SBI Magnum COMMA Fund

NAV Date 10-12-2019
Fund Name Category NAV NAV Change 1 year %
SBI BlueChip Fund-Reg(G) Equity - Large Cap 40.49 0.2733 12.63
SBI Equity Hybrid Fund-Reg(G) Hybrid - Equity Oriented 142.58 0.7237 14.22
SBI Magnum Equity ESG Fund-Reg(G) Equity - Large Cap 110.47 0.4915 14.35
SBI Magnum Midcap Fund-Reg(G) Equity - Mid Cap 69.71 0.7159 02.83
SBI Magnum Multicap Fund-Reg(G) Equity - Multi Cap 49.72 0.3604 12.02
SBI Magnum TaxGain'93-Reg(D) Equity - Tax Saving 38.29 0.3404 05.01
SBI Magnum TaxGain'93-Reg(G) Equity - Tax Saving 139.64 1.2416 06.01
SBI Savings Fund-Reg(G) Debt - Liquid 30.48 0.0073 07.93
SBI Banking and PSU Fund(DD)-Direct Plan Debt - Ultra Short Term 1034.9 1.0725 07.83
SBI Banking and PSU Fund(G)-Direct Plan Debt - Ultra Short Term 2296.31 0.6627 10.25
SBI Banking and PSU Fund(MD)-Direct Plan Debt - Ultra Short Term 1125.13 0.3248 08.59
SBI Banking and PSU Fund(MDP)-Direct Plan Debt - Ultra Short Term 1125.13 0.3248 08.59
SBI Banking and PSU Fund(WD)-Direct Plan Debt - Ultra Short Term 1032.85 0.2982 07.79
SBI Banking and PSU Fund(WDP)-Direct Plan Debt - Ultra Short Term 1032.85 0.2982 07.79
SBI Banking and PSU Fund-Reg(DD) Debt - Ultra Short Term 1033.49 1.0712 07.46
SBI Banking and PSU Fund-Reg(G) Debt - Ultra Short Term 2217.23 0.6684 09.73
SBI Banking and PSU Fund-Reg(MD) Debt - Ultra Short Term 1093.71 0.3297 08.03
SBI Banking and PSU Fund-Reg(MDP) Debt - Ultra Short Term 1093.71 0.3297 08.03
SBI Banking and PSU Fund-Reg(WD) Debt - Ultra Short Term 1032.85 0.3114 07.43
SBI Liquid Fund(G) Debt - Liquid 3042.31 0.4655 06.65
SBI Liquid Fund(G)-Direct Plan Debt - Liquid 3056.77 0.4735 06.73
SBI Liquid Fund(WD) Debt - Liquid 1061.54 0.1623 04.75
SBI Liquid Fund(WD)-Direct Plan Debt - Liquid 1061.54 0.1644 04.81
SBI Liquid Fund(WDP)-Direct Plan Debt - Liquid 1061.54 0.1644 04.81
SBI Liquid Fund-Inst(FD) Debt - Liquid 1024.56 0.1568 04.72
SBI Liquid Fund-Inst(G) Debt - Liquid 3071.02 0.4698 06.65
SBI Liquid Fund-Inst(WD) Debt - Liquid 1500.0 438.6773 48.63
SBI Magnum Low Duration Fund(FD) Debt - Ultra Short Term 1028.14 0.3375 06.00
SBI Magnum Low Duration Fund(FD)-Direct Plan Debt - Ultra Short Term 1028.28 0.3558 06.28
SBI Magnum Low Duration Fund(FDP) Debt - Ultra Short Term 1028.14 0.3375 06.00
SBI Magnum Low Duration Fund(FDP)-Direct Plan Debt - Ultra Short Term 1028.28 0.3558 06.28
SBI Magnum Low Duration Fund(G)-Direct Plan Debt - Ultra Short Term 2577.07 0.8920 08.89
SBI Magnum Low Duration Fund(MD) Debt - Ultra Short Term 1135.3 0.3728 06.90
SBI Magnum Low Duration Fund(MD)-Direct Plan Debt - Ultra Short Term 1145.91 0.3966 07.28
SBI Magnum Low Duration Fund(MDP)-Direct Plan Debt - Ultra Short Term 1145.91 0.3966 07.28
SBI Magnum Low Duration Fund(WD)-Direct Plan Debt - Ultra Short Term 1016.66 0.3519 06.45
SBI Magnum Low Duration Fund-Inst(G) Debt - Ultra Short Term 2599.5 0.8536 08.51
SBI Magnum Ultra Short Duration Fund(DD)-Direct Plan Debt - Liquid 1675.03 0.0000 05.93
SBI Magnum Ultra Short Duration Fund(G)-Direct Plan Debt - Liquid 4398.37 1.2187 08.34
SBI Magnum Ultra Short Duration Fund(WD)-Direct Plan Debt - Liquid 1077.88 0.2987 05.90
SBI Magnum Ultra Short Duration Fund(WDP)-Direct Plan Debt - Liquid 1077.88 0.2987 05.90
SBI Magnum Ultra Short Duration Fund-Reg(DD) Debt - Liquid 1675.03 0.0000 05.82
SBI Magnum Ultra Short Duration Fund-Reg(G) Debt - Liquid 4369.71 1.1917 08.17
SBI Magnum Ultra Short Duration Fund-Reg(WD) Debt - Liquid 1077.87 0.2940 05.79
SBI Overnight Fund(G)-Direct Plan Debt - Liquid 3209.5 0.4099 05.78
SBI Overnight Fund(WD)-Direct Plan Debt - Liquid 1031.59 0.1317 04.19
SBI Overnight Fund(WDP)-Direct Plan Debt - Liquid 1031.59 0.1317 04.19
SBI Overnight Fund-Reg(G) Debt - Liquid 3181.38 0.4002 05.71
SBI Overnight Fund-Reg(WD) Debt - Liquid 1031.59 0.1130 04.10
SBI-ETF Gold Equity - ETF 3398.98 9.5597 20.73
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Nature of fund:

