Fund Performance
Lumpsum
SIP
16.76
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,917 today.
NAV Performance
Fund Information
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₹ 182.445
as on 07 Dec 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 3,595 Cr.
as on 31 May 2023 -
0.5%
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11 Jan 2002
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Nifty 50 TRI
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SBI Mutual Fund
Show All Funds -
SBI Nifty Index Fund - Regular Plan - Growth charges 0.2% of sell value; if fund sold before 15 days. There are no other charges.
Highlights of this fund
SBI Magnum Index Fund is an Open-ended Equity Fund. The fund belongs to Index Funds/ETFs category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 11 Jan 2002. This fund is offered by one of the top AMC (Assets Management Company) SBI Mutual Fund. You can also view here all other Equity funds offered by SBI Mutual Fund.
Latest NAV of the fund is ₹ 182.445 as on 07 Dec 2023.
This fund has 21 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.5%. Ideally you shoulds compare this fund with the benchmark Nifty 50 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.
List of Fund Managers of SBI Magnum Index Fund
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About Raviprakash Sharma
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA). Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
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About Mohit Jain
Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 11.68% | 11.31% | 32.51% | 38.88% | 22.98% | 31.55% | 17.03% | 15.06% | 63.11% | 35.14% | 28.35% | 21.25% | 14.00% |
| Category Average | 8.30% | 7.17% | 14.15% | 16.13% | 12.08% | 17.96% | 14.56% | 13.26% | 30.02% | 19.10% | 16.01% | 16.89% | 13.42% |
| SBI Magnum Index Fund | 7.67%₹ 10,766 | 5.99%₹ 10,598 | 11.97%₹ 11,197 | 13.21%₹ 11,320 | 23.76%₹ 13,490 | 11.02%₹ 12,325 | 16.75%₹ 28,311 | 16.76%₹ 15,917 | 14.53%₹ 44,677 | 14.77%₹ 19,924 | 16.58%₹ 90,792 | 13.07%₹ 34,189 | 13.48%₹ 2,42,515 |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 9.03%₹ 10,903 | 10.36%₹ 11,036 | 32.51%₹ 13,250 | 38.88%₹ 13,887 | 63.11%₹ 15,785 | 18.86%₹ 14,127 | 35.14%₹ 33,332 | 31.55%₹ 22,763 | 28.35%₹ 54,129 | - | - | - | - |
| Motilal Oswal Nifty Midcap 150 Index Fund | 9.93%₹ 10,993 | 8.32%₹ 10,832 | 27.74%₹ 12,774 | 34.90%₹ 13,490 | 54.13%₹ 15,276 | 19.85%₹ 14,364 | 33.31%₹ 32,820 | 28.28%₹ 21,108 | 27.06%₹ 53,193 | - | - | - | - |
| DSP Equal Nifty 50 Fund | 9.05%₹ 10,905 | 9.15%₹ 10,915 | 16.91%₹ 11,691 | 21.41%₹ 12,140 | 35.99%₹ 14,223 | 16.23%₹ 13,509 | 23.65%₹ 30,160 | 22.25%₹ 18,271 | 20.02%₹ 48,286 | 17.03%₹ 21,964 | 21.25%₹ 1,01,750 | - | - |
| IDBI Nifty Index Fund | 4.59%₹ 10,458 | 10.15%₹ 11,014 | 11.96%₹ 11,196 | - | - | - | - | - | - | - | - | - | - |
| Principal Nifty 100 Equal Weight Fund | 11.17%₹ 11,117 | 10.68%₹ 11,067 | 18.61%₹ 11,861 | 20.75%₹ 12,074 | 39.67%₹ 14,440 | 12.89%₹ 12,744 | 22.48%₹ 29,842 | 19.54%₹ 17,082 | 17.99%₹ 46,930 | 15.25%₹ 20,339 | 19.01%₹ 96,346 | 12.31%₹ 31,963 | 13.12%₹ 2,37,898 |
Portfolio Holdings
Top Sector Holdings of SBI Magnum Index Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 27.28% | ₹ 1,207.91 Cr. |
| Computers - Software | 12.11% | ₹ 536.38 Cr. |
| Refineries/Marketing | 10.67% | ₹ 472.26 Cr. |
| Housing Finance | 5.86% | ₹ 259.62 Cr. |
| Cigarettes | 4.82% | ₹ 213.21 Cr. |
| Others | 39.26% | - |
Top Stock Holdings of SBI Magnum Index Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 10.24% | ₹ 453.43 Cr. |
| HDFC Bank Ltd. | 8.70% | ₹ 385.35 Cr. |
| ICICI Bank Ltd. | 8.12% | ₹ 359.64 Cr. |
| Housing Development Finance Corporation Ltd. | 5.86% | ₹ 259.62 Cr. |
| Infosys Ltd. | 5.76% | ₹ 255.25 Cr. |
| Others | 61.32% | - |
Top Debt Instrument Type holdings of SBI Magnum Index Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 0.05% | ₹ 2.00 Cr. |
| Others | 99.95% | - |
Top Debt Holdings of SBI Magnum Index Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 0.05% | ₹ 2.00 Cr. |
| Others | 99.95% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 0.24% |
| Net Receivables | 0.05% |
| Margin | 0.02% |