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SBI Magnum Index Fund

SBI Magnum Index Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.48

as on 20 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,857 today.

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NAV Performance

SBI Magnum Index Fund performance graph for last 3 years
Performance of SBI Magnum Index Fund for last 3 Years

Fund Information

  • ₹ 140.332

    as on 20 May 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,643 Cr.

    as on 31 Dec 2021
  • 0.5%

  • 11 Jan 2002

  • Equity - Index Funds/ETFs

  • Nifty 50 TRI

  • 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 ₹ 140.332 as on 20 May 2022.

This fund has 20 years of track record. Since 30 Nov 2021 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

  • About Raviprakash Sharma

    Picture of Raviprakash SharmaMr. 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.

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 2.25% -1.23% 9.01% 32.56% 57.54% 15.56% 12.98% 14.95% -2.25% 27.82% 20.62% 13.45% 12.66%
Category Average -5.99% -5.60% -8.55% 8.62% 34.49% 12.07% 11.39% 13.23% -6.38% 15.27% 15.62% 12.52% 11.97%
SBI Magnum Index Fund -5.01%₹ 9,499 -5.81%₹ 9,419 -8.34%₹ 9,166 8.89%₹ 10,889 -5.29%₹ 11,656 34.53%₹ 18,097 14.88%₹ 27,805 11.48%₹ 13,857 15.61%₹ 45,358 11.91%₹ 17,566 12.87%₹ 82,848 12.93%₹ 33,771 11.96%₹ 2,23,547
Sundaram Smart Nifty 100 Equal Weight Fund 2.25%₹ 10,225 -1.23%₹ 9,876 9.01%₹ 10,900 - - - - - - - - - -
DSP Equal Nifty 50 Fund -5.82%₹ 9,418 -4.70%₹ 9,529 -6.31%₹ 9,368 9.28%₹ 10,928 -2.25%₹ 11,854 41.02%₹ 19,887 21.25%₹ 29,492 12.98%₹ 14,425 20.62%₹ 48,675 - - - -
UTI Nifty Next 50 Index Fund -9.69%₹ 9,031 -5.10%₹ 9,489 -11.33%₹ 8,867 4.55%₹ 10,455 -8.98%₹ 11,412 29.43%₹ 16,751 13.03%₹ 27,320 12.69%₹ 14,316 14.75%₹ 44,807 - - - -
Principal Nifty 100 Equal Weight Fund -7.58%₹ 9,242 -5.61%₹ 9,439 -9.12%₹ 9,088 5.62%₹ 10,561 -6.90%₹ 11,550 35.41%₹ 18,336 16.40%₹ 28,205 12.62%₹ 14,288 17.27%₹ 46,441 9.34%₹ 15,633 12.00%₹ 81,080 11.76%₹ 30,430 10.52%₹ 2,07,115
DSP Nifty Next 50 Index Fund -9.68%₹ 9,032 -4.95%₹ 9,504 -11.13%₹ 8,886 4.86%₹ 10,486 -8.64%₹ 11,435 29.53%₹ 16,777 13.29%₹ 27,389 12.49%₹ 14,239 14.76%₹ 44,811 - - - -

Portfolio Holdings

Portfolio holdings pattern of SBI Magnum Index Fund as on 23 May 2022 are listed below:

  • Equity Holdings:

    99.83%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.17%

Top Sector Holdings of SBI Magnum Index Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 24.15% ₹ 437.59 Cr.
Computers - Software 17.58% ₹ 318.70 Cr.
Refineries/Marketing 11.60% ₹ 210.34 Cr.
Housing Finance 6.16% ₹ 111.56 Cr.
NBFC 3.75% ₹ 67.86 Cr.
Others 36.76% -

Top Stock Holdings of SBI Magnum Index Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 10.75% ₹ 194.80 Cr.
Infosys Ltd. 9.21% ₹ 166.94 Cr.
HDFC Bank Ltd. 8.53% ₹ 154.48 Cr.
ICICI Bank Ltd. 6.76% ₹ 122.58 Cr.
Housing Development Finance Corporation Ltd. 6.16% ₹ 111.56 Cr.
Others 58.59% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.52%
Margin 0.04%
Net Receivables -0.39%