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Fincash » SBI Magnum Multicap Vs DSP BlackRock Equity Opportunities Fund

SBI Magnum Multicap Fund Vs DSP BlackRock Equity Opportunities Fund

Updated on November 15, 2019 , 348 views

There are number of differences between SBI Magnum Multicap Fund and DSP BlackRock Equity Opportunities Fund. These differences exist in-spite of both the schemes belonging to the same category of diversified Equity Funds. Diversified Funds follow a value Investing strategy wherein; they invest in stocks of companies that are undervalued against their growth and cash flow potentials, historical values, and dividend yields. Diversified schemes invest their corpus money in shares of companies having different market capitalization. So, let us understand the differences between SBI Magnum Multicap Fund and DSP BlackRock Equity Opportunities Fund by comparing various parameters such as performance, AUM, current NAV, and others that are explained in this article.

SBI Magnum Multicap Fund

SBI Mutual Fund manages and offers SBI Magnum Multicap Fund under the diversified category of equity funds. SBI Magnum Multicap Fund uses S&P BSE 500 Index as its benchmark for constructing its portfolio. This open-ended diversified scheme was launched in the month of September 2005. SBI Magnum Multicap Fund included HDFC Bank Limited, Indian Oil Corporation Limited, ITC Limited, Kotak Mahindra Bank Limited, and Maruti Suzuki India Limited are some of the constituents that form part of the top 10 holdings of SBI Magnum Multicap Fund’s portfolio as on March 31, 2018. Mr. Anup Upadhyay is the sole fund manager managing the SBI Magnum Multicap Fund. This scheme is suitable for individuals looking for capital growth and having a long-tenure of investment.

DSP BlackRock Equity Opportunities Fund (Erstwhile DSP BlackRock Opportunities Fund)

The investment objective of DSP BlackRock Equity Opportunities Fund (earlier DSP BlackRock Opportunities Fund) is to achieve capital growth in the long-term tenure. The scheme tries to attain its objective from a portfolio primarily consisting of large-cap and mid-cap stocks. Mr. Rohit Singhania and Mr. Jay Kothari jointly manage DSP BlackRock Equity Opportunities Fund. The scheme was incepted on May 16, 2000. HDFC Bank Limited, ICICI Bank Limited, State Bank of India, Tata Steel Limited, and HCL Technologies Limited, are the top five holdings of DSP BlackRock Equity Opportunities Fund’s portfolio as of March 31, 2018. DSP BlackRock Equity Opportunities Fund is offered and managed by DSP BlackRock Mutual Fund. As per the Asset Allocation objective of the scheme, it invests 35% of its pooled money in stocks of large-cap and mid-cap companies respectively. DSP BlackRock Equity Opportunities Fund uses NIFTY 500 TRI Index as its benchmark to construct its portfolio.

SBI Magnum Multicap Fund Vs DSP BlackRock Equity Opportunities Fund

Though SBI Magnum Multicap Fund and DSP BlackRock Equity Opportunities Fund belong to the same category of diversified funds, yet; they are differences between them on account of numerous parameters. So, let’s understand the differences between these schemes by comparing these parameters that are divided into four sections, explained below as follows.

Basics Section

Basics section is the first section in the comparison of the schemes. Current NAV, Fincash Rating, and scheme category are some of the parameters that form part of this section. To begin with Fincash Rating it can be said that DSP BlackRock Equity Opportunities Fund is rated as 5-Star, as against SBI Magnum Multicap Fund which is rated as 4-Star. The comparison of scheme category, states that both the schemes are part of Equity Diversified category. The analysis of current NAV also shows a difference between the schemes. As on April 25, 2018, the NAV of DSP BlackRock Equity Opportunities Fund, is approximately INR 218 while of SBI Magnum Multicap Fund is around INR 47. The comparison summary of the basics section is tabulated 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
₹50.8389 ↑ 0.23   (0.45 %)
₹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)
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
₹230.281 ↑ 0.89   (0.39 %)
₹5,489 on 30 Sep 19
16 May 00
Equity
Large & Mid Cap
4
Moderately High
2.42
0.38
0
6.56
Not Available
0-12 Months (1%),12 Months and above(NIL)

Performance Section

The comparison of Compounded Annual Growth Rate or CAGR returns at different time periods is done in the performance section. It is the second section in the comparison of the schemes. The comparison of performance section states that for certain time period SBI Magnum Multicap Fund has performed better while in others, DSP BlackRock Equity Opportunities Fund has done better. The comparison summary of the performance section is as shown in the table given below.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
SBI Magnum Multicap Fund
Growth
Fund Details
3.1%
8%
8.3%
14%
12.9%
11.4%
0%
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
4.2%
10.4%
10.5%
11.8%
11.3%
10.5%
17.5%

