Fincash » SBI Magnum Multicap Vs Aditya Birla Sun Life Focused Equity Fund
Table of Contents
SBI Magnum Multicap Fund and Aditya Birla Sun Life Focused Equity Fund both are a part of Diversified Funds. Diversified funds are also known as a flexi cap or multi-cap funds refer to the Mutual Fund schemes who invest their corpus in equity instruments across Market capitalization. These funds adopt a growth or Value investing strategy through which they purchase shares whose prices are relatively lower in comparison to their performance, book Earnings, and other related factors. Though both these funds belong to the same category of diversified funds, yet they differ on account of performance, AUM, NAV, and other factors. So, let us understand the differences between both the funds through this article.
SBI Magnum Multicap Fund is offered by SBI Mutual Fund under the diversified category. This scheme was incepted on September 29, 2005, and it uses S&P BSE 500 Index to construct its Portfolio. The objective of this scheme is to attain long-term Capital appreciation along with liquidity by Investing in a diversified basket of equity stocks across market capitalization. As per the scheme’s objective, it invests 50-90% in Large cap funds, 10-40% in mid cap funds, and 0-10% in small cap stocks.
As on January 31, 2018, some of the constituents that form part of Top 10 Holdings of SBI Magnum Multicap Fund’s portfolio consist of HDFC Bank Limited, Indian Oil Corporation Limited, ICICI Bank Limited, and Bharti Airtel Limited.
Aditya Birla Sun Life Focused Equity Fund (earlier known as Aditya Birla Sun Life Top 100 Fund) is an open-ended diversified equity fund which was launched on August 26, 1998. The investment objective of this scheme is to attain long-term capital growth by investing 90% of the fund money in equity and the remaining 10% in debt and money market instruments. The fund adopts a top-down and bottom-up approach for selecting stocks. In addition, also emphasizes on identifying companies with sound corporate management and prospects for good future growth.
As on January 31, 2018, some of the Top 10 holdings of scheme’s portfolio consisted of Clearing Corporation of India Limited, HDFC Bank Limited, ICICI Bank Limited, and Hindustan Unilever Limited.
Though these schemes belong to the same category, yet these schemes differ on various parameters. So, let us understand the parameters which are divided into four sections, namely, Basics Section, Performance Report, Yearly Performance Report, and Other Details Section.
This section compares the various elements such as Current NAV, Scheme Category, Fincash Rating, AUM, expense ratio and many more. To begin with the Scheme Category, it can be said that both the schemes SBI Magnum Multicap Fund and Aditya Birla Sun Life Focused Equity Fund belong to the same category Equity Diversified Category.
As per Fincash Rating, it can be said that both the schemes are rated as 4-Star.
The table given below summarizes the details of basics section.
Parameters Basics NAV 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 ₹80.8332 ↑ 0.08 (0.10 %) ₹16,458 on 30 Apr 23 29 Sep 05 ☆☆☆☆ Equity Multi Cap 9 Moderately High 1.83 -0.07 -0.68 -0.61 Not Available 0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL) Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details ₹95.4284 ↑ 0.02 (0.02 %) ₹5,805 on 30 Apr 23 24 Oct 05 ☆☆☆☆ Equity Focused 24 Moderately High 2 -0.11 -1.3 -1.06 Not Available 0-365 Days (1%),365 Days and above(NIL)
The performance section compares the Compounded Annual Growth Rate or CAGR returns between both the schemes at different time periods. With respect to performance, it can be said there is not much difference in the performance of both the schemes. However, in many instances, SBI Magnum Multicap Fund leads the race. The performance of both the schemes at different time periods is shown below as follows.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch SBI Magnum Multicap Fund
Growth
Fund Details 4.3% 7.7% 3.4% 13.5% 23.8% 11.6% 0% Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details 4.5% 5.4% -0.4% 11.4% 21.3% 11.1% 13.7%
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This section deals with the absolute returns generated by both the funds in each year. In this case, we can see that there is a difference in the performance of both the schemes. In certain situations, if Aditya Birla Sun Life Focused Equity Fund has performed better than SBI Magnum Multicap Fund. While in some situations, the other scheme has performed better. The yearly performance of both the funds is tabulated as follows.
