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Fincash » SBI Magnum Multicap Fund Vs Kotak Equity Opportunities Fund

SBI Magnum Multicap Fund Vs Kotak Equity Opportunities Fund

Updated on July 12, 2020 , 280 views

SBI Magnum Multicap Fund and Kotak Equity Opportunities Fund have numerous differences between them though they belong to the same category of diversified Equity Fund. Diversified Funds are also known as Multicap or Flexicap funds. In simple terms, these schemes invest their corpus in stocks of all market-caps that is- large-cap, mid-cap, and small cap stocks. Diversified funds are a good investment option for mid and long-term. Based on the Asset Allocation of the schemes, diversified funds invest around 10% of their corpus in small-cap stocks, 10-40% in mid-cap stocks, and around 40-60% in large-cap stocks. Sometimes, diversified funds may not invest in stocks of small-cap companies. So, let us understand the differences between SBI Magnum Multicap Fund and Kotak Equity Opportunities Fund through this article.

SBI Magnum Multicap Fund

SBI Magnum Multicap Fund is suitable for individuals seeking for long-term capital appreciation along with long-term investment horizon. The aim of SBI Magnum Multicap Fund is to achieve for capital growth in the long term by Investing the fund money in shares of companies across market capitalization spectrum. The scheme uses S&P BSE 500 Index as its benchmark to construct its portfolio. Based on the asset allocation objective of SBI Magnum Multicap Fund, it invests around 50-90% of its pooled money in shares of large-cap companies, 10-40% in mid-cap companies, and 0-10% in small-cap companies. SBI Magnum Multicap Fund is managed by Mr. Anup Upadhyay. As on March 31, 2018, the top 10 holdings of SBI Magnum Multicap Fund’s portfolio consisted of HDFC Bank Limited, Infosys Limited, Kotak Mahindra Bank Limited, and Maruti Suzuki India Limited.

Kotak Equity Opportunities Fund

Kotak Equity Opportunities Fund (earlier known as Kotak Opportunities Scheme) is offered and managed by Kotak Mutual Fund. This scheme was launched on September 09, 2004. The investment objective of Kotak Equity Opportunities Fund is to invest the pooled money in a diversified portfolio predominantly consisting of equity and equity-related instruments thereby; attaining capital appreciation. Kotak Equity Opportunities Fund uses Nifty 500 as its benchmark to build its portfolio. Reliance Industries Limited, Larsen & Toubro Limited, ICICI Bank Limited, Coromandel International Limited, and Infosys Limited, are some of the Top 10 constituents of Kotak Equity Opportunities Fund’s portfolio as on March 31, 2018. Kotak Opportunities Scheme is solely managed by Mr. Harsha Upadhyaya. Kotak Opportunities Scheme invests around 65-100% of its accumulated fund money in equity and equity-related securities while the remaining in fixed income and money market securities.

SBI Magnum Multicap Fund Vs Kotak Equity Opportunities Fund

Both SBI Magnum Multicap Fund and Kotak Equity Opportunities Fund belong to the same category nevertheless; they differ on numerous parameters. So, let us analyze the differences between these schemes that are classified into four sections, listed below as follows.

Basics Section

Being the first section in the comparison, it includes parameters such as current NAV, scheme category, and Fincash Rating. With respect to the scheme category, it can be said that both the schemes are a part of Equity Diversified. The comparison of current NAV reveals that there is a significant difference between the NAV of both the schemes. As on April 30, 2018, the NAV of SBI Magnum Multicap Fund was approximately INR 48 while of Kotak Equity Opportunities Fund was around INR 116. Comparing Fincash Category, it can be said that SBI Magnum Multicap Fund is rated as a 4-Star scheme, while Kotak Equity Opportunities Fund is rated as a 5-Star Scheme. The summary of the basics section is as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
SBI Magnum Multicap Fund
Growth
Fund Details
₹43.773 ↓ -0.75   (-1.69 %)
₹7,912 on 30 Apr 20
29 Sep 05
Equity
Multi Cap
9
Moderately High
2.31
-0.46
-0.14
0.59
Not Available
0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL)
Kotak Equity Opportunities Fund
Growth
Fund Details
₹117.039 ↓ -0.93   (-0.79 %)
₹2,980 on 30 Apr 20
9 Sep 04
Equity
Large & Mid Cap
2
Moderately High
2.11
-0.32
-0.23
4.62
Not Available
0-1 Years (1%),1 Years and above(NIL)

Performance Section

It is the second section in the comparison of the schemes. The comparable element forming part of the performance section is Compounded Annual Growth Rate or CAGR returns. The CAGR returns are compared at different time intervals such as 1 Month Return, 1 Year Return, 5 Year Return, and Return since Inception. The comparison of performance section reveals that in most instances, SBI Magnum Multicap Fund leads the race.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
SBI Magnum Multicap Fund
Growth
Fund Details
4.3%
12.3%
-16%
-10.3%
0.1%
5.7%
0%
Kotak Equity Opportunities Fund
Growth
Fund Details
6.1%
18.6%
-10.9%
-0.7%
1.7%
6.7%
16.8%

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Yearly Performance Section

Being the third section, it compares the absolute returns generated by both schemes for a particular year. This analysis or yearly performance section states that in certain years, SBI Magnum Multicap Fund leads the race and in others, Kotak Equity Opportunities Fund leads the race. The summary comparison of the yearly performance section is tabulated as follows.

