Mid Cap Direct Plan-Growth is an equity mutual fund from SBI Mutual Fund. As of 09 Nov 2024, the fund has an impressive AUM of ₹22,338.38 Crores and an NAV of ₹263.373.
SBI Magnum Mid Cap Direct Plan-Growth scheme returns have been 32.77% in the last year, 69.64% in the previous three years and 840.28% since the scheme’s debut.
SBI Magnum Mid Cap Fund Return
| Period | SBI Magnum Mid Cap fund | Category average |
|---|---|---|
| 1 month | -2.96% | -3.94% |
| 3 months | 1.71% | 1.07% |
| 6 months | 15.8% | 18.29% |
| 1 year | 32.77% | 42.8% |
| 3 years | 19.29% | 21.05% |
| 5 years | 28.71% | 28.08% |
| 10 years | 17.95% | 18.7% |
The fund has consistently outperformed its category in recent periods, providing investors with attractive growth potential.
SBI Magnum Mid Cap Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Torrent Power Ltd.
|
Energy | Equity | 4.01% |
|
Sundaram Finance Ltd.
|
Financial | Equity | 3.52% |
|
Voltas Ltd.
|
Consumer Discretionary | Equity | 3.30% |
|
Crisil Ltd.
|
Services | Equity | 3.29% |
|
Schaeffler India Ltd.
|
Capital Goods | Equity | 2.76% |
Sector Allocation in SBI Magnum Mid Cap Fund
The fund’s diverse sector allocation includes:
| Category | Percentage | Amount (₹) |
|---|---|---|
| Materials | 6.09% | ₹1,360.41 Cr |
| Consumer Discretionary | 5.64% | ₹1,259.88 Cr |
| Others | 88.27% | ₹19,718.09 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