Parameters Yearly Performance 2022 2021 2020 2019 2018 SBI Magnum Multicap Fund
Growth
Fund Details 0.7% 30.8% 13.6% 11% -5.5% Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details 0.4% 26.7% 16% 11.3% -4.1%
This is the last section in the comparison of both the funds. In this section, the parameters such as Minimum SIP and Lumpsum Investment. To begin with the Minimum SIP investment, it can be said the SIP amounts are different in both the schemes. In case of SBI Magnum Multicap Fund it is INR 500 while in case of Aditya Birla Sun Life Focused Equity Fund it is INR 1,000. However, in case of Minimum Lumpsum Investment, the amount is same in both the cases which is INR 1,000.
The fund manager of SBI Magnum Multicap Fund is Mr. Anup Upadhyay.
Mr. Anil Shah is the fund manager of Aditya Birla Sun Life Focused Equity Fund.
The table given below summarizes the other details for both the schemes.
Parameters Other Details Min SIP Investment Min Investment Fund Manager SBI Magnum Multicap Fund
Growth
Fund Details ₹500 ₹1,000 R. Srinivasan - 1.33 Yr. Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details ₹1,000 ₹1,000 Kunal Sangoi - 1.98 Yr.
SBI Magnum Multicap Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,675 31 May 20 ₹8,549 31 May 21 ₹14,214 31 May 22 ₹15,118 31 May 23 ₹16,939 Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,817 31 May 20 ₹8,976 31 May 21 ₹14,209 31 May 22 ₹15,219 31 May 23 ₹16,690
SBI Magnum Multicap Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 4.36% Equity 95.64% Equity Sector Allocation
Sector Value Financial Services 32.14% Consumer Cyclical 12.98% Industrials 10.45% Basic Materials 6.95% Consumer Defensive 6.87% Technology 6.46% Communication Services 5.97% Health Care 5.28% Energy 5.2% Utility 3.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK9% ₹1,465 Cr 15,965,055
↑ 550,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹1,029 Cr 6,095,354 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 14 | ITC6% ₹951 Cr 22,340,000
↓ -1,000,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK5% ₹836 Cr 4,314,000
↑ 622,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY4% ₹646 Cr 5,160,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 20 | SBIN4% ₹581 Cr 10,038,901
↑ 1,500,000 Bank of Baroda (Financial Services)
Equity, Since 31 Dec 22 | BANKBARODA3% ₹440 Cr 23,455,000 Alphabet Inc Class A (Communication Services)
Equity, Since 31 Jul 21 | GOOGL3% ₹440 Cr 500,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE3% ₹433 Cr 1,788,270 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | BAJFINANCE3% ₹421 Cr 669,700
↑ 232,000 Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 4.51% Equity 95.49% Equity Sector Allocation
Sector Value Financial Services 38.49% Technology 13.02% Consumer Cyclical 11.22% Energy 6.13% Consumer Defensive 5.69% Industrials 5.64% Communication Services 4.21% Basic Materials 3.08% Health Care 2.75% Real Estate 2.42% Utility 2.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹568 Cr 6,190,329 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFC9% ₹526 Cr 1,896,087
↓ -119,500 Infosys Ltd (Technology)
Equity, Since 31 Oct 05 | INFY7% ₹409 Cr 3,268,601
↑ 225,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 05 | RELIANCE6% ₹356 Cr 1,471,151 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 05 | LT6% ₹328 Cr 1,385,214 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 19 | AXISBANK5% ₹289 Cr 3,357,293 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN5% ₹268 Cr 4,627,029 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL4% ₹233 Cr 2,917,038 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | BAJFINANCE3% ₹195 Cr 309,735
↑ 70,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 12 | HCLTECH3% ₹185 Cr 1,742,368
↑ 150,000
Therefore, from the above pointers, it can be said that both the schemes exhibit different attributes with respect to different parameters. However, when it comes to investing, it is always advisable that people should go through the scheme’s modalities completely before doing the actual investment. Additionally, they should also check whether the scheme’s approach is in-line with your investment objective. To get further clarification, you can even consult a financial advisor. This will help you ensure that your investment is safe as well as it paves way for wealth creation.
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