Open-ended equity fund.

Investment objective:

The SBI Magnum COMMA Fund is an open-ended equity fund which aims to generate growth opportunities and the possibility of consistent returns through investments in a portfolio of companies that are in the commodities trade in the sectors of Oil & Gas, Metals, Metals, Materials and Agriculture. The fund will also invest in mining, debt & money market instruments. Investments in foreign securities, too, would be only in the stocks of companies in the Oil & Gas, Metals, Materials and Agriculture sectors.

Fund information:

Inception date 8th August, 2005.
CRISIL rank (as in June, 2015) Not ranked,
Plans

•Regular.

•Direct.

Options

•Growth.

•Dividend.

Schemes

•SBI Magnum COMMA Regular Growth Fund.

•SBI Magnum COMMA Regular Dividend Fund.

•SBI Magnum COMMA Direct Growth Fund.

•SBI Magnum COMMA Direct Dividend Fund.

Entry load None.
Exit load

•For exit within 1 year from the date of allotment = 1.00%.

•For exit after 1 year from the date of allotment = 0.

Minimum investment

•Rs.5,000 (in multiples of Re.1).

•Additional Investment: Rs.1,000 (in multiples of Re.1).

SIP Monthly

•Minimum Rs.1000 (in multiples of Re.1) thereafter for minimum six months.

•Minimum Rs.500 (in multiples of Re.1) thereafter for minimum one year.

Quarterly

•Minimum Rs.1500 (in multiples of Re.1), thereafter for minimum one year.

Product label – Risk and target investors High Risk. Target investors are those who seek:

•Long term growth in investments.

•Investments in companies that produce commodities.

•Investments in companies that are engaged in business in Oil & Gas.

•Investments in companies that are in the Agriculture sector.

•Investments in companies that conduct business in the Metals and mining sector.

•Investments in companies operating in the Materials sector.

Benchmark CNX Commodities Index
SWP Yes. Monthly

•Minimum of Rs.500 can be drawn.

•Must indicate in the application form or issue advance.

•Can indicate month and year from which SWP should commence and the frequency.

Quarterly

•Minimum of Rs.500 can be drawn.

•Must indicate in the application form or issue advance.

•Can indicate month and year from which SWP should commence and the frequency.

