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Business Standard looks at the fund and its features
Business Standard looks at the fund and its features
While these banks are safe, diversify your fixed deposits among large banks, small finance banks and highly rated corporates
Of the market phases under analysis, the fund notably outperformed the category and the benchmark in bull phases
The fund's investment objective is to provide reasonable and regular income and/or possible capital appreciation. It is currently managed by Sonam Udasi
Right calls, good timing
Small in market capital, high on returns
Standing out in the crowd
Good combination of returns, diversification and quality
Diversified long-term holdings deliver
Consistently generating higher returns
Launched in March 2005, SBI Magnum Midcap Fund is classified under the small- and mid-cap category of CRISIL Mutual Fund Ranking
Portfolio mix, tactical calls help deliver strong returns
It is managed by Anand Radhakrishnan and R Janakiraman, and had quarterly average assets under management of Rs 7,638 crore as of June 2016
High liquidity, better long-term returns
Credit, duration flexibility aiding performance