Fund Performance
Lumpsum
SIP
11.48
as on 20 May 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,857 today.
NAV Performance
Fund Information
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₹ 140.332
as on 20 May 2022 -
Regular - Growth
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-
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₹ 5,000
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₹ 1,643 Cr.
as on 31 Dec 2021 -
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 ₹ 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
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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.
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
Top Sector Holdings of SBI Magnum Index Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 0.52% |
| Margin | 0.04% |
| Net Receivables | -0.39% |