Formerly SBI Magnum Equity Reg Gr
₹ 138.3449
NAV (Mar 02)
Neutral
However, Scripbox does not recommend investing in sectoral / thematic - esg mutual funds.
These funds invest in companies that rank high on their environmental & social impact and governance.
It is based on the belief that this high ranking reflects in the stock performance of these companies over the long term.This strategy,however,limits the available universe of companies and the fund sizes are very small.On the other hand,other diversified funds can also invest in such companies and do.Investors are therefore better off investing in diversified funds rather than this category.
Track Record
15 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
3,280 Cr. Large within the category
Category View
Relatively Poor. The category has a relatively poor investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
2.21 %
Expense Ratio
Nov 27, 2006
Launched (15y ago)
₹ 3,280
AUM in Crores
INF200K01214
ISIN
No Lock-in
Lock-in
IISL Nifty 100 ESG Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Equity Funds
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About the AMC
SBI Funds Management Private Limited
SBI Funds Management Private Limited manages assets worth 363,720 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,227 debt and 54 hybrid funds.
Ultra Short
Recommended
Top Ranked
₹ 11,019 Cr
Fund Size
7%
3Y returns
Ultra Short
Top Ranked
₹ 11,019 Cr
Fund Size
5.5%
3Y returns
Ultra Short
Top Ranked
₹ 11,019 Cr
Fund Size
5.5%
3Y returns
Ultra Short
Top Ranked
₹ 11,019 Cr
Fund Size
5.3%
3Y returns
Diversified
Top Ranked
₹ 12,519 Cr
Fund Size
12.5%
3Y returns
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SBI Magnum Equity ESG Fund (G) is a sectoral / thematic - esg equity fund and has delivered an annualised return of 12.0% 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.
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.
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 2021-03-02 is ₹ 138.3449. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 3279.679. The category risk of the SBI Magnum Equity ESG Fund (G) fund is Very High Risk. The fund charges 2.21 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 94.6% in this asset class. The top three holdings of the fund are infosys ltd,hdfc bank ltd and tata consultancy services ltd
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.
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) has a score of 2 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.