SBI Magnum Equity ESG Fund is an open-ended thematic fund launched on January 01, 1991. SBI Magnum Equity ESG Fund is an equity fund. SBI Magnum Equity ESG Fund invests in a group of companies which follows Environmental, Social and Governance (ESG) criteria. The investors of SBI Magnum Equity ESG Fund can easily build long-term capital growth through professional management of diversified investments.
SBI Magnum Equity ESG Fund is managed by Mr. Ruchit Mehta. SBI Magnum Equity ESG Fund has a benchmark of NIFTY 100 ESG Index. The risk factor of SBI Magnum Equity ESG Mutual Fund is really high.
Investment Objective of SBI Magnum Equity ESG Fund
- SBI Magnum Equity ESG Mutual Fund focuses on the companies’ management attitude in terms of the factors like Social, Governance and Environmental aspects.
- Investment in SBI Magnum Equity ESG Fund regular dividend option is a smart way to earn a monthly income.
- SBI Magnum Equity ESG Fund concentrates on ‘ESG Framework’ to review on the invested company’s management mechanism, risk factor and culture which would affect the long term shareholders.
- SBI Magnum Equity ESG Fund is suitable for long term investment objective.
- SBI Magnum Equity ESG Fund dividend option provides its investors to either earn a monthly income or reinvest the dividend amount in the fund again.
- SBI Magnum Equity ESG Fund charges an exit load of 1% if you redeem the fund units in less than from the allotment date.
Top 5 Sectors of SBI Magnum Equity ESG Fund
| S.No | Holding Name | Net Assets (in %) |
| 1 | Bank – Private | 23.47 |
| 2 | IT – Software | 15.06 |
| 3 | Refineries | 9.36 |
| 4 | Finance – NBFC | 5.56 |
| 5 | Pharmaceuticals and Drugs | 5.29 |
(as on 26/03/2019)
Top 10 Holdings of SBI Magnum Equity ESG Fund
| S.No. | Holding Name | Net Assets (in %) |
| 1 | Reliance Industries Ltd. | 9.36 |
| 2 | HDFC Bank Ltd. | 8 |
| 3 | Infosys Ltd. | 7.12 |
| 4 | Kotak Mahindra Bank Ltd. | 5.42 |
| 5 | Tata Consultancy Services Ltd. | 5.18 |
| 6 | Axis Bank Ltd. | 5.06 |
| 7 | ICICI Bank Ltd. | 4.99 |
| 8 | Larsen & Toubro Ltd. | 4.92 |
| 9 | Bajaj Finance Ltd. | 4.66 |
| 10 | Mahindra & Mahindra Ltd. | 3.38 |
(as on 26/03/2019)
Details of SBI Magnum Equity ESG Fund
Launch Date- January 01, 1991
Fund Manager- Mr. Ruchit Mehta
Risk- High
Benchmark- NIFTY 10 ESG Index
Return Since Launch- 15%
AUM- Rs. 2105.72 crore (as on 28th Feb 2019)
The following table depicts the SBI Magnum Equity ESG Fund performance-
| 1-Year | 3-Year | 5-Year | 10-Year | |
| Fund | 10.48 | 12.60 | 14.06 | 17.35 |
| S&P BSE Carbonex TRI | 11.92 | 16.09 | 13.60 | – |
| As on Mar 27, 2019 |
