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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 October 18, 2019 , 479 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
₹50.2411 ↑ 0.40   (0.80 %)
₹8,073 on 30 Sep 19
29 Sep 05
Equity
Multi Cap
9
Moderately High
2.5
0.52
0.12
5.98
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
₹59.9863 ↑ 0.51   (0.86 %)
₹4,192 on 30 Sep 19
24 Oct 05
Equity
Focused
24
Moderately High
2.19
0.22
-0.84
-0.22
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
6.6%
2.3%
2.8%
15.4%
9.5%
13.2%
0%
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
6.5%
-0.4%
0.4%
10.6%
7.6%
9.6%
13.7%

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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 Performance2018
2017
2016
2015
2014
SBI Magnum Multicap Fund
Growth
Fund Details
-5.5%
37%
5.8%
9.8%
56%
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
-4.1%
30.9%
6.7%
0%
48.9%

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 - 2.24 Yr.
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
₹1,000
₹1,000
Mahesh Patil - 9.18 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 Sep 14₹10,000
30 Sep 15₹11,702
30 Sep 16₹13,512
30 Sep 17₹16,060
30 Sep 18₹16,294
30 Sep 19₹17,946
Growth of 10,000 investment over the years.
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
DateValue
30 Sep 14₹10,000
30 Sep 15₹10,920
30 Sep 16₹12,270
30 Sep 17₹14,308
30 Sep 18₹14,470
30 Sep 19₹15,282

Detailed Assets & Holdings Comparison

Asset Allocation
SBI Magnum Multicap Fund
Growth
Fund Details
Asset ClassValue
Cash2.41%
Equity97.59%
Equity Sector Allocation
SectorValue
Financial Services32.09%
Industrials10.51%
Basic Materials10.16%
Technology9.84%
Consumer Cyclical9.5%
Consumer Defensive6.16%
Utility5.69%
Energy4.37%
Health Care3.78%
Communication Services1.93%
Real Estate1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
9%₹655 Cr2,939,106
↑ 97,400
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
7%₹566 Cr6,943,712
↑ 247,600
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK
6%₹451 Cr11,004,935
↑ 744,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK
4%₹274 Cr1,913,474
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT
3%₹254 Cr1,911,000
Treps
CBLO/Reverse Repo | -
3%₹251 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
3%₹244 Cr3,678,849
Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 17 | 532702
3%₹244 Cr11,107,079
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹238 Cr8,693,600
↑ 907,000
JK Cement Ltd (Basic Materials)
Equity, Since 31 Jul 18 | JKCEMENT
3%₹211 Cr2,053,813
Asset Allocation
Aditya Birla Sun Life Focused Equity Fund
Growth
Fund Details
Asset ClassValue
Cash11.54%
Equity88.42%
Debt0.04%
Equity Sector Allocation
SectorValue
Financial Services35.55%
Technology10.76%
Energy8%
Consumer Cyclical6.57%
Industrials6.4%
Health Care6.11%
Consumer Defensive5.74%
Basic Materials5%
Utility4.23%
Communication Services0.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Limited
CBLO | -
10%₹419 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
10%₹390 Cr1,749,106
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹340 Cr8,289,975
↓ -794,625
Infosys Ltd (Technology)
Equity, Since 31 Oct 05 | INFY
6%₹231 Cr2,832,488
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 05 | RELIANCE
5%₹213 Cr1,704,766
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 05 | LT
5%₹205 Cr1,541,652
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFC
5%₹203 Cr937,141
↓ -113,000
NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 532555
4%₹169 Cr13,927,400
↑ 1,365,400
State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN
4%₹168 Cr6,140,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 08 | ITC
3%₹138 Cr5,608,222

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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