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Fincash » SBI Magnum Multicap Vs Aditya Birla Sun Life Focused Equity Fund

SBI Magnum Multicap Fund Vs Aditya Birla Sun Life Focused Equity Fund

Updated on February 14, 2020 , 596 views

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

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 (Erstwhile Aditya Birla Sun Life Top 100 Fund)

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.

SBI Magnum Multicap Fund Vs Aditya Birla Sun Life Focused Equity Fund

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.

Basics 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
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
₹52.2911 ↓ -0.07   (-0.13 %)
₹8,480 on 31 Dec 19
29 Sep 05
Equity
Multi Cap
9
Moderately High
2.31
0.65
-0.27
2.21
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
₹64.3925 ↓ -0.16   (-0.24 %)
₹4,422 on 31 Dec 19
24 Oct 05
Equity
Focused
24
Moderately High
2.19
0.66
-0.85
-2.38
Not Available
0-365 Days (1%),365 Days and above(NIL)

Performance Section

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
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
SBI Magnum Multicap Fund
Growth
Fund Details
0.4%
3.3%
11.1%
17.7%
10.3%
10%
0%
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
0.1%
5%
13.6%
18.8%
9.6%
7.7%
13.9%

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Yearly Performance Section

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 Performance2019
2018
2017
2016
2015
SBI Magnum Multicap Fund
Growth
Fund Details
11%
-5.5%
37%
5.8%
9.8%
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
11.3%
-4.1%
30.9%
6.7%
0%

Other Details Section

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 DetailsMin SIP Investment
Min Investment
Fund Manager
SBI Magnum Multicap Fund
Growth
Fund Details
₹500
₹1,000
Anup Upadhyay - 2.91 Yr.
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
₹1,000
₹1,000
Mahesh Patil - 9.43 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
SBI Magnum Multicap Fund
Growth
Fund Details
DateValue
31 Jan 15₹10,000
31 Jan 16₹9,873
31 Jan 17₹11,608
31 Jan 18₹15,207
31 Jan 19₹14,096
31 Jan 20₹16,108
Growth of 10,000 investment over the years.
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
DateValue
31 Jan 15₹10,000
31 Jan 16₹9,055
31 Jan 17₹10,709
31 Jan 18₹13,448
31 Jan 19₹12,377
31 Jan 20₹14,259

Detailed Assets & Holdings Comparison

Asset Allocation
SBI Magnum Multicap Fund
Growth
Fund Details
Asset ClassValue
Cash2.5%
Equity97.5%
Equity Sector Allocation
SectorValue
Financial Services34.63%
Basic Materials11.42%
Consumer Cyclical9.87%
Industrials9.47%
Technology8.21%
Consumer Defensive6.33%
Utility6.3%
Energy4.44%
Health Care3.28%
Communication Services2.49%
Real Estate0.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
9%₹748 Cr5,878,212
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK
7%₹593 Cr11,004,935
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 19 | TCS
5%₹421 Cr1,947,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK
4%₹374 Cr2,222,074
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
4%₹329 Cr4,356,549
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹290 Cr8,693,600
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT
3%₹282 Cr2,175,000
↑ 264,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹275 Cr4,839,600
↑ 400,000
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 Mar 17 | HINDALCO
3%₹251 Cr11,600,324
↑ 3,750,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 13 | MARUTI
3%₹249 Cr337,810
Asset Allocation
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
Asset ClassValue
Cash4.16%
Equity95.81%
Debt0.03%
Other0%
Equity Sector Allocation
SectorValue
Financial Services38.12%
Technology11.63%
Energy8.11%
Health Care7.02%
Basic Materials6.1%
Consumer Defensive5.56%
Consumer Cyclical5.44%
Communication Services5.2%
Industrials4.79%
Utility3.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
10%₹440 Cr3,458,212
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹376 Cr6,975,975
Infosys Ltd (Technology)
Equity, Since 31 Oct 05 | INFY
7%₹292 Cr3,991,488
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 05 | RELIANCE
6%₹255 Cr1,684,979
↑ 196,213
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 05 | LT
5%₹212 Cr1,630,622
↑ 28,970
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFC
5%₹210 Cr871,037
NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 532555
4%₹170 Cr14,259,400
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 19 | 532215
4%₹168 Cr2,231,895
↓ -150,000
Cipla Ltd (Healthcare)
Equity, Since 31 Oct 19 | 500087
4%₹163 Cr3,400,498
State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN
4%₹155 Cr4,655,000
↑ 42,000

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.

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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