Sectoral / thematic - esg funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
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Scheme Information
Investment Objective
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental,Social and Governance (ESG) criteria.
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 398,859 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.
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
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of 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.
Relative 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 Quality Of Fund’s Portfolio
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About SBI Magnum Equity ESG Fund (G)
About SBI Magnum Equity ESG Fund (G)
SBI Magnum Equity ESG Fund (G) is a sectoral / thematic - esg equity fund and has delivered an annualised return of 12.1% over a period of 15 years .The fund was previously known as SBI Magnum Equity Reg Gr.The fund is managed by SBI Funds Management Private Limited.The fund manager’s name is Ruchit Mehta.
SBI Magnum Equity ESG Fund (G) Investment Objective
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental,Social and Governance (ESG) criteria. However, there is no assurance that the objective of the scheme will be realized.
SBI Magnum Equity ESG Fund (G) NAV,AUM,Risk
The SBI Magnum Equity ESG Fund (G) fund was launched on Nov 27, 2006. The NAV (Net Asset Value) of this sectoral / thematic - esg equity as of 2021-06-18 is ₹ 145.5535. The total AUM (Asset Under Management) of the fund as of 2021-06-21 is ₹ 3748.162. The category risk of the SBI Magnum Equity ESG Fund (G) fund is Very High Risk.
The fund charges 2.13 % as expense ratio.
SBI Magnum Equity ESG Fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 96.9% in this asset class. The top three holdings of the fund are britannia industries limited,infosys ltd and hdfc bank ltd
SBI Magnum Equity ESG Fund (G) 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 Equity ESG Fund (G) 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 100 ESG Index TR INR
SBI Magnum Equity ESG Fund (G) Review
SBI Magnum Equity ESG Fund (G) has a score of 4 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 Equity ESG Fund (G) has a score of 4 out of 5.
Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.
