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Today's Pick: SBI Magnum SFU - Emerging Businesses Fund

SI Reporter / Mumbai 21 Dec 11 | 09:05 AM

It has been ranked among the top 30 percentile of funds in the large-cap oriented equity category in the Crisil mutual fund ranking over the last ten quarters.


Launched in September 2004, SBI Magnum SFU - Emerging Businesses Fund (G) is an open-ended fund with an asset size of Rs 428.94 crore as on September 30, 2011.

The investment objective of the Emerging Businesses Fund is to participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive.

The fund has been consistently ranked among the top 30 percentile of funds in the large-cap oriented equity category in the Crisil mutual fund ranking over the last 10 quarters. In the latest rankings for the quarter ended September, the fund was ranked Crisil fund rank one.

The scheme invests up to 80 % in equity shares and the remaining in debt instruments. SBI Magnum SFU carries a below average risk profile while its returns are high. The top 5 holding of the fund (as of Nov 31, 11) are Page Industries, Manappuram Fin, Bajaj Holdings, Hawkins Cooker, SpiceJet.



Get more details here



Fund House Snapshot: SBI Mutual Fund

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