SBI Magnum Multicap fund is suitable for investors looking for capital appreciation with a long-term investment horizon. The fund invests in stocks across the market capitalisation, which has helped its performance in recent years. A relatively lesser known fund from SBI, this fund also filters stocks based on compounding ability, capital efficiency, quality of management, and potential for growth.
SBI Magnum Multicap mid-cap stock selection like AU Small Finance Bank, Equitas Holdings, Muthoot Finance, Jubilant FoodWorks and Titan Company have all panned out well for the fund, which is reflected in its performance. The fund has done better than the benchmark repeatedly and by a significant margin in the long run. The fund's performance has also been tested for lacklustre periods like 2011 and 2013, yet it has not caught the fancy of investors with huge inflows. Invest in this fund with a five year investment time frame to derive the maximum gains.
Launch Date: September 16, 2005
Fund Manager: Anup Upadhyay
Benchmark: S&P BSE 500 Index
SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds
For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com