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Yearly Performance Section

Being the third section in the comparison, it analyzes the changes in the absolute returns generated by both the schemes for a particular year. The comparison of yearly performance section also reveals that for certain years SBI Magnum Multicap Fund leads the race while in others DSP BlackRock Equity Opportunities Fund leads the race. The comparison summary of the performance section 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%
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
-9.2%
40.1%
11.2%
6.1%
45.4%

Other Details Section

It is the last section in the comparison whose elements are AUM, minimum SIP and lumpsum investment, and exit load. The comparison of AUM shows a difference between both the schemes. As on March 31, 2018, the AUM of SBI Mutual Fund’s scheme was around INR 5,069 Crores and of DSP BlackRock Mutual Fund’s scheme was nearly INR 4,704 Crores. The SIP and lumpsum amount for both the schemes are same. The minimum SIP amount for both the schemes is INR 500 while the lumpsum amount is INR 1,000. Also, the exit load for both the schemes is different. The table given below shows the comparison summary of the other details section.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
SBI Magnum Multicap Fund
Growth
Fund Details
₹500
₹1,000
Anup Upadhyay - 2.24 Yr.
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
₹500
₹1,000
Rohit Singhania - 4.33 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 Oct 14₹10,000
31 Oct 15₹11,359
31 Oct 16₹13,349
31 Oct 17₹16,217
31 Oct 18₹15,022
31 Oct 19₹17,587
Growth of 10,000 investment over the years.
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
DateValue
31 Oct 14₹10,000
31 Oct 15₹10,741
31 Oct 16₹13,100
31 Oct 17₹16,108
31 Oct 18₹14,707
31 Oct 19₹16,918

Detailed Assets & Holdings Comparison

Asset Allocation
SBI Magnum Multicap Fund
Growth
Fund Details
Asset ClassValue
Cash2.41%
Equity97.59%
Equity Sector Allocation
SectorValue
Financial Services33.3%
Industrials11.15%
Basic Materials10.2%
Consumer Cyclical9.63%
Technology9.09%
Consumer Defensive6.4%
Utility6.36%
Energy4.76%
Health Care3.45%
Communication Services1.91%
Real Estate0.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
9%₹722 Cr5,878,212
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
7%₹559 Cr6,943,712
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK
6%₹477 Cr11,004,935
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | KOTAKBANK
5%₹365 Cr2,222,074
↑ 308,600
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
4%₹298 Cr4,356,549
↑ 677,700
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT
3%₹282 Cr1,911,000
Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 17 | 532702
3%₹241 Cr11,107,079
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹235 Cr8,693,600
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 13 | MARUTI
3%₹227 Cr337,810
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Apr 18 | 500547
3%₹224 Cr4,758,957
Asset Allocation
DSP BlackRock Equity Opportunities Fund
Growth
Fund Details
Asset ClassValue
Cash3.07%
Equity96.92%
Debt0%
Equity Sector Allocation
SectorValue
Financial Services36.49%
Basic Materials9.87%
Industrials8.94%
Energy7.91%
Technology7.73%
Health Care6.92%
Consumer Cyclical6.67%
Consumer Defensive4.19%
Utility3.65%
Real Estate2.3%
Communication Services2.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹502 Cr4,077,569
↓ -133,587
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
8%₹446 Cr9,625,806
↓ -2,232,463
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹236 Cr3,202,098
↓ -828,524
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 16 | RELIANCE
4%₹213 Cr1,452,018
↓ -190,957
Infosys Ltd (Technology)
Equity, Since 28 Feb 18 | INFY
3%₹196 Cr2,858,740
↑ 1,849,515
Kansai Nerolac Paints Ltd (Basic Materials)
Equity, Since 30 Nov 17 | 500165
3%₹169 Cr3,039,360
↑ 97,396
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
3%₹160 Cr
State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN
3%₹158 Cr5,050,559
↑ 3,177,114
Coromandel International Ltd (Basic Materials)
Equity, Since 30 Nov 16 | 506395
3%₹145 Cr3,048,851
Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 31 Aug 19 | HINDPETRO
3%₹141 Cr4,341,403
↑ 670,171

Therefore, it can be concluded from the above pointers, that both the schemes differ on account of various parameters. As a consequence, individuals should check the scheme details completely before investing in it. They should see whether the scheme matches their investment details or not. This will help them to attain their objectives on time and in a hassle-free manner.

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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