Parameters
Yearly Performance2019
2018
2017
2016
2015
SBI Magnum Multicap Fund
Growth
Fund Details
11%
-5.5%
37%
5.8%
9.8%
Kotak Equity Opportunities Fund
Growth
Fund Details
13.2%
-5.6%
34.9%
9.6%
3.3%

Other Details Section

AUM, minimum SIP investment, minimum lumpsum investment, and exit load are some of the details forming part of other details section. The minimum SIP and lumpsum investment are different for both the schemes. In case of SBI Magnum Multicap Fund, the minimum SIP and lumpsum amounts are INR 500 and INR 1,000 respectively. Similarly, for Kotak Opportunities Scheme, the minimum SIP and lumpsum amount are INR 1,000 and INR 5,000 respectively. Even the AUM of both the schemes is not same. The AUM of SBI Mutual Fund’s scheme was around INR 4,704 Crores while of Kotak Equity Opportunities Fund was nearly INR 2,356 Crores as of March 31, 2018. The summary comparison of other details section is as shown in the table given below.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
SBI Magnum Multicap Fund
Growth
Fund Details
₹500
₹1,000
Anup Upadhyay - 3.41 Yr.
Kotak Equity Opportunities Fund
Growth
Fund Details
₹1,000
₹5,000
Harsha Upadhyaya - 7.91 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
SBI Magnum Multicap Fund
Growth
Fund Details
DateValue
30 Jun 15₹10,000
30 Jun 16₹11,013
30 Jun 17₹13,109
30 Jun 18₹14,286
30 Jun 19₹15,573
30 Jun 20₹13,398
Growth of 10,000 investment over the years.
Kotak Equity Opportunities Fund
Growth
Fund Details
DateValue
30 Jun 15₹10,000
30 Jun 16₹10,303
30 Jun 17₹12,934
30 Jun 18₹13,529
30 Jun 19₹14,644
30 Jun 20₹13,874

Detailed portfolio Comparison

Asset Allocation
SBI Magnum Multicap Fund
Growth
Fund Details
Asset ClassValue
Cash5.5%
Equity94.5%
Equity Sector Allocation
SectorValue
Financial Services27.95%
Technology10.04%
Consumer Cyclical9.38%
Consumer Defensive9.34%
Basic Materials9.05%
Health Care6.78%
Utility6.57%
Industrials6.34%
Energy5.06%
Communication Services3.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
9%₹683 Cr7,179,442
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 19 | TCS
6%₹495 Cr2,511,900
↑ 114,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK
6%₹469 Cr14,135,935
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 14 | ITC
5%₹394 Cr19,974,217
Treps
CBLO/Reverse Repo | -
4%₹316 Cr
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 16 | BHARTIARTL
4%₹310 Cr5,611,176
HCL Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | HCLTECH
4%₹290 Cr5,273,981
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK
3%₹272 Cr2,222,074
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT
3%₹268 Cr2,875,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
3%₹257 Cr6,674,049
Asset Allocation
Kotak Equity Opportunities Fund
Growth
Fund Details
Asset ClassValue
Cash5.34%
Equity94.64%
Other0.01%
Equity Sector Allocation
SectorValue
Basic Materials19.15%
Financial Services18.49%
Industrials14.25%
Energy8.5%
Consumer Cyclical7.38%
Consumer Defensive7.35%
Utility6.81%
Technology6.34%
Health Care5.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
6%₹193 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 16 | RELIANCE
6%₹180 Cr1,280,000
↑ 130,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | HDFCBANK
5%₹136 Cr1,431,500
↑ 431,500
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK
5%₹136 Cr4,100,000
Coromandel International Ltd (Basic Materials)
Equity, Since 30 Nov 16 | 506395
4%₹118 Cr1,825,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 500696
4%₹114 Cr552,242
↑ 102,242
SRF Ltd (Basic Materials)
Equity, Since 30 Nov 16 | SRF
4%₹108 Cr310,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹104 Cr1,500,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jan 19 | 500124
3%₹102 Cr250,000
↑ 18,587
Indraprastha Gas Ltd (Utilities)
Equity, Since 30 Nov 17 | 532514
3%₹94 Cr2,000,000

As a result, from the above-mentioned sections, it can be said that both the schemes differ on account of numerous parameters. Resultantly, individuals should pay extra caution while choosing any of the schemes for investment. They should check whether the scheme matches their investment objectives or not. They should also understand the various parameters of the scheme completely. This will help individuals to attain their objectives on time along with ensuring the safety of their investment.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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