STP Yes
Redemption

•Rs.1,000 or 100 units or account balance (whichever is lower).

•The price will be the Applicable NAV minus Exit Load.

•Redemption proceeds will be dispatched within 10 working days.

Taxation (on investment and on redemption) The tax implications of being associated and invested in this mutual fund must be discussed at length with your tax advisor.

Fund manager

SBI Magnum COMMA Fund

Mr. Richard D’Souza

With 19 years of experience on the sell-side as a portfolio manager and research analyst from a host of companies like Antique Share & Stock Brokers Pvt. Ltd., Sunidhi Consultancy and Alchemy Share and Stock Brokers Pvt. Ltd., Mr. Richard D’Souza had joined SBI Funds Management in 2010 as a Fund Manager for the retail PMS division. He holds a Bachelor’s Degree in Science (Physics) from Mumbai University and is using his wealth of work experience in his duties as fund manager for SBI Mutual Funds.

Investment philosophy

SBI Magnum COMMA Fund

  • Invests majority of funds in businesses that have a high growth potential in 4 select sectors.
  • Invests primarily in the Metals, Materials, Oil & Gas and Agriculture sectors.
  • To generate growth and consistent returns.

Portfolio – Top 10 Holdings

Top 10 holdings for the SBI Magnum COMMA Fund as on June 30th, 2015:

Equity Sector Percentage of AUM
Coal India Limited Metals & Mining 8.26%
Sagar Cements Limited Cement 8.16%
NTPC Limited Utilities 6.68%
Bharat Petroleum Corp. Ltd. Oil & Gas 6.38%
Oil & Natural Gas Corp. Ltd. Oil & Gas 5.15%
Reliance Industries Ltd. Oil & Gas 4.56%
Sharda CropChem Ltd. Chemicals 4.28%
Tata Steel Ltd. Metals & Mining 4.22%
Hindustan Zinc Ltd. Metals & Mining 4.16%
Power Grid Corporation of India Ltd. Utilities 3.98%

Risk measures:

Sharpe Ratio 0.04
Alpha N/A
Beta 0.86
Standard deviation 19.44%

Performance

AUM (as on 30th June, 2015) Rs.222.86 crores.
NAV (as on 4th September, 2015)

•SBI Magnum COMMA Regular Growth Fund = 22.1188.

•SBI Magnum COMMA Regular Dividend Fund = 14.9381.

•SBI Magnum COMMA Direct Growth Fund = 22.4654.

•SBI Magnum COMMA Direct Dividend Fund = 15.1901.

Returns and benchmark comparison
Date Scheme returns CNX Commodities
Since Inception (till 31st May, 2015) 9.62% 9.13%
5 year 0.02% -2.68%
3 year 4.86% 2.02%
1 year 25.30% 8.90%
Expenses
Slab rates SBI Magnum COMMA Fund expenses as a % of daily net assets
First 100 crores 2.50%
Next 300 crores 2.25%
Next 300 crores 2.00%
Balance Assets 1.75%

Expert view of the fund

The SBI COMMA Fund invests in the Oil & Gas, Metals, Materials and Agricultural sectors of the economy to provide growth and income. In these past few years however, commodities (with the exception of gold) have not been doing too well. If you’ve already invested in this fund, now would be a good time to quit it and find something else that will offer better returns. Thematic funds such as this one should be a small part of your larger portfolio and you must not put all your eggs in this basket. There is some stability, however, as this fund invests 49% in large-cap companies which aren’t as prone to damage by the market movements like mid-cap and small-cap companies (which are invested in at 34% and 17% respectively).

How to apply

You can apply online through the SBI mutual funds website, or alternatively call the SBI mutual funds office and they will guide you through a step-by-step procedure on how to invest. At any stage during your research on the SBI website, scroll to the top right of the screen and you will find a button that you can click on to express your interest in investing in the fund. You can physically walk in to the SBI branch and fill up your KYC forms after which you will be directed on how to invest through the mutual funds investment desk at the branch. There’s a 24/7 dedicated toll free number you can call, and you can also send an SMS showing your intent to invest. All these details of the number to call or SMS can be found on the SBI mutual funds website. You can also contact any one of SBI’s Investor Service Centres.

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