Click here for top ranked funds in sectoral / thematic - commodities mutual funds.
However, Scripbox does not recommend investing in sectoral / thematic - commodities mutual funds.
This category has few funds and relatively small amounts invested in them.
The benchmark Commodities Index has performed poorly over time.
This category is also characterised by higher volatility.
Investing in these funds will require investors to have a unique insight into the specific areas of investment that these funds focus on.In addition the investor will need to have the ability,inclination and expertise to monitor the prospects closely.Investors are therefore better off investing in diversified funds rather than this category.
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Scheme Information
Investment Objective
To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
SBI Funds Management Private Limited manages assets worth 399,510 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A)
About SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A)
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) is a sectoral / thematic - commodities equity fund and has delivered an annualised return of 12.9% over a period of 16 years .The fund was previously known as SBI Magnum Comma Reg DR.The fund is managed by SBI Funds Management Private Limited.The fund manager’s name is Richard D'souza.
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) Investment Objective
To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses. However, there is no assurance that the objective of the scheme will be realized.
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) NAV,AUM,Risk
The SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) fund was launched on Aug 08, 2005. The NAV (Net Asset Value) of this sectoral / thematic - commodities equity as of 2021-07-30 is ₹ 39.6129. The total AUM (Asset Under Management) of the fund as of 2021-08-02 is ₹ 412.957. The category risk of the SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) fund is Very High Risk.
The fund charges 2.65 % as expense ratio.
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) Holdings
The fund’s highest allocation is towards equity and has invested 91.6% in this asset class. The top three holdings of the fund are tata steel ltd,ultratech cement ltd and hindalco industries ltd shs dematerialised
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Commodities TR INR
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) Review
SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 1 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, SBI Magnum Comma Fund Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 3 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
