Is SBI Magnum Multicap Fund good?
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Is SBI Magnum Multicap Fund good?
UTI Equity, ABSL Equity, Franklin India Equity and Nippon India Multi Cap. Among the 5 funds, SBI Magnum Multicap on three year rolling return has one of the best averages (16.5\%). Also, the fund has the highest percentage of times of 20-30\% rolling returns and the 2nd highest in terms of more than 30\% rolling return.
What is the best global fund to invest in?
10 Best international mutual funds to invest in 2021
- PGIM India Global Equity Fund.
- Nippon India US Equity Fund.
- Principal Global Opportunities Mutual Fund.
- Aditya Birla Sun Life Mutual Fund.
- ICICI Prudential Mutual Funds.
- DSP BlackRock Mutual Fund.
- Edelweiss Europe Mutual Fund.
- Invesco India Feeder Mutual Fund.
Which is the best performing SBI Mutual Fund?
List of Sbi Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| SBI Bluechip Fund | Equity | 26.8\% |
| SBI Flexicap Fund | Equity | 31.7\% |
| SBI Banking & Financial Services Fund | Equity | 14.4\% |
| SBI Focused Equity Fund | Equity | 43.4\% |
What is SBI Magnum Multicap Fund?
SBI Magnum Multicap Fund is a Equity – Multi Cap fund launched on 29 Sep 05. It is a fund with Moderately High risk and has given a CAGR return of since its launch. Ranked 9 in Multi Cap category. Return for 2020 was 13.6\% , 2019 was 11\% and 2018 was -5.5\% .
Which is the best multicap fund?
A multicap mutual fund is an open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks….Best Performing Multicap Funds to Invest in 2021.
| Fund Name | 3 Year Returns |
|---|---|
| PGIM India Flexi Cap Fund | 17.60\% |
| Principal Focused Multicap Fund | 14.20\% |
| Axis Flexi Cap Fund | 13.70\% |
| SBI Focused Equity Fund | 12.10\% |
Which SBI Mutual fund is best for SIP?
Best Performing SBI Mutual Fund Schemes for SIP Investment
| Fund Name | 1 Year Return | 3 Years Returns |
|---|---|---|
| SBI Debt Hybrid Fund | -1.4\% | 7.4\% |
| SBI Equity Hybrid Fund | 0.1\% | 10.3\% |
| SBI ETF Nifty Next 50 Fund | 12.13\% | 17.25\% |
| SBI Focused Equity Fund | 1.6\% | 12.4\% |
Are global mutual funds good?
The returns from these funds can vary since there are several factors governing the performance of these funds. Investing in Global Mutual Funds are a good way to hedge against inflation. All mutual funds which invest primarily in foreign markets are considered to be non-equity funds for tax purposes.
What are the types of global mutual funds?
7. Top 5 Performing International Mutual Funds
| Fund Name | 3-Year Return (\%)* | 5-Year Return(\%) |
|---|---|---|
| PGIM India Global Equity Opportunities Fund Direct-Growth | 36.42\% | 23.57\% |
| Edelweiss Greater China Equity Off-shore Fund Direct-Growth | 29.72\% | 21.60\% |
| Nippon India US Equity Opportunities Fund Direct-Growth | 29.61\% | 21.32\% |
What is SBI Magnum Multicap fund Regular Plan growth?
1.88\% (As on 30-11-2020)