SBI Flexicap Fund - Regular Plan -Growth Option

About SBI Magnum Multicap Fund

SBI Magnum Multicap Fund is an open-ended equity scheme investing in stocks across market capitalizations i.e large-cap, midcap & smallcap stocks.

Investment Objective

The investment objective of the scheme is to provide long-term capital appreciation to the investors by investing in a diversified basket of equity & equity-related securities across market capitalizations and in debt & money market instruments. 

Benchmark

The Benchmark of the scheme is S&P BSE 500 Index TRI.

Investment Details

SIP Details

Loads

Entry Load: Nil

Exit Load: 

If units are redeemed or switched out within 30 days - 0.10%

If units are redeemed or switched out after 30 days - Nil

Suitability

SBI Magnum Multicap Fund is suitable for investors with a moderately high-risk appetite & looking to invest for a period of 5 years & above. 

Taxation:

As the fund predominantly invests in equity securities, SBI Magnum Multicap Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:

• If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1.25 lacs in a financial year is tax-free and above that, it is taxed at the rate of 12.5% without the benefit of indexation.
• If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 20%.

SBI Magnum Multicap Fund’s Asset Allocation

Under normal conditions, the pattern of asset allocation is as follows:

Who should invest?

Multicap funds are those equity mutual funds that invest in equity & equity-related securities of companies across market capitalizations & different sectors. These funds offer the benefits of diversification through its multi-cap investments.

Investments in SBI Magnum Multicap Fund can be made by investors who want to invest in a diversified portfolio of equities. The diversified equity portfolio helps generate good returns over long periods with relatively lower volatility.

Investors looking to invest in equity funds with a diversified portfolio could consider an investment in this fund. The fund can be a good investment for an investor’s core equity portfolio.

Eligibility 

The following people are eligible for investing in this scheme:

• Indian Resident Adults (single holder or on a joint basis)
• Hindu Undivided Family
• Partnership entities
• Limited Liability Partnership units
• Minor through parent or a legal guardian
• Sole Proprietor
• Corporates, PSUs & others.
• NRIs/POIs/OCIs
• Banks & Financial Institutions
• Religious & Charitable Trusts
• Defense & paramilitary units 
• Foreign Portfolio Investors
• Pension/Provident/Gratuity Funds
• Trustee, AMCs or Sponsors
• Other schemes of SBI or other mutual funds
• Alternative Investment Funds
• Others

How to invest?

You can invest in SBI Magnum Multicap Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.